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Stocks grind towards record highs in inflation-heavy week

Stocks grind towards record highs in inflation-heavy week

Stocks grind towards record highs in inflation-heavy week By Wayne Cole and Amanda Cooper SYDNEY/LONDON (Reuters) -Global stocks neare..

EU countries approve law to slash trucks’ CO2 emissions

EU countries approve law to slash trucks’ CO2 emissions

EU countries approve law to slash trucks’ CO2 emissions By Kate Abnett BRUSSELS (Reuters) – European Union countries gave ..

The case for forever high interest rates

The case for forever high interest rates

The case for forever high interest rates By Yoruk Bahceli (Reuters) – If financial markets are right, interest rates won’t..

London stocks muted ahead of more earnings, economic data

London stocks muted ahead of more earnings, economic data

London stocks muted ahead of more earnings, economic data By Pranav Kashyap (Reuters) – London’s FTSE 100 was flat on Mond..

European shares listless as investors brace for inflation test

European shares listless as investors brace for inflation test

European shares listless as investors brace for inflation test By Ankika Biswas (Reuters) -Europe’s STOXX 600 struggled for dire..

In the Market: Financiers fret over ‘leverage on leverage’ in private credit

In the Market: Financiers fret over ‘leverage on leverage’ in private credit

In the Market: Financiers fret over ‘leverage on leverage’ in private credit By Paritosh Bansal (Reuters) -To some elite f..

Japan’s SoftBank swings to quarterly profit, eyes on Arm unit

Japan’s SoftBank swings to quarterly profit, eyes on Arm unit

Japan’s SoftBank swings to quarterly profit, eyes on Arm unit By Anton Bridge TOKYO (Reuters) -Technology investor SoftBank Grou..

Germany says cybercrime by foreign actors rose by 28% in 2023

Germany says cybercrime by foreign actors rose by 28% in 2023

Germany says cybercrime by foreign actors rose by 28% in 2023 BERLIN (Reuters) – Cybercrime by foreign perpetrators surged in Ge..

Amazon to invest $1.3 billion in France, create 3,000 jobs

Amazon to invest $1.3 billion in France, create 3,000 jobs

Amazon to invest $1.3 billion in France, create 3,000 jobs By Supantha Mukherjee STOCKHOLM (Reuters) – Amazon said on Monday it ..

UK’s Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions

UK’s Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions

UK’s Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions (This May 10 story has been corrected to say..

Microsoft to invest 4 billion euros in France

Microsoft to invest 4 billion euros in France

Microsoft to invest 4 billion euros in France PARIS (Reuters) – Technology and software giant Microsoft will invest 4 billion eu..

Floods kill 37 in Indonesia’s West Sumatra, 17 missing

Floods kill 37 in Indonesia’s West Sumatra, 17 missing

Floods kill 37 in Indonesia’s West Sumatra, 17 missing TANAH DATAR (Reuters) – Flash floods and mud slides in Indonesia..

Currency market calm as US inflation data holds focus this week

Currency market calm as US inflation data holds focus this week

Currency market calm as US inflation data holds focus this week By Brigid Riley TOKYO (Reuters) – Major currencies were steady o..

UK employers plan 4% pay rises in coming year, survey shows

UK employers plan 4% pay rises in coming year, survey shows

UK employers plan 4% pay rises in coming year, survey shows By Suban Abdulla LONDON (Reuters) – British employers expect to rais..

Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability

Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability

Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability PARIS (Reuters) -Novavax on Friday erased doub..

Retailer Lidl UK raises staff pay for third time in 12 months

Retailer Lidl UK raises staff pay for third time in 12 months

Retailer Lidl UK raises staff pay for third time in 12 months LONDON (Reuters) – The British arm of German supermarket group Lid..

Honda sees full-year profit rising 2.8%

Honda sees full-year profit rising 2.8%

Honda sees full-year profit rising 2.8% TOKYO (Reuters) – Japan’s Honda Motor Co forecast a 2.8% rise in operating profit ..

Pandemic treaty talks to the wire, likely to miss first deadline, sources say

Pandemic treaty talks to the wire, likely to miss first deadline, sources say

Pandemic treaty talks to the wire, likely to miss first deadline, sources say By Jennifer Rigby LONDON (Reuters) – Talks to draw..

Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports

Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports

Rio Tinto had considered a bid for BHP-target Anglo American, AFR reports (Reuters) -Mining giant Rio Tinto had considered an offer fo..

GeoPark to access $500 million from Vitol in return for oil deliveries

GeoPark to access $500 million from Vitol in return for oil deliveries

GeoPark to access $500 million from Vitol in return for oil deliveries (Reuters) – GeoPark has struck a deal to sell a minimum o..

China’s push for greener aluminium hit by erratic rains, power cuts

China’s push for greener aluminium hit by erratic rains, power cuts

China’s push for greener aluminium hit by erratic rains, power cuts BEIJING (Reuters) – Erratic rainfall in China’s ..

Oil hits 1-week high on demand hopes after China, US data

Oil hits 1-week high on demand hopes after China, US data

Oil hits 1-week high on demand hopes after China, US data By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 1% to a one-week..

Bank of England clears path for its first rate cut since 2020

Bank of England clears path for its first rate cut since 2020

Bank of England clears path for its first rate cut since 2020 By William Schomberg, David Milliken and Suban Abdulla LONDON (Reuters) ..

STOXX 600 ends at record high; BBVA weighs on Spain

STOXX 600 ends at record high; BBVA weighs on Spain

STOXX 600 ends at record high; BBVA weighs on Spain By Ankika Biswas and Johann M Cherian (Reuters) -Europe’s benchmark index in..

Stocks gain as European shares hit new highs, dollar slips

Stocks gain as European shares hit new highs, dollar slips

Stocks gain as European shares hit new highs, dollar slips By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – World stoc..

Europe’s rush for rate cuts shifts global market power away from US

Europe’s rush for rate cuts shifts global market power away from US

Europe’s rush for rate cuts shifts global market power away from US By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – ..

Headlines

Telefonica tops forecast with 79% surge in Q1 profit

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 with a 79% surg..

Headlines

Brembo Q1 operating profit rises on record sales

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% yearly increase in fi..

Stocks stall near record highs, pound poised for BoE

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 bre..

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

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 presen..

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

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 woul..

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

TIM CEO sees potential benefits of almost 5 billion euros from new business plan – paper ROME (Reuters) – The CEO of Telec..

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

Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey By Brijesh Patel (Reuters) – The platinum market face..

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

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’..

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

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 ..

Oil prices rise after US crude stocks fall more than expected

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 a..

Olympics-Flame arrives in Marseille amid tight security

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 Oly..