Shares flat, US Treasury yields weaken as markets weigh Fed chair comments
By Chibuike Oguh NEW YORK (Reuters) -Global stocks were flat while U.S. Treasury yields dipped on Tuesday as markets weighed data sho..
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Factbox-Battles over CEO pay across the globe
(Reuters) -A majority of Salesforce shareholders voted against a compensation plan for CEO Marc Benioff and other top executives, acc..
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UK’s Sainsbury’s sales up 3%, poor weather dents non-food demand
By James Davey LONDON (Reuters) -Sainsbury’s, Britain’s second-largest supermarket group, reported a 3% rise in first-qua..
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Sterling dented by one-two punch from dollar and euro
LONDON (Reuters) – The pound neared its lowest in almost two months against a robust dollar on Tuesday, as the U.S. currency go..
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US Treasury yields boost dollar, Powell speech in focus
By Amanda Cooper and Stefano Rebaudo (Reuters) -Rising U.S. yields supported the dollar on Tuesday, with low-yielding currencies such..
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Shell to pause Dutch biofuels project as market sags
By Ron Bousso LONDON (Reuters) -Shell will pause construction work at one of Europe’s largest biofuel plants due to weak market..
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Qatar Airways posts 39% jump in annual profit to record $1.67 billion
DUBAI (Reuters) – Qatar Airways posted a 39% jump in annual net profit to a record 6.1 billion Qatari riyals ($1.67 billion) on..
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German industry turns to solar in race to cut energy costs
By Riham Alkousaa BERLIN (Reuters) – For months, Philip Matthias tried to convince his father to install solar panels on their ..
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UK’s Sainsbury’s says weak non-food weighs on quarterly sales growth
LONDON (Reuters) -Sainsbury’s, Britain’s second largest supermarket group, kept its annual financial guidance as it repor..
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French catering group Sodexo lags Q3 sales expectations
(Reuters) – French food caterer Sodexo reported slightly lower than expected third-quarter sales on Tuesday, citing a change in..
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Global factory activity has mixed performance in June, PMIs show
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Manufacturing activity in Europe suffered a setback last month but Asian f..
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Euro rallies as French far right faces tricky path to majority
By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) -The euro jumped on Monday after a convincing and historic win by the Frenc..
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European stocks rally after first round of French vote
(Reuters) – European stocks rallied on Monday, with French shares leading the way after the far-right National Rally (RN) party..
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Sanofi eyes investment of up to $1.6 billion in Germany, Handelsblatt says
FRANKFURT (Reuters) – French drugmaker Sanofi is nearing a decision to invest between 1.3 billion euros and 1.5 billion euros (..
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Exclusive-Boeing agrees to buy Spirit Aero for $4.7 billion, sources say
By Mike Stone and Allison Lampert WASHINGTON (Reuters) -Boeing agreed on Sunday to acquire Spirit AeroSystems for more than $4 billio..
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Asia shares eye five-month winning streak; yen slumps
By Rae Wee SINGAPORE (Reuters) – Asian stocks are headed for a fifth straight month of gains on Friday, bolstered by the growin..
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Stocks inch lower as semiconductor shares ease; yen up vs dollar
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes edged lower in choppy trading Thursday as Micron Technology shares ..
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Global carbon removal market could reach $100 billion/yr from 2030-35, report says
By Susanna Twidale LONDON (Reuters) – The global market for carbon dioxide (CO2) removal credits could reach up to $100 billion..
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US dollar retreats after weak economic data; yen gets minor relief
By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) -The yen edged up from a 38-year low against the U.S. dolla..
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Chinese-owned chipmaker Nexperia invests $200 million in European expansion
By Toby Sterling AMSTERDAM/HAMBURG (Reuters) – Nexperia, one of the world’s largest makers of basic semiconductors such a..
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UBS’s new wealth management co-leaders announce reshuffle
By Noele Illien and Oliver Hirt ZURICH (Reuters) – UBS is making changes to its wealth management arm, the division’s new..
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UK retailer Halfords posts lower annual profit
(Reuters) -British bicycle and car products retailer Halfords Group reported a fall in annual profit on Thursday as footfall across i..
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Nokia sells submarine networks business ASN to French state
COPENHAGEN (Reuters) – Nokia on Thursday said it had agreed to sell its submarine networks business ASN to the French state for..
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BP halts hiring, slows renewables roll-out to win over investors
By Ron Bousso LONDON (Reuters) – BP’s new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind..
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SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports
(Reuters) – Japanese technology investor SoftBank Group Corp’s Vision Fund 2 is investing between $10 million and $20 mil..
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Dollar hits 38-year high vs yen; stocks mostly ease
By Caroline Valetkevitch NEW YORK (Reuters) -The dollar hit a fresh 38-year high against the Japanese yen on Wednesday, with investor..
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Euro zone yields edge up before inflation data, caution over France
By Stefano Rebaudo (Reuters) -Euro zone government bond yields rose on Wednesday as investors awaited inflation data from the Unite..
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Yen tumbles to 38-year low vs dollar as likely Japan intervention looms
By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LONDON (Reuters) – The yen dropped to its lowest against the U.S. do..
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UK retail sales go into reverse this month, CBI survey shows
(Reuters) -British retail sales softened this month after a recovery in May, and stores expect another drop next month, an industry s..
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Aussie dollar jumps on inflation spike, while yen stays under pressure
By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) -The Australian dollar rallied after a surprise jump in inflation on ..
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Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say
By Amy-Jo Crowley and Abigail Summerville LONDON (Reuters) – U.S. meal delivery group Doordash flagged an interest in a takeove..
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Miner BHP’s carbon emissions to rise slightly this year
By Melanie Burton MELBOURNE (Reuters) -BHP Group’s operational carbon emissions are set for a “small increase” this..
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Analysis-France may be next test of the euro’s foundations
By Francesco Canepa and Leigh Thomas FRANKFURT/PARIS (Reuters) – “Because it’s France” was how Jean-Claude Ju..
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Oil ticks up on inventory drawdown outlook, Middle East risks
SINGAPORE (Reuters) -Oil prices inched up during Asian trade on Wednesday despite a surprise jump in U.S. stockpiles, driven by geopo..
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Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify
(Reuters) – Covestro, the German chemicals maker in talks to be acquired by ADNOC, on Tuesday launched an efficiency programme ..
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Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows
TOKYO (Reuters) – Toyota sold $2 billion worth of cross shareholdings of listed companies in the year that just ended, the Japa..
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Oil prices steady as inflation worries limit summer demand optimism
By Emily Chow SINGAPORE (Reuters) – Oil prices were little changed on Tuesday after rising in the previous session as investors..
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