Headlines

US dollar edges lower but up against yen, Aussie

US dollar edges lower but up against yen, Aussie

US dollar edges lower but up against yen, Aussie By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. dollar slipped on Tuesday bu..

Apple unveils new AI-focused chip in upgraded iPad Pro

Apple unveils new AI-focused chip in upgraded iPad Pro

Apple unveils new AI-focused chip in upgraded iPad Pro By Stephen Nellis (Reuters) -Apple unveiled its latest iPad Pro on Tuesday wi..

‘Livestream’ shopping thwarts some high-tech tools to stop fake merch

‘Livestream’ shopping thwarts some high-tech tools to stop fake merch

‘Livestream’ shopping thwarts some high-tech tools to stop fake merch By Arriana McLymore NEW YORK (Reuters) – Livestream shoppi..

UK construction growth hits 14-month high in April, PMI survey shows

UK construction growth hits 14-month high in April, PMI survey shows

UK construction growth hits 14-month high in April, PMI survey shows (Reuters) – British construction companies enjoyed their fa..

UBS shares soar as profit smashes forecasts, share buyback plans affirmed

UBS shares soar as profit smashes forecasts, share buyback plans affirmed

UBS shares soar as profit smashes forecasts, share buyback plans affirmed By Noele Illien ZURICH (Reuters) – UBS on Tuesday repo..

Saudi Aramco maintains $31 billion dividend despite lower Q1 net income

Saudi Aramco maintains $31 billion dividend despite lower Q1 net income

Saudi Aramco maintains $31 billion dividend despite lower Q1 net income By Hadeel Al Sayegh DUBAI (Reuters) -Saudi Arabian state-owned..

People with two copies of a risk gene have genetic form of Alzheimer’s, scientists say

People with two copies of a risk gene have genetic form of Alzheimer’s, scientists say

People with two copies of a risk gene have genetic form of Alzheimer’s, scientists say By Julie Steenhuysen CHICAGO (Reuters) -P..

European shares close at highest in a week; Indra surges

European shares close at highest in a week; Indra surges

European shares close at highest in a week; Indra surges By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed at th..

Microsoft readies new AI model to compete with Google, OpenAI, The Information reports

Microsoft readies new AI model to compete with Google, OpenAI, The Information reports

Microsoft readies new AI model to compete with Google, OpenAI, The Information reports (Reuters) -Microsoft is training a new, in-hous..

Dollar weaker on renewed Fed rate cut hopes; yen wobbles

Dollar weaker on renewed Fed rate cut hopes; yen wobbles

Dollar weaker on renewed Fed rate cut hopes; yen wobbles By Chuck Mikolajczak NEW YORK (Reuters) -The dollar index was lower on Monday..

Global shares gain on rate cut bets; yen weakens

Global shares gain on rate cut bets; yen weakens

Global shares gain on rate cut bets; yen weakens By Herbert Lash and Nell Mackenzie NEW YORK/LONDON (Reuters) -A gauge of global stock..

ECB grows more confident about cutting rates, policymakers say

ECB grows more confident about cutting rates, policymakers say

ECB grows more confident about cutting rates, policymakers say By Balazs Koranyi and Francesco Canepa VILNIUS/FRANKFURT (Reuters) -The..

Swedish central bank to cut key rate this week, Reuters poll shows

Swedish central bank to cut key rate this week, Reuters poll shows

Swedish central bank to cut key rate this week, Reuters poll shows By Simon Johnson STOCKHOLM (Reuters) – Sweden’s central..

Swiss National Bank exploring ways to tokenise financial assets

Swiss National Bank exploring ways to tokenise financial assets

Swiss National Bank exploring ways to tokenise financial assets ZURICH (Reuters) – The Swiss National Bank is examining the best..

Sabadell board meets to consider BBVA’s $13 billion offer, sources say

Sabadell board meets to consider BBVA’s $13 billion offer, sources say

Sabadell board meets to consider BBVA’s $13 billion offer, sources say By Jesús Aguado MADRID (Reuters) -Sabadell’s board ..

World shares climb on Fed cut bets, China gains; yen weakens

World shares climb on Fed cut bets, China gains; yen weakens

World shares climb on Fed cut bets, China gains; yen weakens By Nell Mackenzie and Rae Wee LONDON (Reuters) -U.S. stocks looked to ope..

BioNTech says 90% of 2024 revenues will accrue at end of year

BioNTech says 90% of 2024 revenues will accrue at end of year

FRANKFURT (Reuters) -Germany’s BioNTech, whose COVID-19 vaccine in partnership with Pfizer was widely used during the pandemic, ..

Shares in Spain’s Indra surge after net profit rises 40%

Shares in Spain’s Indra surge after net profit rises 40%

(Reuters) -Shares in Spanish defence and technology firm Indra surged on Monday after its net profit rose 40% to 61 million euros ($66..

Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter

Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter

COPENHAGEN (Reuters) -The disruption to container shipping traffic in the Red Sea is increasing and is expected to reduce the industry..

Westpac raises share buyback by $661 million even as costs and competition bite

Westpac raises share buyback by $661 million even as costs and competition bite

(Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared a special dividend..

Analysis-Traders prep for another round of yen whack-a-mole

Analysis-Traders prep for another round of yen whack-a-mole

LONDON (Reuters) – Japan’s attempts to shore up its currency are putting trading desks across the globe on high alert and ..

Oil edges back towards 7-week low after resilient US jobs data

Oil edges back towards 7-week low after resilient US jobs data

LONDON (Reuters) -Oil edged back towards the previous day’s seven-week low on Thursday, paring earlier gains, after U.S. data po..

Greek summer wildfire threat nears, outpacing plans to contain it

Greek summer wildfire threat nears, outpacing plans to contain it

ATHENS (Reuters) – When firefighters arrived at a blaze in a pine forest on the Greek island of Rhodes last July, flames were al..

Euro zone factory activity takes turn for the worse in April, PMI survey shows

Euro zone factory activity takes turn for the worse in April, PMI survey shows

LONDON (Reuters) -The downturn in manufacturing activity across the euro zone deepened in April due to crumbling demand despite factor..

Sterling gives back some Fed-inspired gains, eyes on local elections

Sterling gives back some Fed-inspired gains, eyes on local elections

LONDON (Reuters) – The British pound slipped against the dollar, having risen the day before after the Federal Reserve’s p..

UK set for weak growth and highest inflation in G7, OECD says

UK set for weak growth and highest inflation in G7, OECD says

LONDON (Reuters) -Britain will suffer some of the lowest rates of economic growth and highest inflation among Group of Seven countries..

European shares struggle for direction in earnings tide, Fed decision

European shares struggle for direction in earnings tide, Fed decision

(Reuters) -European shares flitted in a tight range on Thursday, after falling to a one-week low in early trade, as investors returned..

Greek summer wildfire threat nears, outpacing plans to contain it

Greek summer wildfire threat nears, outpacing plans to contain it

By Angeliki Koutantou ATHENS (Reuters) – When firefighters arrived at a blaze in a pine forest on the Greek island of Rhodes las..

Garmin’s Q1 results beat on strong demand for fitness, auto products

Garmin’s Q1 results beat on strong demand for fitness, auto products

(Reuters) -Garmin topped Wall Street estimates for first-quarter results on Wednesday as the Swiss navigation device maker benefited f..

Stocks, dollar dip after data with eyes on Fed

Stocks, dollar dip after data with eyes on Fed

NEW YORK (Reuters) – A gauge of global stocks declined for the first time in three sessions on Wednesday while the dollar dipped..

Apple set for big sales decline as investors await AI in iPhones

Apple set for big sales decline as investors await AI in iPhones

(Reuters) – Apple’s plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will b..

Sterling holds steady as markets await Fed decision

Sterling holds steady as markets await Fed decision

LONDON (Reuters) – The pound held steady on Wednesday as traders waited for the Federal Reserve’s interest rate decision l..

GSK raises profit outlook on strong vaccine, HIV drug sales

GSK raises profit outlook on strong vaccine, HIV drug sales

(Reuters) -GSK raised its full-year profit forecast on Wednesday on strong demand for its common respiratory vaccine and specialty HIV..

AI fuels cloud computing boom for tech giants

AI fuels cloud computing boom for tech giants

(Reuters) – Three of the Wall Street’s heavyweight technology firms have reported better-than-expected sales at their cl..

Britain’s Next keeps profit guidance after first-quarter sales rise

Britain’s Next keeps profit guidance after first-quarter sales rise

LONDON (Reuters) -British clothing retailer Next on Wednesday kept its forecast for annual profit after reporting a 5.7% rise in first..

US spending on London real estate rebounds to highest in eight years

US spending on London real estate rebounds to highest in eight years

LONDON (Reuters) – U.S. investors are buying up London commercial property at the fastest rate in eight years, data compiled by ..

Extreme heat shuts schools for millions, widening learning gaps worldwide

Extreme heat shuts schools for millions, widening learning gaps worldwide

(Reuters) -Hena Khan, a grade nine student in Dhaka, has struggled to focus on her studies this week as temperatures surpassed 43 degr..