News

Sabadell board meets to consider BBVA’s $13 billion offer, sources say

Sabadell board meets to consider BBVA’s $13 billion offer, sources say

MADRID (Reuters) -Sabadell’s board was meeting on Monday to discuss an all-sha..

World shares climb on Fed cut bets, China gains; yen weakens

World shares climb on Fed cut bets, China gains; yen weakens

LONDON (Reuters) -U.S. stocks looked to open higher on renewed bets that the Federal..

BioNTech says 90% of 2024 revenues will accrue at end of year

BioNTech says 90% of 2024 revenues will accrue at end of year

FRANKFURT (Reuters) -Germany’s BioNTech, whose COVID-19 vaccine in partnership..

Shares in Spain’s Indra surge after net profit rises 40%

Shares in Spain’s Indra surge after net profit rises 40%

By Matteo Allievi (Reuters) -Shares in Spanish defence and technology firm Indra su..

Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter

Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter

COPENHAGEN (Reuters) -The disruption to container shipping traffic in the Red Sea is..

Westpac raises share buyback by $661 million even as costs and competition bite

Westpac raises share buyback by $661 million even as costs and competition bite

(Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 bill..

Analysis-Traders prep for another round of yen whack-a-mole

Analysis-Traders prep for another round of yen whack-a-mole

By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) – Japan’s attemp..

Oil edges back towards 7-week low after resilient US jobs data

Oil edges back towards 7-week low after resilient US jobs data

By Robert Harvey and Deep Kaushik Vakil LONDON (Reuters) -Oil edged back towards th..

Greek summer wildfire threat nears, outpacing plans to contain it

Greek summer wildfire threat nears, outpacing plans to contain it

By Angeliki Koutantou ATHENS (Reuters) – When firefighters arrived at a blaze..

Euro zone factory activity takes turn for the worse in April, PMI survey shows

Euro zone factory activity takes turn for the worse in April, PMI survey shows

By Jonathan Cable LONDON (Reuters) -The downturn in manufacturing activity across t..

Sterling gives back some Fed-inspired gains, eyes on local elections

Sterling gives back some Fed-inspired gains, eyes on local elections

LONDON (Reuters) – The British pound slipped against the dollar, having risen ..

UK set for weak growth and highest inflation in G7, OECD says

UK set for weak growth and highest inflation in G7, OECD says

LONDON (Reuters) -Britain will suffer some of the lowest rates of economic growth an..

European shares struggle for direction in earnings tide, Fed decision

European shares struggle for direction in earnings tide, Fed decision

By Ankika Biswas (Reuters) -European shares flitted in a tight range on Thursday, a..

Garmin’s Q1 results beat on strong demand for fitness, auto products

Garmin’s Q1 results beat on strong demand for fitness, auto products

(Reuters) -Garmin topped Wall Street estimates for first-quarter results on Wednesd..

Stocks, dollar dip after data with eyes on Fed

Stocks, dollar dip after data with eyes on Fed

By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks declined f..

Apple set for big sales decline as investors await AI in iPhones

Apple set for big sales decline as investors await AI in iPhones

(Reuters) – Apple’s plan to add generative AI to its iPhones and revive ..

Sterling holds steady as markets await Fed decision

Sterling holds steady as markets await Fed decision

By Harry Robertson LONDON (Reuters) – The pound held steady on Wednesday as t..

GSK raises profit outlook on strong vaccine, HIV drug sales

GSK raises profit outlook on strong vaccine, HIV drug sales

By Eva Mathews and Maggie Fick (Reuters) -GSK raised its full-year profit forecast ..

AI fuels cloud computing boom for tech giants

AI fuels cloud computing boom for tech giants

By Yuvraj Malik (Reuters) – Three of the Wall Street’s heavyweight te..

Britain’s Next keeps profit guidance after first-quarter sales rise

Britain’s Next keeps profit guidance after first-quarter sales rise

LONDON (Reuters) -British clothing retailer Next on Wednesday kept its forecast for ..

US spending on London real estate rebounds to highest in eight years

US spending on London real estate rebounds to highest in eight years

LONDON (Reuters) – U.S. investors are buying up London commercial property at ..

Extreme heat shuts schools for millions, widening learning gaps worldwide

Extreme heat shuts schools for millions, widening learning gaps worldwide

(Reuters) -Hena Khan, a grade nine student in Dhaka, has struggled to focus on her s..

Sensodyne-maker Haleon posts tepid sales as demand for some products cool off

Sensodyne-maker Haleon posts tepid sales as demand for some products cool off

(Reuters) -Consumer healthcare company Haleon reported first-quarter revenue slight..

Sensodyne-maker Haleon posts tepid sales as demand for some products cool off

Sensodyne-maker Haleon posts tepid sales as demand for some products cool off

(Reuters) -Consumer healthcare company Haleon reported first-quarter revenue slight..

News

Investors scour the globe for shelter as Wall Street shakes

Investors scour the globe for shelter as Wall Street shakes

By Naomi Rovnick LONDON (Reuters) – Global investors are eyeing European and emerging market ..

News

Investors scour the globe for shelter as Wall Street shakes

Investors scour the globe for shelter as Wall Street shakes

LONDON (Reuters) – Global investors are eyeing European and emerging market assets to protect ..

US spending on London real estate rebounds to highest in eight years

US spending on London real estate rebounds to highest in eight years

By Iain Withers LONDON (Reuters) – U.S. investors are buying up London commer..

US spending on London real estate rebounds to highest in eight years

US spending on London real estate rebounds to highest in eight years

By Iain Withers LONDON (Reuters) – U.S. investors are buying up London commer..

News

Microsoft to open first regional data centre in Thailand

Microsoft to open first regional data centre in Thailand

BANGKOK (Reuters) -Microsoft will open its first regional data centre in Thailand, the tech giant s..

Microsoft to open first regional data centre in Thailand

Microsoft to open first regional data centre in Thailand

BANGKOK (Reuters) -Microsoft will open its first regional data centre in Thailand, the tech giant s..

McDonald’s posts rare profit miss as customers turn picky

McDonald’s posts rare profit miss as customers turn picky

By Savyata Mishra (Reuters) -McDonald’s missed quarterly profit estimates for..

Euro zone inflation steady in April, reinforcing ECB rate cut case

Euro zone inflation steady in April, reinforcing ECB rate cut case

FRANKFURT (Reuters) – Euro zone inflation held steady as expected in April bu..

Global banking regulators target mismanagement in handling risks from clients

Global banking regulators target mismanagement in handling risks from clients

By Huw Jones LONDON (Reuters) – Global banking regulators on Tuesday proposed..

Bank of England tweaks lifetime loss estimate for QE programme

Bank of England tweaks lifetime loss estimate for QE programme

By Andy Bruce (Reuters) – The Bank of England on Tuesday tweaked its estimate..

Coca-Cola bets on pricey sodas, international demand to lift annual sales forecast

Coca-Cola bets on pricey sodas, international demand to lift annual sales forecast

By Ananya Mariam Rajesh (Reuters) -Coca-Cola raised its annual organic sales foreca..

Analysts cut EU carbon price forecasts on 2023 emission slump

Analysts cut EU carbon price forecasts on 2023 emission slump

By Susanna Twidale LONDON (Reuters) – Analysts have cut price forecasts for E..

Oil down on Middle East talks while investors await Fed meeting

Oil down on Middle East talks while investors await Fed meeting

By Noah Browning and Deep Kaushik Vakil LONDON (Reuters) -Oil edged lower on Tuesda..