Headlines

Sterling steady ahead of expected drop in inflation

Sterling steady ahead of expected drop in inflation

LONDON (Reuters) – The pound held steady on Monday as markets waited for April inflation data later in the week which is expecte..

Asking prices for UK homes hit record high, Rightmove says

Asking prices for UK homes hit record high, Rightmove says

LONDON (Reuters) – Prices of homes being put up for sale in Britain have hit record highs despite still expensive mortgage costs..

Italy’s large deficit, debt could erode investor confidence, IMF warns

Italy’s large deficit, debt could erode investor confidence, IMF warns

ROME (Reuters) – Italy’s huge budget deficit and debt along with delays in spending post-COVID EU funds could erode invest..

Wall St, world stocks advance, metals shine

Wall St, world stocks advance, metals shine

NEW YORK (Reuters) -U.S. stocks followed the example of their European counterparts, gaining ground on Monday while gold and copper to..

European shares eke out gains amid interest rate uncertainty

European shares eke out gains amid interest rate uncertainty

(Reuters) -European shares ended marginally higher on Monday, with defence stocks in the lead, but gains remained in check as investor..

Dollar firm as investors await Fed guidance

Dollar firm as investors await Fed guidance

NEW YORK (Reuters) -The dollar was firm against the euro on Monday as investors awaited further clues to help them figure out the path..

European shares end lower on rate cut jitters; Richemont shines

European shares end lower on rate cut jitters; Richemont shines

(Reuters) -European shares closed lower on Friday, as investors turned cautious following remarks from a policymaker on the outlook fo..

Dollar mostly flat as market mulls inflation outlook

Dollar mostly flat as market mulls inflation outlook

NEW YORK/LONDON (Reuters) – The dollar traded little changed against major currencies on Friday as market speculation continues ..

Stocks inch up as timing of US rate cuts weighed; copper jumps

Stocks inch up as timing of US rate cuts weighed; copper jumps

NEW YORK (Reuters) -World stock indexes edged higher and U.S. Treasury yields also rose on Friday as investors tried to assess the tim..

Oil prices rise after US economic data raises rate cut expectations

Oil prices rise after US economic data raises rate cut expectations

NEW YORK (Reuters) -Oil futures rose on Thursday on a stabilizing U.S. job market and slower-than-expected inflation data, which incre..

Dollar rebounds on hot US import prices

Dollar rebounds on hot US import prices

NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that rai..

German experts cut their tax revenue forecasts for 2024-28 by 1.5%

German experts cut their tax revenue forecasts for 2024-28 by 1.5%

BERLIN (Reuters) -Germany’s council of tax experts cut their forecast for total tax revenue over the next five years by 1.5% on ..

Fears of German ‘de-industrialisation’ may be overblown – for now

Fears of German ‘de-industrialisation’ may be overblown – for now

BERLIN (Reuters) – High energy costs, weak global demand, a disruptive shift towards net-zero economies, and growing competition..

Siemens misses profit forecast as industrial business struggles

Siemens misses profit forecast as industrial business struggles

Siemens misses profit forecast as industrial business struggles By John Revill ZURICH (Reuters) – Siemens reported a drop in sec..

Italy cuts Eni stake, raises 1.4 billion euros

Italy cuts Eni stake, raises 1.4 billion euros

Italy cuts Eni stake, raises 1.4 billion euros By Giuseppe Fonte and Francesca Landini ROME (Reuters) -Italy’s Treasury sold a 2..

Exclusive-Anglo American starts revamp with hiring freeze, document shows

Exclusive-Anglo American starts revamp with hiring freeze, document shows

Exclusive-Anglo American starts revamp with hiring freeze, document shows By Scott Murdoch and Melanie Burton SYDNEY (Reuters) -Anglo ..

Catering firm Compass lifts profit forecast after strong first half

Catering firm Compass lifts profit forecast after strong first half

Catering firm Compass lifts profit forecast after strong first half (Reuters) – British catering firm Compass Group raised its 2..

AI’s use in finance may need new rules, ECB says

AI’s use in finance may need new rules, ECB says

AI’s use in finance may need new rules, ECB says FRANKFURT (Reuters) – The use of artificial intelligence in finance is st..

Oil down on inflation, supply risks in Mideast, Canada lend floor

Oil down on inflation, supply risks in Mideast, Canada lend floor

Oil down on inflation, supply risks in Mideast, Canada lend floor By Georgina McCartney HOUSTON (Reuters) -Oil prices fell on Tuesday,..

King Charles unveils his first portrait since coronation

King Charles unveils his first portrait since coronation

King Charles unveils his first portrait since coronation (Changes media identifier to correspond with visuals) LONDON (Reuters) -Brita..

Factbox-How hosting Euro 2024 could impact the German economy

Factbox-How hosting Euro 2024 could impact the German economy

Factbox-How hosting Euro 2024 could impact the German economy By Rene Wagner BERLIN (Reuters) – Germany will be hoping for spo..

Analysis-Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook

Analysis-Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook

Analysis-Recovering euro keeps dollar ‘gorilla’ from scuppering ECB rate outlook By Amanda Cooper and Stefano Rebaudo LOND..

Countries make late bid to salvage EU’s nature law

Countries make late bid to salvage EU’s nature law

Countries make late bid to salvage EU’s nature law By Kate Abnett BRUSSELS (Reuters) – A group of 11 countries, led by Ire..

Mixed UK labour market signals leave BoE on rate cut alert

Mixed UK labour market signals leave BoE on rate cut alert

Mixed UK labour market signals leave BoE on rate cut alert By Suban Abdulla LONDON (Reuters) – British wages grew by more than e..

World shares rest near record highs ahead of US inflation data

World shares rest near record highs ahead of US inflation data

World shares rest near record highs ahead of US inflation data By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) – World..

Curbs on costly home incentives cause split in Italy’s coalition

Curbs on costly home incentives cause split in Italy’s coalition

Curbs on costly home incentives cause split in Italy’s coalition By Giuseppe Fonte and Angelo Amante ROME (Reuters) – Ital..

Dollar slips after unexpected rise in US producer prices

Dollar slips after unexpected rise in US producer prices

Dollar slips after unexpected rise in US producer prices By Herbert Lash and Joice Alves NEW YORK (Reuters) -The dollar edged lower on..

Morning Bid: Markets eye US CPI and record high

Morning Bid: Markets eye US CPI and record high

Morning Bid: Markets eye US CPI and record high A look at the day ahead in European and global markets from Tom Westbrook Stocks near ..

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 ..