Headlines

OPEC+ extends deep oil production cuts into 2025

OPEC+ extends deep oil production cuts into 2025

By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI (Reuters) -OPEC+ agree..

London stocks edge higher ahead of ECB rate decision; GSK slumps

London stocks edge higher ahead of ECB rate decision; GSK slumps

By Pranav Kashyap (Reuters) -London stocks rose on Monday, mirroring counterparts i..

Downturn in German manufacturing may be bottoming out, PMI shows

Downturn in German manufacturing may be bottoming out, PMI shows

BERLIN (Reuters) – The downturn in Germany’s manufacturing sector, whic..

Asian factory activity expands in May on robust global demand

Asian factory activity expands in May on robust global demand

By Leika Kihara TOKYO (Reuters) -Asian factory activity expanded in May as manufact..

What S&P’s ratings downgrade means for France

What S&P’s ratings downgrade means for France

By Leigh Thomas PARIS (Reuters) -Standard & Poor’s (S&P) decision to ..

Italian banks must invest more in technology, central bank says

Italian banks must invest more in technology, central bank says

ROME (Reuters) – Technology investments by larger Italian banks lag behind th..

UK supermarket sales set for Euro 2024 fillip, says NIQ

UK supermarket sales set for Euro 2024 fillip, says NIQ

LONDON (Reuters) – The return of some warm weather in May helped drive sales ..

Euro zone inflation rises in fresh signal for ECB caution

Euro zone inflation rises in fresh signal for ECB caution

By Francesco Canepa FRANKFURT (Reuters) -Euro zone inflation rose in May, data show..

Pound heads for best monthly gain of 2024 ahead of US inflation

Pound heads for best monthly gain of 2024 ahead of US inflation

LONDON (Reuters) – The pound headed on Friday for its best monthly performanc..

Dell shares slump as heavy AI investments expected to dent margin

Dell shares slump as heavy AI investments expected to dent margin

(Reuters) -Dell Technologies shares tumbled about 18% on Friday, as the PC and serv..

Dollar slides after US inflation meets expectations in April

Dollar slides after US inflation meets expectations in April

By Hannah Lang and Joice Alves NEW YORK/LONDON (Reuters) – The dollar was low..

Oil set for weekly loss ahead of OPEC+ meeting

Oil set for weekly loss ahead of OPEC+ meeting

By Nicole Jao NEW YORK (Reuters) -Oil prices fell on Friday and were set for a week..

Stocks lose steam after U.S. data

Stocks lose steam after U.S. data

By Sinéad Carew and Huw Jones LONDON (Reuters) -MSCI’s global equities index ..

European shares rise after US inflation data keeps Fed rate cut hopes alive

European shares rise after US inflation data keeps Fed rate cut hopes alive

By Shubham Batra and Shashwat Chauhan (Reuters) -European shares rose on Friday aft..

London stocks end higher for third month

London stocks end higher for third month

By Pranav Kashyap and Purvi Agarwal (Reuters) -London stocks closed higher on Frida..

Nvidia set to overtake Apple as world’s second-most valuable company

Nvidia set to overtake Apple as world’s second-most valuable company

By Medha Singh (Reuters) -Nvidia could soon surpass Apple to become the world’..

EU approves Italian aid for $5.4 billion STMicro chip plant

EU approves Italian aid for $5.4 billion STMicro chip plant

By Toby Sterling CATANIA, Italy (Reuters) -The European Commission on Friday approv..

German retail sales fall more than expected in April

German retail sales fall more than expected in April

(Reuters) -German retail sales fell more than expected in April, decreasing by 1.2%..

Renault, Geely create joint venture for hybrid, combustion engines

Renault, Geely create joint venture for hybrid, combustion engines

(Reuters) -French automaker Renault and Chinese partner Geely announced a highly an..

Investors hold their breath for inflation data

Investors hold their breath for inflation data

A look at the day ahead in European and global markets from Ankur Banerjee The time ..

Analysis-Aircraft shortages turn into cash bonanza for some airlines

Analysis-Aircraft shortages turn into cash bonanza for some airlines

By Rajesh Kumar Singh CHICAGO (Reuters) – Aircraft shortages are turning into ..

India cenbank moves 100 tons of gold from UK to domestic vaults, TOI reports

India cenbank moves 100 tons of gold from UK to domestic vaults, TOI reports

BENGALURU (Reuters) – India’s central bank has moved a little more than..

Stocks regain some ground, bonds steady after rate angst sell-off

Stocks regain some ground, bonds steady after rate angst sell-off

By Samuel Indyk and Rae Wee LONDON (Reuters) -European stocks edged higher on Thurs..

Britain’s creaking power grid leaves green energy revolution adrift

Britain’s creaking power grid leaves green energy revolution adrift

By Paul Sandle and Kate Holton PORTSMOUTH, England (Reuters) – British ferry ..

Battle over power pylons highlights Britain’s net zero challenge

Battle over power pylons highlights Britain’s net zero challenge

By Elizabeth Piper WAVENEY VALLEY, England (Reuters) – Dot Matthie says she f..

Dollar trades around two-week high as U.S. bond yields surge

Dollar trades around two-week high as U.S. bond yields surge

(Corrects days of 0.5% falls in paragraphs four and 11 to Wednesday, from Tuesday) ..

Birkenstock raises annual revenue forecast on strong footwear demand

Birkenstock raises annual revenue forecast on strong footwear demand

(Reuters) – Birkenstock raised its annual revenue forecast on Thursday, as the..

Italy April jobless rate falls to 6.9%, lowest since 2008

Italy April jobless rate falls to 6.9%, lowest since 2008

ROME (Reuters) – Italy’s unemployment rate declined to 6.9% in April fro..

Brookfield enters deal to buy France’s Neoen for $6.6 billion

Brookfield enters deal to buy France’s Neoen for $6.6 billion

(Reuters) -Canada’s Brookfield said on Thursday that it, together with Brookf..

Sneaker maker Golden Goose aims to list in Milan in June

Sneaker maker Golden Goose aims to list in Milan in June

MILAN (Reuters) – Italian luxury sneaker brand Golden Goose said on Thursday ..

Airline SAS posts bigger Q2 loss, eyes end to restructuring

Airline SAS posts bigger Q2 loss, eyes end to restructuring

(Reuters) – Scandinavian airline SAS posted a bigger pretax loss for its fisc..

German inflation higher than expected ahead of ECB rates decision

German inflation higher than expected ahead of ECB rates decision

By Rachel More BERLIN (Reuters) -German inflation rose slightly more than forecast t..

Global unemployment to slightly fall in 2024, UN labour body says

Global unemployment to slightly fall in 2024, UN labour body says

By Matteo Allievi (Reuters) -The global unemployment rate is expected to fall sligh..

China’s Geely to launch hybrids with more fuel-efficient engines

China’s Geely to launch hybrids with more fuel-efficient engines

SHANGHAI (Reuters) – China’s Geely Holding Group on Wednesday said it w..

German consumer sentiment recovers further heading into June

German consumer sentiment recovers further heading into June

BERLIN (Reuters) – German consumer sentiment improved for the fourth month in..

Uber to offer Seine cruises, day trips in Paris during Olympics rush

Uber to offer Seine cruises, day trips in Paris during Olympics rush

The ride-hailing platform will offer its “Uber Cruises” free of charge..

BYD unveils new hybrid tech as battle with gasoline rivals heats up

BYD unveils new hybrid tech as battle with gasoline rivals heats up

SHANGHAI (Reuters) -China’s BYD launched on Tuesday the latest version of a p..