Headlines

Europe one step away from landmark AI rules after lawmakers’ vote

Europe one step away from landmark AI rules after lawmakers’ vote

By Foo Yun Chee STRASBOURG (Reuters) -Europe moved closer to adopting the world’s first artificial intelligence rules on Wednes..

Adidas posts first loss in 30 years but sticks to dividend

Adidas posts first loss in 30 years but sticks to dividend

By Helen Reid HERZOGENAURACH, Germany (Reuters) – German sportswear giant Adidas posted its first loss in more than 30 years in..

UK economy may be turning from headwind into tailwind for sterling

UK economy may be turning from headwind into tailwind for sterling

By Harry Robertson LONDON (Reuters) – UK wage data did its best to pull sterling down from a seven-month peak on Tuesday but th..

Global corporate dividends hit record $1.66 trillion in 2023

Global corporate dividends hit record $1.66 trillion in 2023

By Lucy Raitano LONDON (Reuters) – Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record pay..

Mango adapts as climate change makes fashion less seasonal

Mango adapts as climate change makes fashion less seasonal

By Corina Pons MADRID (Reuters) – Spanish retailer Mango is honing in on adaptable clothing to help customers adjust to wild sw..

Arm’s shares rise as Wall Street eyes IPO lock-up expiration

Arm’s shares rise as Wall Street eyes IPO lock-up expiration

By Chibuike Oguh NEW YORK (Reuters) -Shares of Arm Holdings, the British chip designer backed by Softbank Group, gained 2.1% to $129...

Inverted yield curve no longer reliable recession flag, strategists say: Reuters poll

Inverted yield curve no longer reliable recession flag, strategists say: Reuters poll

By Sarupya Ganguly BENGALURU (Reuters) – A key indicator of an oncoming recession implied by the U.S. bond market is no longer ..

Explainer-What the EU’s $149 billion boost means for Poland

Explainer-What the EU’s $149 billion boost means for Poland

By Karol Badohal and Jan Strupczewski WARSAW/BRUSSELS (Reuters) – Polish Prime Minister Donald Tusk has secured the release of ..

Leonardo to boost cybersecurity, space and AI in 5-year plan

Leonardo to boost cybersecurity, space and AI in 5-year plan

By Giulia Segreti ROME (Reuters) -Italy’s Leonardo will invest in digitalisation, artificial intelligence and interconnected pl..

UK electric vehicle delivery company Packfleet raises $10 million in funding

UK electric vehicle delivery company Packfleet raises $10 million in funding

By Nick Carey LONDON (Reuters) – UK package delivery startup Packfleet, which runs an all-electric fleet of vans in London, has..

Column-Black Sea grain exports beating early market ideas by substantial degree -Braun

Column-Black Sea grain exports beating early market ideas by substantial degree -Braun

By Karen Braun NAPERVILLE, Illinois (Reuters) – Ukraine, particularly in the last few months, has been exporting much more grai..

Stocks decline from record highs with US inflation data eyed

Stocks decline from record highs with US inflation data eyed

By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was lower for a second straight session on Monday, retreating furth..

Vinyl revival rocks Britain’s inflation basket

Vinyl revival rocks Britain’s inflation basket

By David Milliken LONDON (Reuters) – Vinyl records will re-enter Britain’s inflation charts for the first time in 32 year..

Reddit targets up to $6.4 billion valuation in much-awaited US IPO

Reddit targets up to $6.4 billion valuation in much-awaited US IPO

By Niket Nishant, Manya Saini and Echo Wang (Reuters) -Reddit is aiming for a valuation of up to $6.4 billion in its U.S. initial pub..

Analysis-AI talent war heats up in Europe

Analysis-AI talent war heats up in Europe

By Martin Coulter LONDON (Reuters) – An influx of artificial intelligence (AI) startups is heating up the battle for technical ..

Gold marches higher as US jobs data boosts bets of early rate cut

Gold marches higher as US jobs data boosts bets of early rate cut

By Anjana Anil (Reuters) – Gold prices surged to a fresh record high on Friday as data showing a rise in the U.S. unemployment ..

Bitcoin rises after rapid climb to new record

Bitcoin rises after rapid climb to new record

By Amanda Cooper and Rae Wee LONDON/SINGAPORE (Reuters) -Bitcoin rallied again on Wednesday in volatile trade, while ether jumped alm..

Explainer-Olympics-How France plans to use AI to keep Paris 2024 safe

Explainer-Olympics-How France plans to use AI to keep Paris 2024 safe

By Juliette Jabkhiro and Julien Pretot PARIS (Reuters) – France tested Artificial Intelligence-driven video surveillance techno..

Stocks at record highs as US data leaves June Fed cut bet intact

Stocks at record highs as US data leaves June Fed cut bet intact

By Alden Bentley and Huw Jones NEW YORK/LONDON (Reuters) -Investors stretched record-breaking stock rallies on Friday and favored U.S..

In new disclosure, LinkedIn says premium subscriptions bring in $1.7 billion

In new disclosure, LinkedIn says premium subscriptions bring in $1.7 billion

By Stephen Nellis (Reuters) -LinkedIn on Thursday for the first time disclosed sales for its premium subscription business, saying th..

Strikes hobble German railways, airports as disputes mount

Strikes hobble German railways, airports as disputes mount

By Andi Kranz and Stephane Nitschke COLOGNE, Germany (Reuters) – Germany faced strikes on several fronts on Thursday, as train ..

ECB lays ground for June rate cut as inflation falls

ECB lays ground for June rate cut as inflation falls

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank kept borrowing costs at record highs on Thurs..

Bitcoin rises to record high

Bitcoin rises to record high

New York (Reuters) – Bitcoin hit a record high on Tuesday, fueled by investors pouring money into U.S. spot exchange-traded c..

Dollar slips vs euro as data weighs; bitcoin hits new high

Dollar slips vs euro as data weighs; bitcoin hits new high

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against the euro on Tuesday after data showed U.S. services industry grow..

Exclusive-UN-backed bank group seeks to avoid departures with new climate guidelines

Exclusive-UN-backed bank group seeks to avoid departures with new climate guidelines

By Simon Jessop, Isla Binnie and Tommy Wilkes LONDON/NEW YORK (Reuters) – A United Nations-backed alliance of banks is proposin..

US stocks pull back as bitcoin, gold score record highs

US stocks pull back as bitcoin, gold score record highs

By Stephen Culp NEW YORK (Reuters) -Equity investors in the United States and Europe showed caution on Tuesday while bitcoin and go..

Cryptoverse: Asian traders give bitcoin blast-off

Cryptoverse: Asian traders give bitcoin blast-off

By Jihoon Lee and Jaspreet Kalra SEOUL/MUMBAI (Reuters) – Bitcoin’s runaway rally is being driven by investors in Asia. T..

Euro zone business activity moves closer to recovery, PMI survey shows

Euro zone business activity moves closer to recovery, PMI survey shows

LONDON (Reuters) – Business activity in the euro zone showed signs of recovery last month as the bloc’s dominant services..

Aviva re-enters Lloyd’s market with $300 million acquisition

Aviva re-enters Lloyd’s market with $300 million acquisition

LONDON (Reuters) -British insurer Aviva said on Monday it will re-enter the historic Lloyd’s insurance market with a 242 millio..

Hipgnosis’ songs portfolio valuation falls sharply; extends dividend halt

Hipgnosis’ songs portfolio valuation falls sharply; extends dividend halt

(Reuters) – The valuation of the songs portfolio owned by Hipgnosis Songs Fund has declined at least by a fifth from five month..

German perfume retailer Douglas plans $1.2 billion IPO by March end

German perfume retailer Douglas plans $1.2 billion IPO by March end

FRANKFURT(Reuters) – German perfume retailer Douglas said on Monday it will pursue a 1.1 billion euro (about $1.2 billion) init..

Swiss National Bank loses $3.6 billion in 2023

Swiss National Bank loses $3.6 billion in 2023

ZURICH (Reuters) -The Swiss National Bank posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the central ban..

Evonik says recovery unlikely in 2024, plans 2,000 job cuts

Evonik says recovery unlikely in 2024, plans 2,000 job cuts

Reuters) – German chemicals group Evonik Industries said on Monday it expected no signs of a recovery in 2024 and announced up ..

Marketmind: Looming event risk can’t stop Nikkei topping 40,000

Marketmind: Looming event risk can’t stop Nikkei topping 40,000

A look at the day ahead in European and global markets from Wayne Cole. It’s been a largely risk-on start to a week packed with..

M&A may breathe new life into Europe’s neglected telecoms

M&A may breathe new life into Europe’s neglected telecoms

By Danilo Masoni MILAN (Reuters) – A series of potential deals across Europe’s fragmented telecoms industry has put the b..

Analysis – G20 optimism on global outlook gives BOJ impetus for early stimulus exit

Analysis – G20 optimism on global outlook gives BOJ impetus for early stimulus exit

By Leika Kihara SAO PAULO (Reuters) – The G20 finance leaders’ upbeat take on the global economic outlook will likely giv..

Oil rises almost 2% as markets await OPEC+ decision

Oil rises almost 2% as markets await OPEC+ decision

By Robert Harvey LONDON (Reuters) -Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on su..