Headlines

Computer parts maker Logitech Q4 sales rise; first positive qtr in over 2 years

Computer parts maker Logitech Q4 sales rise; first positive qtr in over 2 years

ZURICH (Reuters) -Logitech International increased its sales during its fourth quarter, the computer peripherals maker said on Tuesda..

European stocks eke out gains after German inflation data; Deutsche Bank drops

European stocks eke out gains after German inflation data; Deutsche Bank drops

By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed below day highs on Monday after Germany reported higher-than-..

FTSE 100 extends record streak on company news

FTSE 100 extends record streak on company news

By Pranav Kashyap, Sruthi Shankar and Khushi Singh (Reuters) -Britain’s FTSE 100 extended its record rally for the fifth straig..

Oil falls on Middle East talks, dimming near-term US rate cut hopes

Oil falls on Middle East talks, dimming near-term US rate cut hopes

By Laila Kearney (Reuters) -Oil prices fell by more than $1 a barrel on Monday as Israel-Hamas ceasefire talks in Cairo tempered fear..

ECB’s Knot: increasingly confident about disinflation

ECB’s Knot: increasingly confident about disinflation

FRANKFURT (Reuters) – Euro zone inflation is falling towards 2% and geopolitical stress poses only moderate risks but the Europ..

EU industry group downgrades steel demand forecast for 2024 again

EU industry group downgrades steel demand forecast for 2024 again

LONDON (Reuters) – A European Union industry group on Monday downgraded its 2024 steel demand outlook for the second time in a ..

U.S. stocks gain at top data-heavy week amid suspected yen intervention

U.S. stocks gain at top data-heavy week amid suspected yen intervention

By Stephen Culp NEW YORK (Reuters) – U.S. stocks followed their European counterparts higher on Monday and the yen surged amid ..

G7 reaches deal to exit from coal by 2035

G7 reaches deal to exit from coal by 2035

By Francesca Landini TURIN (Reuters) -Energy ministers from the Group of Seven (G7) wealthy countries reached a deal to shut down the..

Soaring cocoa prices put spotlight on Hershey, Mondelez earnings

Soaring cocoa prices put spotlight on Hershey, Mondelez earnings

By Granth Vanaik (Reuters) – Hershey and Mondelez International investors will be eager to see how the chocolate makers plan to ..

Japanese yen surges against dollar on possible intervention

Japanese yen surges against dollar on possible intervention

By Chuck Mikolajczak NEW YORK (Reuters) -Japan’s currency surged as much as 5 yen against the dollar from a fresh 34-year low h..

G7 ministers to agree coal plants shutdown by 2030-2035, UK says

G7 ministers to agree coal plants shutdown by 2030-2035, UK says

TURIN (Reuters) – Energy ministers from the Group of Seven (G7) wealthy countries have agreed to shut down coal-fired power pla..

German inflation creeps up to 2.4% in April

German inflation creeps up to 2.4% in April

German inflation creeps up to 2.4% in April By Maria Martinez BERLIN (Reuters) -German inflation rose slightly in April due to higher ..

Oil prices steady on Hamas ceasefire talks

Oil prices steady on Hamas ceasefire talks

By Deep Kaushik Vakil (Reuters) – Oil prices were little changed on Monday as Israel-Hamas peace talks in Cairo tempered fears ..

Domino’s Pizza beats sales expectations as orders thrive

Domino’s Pizza beats sales expectations as orders thrive

(Reuters) -Domino’s Pizza topped Wall Street expectations for first-quarter same-store sales on Monday, as consumers in the Uni..

Mercedes-Benz says US DOJ ended investigation into diesel emissions scandal

Mercedes-Benz says US DOJ ended investigation into diesel emissions scandal

BERLIN (Reuters) – The U.S. Department of Justice has closed its probe into the Mercedes-Benz diesel emissions scandal and the ..

Analysis-Second global AI safety summit faces tough questions, lower turnout

Analysis-Second global AI safety summit faces tough questions, lower turnout

By Martin Coulter LONDON (Reuters) – Last year, a who’s who of world leaders, corporate executives and academic experts gathere..

FTSE 100 continues record run, Darktrace rallies on buyout deal

FTSE 100 continues record run, Darktrace rallies on buyout deal

By Pranav Kashyap and Sruthi Shankar (Reuters) -Britain’s FTSE 100 rose to another record high on Friday as strong earnings fro..

Global stocks gain on Big Tech lift; yen swings to fresh 34-yr low

Global stocks gain on Big Tech lift; yen swings to fresh 34-yr low

By Chris Prentice and Naomi Rovnick NEW YORK/LONDON (Reuters) -Global stocks were higher on Friday as Big Tech gains lifted Wall Stre..

Global equity funds face fourth week of outflows amid dampened Fed rate cut hopes

Global equity funds face fourth week of outflows amid dampened Fed rate cut hopes

(Reuters) – Global equity funds recorded outflows for the fourth consecutive week as of April 24, affected by diminishing hopes..

Global economy set to stay on a roll for the rest of the year – Reuters poll

Global economy set to stay on a roll for the rest of the year – Reuters poll

By Hari Kishan BENGALURU (Reuters) – The global economy is likely to carry its solid momentum for the rest of the year and into ..

Sterling steadies against dollar, jumps to 16-year high vs yen

Sterling steadies against dollar, jumps to 16-year high vs yen

By Joice Alves LONDON (Reuters) – Sterling steadied on Friday after rising to a two-week high against the dollar as markets awa..

TotalEnergies earnings fall in first quarter on lower gas prices

TotalEnergies earnings fall in first quarter on lower gas prices

By America Hernandez PARIS (Reuters) -French energy giant TotalEnergies posted a 22% decline in first-quarter earnings due to a steep..

Safran posts higher Q1 revenue, keeps financial targets

Safran posts higher Q1 revenue, keeps financial targets

PARIS (Reuters) -French jet engine maker Safran posted an 18.1% jump in first-quarter revenue and reaffirmed financial targets for th..

Denso to sell off cross-shareholdings and use proceeds on M&A

Denso to sell off cross-shareholdings and use proceeds on M&A

TOKYO (Reuters) – Toyota Motor supplier Denso plans to eventually sell all of its cross-shareholdings, its president said on Fr..

Airport operator ADP Q1 revenue boosted by post-pandemic travel boom

Airport operator ADP Q1 revenue boosted by post-pandemic travel boom

By Diana Mandia (Reuters) -French airport group ADP reported on Friday a better-than-expected rise in first-quarter revenue, benefiti..

Tepid economic data weighs on equities; yen sinks to fresh lows

Tepid economic data weighs on equities; yen sinks to fresh lows

By Lisa Baertlein, Abhirup Roy and Nick Carey LOS ANGELES/SAN FRANCISCO (Reuters) -UPS and FedEx are facing uncertainty in U.S. sup..

UPS, FedEx transition to electric vans slowed by battery shortages, low supply

UPS, FedEx transition to electric vans slowed by battery shortages, low supply

By Lisa Baertlein, Abhirup Roy and Nick Carey LOS ANGELES/SAN FRANCISCO (Reuters) -UPS and FedEx are facing uncertainty in U.S. suppl..

Two million Britons suffer long COVID symptoms, survey shows

Two million Britons suffer long COVID symptoms, survey shows

Two million Britons suffer long COVID symptoms, survey shows By David Milliken LONDON (Reuters) – Two million people across Engl..

Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency

Dollar firmer on higher U.S. inflation; yen sinks vs euro, US currency

By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) – The U.S. dollar gained on Thursday after a hotter-th..

Meta sparks tech selloff as AI splurge spooks Wall Street

Meta sparks tech selloff as AI splurge spooks Wall Street

By Aditya Soni and Kanchana Chakravarty (Reuters) -Shares of Meta Platforms sank 13% on Thursday, sparking a selloff in big technolog..

Repsol working on closing first “renewable asset rotation” in US – CEO

Repsol working on closing first “renewable asset rotation” in US – CEO

MADRID (Reuters) – Repsol Chief Executive Josu Jon Imaz said on Thursday that the company is working to close the first agreeme..

Delivery Hero ups revenue outlook on rising orders, ad revenue

Delivery Hero ups revenue outlook on rising orders, ad revenue

By Linda Pasquini (Reuters) -German online food takeaway company Delivery Hero raised its revenue guidance for the year on Thursday o..

Factbox-Anglo American, BHP mining operations around the world

Factbox-Anglo American, BHP mining operations around the world

(Reuters) – British multinational miner Anglo American on Thursday said it had received an all-share takeover proposal from the..

China’s largest auto show showcases all-electric future, local brands dominate

China’s largest auto show showcases all-electric future, local brands dominate

By Kevin Krolicki, Zoey Zhang, Sarah Wu and Qiaoyi Li BEIJING (Reuters) – China’s largest auto show opened in Beijing on ..

Unilever beats quarterly sales growth forecasts

Unilever beats quarterly sales growth forecasts

(Reuters) -Unilever’s first-quarter sales grew by a better than expected 4.4%, it said on Thursday, as one of the world’s..

Chinese EV battery maker CATL unveils LFP battery with 1,000 km range

Chinese EV battery maker CATL unveils LFP battery with 1,000 km range

BEIJING (Reuters) – Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron phosphate (LFP) batter..

Sanofi profit slips on generic competition and currency effects

Sanofi profit slips on generic competition and currency effects

By Ludwig Burger (Reuters) -Sanofi’s first-quarter operating income fell 14.7% as currency effects and cheap competition to its..