News

Oil ticks up on inventory drawdown outlook, Middle East risks

Oil ticks up on inventory drawdown outlook, Middle East risks

SINGAPORE (Reuters) -Oil prices inched up during Asian trade on Wednesday despite a..

Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify

Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify

(Reuters) – Covestro, the German chemicals maker in talks to be acquired by A..

Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows

Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows

TOKYO (Reuters) – Toyota sold $2 billion worth of cross shareholdings of liste..

Oil prices steady as inflation worries limit summer demand optimism

Oil prices steady as inflation worries limit summer demand optimism

By Emily Chow SINGAPORE (Reuters) – Oil prices were little changed on Tuesday..

Asian shares subdued, yen hits record low versus euro

Asian shares subdued, yen hits record low versus euro

By Stella Qiu SYDNEY (Reuters) – Asian shares were subdued on Tuesday while t..

China’s BYD launches third EV model in Japan

China’s BYD launches third EV model in Japan

TOKYO (Reuters) -China’s BYD launched its third electric vehicle in Japan, it..

London’s FTSE 100 flat; energy, miners lead decline

London’s FTSE 100 flat; energy, miners lead decline

(Reuters) – London’s FTSE 100 was flat on Monday as investors turned ca..

Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites

Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites

(Reuters) -British e-commerce firm THG has agreed to sell its portfolio of luxury g..

Prosus full-year core headline earnings jump 84%

Prosus full-year core headline earnings jump 84%

(Reuters) – Dutch technology investor Prosus core headline earnings jumped 84..

Oil eases as strong dollar weighs on commodities markets

Oil eases as strong dollar weighs on commodities markets

By Florence Tan SINGAPORE (Reuters) -Oil prices inched down on Monday as concerns o..

German residential property prices keep falling in Q1

German residential property prices keep falling in Q1

(Adds missing economist name in paragraph 6) BERLIN (Reuters) -German residential p..

UK’s Britvic rejects revised takeover proposal from Carlsberg

UK’s Britvic rejects revised takeover proposal from Carlsberg

(Reuters) – British soft drinks maker Britvic rejected a revised, unsolicited..

Analysis-Consumer-focused lending under Labour could dent UK bank profits

Analysis-Consumer-focused lending under Labour could dent UK bank profits

By Sinead Cruise and Lawrence White LONDON (Reuters) – Once seen as hostile t..

Asian shares end the week with a whimper, yen back to intervention watch

Asian shares end the week with a whimper, yen back to intervention watch

By Stella Qiu SYDNEY (Reuters) -Asian shares are ending the week with a whimper aft..

Swiss National Bank presses ahead as rate cutting front-runner

Swiss National Bank presses ahead as rate cutting front-runner

By John Revill ZURICH(Reuters) -The Swiss National Bank cut interest rates on Thurs..

Analysis-UK markets jolted back to life by rate cut hopes, election buzz

Analysis-UK markets jolted back to life by rate cut hopes, election buzz

By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Traders upped bets for ..

Accenture forecasts 2024 revenue growth above estimates on AI demand

Accenture forecasts 2024 revenue growth above estimates on AI demand

Accenture forecasts 2024 revenue growth above estimates on AI demand (Reuters) -IT s..

Italy boosts crypto risk oversight and toughens sanctions, draft shows

Italy boosts crypto risk oversight and toughens sanctions, draft shows

ROME (Reuters) – Italy plans to adopt measures to beef up surveillance over r..

Morning Bid: Bailey likely to bail on rate change

Morning Bid: Bailey likely to bail on rate change

A look at the day ahead in European and global markets from Ankur Banerjee British ..

Credit Suisse collapse showed weakness in regulatory framework: SNB

Credit Suisse collapse showed weakness in regulatory framework: SNB

ZURICH (Reuters) – The collapse of Swiss bank Credit Suisse last year has hig..

Asian stocks hold on to gains; BoE in focus

Asian stocks hold on to gains; BoE in focus

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks took a breather on Thurs..

UK election pledges fall short of $48 billion health funding gap, think tank says

UK election pledges fall short of $48 billion health funding gap, think tank says

LONDON (Reuters) – Election pledges by Britain’s governing Conservative..

British review of “politically exposed” bank clients put off until election

British review of “politically exposed” bank clients put off until election

LONDON (Reuters) – Britain’s financial watchdog will wait until after n..

Germany’s working-age population to decline by 2% by 2045, study shows

Germany’s working-age population to decline by 2% by 2045, study shows

BERLIN (Reuters) – Germany will see its working-age population decrease by 2%..

UK inflation back to 2% target for first time since 2021

UK inflation back to 2% target for first time since 2021

LONDON (Reuters) -British inflation returned to its 2% target in May for the first t..

News

UK’s Berkeley turns to build-to-rent segment; raises earnings view

UK’s Berkeley turns to build-to-rent segment; raises earnings view

(Reuters) -British high-end homebuilder Berkeley lifted its earnings outlook by 5% for fiscal year 2..

Dollar steadies, sterling eases ahead of inflation data

Dollar steadies, sterling eases ahead of inflation data

By Rae Wee SINGAPORE (Reuters) -The dollar recovered some ground on Wednesday after..

Exclusive-Ferrari’s first electric car to cost over $500,000, source says

Exclusive-Ferrari’s first electric car to cost over $500,000, source says

By Giulio Piovaccari MILAN (Reuters) – Ferrari’s first electric car wil..

Dollar pares gains after US retail sales miss expectations in May

Dollar pares gains after US retail sales miss expectations in May

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar pared gains against the euro on..

European shares advance as French political concerns subside

European shares advance as French political concerns subside

(Reuters) -European shares closed higher on Tuesday, supported by a slip in governme..

UK grocery inflation edges lower again ahead of election, Kantar says

UK grocery inflation edges lower again ahead of election, Kantar says

By James Davey LONDON (Reuters) – UK grocery inflation fell for a sixteenth m..

German investor morale rises modestly in June, ZEW says

German investor morale rises modestly in June, ZEW says

BERLIN (Reuters) -The recovery in German investor morale tapered off in June, the Z..

The euro zone’s fragmented banking industry

The euro zone’s fragmented banking industry

By Tommy Reggiori Wilkes and Prinz Magtulis LONDON (Reuters) – Supporters for..

Norway’s Schibsted to cut 250 jobs in cost drive

Norway’s Schibsted to cut 250 jobs in cost drive

OSLO (Reuters) – Norwegian online classified ads group Schibsted will cut aro..

YouTube tests context ‘notes’ feature for videos

YouTube tests context ‘notes’ feature for videos

(Reuters) – Alphabet’s YouTube will soon allow users to add ‘note..

Analysis-Global central banks recalibrate as the big policy easing of 2024 fizzles

Analysis-Global central banks recalibrate as the big policy easing of 2024 fizzles

By Howard Schneider and Francesco Canepa WASHINGTON (Reuters) – Six months ag..

Addressing Expense Fraud: A Vital Concern for Businesses Amidst Economic Strain in the UK

Addressing Expense Fraud: A Vital Concern for Businesses Amidst Economic Strain in the UK

The ongoing economic challenges in the UK have significantly impacted families nati..