Dollar softens, yen set for weekly fall as US recession worries fade
By Laura Matthews NEW YORK (Reuters) -The dollar fell against the yen on Friday, and was softer against other peer currencies after di..
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Morning Bid: With US economy humming, a quarter point will do
A look at the day ahead in U.S. and global markets from Mike Dolan The U.S. economy is doing just fine and markets now accept a quarte..
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STOXX 600 set for best week in more than 3 months on US rate cut hopes
(Reuters) – European shares opened higher for the fourth straight session on Friday as upbeat risk sentiment prevailed ac..
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COFFEE, PLANET & US 2024: Advancing Sustainability in the Coffee Industry
KUALA LUMPUR, MALAYSIA – 14 August 2024 – Coffex Coffee Malaysia is pleased to announce the successful conclusion of the Coffee, Plane..
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WHO confirms first case of new mpox strain outside Africa as outbreak spreads
By Anna Ringstrom and Julie Steenhuysen STOCKHOLM/CHICAGO (Reuters) – Global health officials on Thursday confirmed an in..
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Japanese stocks head for best week in 4 years as fading growth fears lift markets
By Rae Wee SINGAPORE (Reuters) -Asia shares were headed for a weekly gain on Friday and Japan’s benchmark Nikkei was pois..
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Stocks gain, Treasury yields jump as US retail data reassures
By Koh Gui Qing and Naomi Rovnick NEW YORK/LONDON (Reuters) -World stocks rose on Thursday and Treasury yields spiked after sur..
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Rallying-World rally championship promoter explores $550 million sale, sources say
By Amy-Jo Crowley and Alexander Hübner LONDON (Reuters) – The owners of the World Rally Championship’s commercial a..
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Google launches enhanced Pixel phones in bid to leverage AI tech
By Kenrick Cai and Max A. Cherney MOUNTAIN VIEW, California – Alphabet’s Google on Tuesday unveiled a lineup of new Pixel ..
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Morning Bid: US clears inflation decks, NZ cut surprises
A look at the day ahead in U.S. and global markets from Mike Dolan Feeding off impressive disinflation and a growing list of central b..
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Aviva tops earning forecasts on home, motor insurance price rises
By Carolyn Cohn LONDON (Reuters) -British insurer Aviva beat first-half profit expectations following a rise in general insuran..
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German property bank PBB’s profit plunges as US office loans sour
By Tom Sims and Alexander Hübner FRANKFURT (Reuters) -Deutsche Pfandbriefbank (PBB), one of Germany’s top property financ..
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Top VW investor Porsche SE eyes further investments
FRANKFURT (Reuters) -Porsche SE, the controlling shareholder in German automaker Volkswagen, is financially in a position to co..
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Leasing model behind Europe’s EV drive at risk of breakdown
By Nick Carey LONDON (Reuters) – Low resale values for electric cars have pushed the leasing firms that drive Europe̵..
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Pfizer’s RSV vaccine shows benefit in immuno-compromised adults in study
(Reuters) – Pfizer said on Monday its respiratory syncytial virus (RSV) vaccine Abrysvo generated a strong immune respons..
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Citigroup’s head of digital assets for markets unit departs, memo says
NEW YORK (Reuters) – Citigroup’s head of digital assets for its markets unit, Shobhit Maini, is leaving the bank af..
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Turkish gold demand lifts Italian jewellery exports as leather goods suffer
MILAN (Reuters) – A surge in demand for gold from inflation-stricken Turkey boosted exports of jewellery from Italy’s indu..
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European shares muted as investors brace for data-packed week
By Pranav Kashyap and Ankika Biswas (Reuters) -gtgEurope’s benchmark stock index was subdued on Monday, erasing early gains, wit..
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Oil rises for fifth straight session on Mideast tensions and US data
By Laila Kearney NEW YORK (Reuters) -Oil prices were up by more than $1 a barrel on Monday, rising for a fifth consecutive session on ..
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Global stocks tick up while yen slips in calm before U.S. data
By Harry Robertson and Koh Gui Qing NEW YORK/LONDON (Reuters) -World stocks edged higher on Monday while the yen slipped as a holiday ..
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India’s Bharti Enterprises to buy Altice UK’s stake in BT Group
(Reuters) – India’s Bharti Enterprises said on Monday it has agreed to buy an around 24.5% stake in BT Group from t..
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Morning Bid: Markets shift to holiday mood
A look at the day ahead in European and global markets from Wayne Cole It’s been a blessedly quiet start to the week in A..
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Shell, PetroChina to expand Surat coal seam gas project in Australia
(Reuters) -Shell and PetroChina have decided to expand the Surat coal seam gas project (SGP) in Queensland, the British oil and..
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Yen slips, markets brace for US inflation data
By Vidya Ranganathan SINGAPORE (Reuters) – The yen was a tad softer against the dollar in trading thinned by a Japanese h..
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Oil holds on to last week’s gains buoyed by Mideast tensions, economic data
By Colleen Howe BEIJING (Reuters) – Oil prices were little changed in early Asian trading on Monday, holding on to most of last ..
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French 2024 wine production seen falling after wet weather
By Sybille de La Hamaide PARIS (Reuters) – Wine output in France, the world largest producer, is set to fall sharply this year a..
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Stocks recoup most of week’s sell-off as nerves steady
By Huw Jones LONDON (Reuters) -Global shares extended gains on Friday to erase nearly all of their losses from a big sell-off earlier ..
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Dollar steady on US jobs relief as yen heads for first weekly drop in six
By Kevin Buckland and Sruthi Shankar TOKYO (Reuters) -The dollar was close to a one-week high against other major currencies on Friday..
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Factbox-Who is Tan Su Shan, Singapore bank DBS’s incoming CEO?
By Roushni Nair and Yantoultra Ngui SINGAPORE (Reuters) – Singapore’s DBS Group has appointed Tan Su Shan, currently its i..
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Dollar gains after US jobless claims fall more than expected
By Hannah Lang NEW YORK (Reuters) – The dollar rose on Thursday after new U.S. labor market data showed that unemployment benefi..
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Global stock index rises with dollar, yields as data calms nerves
By Sinéad Carew and Harry Robertson NEW YORK/LONDON (Reuters) -A closely followed global equities index jumped more than 1% on Thursda..
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Glencore to keep coal assets and stick with London listing
By Felix Njini and Pratima Desai JOHANNESBURG/LONDON (Reuters) -Glencore will keep its coal business after securing backing from a maj..
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Supermarket group Ahold Delhaize posts Q2 margin beat
By Stephanie Hamel and Charlotte Eugenie Yvette Bawol (Reuters) -Supermarket group Ahold Delhaize beat second-quarter core prof..
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Bottler Coca-Cola HBC raises 2024 revenue and operating profit forecasts
(Reuters) – Bottler Coca-Cola HBC boosted its annual operating profit and revenue forecast on Wednesday, as the Swiss group post..
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Siemens Energy raises free cash flow outlook after solid Q3
FRANKFURT (Reuters) -Siemens Energy on Wednesday raised its free cash flow outlook for the second time in three months, citing ..
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Vans-parent VF Corp posts smaller Q1 revenue drop than expected, on better China demand
(Reuters) -VF Corp reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its Chin..
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Unwind of massive yen-funded carry has room to go, analysts say
NEW YORK (Reuters) – An epic unwinding of the yen-funded carry trade that has reverberated through global markets may have furth..
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