India cenbank moves 100 tons of gold from UK to domestic vaults, TOI reports
BENGALURU (Reuters) – India’s central bank has moved a little more than 100 metric tons of gold from the UK to its domest..
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Stocks regain some ground, bonds steady after rate angst sell-off
By Samuel Indyk and Rae Wee LONDON (Reuters) -European stocks edged higher on Thursday as bonds regained some ground after a sell-off..
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Britain’s creaking power grid leaves green energy revolution adrift
By Paul Sandle and Kate Holton PORTSMOUTH, England (Reuters) – British ferry operator Wightlink wants to order a $60 million, s..
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Battle over power pylons highlights Britain’s net zero challenge
By Elizabeth Piper WAVENEY VALLEY, England (Reuters) – Dot Matthie says she faces losing the use of the airstrip in her field b..
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Dollar trades around two-week high as U.S. bond yields surge
(Corrects days of 0.5% falls in paragraphs four and 11 to Wednesday, from Tuesday) By Harry Robertson and Kevin Buckland LONDON/TOKYO..
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Birkenstock raises annual revenue forecast on strong footwear demand
(Reuters) – Birkenstock raised its annual revenue forecast on Thursday, as the German sandal maker bets on benefits from full-p..
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Italy April jobless rate falls to 6.9%, lowest since 2008
ROME (Reuters) – Italy’s unemployment rate declined to 6.9% in April from a downwardly revised 7.1% the month before, dat..
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Brookfield enters deal to buy France’s Neoen for $6.6 billion
(Reuters) -Canada’s Brookfield said on Thursday that it, together with Brookfield Renewable Partners and Singapore’s Tema..
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Sneaker maker Golden Goose aims to list in Milan in June
MILAN (Reuters) – Italian luxury sneaker brand Golden Goose said on Thursday it aims to list on Milan’s Euronext in June...
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Airline SAS posts bigger Q2 loss, eyes end to restructuring
(Reuters) – Scandinavian airline SAS posted a bigger pretax loss for its fiscal second quarter compared to a year earlier and s..
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German inflation higher than expected ahead of ECB rates decision
By Rachel More BERLIN (Reuters) -German inflation rose slightly more than forecast to 2.8% in May, although economists said an increas..
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Global unemployment to slightly fall in 2024, UN labour body says
By Matteo Allievi (Reuters) -The global unemployment rate is expected to fall slightly to 4.9% this year from 5.0% in 2023, even as in..
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China’s Geely to launch hybrids with more fuel-efficient engines
SHANGHAI (Reuters) – China’s Geely Holding Group on Wednesday said it would launch a series of hybrid models in the first ..
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German consumer sentiment recovers further heading into June
BERLIN (Reuters) – German consumer sentiment improved for the fourth month in a row heading into June as the outlook brightened ..
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Uber to offer Seine cruises, day trips in Paris during Olympics rush
(Reuters) – Uber Technologies unveiled a raft of measures on Wednesday, including a tie-up to offer cruises on the Seine river a..
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BYD unveils new hybrid tech as battle with gasoline rivals heats up
SHANGHAI (Reuters) -China’s BYD launched on Tuesday the latest version of a plug-in hybrid technology that improves fuel and cos..
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Hess shareholders sign off on $53 billion sale to Chevron
By Sabrina Valle HOUSTON (Reuters) -Hess shareholders on Tuesday approved the proposed $53 billion merger with Chevron that paves the ..
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Global equity index dips as investors await inflation prints
By Sinéad Carew and Alun John NEW YORK/LONDON (Reuters) -A global equities gauge fell slightly on Tuesday while U.S. indexes were a ..
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Dollar slips ahead of data, set for first monthly drop in 2024
By Stefano Rebaudo (Reuters) -The dollar eased against most currencies on Tuesday ahead of key U.S. and euro zone inflation data later..
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What is OPEC+ and how does it affect oil prices?
DUBAI (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectivel..
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Oil edges higher after inflation gloom hit prices
By Robert Harvey LONDON (Reuters) – Oil prices crept higher on Friday, having been under pressure from lingering concerns that s..
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Dollar holds firm as traders trim US rate cut bets
By Tom Westbrook and Amanda Cooper SINGAPORE/LONDON (Reuters) – The dollar was set for its largest weekly rise in a month-and-a-..
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Wall St rallies, Treasury yields steady ahead of holiday weekend
By Stephen Culp NEW YORK (Reuters) – Wall Street rebounded and Treasury yields paused in the wake of upbeat economic data on Fri..
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UK commercial property values stabilising despite offices drag, says British Land
By Iain Withers and Aby Jose Koilparambil LONDON (Reuters) -Landlord British Land said UK commercial property values have begun to sta..
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Stellantis CEO: electric vehicle tariffs are a trap
By Joseph White and Christoph Steitz MUNICH (Reuters) -Stellantis expects a major battle with Chinese rivals in the European market ..
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Analysis-Europe stock pickers go old-school to ride the next wave in AI
By Lucy Raitano LONDON (Reuters) – European stock pickers are turning to more established sectors like utilities, professional..
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European shares to hit pause before rising again in 2025: Reuters poll
By Danilo Masoni and Samuel Indyk MILAN (Reuters) – A record-breaking run in European shares has made them more vulnerable to po..
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Stocks stumble on inflation jitters, offsetting high Nvidia hopes
By Tom Wilson LONDON (Reuters) -Shares fell on Wednesday as stronger-than-expected inflation in Britain offset hopes that AI-heavyweig..
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UK inflation pressure stays hot, dashing hopes for June rate cut
By Andy Bruce and Suban Abdulla LONDON (Reuters) -Inflation in Britain eased less than expected and a key core measure of prices barel..
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Dollar up as traders await Fed clues; sterling rises
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against the euro on Wednesday as investors awaited Federal Reserve meeting mi..
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US dollar dips vs yen after Fed’s Waller rules out rate hikes again
By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK/MILAN (Reuters) – The U.S. dollar slipped against the yen on Tuesday i..
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Sterling steady ahead of expected drop in inflation
By Harry Robertson LONDON (Reuters) – The pound held steady on Monday as markets waited for April inflation data later in the we..
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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..
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Italy’s large deficit, debt could erode investor confidence, IMF warns
By Giuseppe Fonte ROME (Reuters) – Italy’s huge budget deficit and debt along with delays in spending post-COVID EU funds ..
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Wall St, world stocks advance, metals shine
By Stephen Culp NEW YORK (Reuters) -U.S. stocks followed the example of their European counterparts, gaining ground on Monday while go..
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European shares eke out gains amid interest rate uncertainty
By Sruthi Shankar and Johann M Cherian (Reuters) -European shares ended marginally higher on Monday, with defence stocks in the lead,..
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Dollar firm as investors await Fed guidance
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar was firm against the euro on Monday as investors awaited further clues to help th..
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