Microsoft to invest $7.16 billion in new data centres in northeastern Spain
MADRID (Reuters) – Microsoft plans to invest 6.69 billion euros ($7.16 billion) to develop new data centres in Spain’s no..
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Exclusive-Vodafone looks to sell $2.3 billion stake in India’s Indus Towers, sources say
By M. Sriram MUMBAI (Reuters) – Vodafone Group is looking to sell its entire $2.3 billion stake in India’s Indus Towers t..
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Swedish May inflation above forecast but more rate cuts expected
By Simon Johnson STOCKHOLM (Reuters) – The pace of Swedish inflation was higher than expected in May, data showed on Friday, bu..
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UK’s Crest Nicholson says Bellway’s revised proposal undervalues group
(Reuters) – British homebuilder Crest Nicholson said on Friday it rejected a 650 million pound ($828.04 million) revised unsoli..
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Yen falls after dovish BOJ; euro limps towards weekly loss
By Rae Wee SINGAPORE (Reuters) -The yen fell to an over one-month low on Friday after the Bank of Japan (BOJ) stood pat on rates and ..
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Amazon adds $230 million in cloud credits to AI startups
By Krystal Hu (Reuters) – Amazon said it is investing $230 million in the form of Amazon Web Service (AWS) credits in artificia..
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Musk says Tesla shareholders voting yes for his $56 billion pay package
By Hyunjoo Jin, Abinaya V and Greg Roumeliotis (Reuters) -Tesla shareholders are voting to approve a $56 billion pay package for Elon..
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Exclusive-Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say
By Florence Tan, Jonathan Saul and Yantoultra Ngui SINGAPORE/LONDON (Reuters) -Singapore’s Temasek Holdings is finalising the s..
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Czech billionaire bets on lotteries for growth
By Michael Kahn PRAGUE (Reuters) – A Czech billionaire who turned a regional energy company into a global business empire after..
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Oil slips on US growth worries, ample crude supply
By Georgina McCartney (Reuters) – Oil prices fell in early trade on Thursday, as investors digested that the U.S. Federal Reser..
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UK housing market falters as rate cut hopes fade, RICS survey shows
By Andy Bruce (Reuters) – Britain’s housing market lost momentum in May as the prospect of imminent rate cuts by the Bank..
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German government plans supplementary budget for 2024, Bild says
BERLIN (Reuters) – The German government is planning a supplementary budget for the current year with up to 11 billion euros ($..
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Virgin Galactic announces reverse stock split
(Reuters) -Space tourism company Virgin Galactic announced a 1-for-20 reverse stock split on Wednesday, sending its shares down 19% i..
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Gold rush to endure through 2024 though $3,000 mark may prove elusive
By Brijesh Patel and Ashitha Shivaprasad SINGAPORE (Reuters) – Gold’s lightning rally to successive record highs shows ev..
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French renewable energy sector says far-right victory risks trouble for industry
By Forrest Crellin and Benjamin Mallet PARIS (Reuters) – The French renewable energy sector is bracing for a sharp slowdown in ..
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Wall St rallies, dollar drops after cooler US inflation; Fed in the wings
By Stephen Culp NEW YORK (Reuters) -U.S. stocks rallied and the dollar sank as cooler-than-expected inflation data fueled rate cut op..
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Germany’s May inflation rises 2.8% on higher services prices
By Maria Martinez BERLIN (Reuters) -German inflation rose in May due to higher services prices, the federal statistics office said on..
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UK economy shows no growth in April – ONS
(Reuters) -A swift rebound in Britain’s economy in early 2024 came to a halt in April, driven by sharp declines in industrial a..
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Exclusive-Capital Group shakes up strategy to hit $4 trillion by 2031
By Iain Withers LONDON (Reuters) – Capital Group aims to grow its fixed income business, accelerate overseas expansion and dive..
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Dollar calm ahead of inflation test, Fed decision
TOKYO (Reuters) – The dollar steadied on Wednesday after hitting a four-week high against peer currencies overnight as market p..
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Oil climbs on optimistic demand outlook
By Emily Chow SINGAPORE (Reuters) -Oil prices ticked higher on Wednesday amid upbeat global demand views from the U.S. Energy Informa..
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Johnson & Johnson reaches $700 million talc settlement with US states
By Jonathan Stempel NEW YORK (Reuters) – Johnson & Johnson has agreed to pay $700 million to settle an investigation by 42 ..
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How Apple used Google’s help to train its AI models
By Max A. Cherney SAN FRANCISCO (Reuters) – On stage on Monday CEO Tim Cook’s Apple announced a splashy deal with OpenAI ..
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NASA, Boeing push back Starliner’s crewed return to June 18
By Joey Roulette WASHINGTON (Reuters) – NASA and Boeing said they expect to bring Starliner and its first astronaut crew back t..
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World Bank says global growth stabilizing but well below pre-pandemic levels
By David Lawder WASHINGTON (Reuters) – The World Bank on Tuesday said the U.S. economy’s stronger-than-expected performan..
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Euro, French bonds and stocks struggle on election uncertainty
By Alun John and Wayne Cole LONDON/SYDNEY (Reuters) -French bonds fell sharply for a second day on Tuesday as did European stocks and..
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Apple’s AI push could reinvigorate iPhone sales as customers look to upgrade
By Jeffrey Dastin and Aditya Soni SAN FRANCISCO (Reuters) -Apple’s developer conference on Monday was about more than infusing ..
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European shares steady after French political tremors, eyes on Fed
By Shristi Achar A (Reuters) -European shares were rangebound on Tuesday following losses in the previous session on political uncert..
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French investor Layani wins bid for last-minute Atos restructuring
By Tassilo Hummel PARIS (Reuters) -French tech group Atos has picked an offer to restructure its debt led by anchor investor David La..
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Golden Goose targets $2 billion market cap in Milan IPO
MILAN (Reuters) – Golden Goose is aiming for a market capitalization of up to 1.86 billion euros ($2 billion) in its initial pu..
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HSBC adds over 300 to China headcount after Citi wealth acquisition
HONG KONG (Reuters) – HSBC said on Tuesday it had boosted its headcount in China by more than 300, as the Asia-focused lender c..
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Spain’s Criteria drops takeover plan for Naturgy with Abu Dhabi’s TAQA
By Jesús Aguado and Pietro Lombardi MADRID (Reuters) -Spanish holding firm Criteria said on Monday it had not reached an agreement wi..
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Macron’s shock election call rocks euro and French markets
By Dhara Ranasinghe and Amanda Cooper LONDON/SINGAPORE (Reuters) -The euro fell while French stocks and bonds tumbled on Monday, foll..
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AI is sole focus at Apple’s annual conference
By Aditya Soni and Stephen Nellis (Reuters) – Apple is expected to showcase how it is integrating artificial intelligence acros..
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Tesla turns to Musk’s small shareholder fans to back $56 billion payday
By Ross Kerber (Reuters) – With major Tesla shareholders appearing divided over whether to endorse Elon Musk’s $56 billio..
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Nokia CEO makes world’s first ‘immersive’ phone call
By Supantha Mukherjee STOCKHOLM (Reuters) – Nokia CEO Pekka Lundmark made a phone call using a new technology called “imm..
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Exclusive-BP tightens workplace relationships policy after Looney dismissal
By Sarah McFarlane, Ron Bousso and Dmitry Zhdannikov LONDON (Reuters) – BP employees must disclose any intimate relationships w..
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