German consumer sentiment recovers further heading into June
BERLIN (Reuters) – German consumer sentiment improved for the fourth month in a row heading into June as the outlook brightened..
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Uber to offer Seine cruises, day trips in Paris during Olympics rush
The ride-hailing platform will offer its “Uber Cruises” free of charge from July 12 to August 3, and customers can also ..
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BYD unveils new hybrid tech as battle with gasoline rivals heats up
SHANGHAI (Reuters) -China’s BYD launched on Tuesday the latest version of a plug-in hybrid technology that improves fuel and co..
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Hess shareholders sign off on $53 billion sale to Chevron
By Sabrina Valle HOUSTON (Reuters) -Hess shareholders on Tuesday approved the proposed $53 billion merger with Chevron that paves the..
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Global equity index dips as investors await inflation prints
By Sinéad Carew and Alun John NEW YORK/LONDON (Reuters) -A global equities gauge fell slightly on Tuesday while U.S. indexes were a..
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Dollar slips ahead of data, set for first monthly drop in 2024
By Stefano Rebaudo (Reuters) -The dollar eased against most currencies on Tuesday ahead of key U.S. and euro zone inflation data late..
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What is OPEC+ and how does it affect oil prices?
DUBAI (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collecti..
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Oil edges higher after inflation gloom hit prices
By Robert Harvey LONDON (Reuters) – Oil prices crept higher on Friday, having been under pressure from lingering concerns that ..
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Dollar holds firm as traders trim US rate cut bets
By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) – The dollar was set for its largest weekly rise in a month-and-a..
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Wall St rallies, Treasury yields steady ahead of holiday weekend
By Stephen Culp NEW YORK (Reuters) – Wall Street rebounded and Treasury yields paused in the wake of upbeat economic data on Fr..
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UK commercial property values stabilising despite offices drag, says British Land
LONDON (Reuters) -Landlord British Land said UK commercial property values have begun to stabilise after a torrid period for real esta..
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Stellantis CEO: electric vehicle tariffs are a trap
MUNICH (Reuters) -Stellantis expects a major battle with Chinese rivals in the European market for electric vehicles, warning of sig..
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Analysis-Europe stock pickers go old-school to ride the next wave in AI
By Lucy Raitano LONDON (Reuters) – European stock pickers are turning to more established sectors like utilities, professiona..
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European shares to hit pause before rising again in 2025: Reuters poll
By Danilo Masoni and Samuel Indyk MILAN (Reuters) – A record-breaking run in European shares has made them more vulnerable to p..
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Stocks stumble on inflation jitters, offsetting high Nvidia hopes
By Tom Wilson LONDON (Reuters) -Shares fell on Wednesday as stronger-than-expected inflation in Britain offset hopes that AI-heavywei..
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UK inflation pressure stays hot, dashing hopes for June rate cut
By Andy Bruce and Suban Abdulla LONDON (Reuters) -Inflation in Britain eased less than expected and a key core measure of prices bare..
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Dollar up as traders await Fed clues; sterling rises
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against the euro on Wednesday as investors awaited Federal Reserve meeting m..
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US dollar dips vs yen after Fed’s Waller rules out rate hikes again
By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) – The U.S. dollar slipped against the yen on Tuesday i..
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Sterling steady ahead of expected drop in inflation
By Harry Robertson LONDON (Reuters) – The pound held steady on Monday as markets waited for April inflation data later in the w..
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Asking prices for UK homes hit record high, Rightmove says
LONDON (Reuters) – Prices of homes being put up for sale in Britain have hit record highs despite still expensive mortgage cost..
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Italy’s large deficit, debt could erode investor confidence, IMF warns
By Giuseppe Fonte ROME (Reuters) – Italy’s huge budget deficit and debt along with delays in spending post-COVID EU funds..
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Wall St, world stocks advance, metals shine
NEW YORK (Reuters) -U.S. stocks followed the example of their European counterparts, gaining ground on Monday while gold and copper to..
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European shares eke out gains amid interest rate uncertainty
(Reuters) -European shares ended marginally higher on Monday, with defence stocks in the lead, but gains remained in check as investor..
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Dollar firm as investors await Fed guidance
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar was firm against the euro on Monday as investors awaited further clues to help th..
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European shares end lower on rate cut jitters; Richemont shines
By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed lower on Friday, as investors turned cautious following remar..
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Dollar mostly flat as market mulls inflation outlook
By Herbert Lash and Iain Withers NEW YORK/LONDON (Reuters) – The dollar traded little changed against major currencies on Frida..
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Stocks inch up as timing of US rate cuts weighed; copper jumps
By Caroline Valetkevitch NEW YORK (Reuters) -World stock indexes edged higher and U.S. Treasury yields also rose on Friday as investo..
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Engie Q1 profit drops on warmer winter, steady market
By America Hernandez PARIS (Reuters) – French energy company Engie said on Friday first-quarter earnings fell 3.2% as a warmer ..
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Carlos Slim’s FCC to spin off and list cement and real estate unit
MADRID (Reuters) – Mexican billionaire Carlos Slim’s Spanish unit FCC plans to spin off its cement and real estate assets..
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GSK raises $1.5 billion from offloading Haleon stake at a discount
(Reuters) – GSK has raised 1.25 billion pounds ($1.52 billion) from selling its entire remaining stake in consumer healthcare f..
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British grocer Sainsbury’s partners with Microsoft to use AI for data insights
LONDON (Reuters) – Britain’s Sainsbury’s said on Friday it has agreed a five-year strategic partnership with Micros..
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Prosus, parent group Naspers name Fabricio Bloisi as new CEO
(Reuters) -Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chi..
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Oil prices rise after US economic data raises rate cut expectations
By Laila Kearney NEW YORK (Reuters) -Oil futures rose on Thursday on a stabilizing U.S. job market and slower-than-expected inflation..
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Dollar rebounds on hot US import prices
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data showed U.S. import prices incre..
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German experts cut their tax revenue forecasts for 2024-28 by 1.5%
By Maria Martinez BERLIN (Reuters) -Germany’s council of tax experts cut their forecast for total tax revenue over the next fiv..
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Fears of German ‘de-industrialisation’ may be overblown – for now
By Maria Martinez BERLIN (Reuters) – High energy costs, weak global demand, a disruptive shift towards net-zero economies, and ..
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Siemens misses profit forecast as industrial business struggles
By John Revill ZURICH (Reuters) – Siemens reported a drop in second-quarter earnings at its industrial business, the German eng..
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