Exclusive-Samsung Electronics says it is not interested in spinning off foundry business
By Neil Jerome Morales and Heekyong Yang MANILA/SEOUL (Reuters) – Samsung Electronics is not interested in spinning off i..
Business
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Pfizer wins bid to invalidate GSK’s patents over RSV vaccine
LONDON (Reuters) – Pfizer on Monday won a bid in a London court to invalidate two of GSK’s patents relating to a re..
Headlines
Manchester-based mobile network sees unprecedented growth and attracts major investment.
With over 45% of adults in the UK struggling to manage their domestic bills and credit commitments, millions are left without access t..
Investment
Italgas sees double-digit income growth to 2030, ups minimum dividend rise
By Francesca Landini and Cristina Carlevaro MILAN (Reuters) -Italy’s biggest gas distributor Italgas expects double-digit..
Headlines
Adani Group in talks to buy Heidelberg’s Indian cement operations, paper says
BENGALURU (Reuters) -The Adani Group is in talks to buy the Indian cement operations of Germany’s Heidelberg Materials in..
Business
Japan leads Asia stock rally, dollar firms after blowout US payrolls
By Kevin Buckland TOKYO (Reuters) – Asian stocks rallied and the dollar reached a fresh seven-week peak on the yen on Mon..
Business
Factbox-2024 Nobel prizes announced this week
STOCKHOLM (Reuters) – The Nobel prizes are to be announced this week, starting with the award for medicine or physiology ..
Headlines
Soccer-Beleaguered Man United battle to 0-0 draw at Villa
BIRMINGHAM, England (Reuters) -Manchester United ground out a 0-0 draw at Aston Villa on Sunday with the club suffering their w..
Business
UK pay growth weakest since February 2021, REC survey show
LONDON (Reuters) – Britain’s jobs market showed more signs of cooling in September as pay growth increased at the s..
Headlines
ECB will probably cut rates in Oct on risk of too low inflation: Villeroy
FRANKFURT (Reuters) – The European Central Bank will probably cut interest rates on Oct 17 as economic growth is weak and..
Headlines
How To Get Started With Algorithmic Trading
There are several key steps to getting started with algo trading. Notably, algo trading creates opportunities to capitalize on market ..
Investment
Dollar hovers near six-week high ahead of US jobs report; sterling attempts recovery
By Ankur Banerjee and Medha Singh SINGAPORE/LODNON (Reuters) – The dollar hovered near a six-week high on Friday ahead of..
Headlines
Bayer sees Intacta2 Xtend GMO seed covering 30% of Brazil’s soybeans
SAO PAULO (Reuters) – Germany’s Bayer forecasts that some 30% of Brazil’s soybean area will be sowed with its..
Headlines
England’s NHS to offer Lilly’s weight-loss drug to some patients
(Reuters) – England’s National Health Services will offer Eli Lilly’s weight-loss drug to nearly a quarter mi..
News
Telecom Italia board to meet Friday over bid for Sparkle unit, sources say
MILAN (Reuters) – Telecom Italia (TIM) will hold a board meeting on Friday over a 700 million euro ($772 million) non-bin..
Headlines
Exclusive-Germany to vote against EU tariffs on Chinese electric vehicles, sources say
By Andreas Rinke FRANKFURT (Reuters) -Germany on Friday will vote against the introduction of European Union tariffs on Chinese..
Headlines
Sabadell CEO says 2024 full-year profit could top 1.6 billion euros
MADRID (Reuters) – The CEO of Spain’s Sabadell, Cesar Gonzalez-Bueno, on Thursday said the bank could earn more tha..
Headlines
Exclusive-Online retailer Shein to hold roadshows soon ahead of London IPO, sources say
By Julie Zhu, Amy-Jo Crowley and Hadeel Al Sayegh HONG KONG/LONDON (Reuters) – Shein is set to hold informal investor meetings i..
Business
SWIFT to trial live digital currency transactions next year
By Alun John LONDON (Reuters) – Global bank messaging network SWIFT will trial live transactions of tokenised assets and digital..
Headlines
Levi Strauss shares fall on weak holiday-quarter forecast
(Reuters) – Levi Strauss’ shares fell about 7% on Thursday after a tepid forecast for holiday-quarter revenue underscored ..
Business
Stocks lose ground, oil extends gains amid Middle East tension
By Iain Withers and Chibuike Oguh NEW YORK/LONDON (Reuters) – Global stocks fell on Thursday, weighed down by tepid trading in e..
Investment
Britain’s Tesco lifts profit outlook after strong first half
By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, lifted its annual profit forecast on Thursday after..
Business
Bob Chitrathorn: The Finance Specialist Staying Ahead of the Curve
Financial planning is often perceived as an intimidating topic at large. Each individual wants to be in a sound financial position for..
Finance
Britain’s Tesco lifts annual profit forecast after strong first half
By James Davey LONDON (Reuters) -Tesco, Britain’s biggest supermarket group, lifted its annual profit forecast on Thursda..
Business
Morning Bid: PMIs to pave the way for rate cuts
A look at the day ahead in European and global markets from Stella Qiu Services PMIs due across Europe on Thursday are likely t..
Headlines
Asian shares retreat from 32-month top, Japan rallies as rate risk eases
By Stella Qiu SYDNEY (Reuters) -Asian shares retreated from a 32-month peak on Thursday as the sizzling rally in Hong Kong took..
Finance
Britain proposes new powers for banks in fight against fraudsters
LONDON (Reuters) – Britain is giving banks enhanced new powers to delay and investigate suspicious payments in a bid to s..
Finance
Microsoft to make $4.8 billion AI, cloud investment in Italy
MILAN (Reuters) – Microsoft plans to invest 4.3 billion euros ($4.8 billion) over the next two years to strengthen its ar..
Headlines
France to stick with wind power development targets
PARIS (Reuters) – France is aiming for a target growth rate of 1.5 gigawatts (GW) per year in onshore wind power, Energy ministe..
Headlines
Stocks stable, oil rises as wary investors eye Middle East hostilities
By Sinéad Carew, Lawrence White NEW YORK/ LONDON (Reuters) -MSCI’s global equities index was up very slightly on Wednesday whi..
Investment
ECB’s top conservative shifts tone with sanguine inflation message
FRANKFURT (Reuters) -Euro zone inflation is increasingly likely to ease back to the European Central Bank’s 2% target on a durab..
Headlines
Dollar gains as ADP shows better than expected jobs gains
By Karen Brettell NEW YORK (Reuters) – The dollar hit a three-week high against the euro on Wednesday after the ADP national e..
Finance
Euro area long-dated yields rise after sharp drop, geopolitics in focus
By Stefano Rebaudo (Reuters) – Euro area government bond yields rose on Wednesday, a day after long-dated yields posted their ..
Business
LME monitors tightness in aluminium market after spike in spread
By Eric Onstad LONDON (Reuters) – The London Metal Exchange (LME) is tracking tightness in the aluminium market, which has see..
Headlines
Sainsbury’s boss looks to UK budget to lift spending gloom
By James Davey COBHAM, England (Reuters) – Britons bruised by a cost of living crisis will not start spending strongly again unt..
Business
Big oil’s big payouts under strain as energy prices fall
By Ron Bousso LONDON (Reuters) – Major energy companies are set to borrow billions to maintain shareholder payouts or cut the ra..
Headlines
Bonds rally, dollar firms as traders ponder rate cuts
By Yoruk Bahceli (Reuters) -Government bonds rallied on Tuesday as euro zone inflation data boosted the case for faster European Centr..
Finance