Morning Bid: Global risk rally hinges on payrolls
A look at the day ahead in European and global markets from Rae Wee Closely watched U.S. nonfarm payrolls data on Friday marks the fi..
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Netflix tests biggest TV app redesign in 10 years
By Lisa Richwine LOS ANGELES (Reuters) – Netflix started rolling out the first major revamp of its television app in a decade o..
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ECB delivers its first rate cut in five years
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank went ahead with its first interest rate cut sin..
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Equals Money announces innovative new “Banking-as-a-Service” product
Businesses will be empowered to offer digital payment and card solutions by leveraging the Equals Money infrastructure, opening new r..
Finance
Sterling ticks lower as wage growth expectations ease
LONDON (Reuters) – The pound softened versus the euro on Thursday ahead of a European Central Bank meeting and after data showe..
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World leaders, veterans, commemorate D-Day’s 80th anniversary in Normandy
By Elizabeth Pineau, John Irish and Jeff Mason VER-SUR-MER, France (Reuters) -Moving letters from veterans were read out as ceremonie..
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French jet engine maker Safran gets Italy’s clearance to buy Microtecnica
By Olivier Sorgho (Reuters) – French jet engine maker and defence company Safran said on Thursday it had received clearance fro..
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Salesforce to open first AI centre in London
LONDON (Reuters) – Salesforce has picked London for its first AI centre, where it said industry experts, developers and custome..
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Trafigura’s first-half net profit falls in calmer market
By Natalie Grover LONDON (Reuters) – Trading house Trafigura posted a more than 74% drop in net profit in the first half of its..
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German industrial orders unexpectedly fall in April
(Reuters) – German industrial orders unexpectedly fell in April, marking the fourth month in a row of decreases, due to a signi..
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UK services firms report slower growth and weaker inflation, PMI shows
By David Milliken LONDON (Reuters) – Growth among Britain’s services businesses eased in May from April’s 11-month ..
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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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