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..
News
News
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..
News
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 ..
News
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..
News
Italy cuts Eni stake, raises 1.4 billion euros
By Giuseppe Fonte and Francesca Landini ROME (Reuters) -Italy’s Treasury sold a 2.8% stake in energy group Eni on Wednesday, po..
News
Exclusive-Anglo American starts revamp with hiring freeze, document shows
By Scott Murdoch and Melanie Burton SYDNEY (Reuters) -Anglo American has suspended hiring globally according to an internal memo revi..
News
Catering firm Compass lifts profit forecast after strong first half
(Reuters) – British catering firm Compass Group raised its 2024 profit forecast on Wednesday, after reporting first-half earnin..
News
AI’s use in finance may need new rules, ECB says
FRANKFURT (Reuters) – The use of artificial intelligence in finance is still in its infancy but it needs to be monitored and po..
News
Oil down on inflation, supply risks in Mideast, Canada lend floor
By Georgina McCartney HOUSTON (Reuters) -Oil prices fell on Tuesday, after fresh U.S. data indicated inflation remains sticky, while ..
News
King Charles unveils his first portrait since coronation
(Changes media identifier to correspond with visuals) LONDON (Reuters) -Britain’s King Charles on Tuesday unveiled the first of..
News
Factbox-How hosting Euro 2024 could impact the German economy
By Rene Wagner BERLIN (Reuters) – Germany will be hoping for sporting success as host of the 2024 Euros soccer championship k..
News
Analysis-Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook
By Amanda Cooper and Stefano Rebaudo LONDON/MILAN (Reuters) – The euro has resisted falling to parity with the dollar for now, ..
News
Countries make late bid to salvage EU’s nature law
By Kate Abnett BRUSSELS (Reuters) – A group of 11 countries, led by Ireland, has made a last-ditch attempt to approve the EU..
News
Mixed UK labour market signals leave BoE on rate cut alert
By Suban Abdulla LONDON (Reuters) – British wages grew by more than expected, according to data published on Tuesday, but other..
News
World shares rest near record highs ahead of US inflation data
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) – World shares marked time on Tuesday, holding just shy of record hig..
News
Curbs on costly home incentives cause split in Italy’s coalition
By Giuseppe Fonte and Angelo Amante ROME (Reuters) – Italy’s ruling coalition was divided on Tuesday over the approval of..
News
Dollar slips after unexpected rise in US producer prices
By Herbert Lash and Joice Alves NEW YORK (Reuters) -The dollar edged lower on Tuesday following an unexpected increase in U.S. produc..
News
Morning Bid: Markets eye US CPI and record high
A look at the day ahead in European and global markets from Tom Westbrook Stocks near record highs and Bill Hwang and Roaring Kitty i..
News
Stocks grind towards record highs in inflation-heavy week
By Wayne Cole and Amanda Cooper SYDNEY/LONDON (Reuters) -Global stocks neared record highs on Monday, in a week where inflation figur..
News
EU countries approve law to slash trucks’ CO2 emissions
By Kate Abnett BRUSSELS (Reuters) – European Union countries gave their final approval on Monday to a law to cut carbon dioxide..
News
The case for forever high interest rates
By Yoruk Bahceli (Reuters) – If financial markets are right, interest rates won’t just stay high this year, but possibly ..
News
London stocks muted ahead of more earnings, economic data
(Reuters) – London’s FTSE 100 was flat on Monday as gains in travel and leisure were offset by losses in defence stocks as..
News
European shares listless as investors brace for inflation test
By Ankika Biswas (Reuters) -Europe’s STOXX 600 struggled for direction on Monday, as investors geared up for this week’s ..
News
In the Market: Financiers fret over ‘leverage on leverage’ in private credit
By Paritosh Bansal (Reuters) -To some elite financiers who gathered in Los Angeles for the Milken Institute conference, a debt binge ..
News
Japan’s SoftBank swings to quarterly profit, eyes on Arm unit
By Anton Bridge TOKYO (Reuters) -Technology investor SoftBank Group swung to a net profit in the final quarter of its financial year,..
News
Germany says cybercrime by foreign actors rose by 28% in 2023
BERLIN (Reuters) – Cybercrime by foreign perpetrators surged in Germany in 2023, rising by 28% on the previous year, data relea..
News
Amazon to invest $1.3 billion in France, create 3,000 jobs
By Supantha Mukherjee STOCKHOLM (Reuters) – Amazon said on Monday it would invest more than 1.2 billion euros ($1.3 billion) in..
News
UK’s Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions
(This May 10 story has been corrected to say ‘revenue per advertiser’ forecast, not ‘ad revenue’ forecast, in..
News
Microsoft to invest 4 billion euros in France
PARIS (Reuters) – Technology and software giant Microsoft will invest 4 billion euros ($4.3 billion) in France as part of the a..
News
Floods kill 37 in Indonesia’s West Sumatra, 17 missing
TANAH DATAR (Reuters) – Flash floods and mud slides in Indonesia’s West Sumatra province killed at least 37 people this w..
News
Currency market calm as US inflation data holds focus this week
By Brigid Riley TOKYO (Reuters) – Major currencies were steady on Monday with the dollar consolidating against peers, as market..
News
UK employers plan 4% pay rises in coming year, survey shows
By Suban Abdulla LONDON (Reuters) – British employers expect to raise wages by 4% over the coming 12 months, a similar rate to ..
News
Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability
PARIS (Reuters) -Novavax on Friday erased doubts about its ability to remain in business and struck a licensing deal worth up to $1.2..
News
Retailer Lidl UK raises staff pay for third time in 12 months
LONDON (Reuters) – The British arm of German supermarket group Lidl said it would lift wages by over 3% in June, giving thousan..
News
Honda sees full-year profit rising 2.8%
TOKYO (Reuters) – Japan’s Honda Motor Co forecast a 2.8% rise in operating profit for this financial year, after it excee..
News
Pandemic treaty talks to the wire, likely to miss first deadline, sources say
By Jennifer Rigby LONDON (Reuters) – Talks to draw up a global pact to help fight future pandemics are likely to miss an initia..
News
Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports
(Reuters) -Mining giant Rio Tinto had considered an offer for British miner Anglo American, which is now BHP Group’s $39 billio..
News