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

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

By Samuel Indyk LONDON (Reuters) – The British pound slipped against the dollar, having risen the day before after the Federal R..

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

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

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

European shares struggle for direction in earnings tide, Fed decision

European shares struggle for direction in earnings tide, Fed decision

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

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

By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks declined for the first time in three sessions on Wednesday wh..

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

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

By Yuvraj Malik (Reuters) – Apple’s plan to add generative AI to its iPhones and revive sagging sales in the crucial Chine..

Sterling holds steady as markets await Fed decision

Sterling holds steady as markets await Fed decision

By Harry Robertson LONDON (Reuters) – The pound held steady on Wednesday as traders waited for the Federal Reserve’s inter..

GSK raises profit outlook on strong vaccine, HIV drug sales

GSK raises profit outlook on strong vaccine, HIV drug sales

By Eva Mathews and Maggie Fick (Reuters) -GSK raised its full-year profit forecast on Wednesday on strong demand for its common respir..

AI fuels cloud computing boom for tech giants

AI fuels cloud computing boom for tech giants

By Yuvraj Malik (Reuters) – Three of the Wall Street’s heavyweight technology firms have reported better-than-expected ..

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

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

By James Davey LONDON (Reuters) -British clothing retailer Next on Wednesday kept its forecast for annual profit after reporting a 5...

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

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

By Iain Withers LONDON (Reuters) – U.S. investors are buying up London commercial property at the fastest rate in eight years, ..

Extreme heat shuts schools for millions, widening learning gaps worldwide

Extreme heat shuts schools for millions, widening learning gaps worldwide

By Gloria Dickie and Ruma Paul (Reuters) -Hena Khan, a grade nine student in Dhaka, has struggled to focus on her studies this week a..

Sensodyne-maker Haleon posts tepid sales as demand for some products cool off

Sensodyne-maker Haleon posts tepid sales as demand for some products cool off

(Reuters) -Consumer healthcare company Haleon reported first-quarter revenue slightly below market estimates on Wednesday, as volumes..

Sensodyne-maker Haleon posts tepid sales as demand for some products cool off

Sensodyne-maker Haleon posts tepid sales as demand for some products cool off

(Reuters) -Consumer healthcare company Haleon reported first-quarter revenue slightly below market estimates on Wednesday, as volumes..

Investors scour the globe for shelter as Wall Street shakes

Investors scour the globe for shelter as Wall Street shakes

By Naomi Rovnick LONDON (Reuters) – Global investors are eyeing European and emerging market assets to protect themselves from ..

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

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

By Iain Withers LONDON (Reuters) – U.S. investors are buying up London commercial property at the fastest rate in eight years, d..

Microsoft to open first regional data centre in Thailand

Microsoft to open first regional data centre in Thailand

BANGKOK (Reuters) -Microsoft will open its first regional data centre in Thailand, the tech giant said on Wednesday, as it looks to bo..

McDonald’s posts rare profit miss as customers turn picky

McDonald’s posts rare profit miss as customers turn picky

By Savyata Mishra (Reuters) -McDonald’s missed quarterly profit estimates for the first time in two years as budget-conscious co..

Euro zone inflation steady in April, reinforcing ECB rate cut case

Euro zone inflation steady in April, reinforcing ECB rate cut case

FRANKFURT (Reuters) – Euro zone inflation held steady as expected in April but a crucial indicator on underlying price pressures..

Global banking regulators target mismanagement in handling risks from clients

Global banking regulators target mismanagement in handling risks from clients

By Huw Jones LONDON (Reuters) – Global banking regulators on Tuesday proposed stricter standards for banks when assessing risks ..

Bank of England tweaks lifetime loss estimate for QE programme

Bank of England tweaks lifetime loss estimate for QE programme

By Andy Bruce (Reuters) – The Bank of England on Tuesday tweaked its estimates for the overall losses made by its quantitative e..

Coca-Cola bets on pricey sodas, international demand to lift annual sales forecast

Coca-Cola bets on pricey sodas, international demand to lift annual sales forecast

By Ananya Mariam Rajesh (Reuters) -Coca-Cola raised its annual organic sales forecast on Tuesday after topping first-quarter results ..

Analysts cut EU carbon price forecasts on 2023 emission slump

Analysts cut EU carbon price forecasts on 2023 emission slump

By Susanna Twidale LONDON (Reuters) – Analysts have cut price forecasts for European Union carbon permits for 2024 to 2026 foll..

Oil down on Middle East talks while investors await Fed meeting

Oil down on Middle East talks while investors await Fed meeting

By Noah Browning and Deep Kaushik Vakil LONDON (Reuters) -Oil edged lower on Tuesday after U.S. data showed healthy crude output and ..

Germany’s struggle to clean up its supply chains has lessons for Europe

Germany’s struggle to clean up its supply chains has lessons for Europe

By Maria Martinez and Riham Alkousaa BERLIN (Reuters) – German engineering company BAUCH makes machines and engine components o..

Smiling King Charles visits cancer centre on his return to public duties

Smiling King Charles visits cancer centre on his return to public duties

LONDON (Reuters) -A smiling and healthy-looking King Charles returned to public duties on Tuesday for the first time since he was dia..

Satellite firm SES to buy Intelsat for $3.1 billion, debt concerns sink shares

Satellite firm SES to buy Intelsat for $3.1 billion, debt concerns sink shares

By Olivier Sorgho (Reuters) – Satellite company SES has agreed to buy Intelsat Holdings for $3.1 billion in a deal that would c..

Cryptoverse: TON takes off on Telegram tie-up

Cryptoverse: TON takes off on Telegram tie-up

By Elizabeth Howcroft (Reuters) – A coin called TON has leapt in value in recent months, with investors betting its integration ..

Quotes: HSBC Chief Executive Quinn announces surprise retirement

Quotes: HSBC Chief Executive Quinn announces surprise retirement

(Reuters) – HSBC said on Tuesday its Chief Executive Noel Quinn will retire – a surprise departure by its hard-nosed lead..

Thailand records nearly 12 million tourists in first four months

Thailand records nearly 12 million tourists in first four months

BANGKOK (Reuters) – Thailand recorded 11.95 million foreign tourist arrivals from the January to April 28 period, its tourism mi..

L’Occitane’s billionaire owner Geiger to take firm private in $1.8 billion deal

L’Occitane’s billionaire owner Geiger to take firm private in $1.8 billion deal

(Reuters) – Hong Kong-listed L’Occitane International’s chairman and controlling shareholder will take the French sk..

Computer parts maker Logitech Q4 sales rise; first positive qtr in over 2 years

Computer parts maker Logitech Q4 sales rise; first positive qtr in over 2 years

ZURICH (Reuters) -Logitech International increased its sales during its fourth quarter, the computer peripherals maker said on Tuesda..

European stocks eke out gains after German inflation data; Deutsche Bank drops

European stocks eke out gains after German inflation data; Deutsche Bank drops

By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed below day highs on Monday after Germany reported higher-than-e..

FTSE 100 extends record streak on company news

FTSE 100 extends record streak on company news

By Pranav Kashyap, Sruthi Shankar and Khushi Singh (Reuters) -Britain’s FTSE 100 extended its record rally for the fifth straig..

Oil falls on Middle East talks, dimming near-term US rate cut hopes

Oil falls on Middle East talks, dimming near-term US rate cut hopes

By Laila Kearney (Reuters) -Oil prices fell by more than $1 a barrel on Monday as Israel-Hamas ceasefire talks in Cairo tempered fear..

ECB’s Knot: increasingly confident about disinflation

ECB’s Knot: increasingly confident about disinflation

FRANKFURT (Reuters) – Euro zone inflation is falling towards 2% and geopolitical stress poses only moderate risks but the Europ..

EU industry group downgrades steel demand forecast for 2024 again

EU industry group downgrades steel demand forecast for 2024 again

LONDON (Reuters) – A European Union industry group on Monday downgraded its 2024 steel demand outlook for the second time in a ..