Oil prices steady after U.S. stockpile swell
By Shadia Nasralla LONDON (Reuters) – Oil prices were steady on Thursday, as optimism over recovering Chinese demand was ..
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First Abu Dhabi Bank could renew $35 billion offer for StanChart -Bloomberg News
By Lawrence White LONDON (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, could renew a p..
Finance
S&P warns of possible economic blow, hit to Japan Inc from BOJ rate hike
By Leika Kihara TOKYO (Reuters) – A future Bank of Japan (BOJ) interest rate hike could affect the country’s sovereign deb..
Headlines
France’s Macron awards Legion of Honour to Ukraine’s Zelenskiy
PARIS (Reuters) – President Emmanuel Macron has bestowed the Legion of Honour on Ukraine’s leader Volodymyr Zelenskiy duri..
Headlines
Bayer hits 8-month high as investors welcome CEO change
BERLIN (Reuters) -Bayer shares rose as much as 5% in early Thursday trading to an eight month high, adding to gains from the day befor..
News
Big Oil doubles profits in blockbuster 2022
By Ron Bousso LONDON (Reuters) – Big Oil more than doubled its profits in 2022 to $219 billion, smashing previous records in a y..
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Italy inflation-adjusted retail sales fell in 2022
ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, wi..
Finance
European shares hit nine month high, dollar wobbles after Powell remarks
By Alun John LONDON (Reuters) – Global shares jumped and most currencies rose against the dollar on Wednesday as investors disce..
Finance
Italy’s MPS sees ‘safe habour’ ahead after strong quarter
By Valentina Za MILAN (Reuters) -Italian state-owned bank Monte dei Paschi di Siena (MPS) on Wednesday joined peers in solidly beating..
Headlines
Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 20%
(Reuters) -Michael Kors owner Capri Holdings Ltd cut its annual profit forecast on Wednesday, hurt by a slowdown in demand for its lux..
Business
Russian threat to Baltic security rising – Estonian intelligence report
By Andrius Sytas VILNIUS (Reuters) – Estonia’s Foreign Intelligence Service said it believed Russia still had the strength..
News
Activision aims to help UK regulator ‘better understand our industry’
LONDON (Reuters) – “Call of Duty” maker Activision Blizzard said on Wednesday it hoped it could help Britain’s..
Featured
Stocks, dollar pause ahead of Powell, Biden speeches
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – A gauge of global equities edged lower and the dollar inched up on Tu..
Finance
BP makes record profit in 2022, slows shift from oil
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP reported on Tuesday a record profit of $28 billion for 2022 and hiked it..
Headlines
Cryptoverse: Is bitcoin out of the woods? Consider the options
By Medha Singh, Lisa Pauline Mattackal and Vidya Ranganathan (Reuters) – Have bitcoin and ether finally turned a corner? ..
Headlines
EU considers ban on ‘forever chemicals’, urges search for alternatives
(Reuters) – The European Union on Tuesday started to consider a proposal to ban widely used substances known as PFAS or “f..
Featured
FTSE 100 inches towards recent highs as BP shines
By Sruthi Shankar (Reuters) – UK’s FTSE 100 rose on Tuesday as bumper earnings from oil giant BP and a rally in ene..
Finance
UK house prices stabilise after four-month fall, Halifax says
LONDON (Reuters) – British house prices were unchanged in January after falling in month-on-month terms in each of the pr..
Finance
Allure of Japan’s powder snow a growing danger as more tourists ski backcountry
By Mariko Katsumura and Elaine Lies TOKYO (Reuters) – The popularity of Japan’s crisp powder snow among foreign ski..
Lifestyle
ChatGPT mania pumps up Chinese AI technology stocks
SHANGHAI (Reuters) – Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy ..
Headlines
Marketmind: Rates start to bite
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks on Tuesday come off the..
Finance
From boom to bottom and now big change: Renault and Nissan reshape alliance
PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissan announced a deal on Monday to redesign their dec..
Headlines
UK stocks slip as rate hike worries grip investors
By Sruthi Shankar and Shashwat Chauhan (Reuters) – The UK’s FTSE 100 closed lower on Monday, as upbeat U.S. economi..
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Global shares slide, dollar gains as rates rise on strong data
Global shares slide, dollar gains as rates rise on strong data
By Herbert Lash and Amanda Cooper WASHINGTON (Reuters) – Global equity markets slid and the dollar firmed on Monday after data showing a resilie..
Headlines
Bank of England’s Mann doubles down on backing for rate hikes
By Gergely Szakacs BUDAPEST (Reuters) – Bank of England rate-setter Catherine Mann on Monday backed further increases in interes..
Finance
UK new car sales rise in January, full-year sales to top last year – SMMT
(Reuters) – New car registrations in the United Kingdom rose for the sixth straight month, recording a 14.7% annual rise in Janu..
Business
UK watchdog warns crypto firms to prepare for advertising rule change
LONDON (Reuters) -Britain’s financial watchdog warned crypto businesses on Monday to get ready for a rule change on advertising ..
Headlines
U.S. job growth powers ahead; unemployment rate at 3.4%
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated sharply in January while the unemployment rate hit a more t..
Business
Euro zone inflation seen just above ECB’s target in 2025, poll shows
FRANKFURT (Reuters) – Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank’..
Headlines
Kering recruits Estee Lauder exec for push into cosmetics
PARIS (Reuters) – French luxury goods group Kering said Friday it was entering the cosmetics business, with the announcement tha..
Headlines
Lockmaker Assa Abloy boosts dividend, but wary on outlook
STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its dividend more than expected as it met quarterly profi..
Headlines
TomTom raises 2023 revenue outlook as automotive drives Q4 beat
By Federica Mileo (Reuters) -Dutch navigation and digital mapping company TomTom raised its 2023 revenue forecast on Friday, after pos..
Headlines
France seeks strategy as nuclear waste site risks saturation point
By Benjamin Mallet LA HAGUE, France (Reuters) – At a nuclear waste site in Normandy, robotic arms guided by technicians behind a..
Headlines
Tech earnings hit pause button on market rally
By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message..
Headlines
Billionaire Cohen builds stake in Nordstrom, urges board shakeup
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to pus..
Headlines
Ford posts lower profit, issues downbeat outlook; shares drop
By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Thursday said quarterly profits fell and the automaker predicted ..
Headlines
Oil slumps on economic data, stronger U.S. dollar
By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Thursday as U.S. industrial-linked factory orders dipped, while the d..
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