Sterling dented by one-two punch from dollar and euro
Sterling dented by one-two punch from dollar and euro LONDON (Reuters) – The pound neared its lowest in almost two months agains..
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US Treasury yields boost dollar, Powell speech in focus
US Treasury yields boost dollar, Powell speech in focus By Amanda Cooper and Stefano Rebaudo (Reuters) -Rising U.S. yields supported t..
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Shell to pause Dutch biofuels project as market sags
By Ron Bousso LONDON (Reuters) -Shell will pause construction work at one of Europe’s largest biofuel plants due to weak market..
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Qatar Airways posts 39% jump in annual profit to record $1.67 billion
DUBAI (Reuters) – Qatar Airways posted a 39% jump in annual net profit to a record 6.1 billion Qatari riyals ($1.67 billion) on..
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German industry turns to solar in race to cut energy costs
By Riham Alkousaa BERLIN (Reuters) – For months, Philip Matthias tried to convince his father to install solar panels on their ..
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UK’s Sainsbury’s says weak non-food weighs on quarterly sales growth
LONDON (Reuters) -Sainsbury’s, Britain’s second largest supermarket group, kept its annual financial guidance as it repor..
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French catering group Sodexo lags Q3 sales expectations
(Reuters) – French food caterer Sodexo reported slightly lower than expected third-quarter sales on Tuesday, citing a change in..
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Global factory activity has mixed performance in June, PMIs show
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Manufacturing activity in Europe suffered a setback last month but Asian f..
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Euro rallies as French far right faces tricky path to majority
Euro rallies as French far right faces tricky path to majority By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) -The euro jum..
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European stocks rally after first round of French vote
(Reuters) – European stocks rallied on Monday, with French shares leading the way after the far-right National Rally (RN) party..
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Sanofi eyes investment of up to $1.6 billion in Germany, Handelsblatt says
FRANKFURT (Reuters) – French drugmaker Sanofi is nearing a decision to invest between 1.3 billion euros and 1.5 billion euros (..
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Exclusive-Boeing agrees to buy Spirit Aero for $4.7 billion, sources say
By Mike Stone and Allison Lampert WASHINGTON (Reuters) -Boeing agreed on Sunday to acquire Spirit AeroSystems for more than $4 billio..
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Asia shares eye five-month winning streak; yen slumps
By Rae Wee SINGAPORE (Reuters) – Asian stocks are headed for a fifth straight month of gains on Friday, bolstered by the growin..
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Stocks inch lower as semiconductor shares ease; yen up vs dollar
Stocks inch lower as semiconductor shares ease; yen up vs dollar By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes edg..
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Global carbon removal market could reach $100 billion/yr from 2030-35, report says
Global carbon removal market could reach $100 billion/yr from 2030-35, report says By Susanna Twidale LONDON (Reuters) – The glo..
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US dollar retreats after weak economic data; yen gets minor relief
US dollar retreats after weak economic data; yen gets minor relief By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Re..
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Chinese-owned chipmaker Nexperia invests $200 million in European expansion
Chinese-owned chipmaker Nexperia invests $200 million in European expansion By Toby Sterling AMSTERDAM/HAMBURG (Reuters) – Nexpe..
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UBS’s new wealth management co-leaders announce reshuffle
UBS’s new wealth management co-leaders announce reshuffle By Noele Illien and Oliver Hirt ZURICH (Reuters) – UBS is making..
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UK retailer Halfords posts lower annual profit
UK retailer Halfords posts lower annual profit (Reuters) -British bicycle and car products retailer Halfords Group reported a fall in ..
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Nokia sells submarine networks business ASN to French state
Nokia sells submarine networks business ASN to French state COPENHAGEN (Reuters) – Nokia on Thursday said it had agreed to sell ..
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BP halts hiring, slows renewables roll-out to win over investors
BP halts hiring, slows renewables roll-out to win over investors By Ron Bousso LONDON (Reuters) – BP’s new CEO Murray Auch..
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SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports
SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports (Reuters) – Japanese technology in..
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Dollar hits 38-year high vs yen; stocks mostly ease
Dollar hits 38-year high vs yen; stocks mostly ease By Caroline Valetkevitch NEW YORK (Reuters) -The dollar hit a fresh 38-year high a..
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Euro zone yields edge up before inflation data, caution over France
Euro zone yields edge up before inflation data, caution over France By Stefano Rebaudo (Reuters) -Euro zone government bond yields r..
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Yen tumbles to 38-year low vs dollar as likely Japan intervention looms
Yen tumbles to 38-year low vs dollar as likely Japan intervention looms By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LON..
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UK retail sales go into reverse this month, CBI survey shows
UK retail sales go into reverse this month, CBI survey shows (Reuters) -British retail sales softened this month after a recovery in M..
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Aussie dollar jumps on inflation spike, while yen stays under pressure
Aussie dollar jumps on inflation spike, while yen stays under pressure By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters)..
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Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say
Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say By Amy-Jo Crowley and Abigail Summerville LONDON (Reu..
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Miner BHP’s carbon emissions to rise slightly this year
Miner BHP’s carbon emissions to rise slightly this year By Melanie Burton MELBOURNE (Reuters) -BHP Group’s operational car..
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Analysis-France may be next test of the euro’s foundations
Analysis-France may be next test of the euro’s foundations By Francesco Canepa and Leigh Thomas FRANKFURT/PARIS (Reuters) –..
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Oil ticks up on inventory drawdown outlook, Middle East risks
Oil ticks up on inventory drawdown outlook, Middle East risks SINGAPORE (Reuters) -Oil prices inched up during Asian trade on Wednesda..
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Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify
Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify (Reuters) – Covestro, the German chemicals maker in talks..
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Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows
Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows TOKYO (Reuters) – Toyota sold $2 billion wor..
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Oil prices steady as inflation worries limit summer demand optimism
Oil prices steady as inflation worries limit summer demand optimism By Emily Chow SINGAPORE (Reuters) – Oil prices were little c..
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Asian shares subdued, yen hits record low versus euro
Asian shares subdued, yen hits record low versus euro By Stella Qiu SYDNEY (Reuters) – Asian shares were subdued on Tuesday whil..
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China’s BYD launches third EV model in Japan
China’s BYD launches third EV model in Japan TOKYO (Reuters) -China’s BYD launched its third electric vehicle in Japan, it..
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London’s FTSE 100 flat; energy, miners lead decline
London’s FTSE 100 flat; energy, miners lead decline (Reuters) – London’s FTSE 100 was flat on Monday as investors tu..
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