Oil comes off four-month low as US jobs data fuels rate cut bets
By Deep Kaushik Vakil and Ahmad Ghaddar LONDON (Reuters) -Oil prices edged up from four-month lows on Wednesday after a fillip from a..
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Stocks gain on rate-cut wagers as ECB meeting looms
By Danilo Masoni and Ankur Banerjee MILAN (Reuters) – World shares rose on Wednesday and the dollar inched up, with a European ..
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Euro zone business activity expands at fastest rate in a year, PMI shows
BENGALURU (Reuters) – Euro zone business activity expanded at its quickest rate in a year in May as growth in the bloc’s ..
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Boeing to try again to launch first Starliner crewed mission
By Joey Roulette WASHINGTON (Reuters) – Boeing’s Starliner spacecraft is set for a third attempt to fly astronauts to spa..
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UK new car sales grows in May despite drop in private consumer purchases – SMMT
(Reuters) -New car registrations in Britain rose in May helped by higher fleet vehicle demand, industry data showed on Wednesday, cou..
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Spain’s BBVA seeks ECB go-ahead for Sabadell hostile bid, source says
Spain’s BBVA seeks ECB go-ahead for Sabadell hostile bid, source says By Jesús Aguado LONDON (Reuters) – Spain’s BBV..
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Nike cutting jobs at European headquarters in the Netherlands -Bloomberg
AMSTERDAM (Reuters) – Nike [NKE.N] is cutting jobs at its European headquarters in the Dutch city Hilversum, Bloomberg reported..
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Oil near 4-mth low after OPEC+ supply plan, US stock build
By Florence Tan SINGAPORE (Reuters) -Oil prices hovered near four-month lows in Asia on Wednesday as markets digested an OPEC+ decisi..
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UK discounter B&M profit up 10%, boosted by new store openings
LONDON (Reuters) – British discount chain B&M on Wednesday met expectations with a 9.7% rise in full-year profit, reflectin..
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Zara owner Inditex reports slowing quarterly sales growth
MADRID (Reuters) -Zara owner Inditex grew its sales by 7% in the first quarter of its fiscal year, it said on Wednesday, in line with..
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Microsoft takes its AI push to customer service call centers
By Stephen Nellis (Reuters) – Microsoft on Tuesday said it will introduce new artificial intelligence tools for customer servic..
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Roaring Kitty’s GameStop options up millions, but cashing in may be tricky
By Saqib Iqbal Ahmed NEW YORK (Reuters) – “Roaring Kitty” Keith Gill, the stock influencer behind the 2021 meme sto..
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Regulators lack resources to tackle greenwashing, says EU watchdog
By Huw Jones LONDON (Reuters) -Market watchdogs across the European Union have punished few instances of “greenwashing” b..
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EU clears 1.75 billion euro compensation for eastern German coal exit
By Riham Alkousaa BERLIN (Reuters) -Germany’s economy ministry said it won the European Commission’s clearance in princip..
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Oil drops more than $1 as OPEC+ decision spotlights shaky demand
By Paul Carsten LONDON (Reuters) -Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later..
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Dollar stands tall as traders mull Fed outlook; focus on ECB
By Amanda Cooper LONDON (Reuters) -The dollar held steady on Monday, as investors warmed to the idea that U.S. inflation may have slo..
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Morning Bid: Markets in upbeat mood as factories hum
By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Share markets have started th..
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OPEC+ extends deep oil production cuts into 2025
By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI (Reuters) -OPEC+ agreed on Sunday to extend most of its deep oil output ..
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London stocks edge higher ahead of ECB rate decision; GSK slumps
By Pranav Kashyap (Reuters) -London stocks rose on Monday, mirroring counterparts in Asia, ahead of the highly anticipated rate cut b..
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Downturn in German manufacturing may be bottoming out, PMI shows
BERLIN (Reuters) – The downturn in Germany’s manufacturing sector, which accounts for about a fifth of Europe’s big..
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Asian factory activity expands in May on robust global demand
By Leika Kihara TOKYO (Reuters) -Asian factory activity expanded in May as manufacturers benefited from broadening global demand, pri..
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What S&P’s ratings downgrade means for France
By Leigh Thomas PARIS (Reuters) -Standard & Poor’s (S&P) decision to downgrade its rating on France’s sovereign d..
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Italian banks must invest more in technology, central bank says
ROME (Reuters) – Technology investments by larger Italian banks lag behind those of their European peers, the central bank said..
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UK supermarket sales set for Euro 2024 fillip, says NIQ
LONDON (Reuters) – The return of some warm weather in May helped drive sales growth at British supermarkets and they are set fo..
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Euro zone inflation rises in fresh signal for ECB caution
By Francesco Canepa FRANKFURT (Reuters) -Euro zone inflation rose in May, data showed on Friday, in a sign the European Central Bank ..
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Pound heads for best monthly gain of 2024 ahead of US inflation
LONDON (Reuters) – The pound headed on Friday for its best monthly performance against the dollar this year, driven by expectat..
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Dell shares slump as heavy AI investments expected to dent margin
(Reuters) -Dell Technologies shares tumbled about 18% on Friday, as the PC and server maker expects sizeable AI investments to dent i..
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Dollar slides after US inflation meets expectations in April
By Hannah Lang and Joice Alves NEW YORK/LONDON (Reuters) – The dollar was lower and on track for its first monthly decline in 2..
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Oil set for weekly loss ahead of OPEC+ meeting
By Nicole Jao NEW YORK (Reuters) -Oil prices fell on Friday and were set for a weekly loss as investors awaited an OPEC+ meeting on S..
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Stocks lose steam after U.S. data
By Sinéad Carew and Huw Jones LONDON (Reuters) -MSCI’s global equities index gave up earlier gains on Friday after data showed ..
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European shares rise after US inflation data keeps Fed rate cut hopes alive
By Shubham Batra and Shashwat Chauhan (Reuters) -European shares rose on Friday after softer U.S. inflation data spurred hopes of int..
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London stocks end higher for third month
By Pranav Kashyap and Purvi Agarwal (Reuters) -London stocks closed higher on Friday, logging a third straight month of gains, as inv..
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Nvidia set to overtake Apple as world’s second-most valuable company
By Medha Singh (Reuters) -Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the biggest be..
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EU approves Italian aid for $5.4 billion STMicro chip plant
By Toby Sterling CATANIA, Italy (Reuters) -The European Commission on Friday approved Italian state aid for STMicroelectronics to bui..
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German retail sales fall more than expected in April
(Reuters) -German retail sales fell more than expected in April, decreasing by 1.2% compared with the previous month, dimming hopes t..
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Renault, Geely create joint venture for hybrid, combustion engines
(Reuters) -French automaker Renault and Chinese partner Geely announced a highly anticipated joint venture on Friday that will develo..
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Investors hold their breath for inflation data
A look at the day ahead in European and global markets from Ankur Banerjee The time for waiting is almost over as inflation reports fr..
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