Headlines

US dollar retreats after weak economic data; yen gets minor relief

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..

Chinese-owned chipmaker Nexperia invests $200 million in European expansion

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..

UBS’s new wealth management co-leaders announce reshuffle

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..

UK retailer Halfords posts lower annual profit

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 ..

Nokia sells submarine networks business ASN to French state

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 ..

BP halts hiring, slows renewables roll-out to win over investors

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..

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

SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports (Reuters) – Japanese technology in..

Dollar hits 38-year high vs yen; stocks mostly ease

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..

Euro zone yields edge up before inflation data, caution over France

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..

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

Yen tumbles to 38-year low vs dollar as likely Japan intervention looms By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LON..

UK retail sales go into reverse this month, CBI survey shows

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..

Aussie dollar jumps on inflation spike, while yen stays under pressure

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)..

Exclusive-Doordash held talks with UK’s Deliveroo on takeover, sources say

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..

Miner BHP’s carbon emissions to rise slightly this year

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..

Analysis-France may be next test of the euro’s foundations

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) –..

Oil ticks up on inventory drawdown outlook, Middle East risks

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..

Covestro eyes 400 million eur in cost cuts after ADNOC talks intensify

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..

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

Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows TOKYO (Reuters) – Toyota sold $2 billion wor..

Oil prices steady as inflation worries limit summer demand optimism

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..

Asian shares subdued, yen hits record low versus euro

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..

China’s BYD launches third EV model in Japan

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..

London’s FTSE 100 flat; energy, miners lead decline

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..

Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites

Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites

Mike Ashley’s Frasers buys THG’s portfolio of luxury goods websites (Reuters) -British e-commerce firm THG has agreed to s..

Prosus full-year core headline earnings jump 84%

Prosus full-year core headline earnings jump 84%

Prosus full-year core headline earnings jump 84% (Reuters) – Dutch technology investor Prosus core headline earnings jumped 84% ..

Oil eases as strong dollar weighs on commodities markets

Oil eases as strong dollar weighs on commodities markets

Oil eases as strong dollar weighs on commodities markets By Florence Tan SINGAPORE (Reuters) -Oil prices inched down on Monday as conc..

German residential property prices keep falling in Q1

German residential property prices keep falling in Q1

German residential property prices keep falling in Q1 (Adds missing economist name in paragraph 6) BERLIN (Reuters) -German residentia..

UK’s Britvic rejects revised takeover proposal from Carlsberg

UK’s Britvic rejects revised takeover proposal from Carlsberg

UK’s Britvic rejects revised takeover proposal from Carlsberg (Reuters) – British soft drinks maker Britvic rejected a rev..

Analysis-Consumer-focused lending under Labour could dent UK bank profits

Analysis-Consumer-focused lending under Labour could dent UK bank profits

Analysis-Consumer-focused lending under Labour could dent UK bank profits By Sinead Cruise and Lawrence White LONDON (Reuters) –..

Asian shares end the week with a whimper, yen back to intervention watch

Asian shares end the week with a whimper, yen back to intervention watch

Asian shares end the week with a whimper, yen back to intervention watch By Stella Qiu SYDNEY (Reuters) -Asian shares are ending the w..

Swiss National Bank presses ahead as rate cutting front-runner

Swiss National Bank presses ahead as rate cutting front-runner

Swiss National Bank presses ahead as rate cutting front-runner By John Revill ZURICH(Reuters) -The Swiss National Bank cut interest ra..

Analysis-UK markets jolted back to life by rate cut hopes, election buzz

Analysis-UK markets jolted back to life by rate cut hopes, election buzz

Analysis-UK markets jolted back to life by rate cut hopes, election buzz By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – T..

Accenture forecasts 2024 revenue growth above estimates on AI demand

Accenture forecasts 2024 revenue growth above estimates on AI demand

Accenture forecasts 2024 revenue growth above estimates on AI demand (Reuters) -IT services provider Accenture projected annual revenu..

Italy boosts crypto risk oversight and toughens sanctions, draft shows

Italy boosts crypto risk oversight and toughens sanctions, draft shows

Italy boosts crypto risk oversight and toughens sanctions, draft shows ROME (Reuters) – Italy plans to adopt measures to beef up..

Morning Bid: Bailey likely to bail on rate change

Morning Bid: Bailey likely to bail on rate change

Morning Bid: Bailey likely to bail on rate change A look at the day ahead in European and global markets from Ankur Banerjee British i..

Credit Suisse collapse showed weakness in regulatory framework: SNB

Credit Suisse collapse showed weakness in regulatory framework: SNB

Credit Suisse collapse showed weakness in regulatory framework: SNB ZURICH (Reuters) – The collapse of Swiss bank Credit Suisse ..

Asian stocks hold on to gains; BoE in focus

Asian stocks hold on to gains; BoE in focus

Asian stocks hold on to gains; BoE in focus By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks took a breather on Thursday, ho..

UK election pledges fall short of $48 billion health funding gap, think tank says

UK election pledges fall short of $48 billion health funding gap, think tank says

UK election pledges fall short of $48 billion health funding gap, think tank says LONDON (Reuters) – Election pledges by Britain..