Headlines

Prosus, parent group Naspers name Fabricio Bloisi as new CEO

Prosus, parent group Naspers name Fabricio Bloisi as new CEO

(Reuters) -Dutch technology investor Prosus and its South African parent group Nasp..

Oil prices rise after US economic data raises rate cut expectations

Oil prices rise after US economic data raises rate cut expectations

By Laila Kearney NEW YORK (Reuters) -Oil futures rose on Thursday on a stabilizing ..

Dollar rebounds on hot US import prices

Dollar rebounds on hot US import prices

By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar rose on Th..

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%

By Maria Martinez BERLIN (Reuters) -Germany’s council of tax experts cut thei..

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

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

By Maria Martinez BERLIN (Reuters) – High energy costs, weak global demand, a..

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 second-quarter ea..

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 ..

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 American has suspended ..

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 2024 profit forecas..

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 still ..

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, after fresh U...

King Charles unveils his first portrait since coronation

King Charles unveils his first portrait since coronation

LONDON (Reuters) -Britain’s King Charles on Tuesday unveiled the first officia..

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 sporting succes..

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 LONDON/MILAN (Reuters) – The euro has res..

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 Ireland, h..

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 expected,..

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 shares mark..

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) – Italy’s ruling coal..

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 Tuesda..

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 ne..

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 neared record..

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 their final ..

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 wo..

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 Monday as ga..

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 direction on Mon..

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 financiers who gathered in Los Angeles ..

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 Group swung to a net ..

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 Germany in 20..

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 would inv..

UK’s Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions

UK’s Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions

(This May 10 story has been corrected to say ‘revenue per advertiser’ f..

Microsoft to invest 4 billion euros in France

Microsoft to invest 4 billion euros in France

PARIS (Reuters) – Technology and software giant Microsoft will invest 4 billio..

Floods kill 37 in Indonesia’s West Sumatra, 17 missing

Floods kill 37 in Indonesia’s West Sumatra, 17 missing

TANAH DATAR (Reuters) – Flash floods and mud slides in Indonesia’s West ..

Currency market calm as US inflation data holds focus this week

Currency market calm as US inflation data holds focus this week

By Brigid Riley TOKYO (Reuters) – Major currencies were steady on Monday with ..

UK employers plan 4% pay rises in coming year, survey shows

UK employers plan 4% pay rises in coming year, survey shows

By Suban Abdulla LONDON (Reuters) – British employers expect to raise wages by..

Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability

Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability

PARIS (Reuters) -Novavax on Friday erased doubts about its ability to remain in bus..

Retailer Lidl UK raises staff pay for third time in 12 months

Retailer Lidl UK raises staff pay for third time in 12 months

LONDON (Reuters) – The British arm of German supermarket group Lidl said it w..

Honda sees full-year profit rising 2.8%

Honda sees full-year profit rising 2.8%

TOKYO (Reuters) – Japan’s Honda Motor Co forecast a 2.8% rise in operati..