ECB’s top conservative shifts tone with sanguine inflation message
FRANKFURT (Reuters) -Euro zone inflation is increasingly likely to ease back to the European Central Bank’s 2% target on a durab..
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Dollar gains as ADP shows better than expected jobs gains
By Karen Brettell NEW YORK (Reuters) – The dollar hit a three-week high against the euro on Wednesday after the ADP national e..
Finance
Euro area long-dated yields rise after sharp drop, geopolitics in focus
By Stefano Rebaudo (Reuters) – Euro area government bond yields rose on Wednesday, a day after long-dated yields posted their ..
Business
LME monitors tightness in aluminium market after spike in spread
By Eric Onstad LONDON (Reuters) – The London Metal Exchange (LME) is tracking tightness in the aluminium market, which has see..
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Sainsbury’s boss looks to UK budget to lift spending gloom
By James Davey COBHAM, England (Reuters) – Britons bruised by a cost of living crisis will not start spending strongly again unt..
Business
Online Tools For Active Forex Traders
There are several online tools for active forex traders. As the biggest liquid market in the world, potential opportunities continue t..
Finance
Big oil’s big payouts under strain as energy prices fall
By Ron Bousso LONDON (Reuters) – Major energy companies are set to borrow billions to maintain shareholder payouts or cut the ra..
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Bonds rally, dollar firms as traders ponder rate cuts
By Yoruk Bahceli (Reuters) -Government bonds rallied on Tuesday as euro zone inflation data boosted the case for faster European Centr..
Finance
CVS explores options including potential break-up, sources say
By Anirban Sen NEW YORK (Reuters) – CVS Health is exploring options that could include a break-up of the company to separate its..
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Italy and BlackRock discuss potential data centres investment
ROME (Reuters) – Italian Prime Minister Giorgia Meloni met the head of the U.S. fund BlackRock Inc, Larry Fink, in Rome o..
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French retailer Casino to present new strategy with heavy job cuts expected
PARIS (Reuters) – French supermarket chain Casino will set out its new strategy in November, with heavy job cuts still li..
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Germany reports outbreak of H5N1 bird flu on a farm
PARIS (Reuters) – Germany reported an outbreak of highly pathogenic H5N1 bird flu on a farm in the eastern region of Saxo..
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SoftBank to invest $500 million in OpenAI, The Information reports
(Reuters) – Japanese telecom company SoftBank’s Vision Fund will invest $500 million in OpenAI’s latest fundi..
Business
Big banks add October cut to ECB forecasts
LONDON (Reuters) -Major brokerages, including Goldman Sachs and JPMorgan, now expect the European Central Bank to deliver a qua..
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Thailand’s Central Group takes over Swiss department stores Globus
BERLIN (Reuters) – Thai retail and property conglomerate Central Group said on Monday it will take over the operational b..
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Labour’s move to tax private education leaves Britain divided
By Sarah Young MALVERN, England (Reuters) – Mark Manwaring-White, 67, had been hoping to retire but a policy introduced b..
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Grifols plans to invest $402 million in new industrial centre, El Economista says
(Reuters) – Spanish drugmaker Grifols plans to invest 360 million euros ($401.98 million) to build a new industrial plant..
Business
UK house prices rise 0.7% in September, Nationwide says
LONDON (Reuters) -British house prices rose by a higher-than-expected 0.7% in September from August, with the annual growth rat..
Finance
Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say
(Reuters) – TikTok’s Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compat..
Technology
UK business confidence falls from eight-year high, Lloyds says
By David Milliken LONDON (Reuters) – British business confidence ebbed slightly this month after reaching an eight-year h..
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Spotify back up after outage hits over 40,000 users
(Reuters) -Audio streaming platform Spotify was back up after an approximate three-hour-long outage on Sunday, which at its pea..
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Dollar drops after inflation data, Yen rebounds on Ishiba win
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar weakened on Friday after a reading of U.S. inflation indicated price pressures con..
Finance
Oil steady but on track for weekly drop on firmer supply outlook
By Paul Carsten LONDON (Reuters) -Oil prices held on Friday but remained on track for a weekly fall as investors weighed expect..
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Moncler CEO strengthens grip on company with LVMH deal
By Elisa Anzolin and Mimosa Spencer MILAN/PARIS (Reuters) -Moncler’s Chairman and CEO Remo Ruffini is tightening his cont..
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Aeffe sells ‘Moschino’ brand for perfumes to Euroitalia
MILAN (Reuters) – Italian fashion group Aeffe has agreed to transfer the ownership of its ‘Moschino’ brand in..
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Exclusive-African countries eye world’s first joint ‘debt-for-nature’ swap
LONDON (Reuters) – At least five African countries are working on what could be the world’s first joint “debt..
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UK’s FTSE 100 closes slightly up as falling energy shares offset China-driven rally
By Lisa Pauline Mattackal and Shashwat Chauhan (Reuters) -UK’s FTSE 100 closed up on Thursday, though lagging its Europea..
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Europe’s STOXX 600 clocks all-time closing high on China stimulus boost
By Pranav Kashyap and Shashwat Chauhan (Reuters) -European shares jumped on Thursday, with China-exposed stocks such as luxury and min..
Finance
Stocks rise to records with Micron rally; oil prices slide
By Caroline Valetkevitch NEW YORK (Reuters) -A widely followed global stock index and the S&P 500 hit record highs on Thursday aft..
Finance
Exclusive-Ubisoft activist investor says it has support of 10% of shareholders in management tussle
By Zaheer Kachwala (Reuters) – An activist investor pushing for a sale of “Assassin’s Creed” maker Ubis..
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Discounter Pepco’s sales hurt by supply chain disruption
By James Davey LONDON (Reuters) -European discount retailer Pepco Group said its fourth-quarter underlying revenue was lower th..
Business
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Dollar firm following sharp rebound as Fed speakers eyed
Dollar firm following sharp rebound as Fed speakers eyed
By Kevin Buckland TOKYO (Reuters) – The dollar held firm on Thursday following its sharpest rally since early June as traders looked ahea..
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Polish fashion retailer LPP confirms annual revenue goal of up to $5.5 billion
GDANSK (Reuters) – Poland’s largest apparel retailer LPP confirmed its full-year revenue target of 20-21 billion zl..
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UniCredit starts process to bring life insurance business in house
MILAN (Reuters) – UniCredit has told Allianz and CNP Assurances that it will buy their stakes in the life insurance joint..
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European shares end marginally lower as energy stocks drop
By Pranav Kashyap and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 closed slightly lower on Wednesday as energy stocks ..
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Meta shows off prototype augmented-reality glasses at Connect event
By Katie Paul MENLO PARK, California (Reuters) -Facebook owner Meta Platforms showed off its first working prototype of augmented-re..
Technology
Fonterra’s annual profit falls 25%; shares rise on dividend declaration
By Rajasik Mukherjee (Reuters) -New Zealand’s Fonterra posted a 25% drop in its fiscal 2024 profit on Wednesday, hurt by ..
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