Headlines

Telefonica tops forecast with 79% surge in Q1 profit

Telefonica tops forecast with 79% surge in Q1 profit

By Inti Landauro MADRID (Reuters) – Spain’s Telefonica beat forecasts w..

Brembo Q1 operating profit rises on record sales

Brembo Q1 operating profit rises on record sales

(Reuters) – Italian premium brake maker Brembo posted on Thursday an 8.5% yea..

Stocks stall near record highs, pound poised for BoE

Stocks stall near record highs, pound poised for BoE

By Marc Jones LONDON (Reuters) – World stocks were taking a well-earned breat..

Spain’s BBVA turns hostile with $13 billion takeover bid for Sabadell

Spain’s BBVA turns hostile with $13 billion takeover bid for Sabadell

By Jesús Aguado MADRID (Reuters) -Spanish bank BBVA presented a 12.23 billion euro ..

ITV forecasts 12% jump in Q2 ad revenue on Euros demand

ITV forecasts 12% jump in Q2 ad revenue on Euros demand

LONDON (Reuters) – Britain’s ITV said its advertising revenue would jum..

Headlines

TIM CEO sees potential benefits of almost 5 billion euros from new business plan – paper

TIM CEO sees potential benefits of almost 5 billion euros from new business plan – paper

ROME (Reuters) – The CEO of Telecom Italia (TIM) said in an interview on Thursday he sees pot..

Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey

Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey

By Brijesh Patel (Reuters) – The platinum market faces its largest supply shor..

FTSE 100 hits record high, pound slips ahead of BoE verdict

FTSE 100 hits record high, pound slips ahead of BoE verdict

By Pranav Kashyap, Shubham Batra and Khushi Singh (Reuters) -The UK’s FTSE 10..

Puma upbeat on growing demand, shares jump

Puma upbeat on growing demand, shares jump

By Linda Pasquini and Helen Reid (Reuters) -A return to growth in the Americas help..

Uber shares tumble as weaker ride-share demand hurts Q2 forecast

Uber shares tumble as weaker ride-share demand hurts Q2 forecast

By Yuvraj Malik (Reuters) -Uber posted a surprise quarterly loss and forecast gross..

Oil prices rise after US crude stocks fall more than expected

Oil prices rise after US crude stocks fall more than expected

By Nicole Jao NEW YORK (Reuters) -Oil prices edged higher on Wednesday after U.S. o..

Olympics-Flame arrives in Marseille amid tight security

Olympics-Flame arrives in Marseille amid tight security

By Clotaire Achi and Julien Pretot MARSEILLE, France (Reuters) – The Olympic ..

UK tells tech firms to ‘tame algorithms’ to protect children

UK tells tech firms to ‘tame algorithms’ to protect children

By Paul Sandle LONDON (Reuters) – Social media platforms like Facebook, Insta..

British pub group JD Wetherspoon expects profit at upper end of market forecast

British pub group JD Wetherspoon expects profit at upper end of market forecast

(Reuters) – British pub group J D Wetherspoon on Wednesday forecast its profi..

Alstom to ask shareholders for $1 billion in rights issue to slash debt

Alstom to ask shareholders for $1 billion in rights issue to slash debt

(Reuters) – French train maker Alstom on Wednesday said it would ask sharehol..

Munich Re Q1 net profit up 68%, in line with preliminary figures

Munich Re Q1 net profit up 68%, in line with preliminary figures

FRANKFURT (Reuters) – The German reinsurer Munich Re on Wednesday posted a 68..

Exclusive-Amazon breaks into Europe 5G networks with Telefonica cloud deal

Exclusive-Amazon breaks into Europe 5G networks with Telefonica cloud deal

By Supantha Mukherjee STOCKHOLM (Reuters) – Telefonica Germany will move one ..

Stocks rally anew on US rate cut hopes; dollar steady

Stocks rally anew on US rate cut hopes; dollar steady

By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global shares traded c..

Meta to expand AI image generation offerings for ads

Meta to expand AI image generation offerings for ads

NEW YORK (Reuters) – Meta Platforms, the parent company of Facebook and Insta..

UK’s FTSE 100 notches record closing high in broad rally

UK’s FTSE 100 notches record closing high in broad rally

By Shubham Batra, Pranav Kashyap and Medha Singh (Reuters) -The UK’s FTSE 100..

Race for Europe’s first ‘real-time’ stock trade tape heats up

Race for Europe’s first ‘real-time’ stock trade tape heats up

By Huw Jones LONDON (Reuters) – Banks and asset managers are vying with Eur..

US dollar edges lower but up against yen, Aussie

US dollar edges lower but up against yen, Aussie

By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar slipped on Tuesday ..

Apple unveils new AI-focused chip in upgraded iPad Pro

Apple unveils new AI-focused chip in upgraded iPad Pro

By Stephen Nellis (Reuters) -Apple unveiled its latest iPad Pro on Tuesday with a..

‘Livestream’ shopping thwarts some high-tech tools to stop fake merch

‘Livestream’ shopping thwarts some high-tech tools to stop fake merch

By Arriana McLymore NEW YORK (Reuters) – Livestream shopping where buyers and ..

Headlines

UK construction growth hits 14-month high in April, PMI survey shows

UK construction growth hits 14-month high in April, PMI survey shows

(Reuters) – British construction companies enjoyed their fastest expansion in more than a yea..

UBS shares soar as profit smashes forecasts, share buyback plans affirmed

UBS shares soar as profit smashes forecasts, share buyback plans affirmed

By Noele Illien ZURICH (Reuters) – UBS on Tuesday reported first-quarter prof..

Saudi Aramco maintains $31 billion dividend despite lower Q1 net income

Saudi Aramco maintains $31 billion dividend despite lower Q1 net income

By Hadeel Al Sayegh DUBAI (Reuters) -Saudi Arabian state-owned oil giant Aramco exp..

People with two copies of a risk gene have genetic form of Alzheimer’s, scientists say

People with two copies of a risk gene have genetic form of Alzheimer’s, scientists say

By Julie Steenhuysen CHICAGO (Reuters) -People who carry two copies of the APOE4 ge..

European shares close at highest in a week; Indra surges

European shares close at highest in a week; Indra surges

By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed at their hi..

Microsoft readies new AI model to compete with Google, OpenAI, The Information reports

Microsoft readies new AI model to compete with Google, OpenAI, The Information reports

Microsoft readies new AI model to compete with Google, OpenAI, The Information repor..

Dollar weaker on renewed Fed rate cut hopes; yen wobbles

Dollar weaker on renewed Fed rate cut hopes; yen wobbles

Dollar weaker on renewed Fed rate cut hopes; yen wobbles By Chuck Mikolajczak NEW YO..

Global shares gain on rate cut bets; yen weakens

Global shares gain on rate cut bets; yen weakens

By Herbert Lash and Nell Mackenzie NEW YORK/LONDON (Reuters) -A gauge of global sto..

ECB grows more confident about cutting rates, policymakers say

ECB grows more confident about cutting rates, policymakers say

ECB grows more confident about cutting rates, policymakers say By Balazs Koranyi and..

Swedish central bank to cut key rate this week, Reuters poll shows

Swedish central bank to cut key rate this week, Reuters poll shows

By Simon Johnson STOCKHOLM (Reuters) – Sweden’s central bank will cut i..

Swiss National Bank exploring ways to tokenise financial assets

Swiss National Bank exploring ways to tokenise financial assets

ZURICH (Reuters) – The Swiss National Bank is examining the best way that fin..

Sabadell board meets to consider BBVA’s $13 billion offer, sources say

Sabadell board meets to consider BBVA’s $13 billion offer, sources say

By Jesús Aguado MADRID (Reuters) -Sabadell’s board was meeting on Monday to d..

World shares climb on Fed cut bets, China gains; yen weakens

World shares climb on Fed cut bets, China gains; yen weakens

By Nell Mackenzie and Rae Wee LONDON (Reuters) -U.S. stocks looked to open higher o..