Headlines

Asian shares subdued, yen hits record low versus euro

Asian shares subdued, yen hits record low versus euro

By Stella Qiu SYDNEY (Reuters) – Asian shares were subdued on Tuesday while the battered yen hit a record low versus the euro, ..

China’s BYD launches third EV model in Japan

China’s BYD launches third EV model in Japan

TOKYO (Reuters) -China’s BYD launched its third electric vehicle in Japan, it said on Tuesday, a sedan that will be its most ex..

London’s FTSE 100 flat; energy, miners lead decline

London’s FTSE 100 flat; energy, miners lead decline

(Reuters) – London’s FTSE 100 was flat on Monday as investors turned cautious ahead of key inflation data in the United S..

Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites

Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites

(Reuters) -British e-commerce firm THG has agreed to sell its portfolio of luxury goods websites to Mike Ashley’s Frasers Group..

Prosus full-year core headline earnings jump 84%

Prosus full-year core headline earnings jump 84%

(Reuters) – Dutch technology investor Prosus core headline earnings jumped 84% in the year to March 31, helped by a strong perf..

Oil eases as strong dollar weighs on commodities markets

Oil eases as strong dollar weighs on commodities markets

By Florence Tan SINGAPORE (Reuters) -Oil prices inched down on Monday as concerns of higher-for-longer interest rates resurfaced and ..

German residential property prices keep falling in Q1

German residential property prices keep falling in Q1

(Adds missing economist name in paragraph 6) BERLIN (Reuters) -German residential property prices continued to fall in the first quar..

UK’s Britvic rejects revised takeover proposal from Carlsberg

UK’s Britvic rejects revised takeover proposal from Carlsberg

(Reuters) – British soft drinks maker Britvic rejected a revised, unsolicited, possible cash offer from Carlsberg Group as the ..

Analysis-Consumer-focused lending under Labour could dent UK bank profits

Analysis-Consumer-focused lending under Labour could dent UK bank profits

By Sinead Cruise and Lawrence White LONDON (Reuters) – Once seen as hostile to banks, Britain’s Labour has courted lender..

Asian shares end the week with a whimper, yen back to intervention watch

Asian shares end the week with a whimper, yen back to intervention watch

By Stella Qiu SYDNEY (Reuters) -Asian shares are ending the week with a whimper after a recent rally to 26-month highs drew profit-ta..

Swiss National Bank presses ahead as rate cutting front-runner

Swiss National Bank presses ahead as rate cutting front-runner

By John Revill ZURICH(Reuters) -The Swiss National Bank cut interest rates on Thursday for the second time running, pointing to easin..

Analysis-UK markets jolted back to life by rate cut hopes, election buzz

Analysis-UK markets jolted back to life by rate cut hopes, election buzz

By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Traders upped bets for a Bank of England rate cut in August, helping to u..

Accenture forecasts 2024 revenue growth above estimates on AI demand

Accenture forecasts 2024 revenue growth above estimates on AI demand

Accenture forecasts 2024 revenue growth above estimates on AI demand (Reuters) -IT services provider Accenture projected annual revenu..

Italy boosts crypto risk oversight and toughens sanctions, draft shows

Italy boosts crypto risk oversight and toughens sanctions, draft shows

ROME (Reuters) – Italy plans to adopt measures to beef up surveillance over risks tied to cryptoassets, including high fines fo..

Morning Bid: Bailey likely to bail on rate change

Morning Bid: Bailey likely to bail on rate change

A look at the day ahead in European and global markets from Ankur Banerjee British inflation may have returned to its 2% target for t..

Credit Suisse collapse showed weakness in regulatory framework: SNB

Credit Suisse collapse showed weakness in regulatory framework: SNB

ZURICH (Reuters) – The collapse of Swiss bank Credit Suisse last year has highlighted weaknesses in the regulatory framework, t..

Asian stocks hold on to gains; BoE in focus

Asian stocks hold on to gains; BoE in focus

By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks took a breather on Thursday, hovering near their highest in two years as t..

UK election pledges fall short of $48 billion health funding gap, think tank says

UK election pledges fall short of $48 billion health funding gap, think tank says

LONDON (Reuters) – Election pledges by Britain’s governing Conservatives and the opposition Labour Party do not set out h..

British review of “politically exposed” bank clients put off until election

British review of “politically exposed” bank clients put off until election

LONDON (Reuters) – Britain’s financial watchdog will wait until after next month’s national election to publish its..

Germany’s working-age population to decline by 2% by 2045, study shows

Germany’s working-age population to decline by 2% by 2045, study shows

BERLIN (Reuters) – Germany will see its working-age population decrease by 2% by 2045, according to a forecast released on Wedn..

UK inflation back to 2% target for first time since 2021

UK inflation back to 2% target for first time since 2021

By David Milliken and Suban Abdulla LONDON (Reuters) -British inflation returned to its 2% target in May for the first time in nearly..

UK’s Berkeley turns to build-to-rent segment; raises earnings view

UK’s Berkeley turns to build-to-rent segment; raises earnings view

(Reuters) -British high-end homebuilder Berkeley lifted its earnings outlook by 5% for fiscal year 2025 on Wednesday and said it woul..

Dollar steadies, sterling eases ahead of inflation data

Dollar steadies, sterling eases ahead of inflation data

By Rae Wee SINGAPORE (Reuters) -The dollar recovered some ground on Wednesday after soft U.S. retail sales data reinforced bets of im..

Exclusive-Ferrari’s first electric car to cost over $500,000, source says

Exclusive-Ferrari’s first electric car to cost over $500,000, source says

By Giulio Piovaccari MILAN (Reuters) – Ferrari’s first electric car will cost at least 500,000 euros ($535,000), a source..

Dollar pares gains after US retail sales miss expectations in May

Dollar pares gains after US retail sales miss expectations in May

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar pared gains against the euro on Tuesday after retail sales data indicated signs o..

European shares advance as French political concerns subside

European shares advance as French political concerns subside

By Shashwat Chauhan, Jesus Calero and Shristi Achar A (Reuters) -European shares closed higher on Tuesday, supported by a slip in gov..

UK grocery inflation edges lower again ahead of election, Kantar says

UK grocery inflation edges lower again ahead of election, Kantar says

By James Davey LONDON (Reuters) – UK grocery inflation fell for a sixteenth month in a row in June, industry data showed on Tue..

German investor morale rises modestly in June, ZEW says

German investor morale rises modestly in June, ZEW says

BERLIN (Reuters) -The recovery in German investor morale tapered off in June, the ZEW economic research institute said on Tuesday, re..

The euro zone’s fragmented banking industry

The euro zone’s fragmented banking industry

By Tommy Reggiori Wilkes and Prinz Magtulis LONDON (Reuters) – Supporters for more consolidation in the euro zone’s banki..

Norway’s Schibsted to cut 250 jobs in cost drive

Norway’s Schibsted to cut 250 jobs in cost drive

OSLO (Reuters) – Norwegian online classified ads group Schibsted will cut around 250 jobs in the Nordic region as part of a res..

YouTube tests context ‘notes’ feature for videos

YouTube tests context ‘notes’ feature for videos

(Reuters) – Alphabet’s YouTube will soon allow users to add ‘notes’ that will provide context on some of its ..

Analysis-Global central banks recalibrate as the big policy easing of 2024 fizzles

Analysis-Global central banks recalibrate as the big policy easing of 2024 fizzles

By Howard Schneider and Francesco Canepa WASHINGTON (Reuters) – Six months ago the world’s major central banks were prime..

Addressing Expense Fraud: A Vital Concern for Businesses Amidst Economic Strain in the UK

Addressing Expense Fraud: A Vital Concern for Businesses Amidst Economic Strain in the UK

The ongoing economic challenges in the UK have significantly impacted families nationwide, forcing individuals and businesses to cope..

Analysis-French election worries rekindle market memories of UK budget rout

Analysis-French election worries rekindle market memories of UK budget rout

By Yoruk Bahceli and Dhara Ranasinghe (Reuters) – As the far right and leftist parties gain momentum ahead of France’s su..

Wall St dips and gold surges, capping a tumultuous week

Wall St dips and gold surges, capping a tumultuous week

By Stephen Culp NEW YORK (Reuters) -U.S. stocks dipped and gold surged on Friday at the conclusion of a week fraught with the apparen..

Election concerns in France give euro worst week in two months

Election concerns in France give euro worst week in two months

By Karen Brettell (Reuters) -The euro was on track for its biggest weekly fall against the dollar in two months on Friday on concer..

G7 vows to drop fossil fuels faster, but activists unimpressed

G7 vows to drop fossil fuels faster, but activists unimpressed

By Crispian Balmer BORGO EGNAZIA, Italy (Reuters) -Leaders of the Group of Seven developed democracies will commit to accelerating th..