Headlines

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-house AI language model large enough to ..

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 for a ..

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 stoc..

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 European Cen..

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 bank will cut it..

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 way that fina..

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 was meeting on Monday to d..

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 open higher o..

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

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

By Ludwig Burger FRANKFURT (Reuters) -Germany’s BioNTech, whose COVID-19 vacc..

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

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

By Matteo Allievi (Reuters) -Shares in Spanish defence and technology firm Indra sur..

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

By Sameer Manekar (Reuters) -Australian bank Westpac raised its share repurchase pr..

Analysis-Apple has big AI ambitions – at a lower cost than its rivals

Analysis-Apple has big AI ambitions – at a lower cost than its rivals

By Stephen Nellis (Reuters) -For most of the past year and a half, Apple Chief Exec..

Sterling shrugs off local election to focus on US payrolls data

Sterling shrugs off local election to focus on US payrolls data

By Joice Alves LONDON (Reuters) – Sterling rose on Friday against a weakening ..

Global equity funds attract robust weekly inflows, led by Asia

Global equity funds attract robust weekly inflows, led by Asia

(Reuters) – Global equity funds experienced renewed interest from investors in..

Oil prices set for steepest weekly drop in three months

Oil prices set for steepest weekly drop in three months

By Ahmad Ghaddar and Deep Kaushik Vakil LONDON (Reuters) -Oil prices steadied on Fri..

Dollar drops as employers add fewer jobs than expected in April

Dollar drops as employers add fewer jobs than expected in April

By Karen Brettell NEW YORK (Reuters) – The dollar fell to a three-week low aga..

Stocks jump, yields fall on hopes U.S. labor tightness ebbing

Stocks jump, yields fall on hopes U.S. labor tightness ebbing

By Alden Bentley and Huw Jones NEW YORK/LONDON (Reuters) -Wall Street followed glob..

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

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

By Amanda Cooper and Dhara Ranasinghe LONDON (Reuters) – Japan’s attemp..

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

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

By Robert Harvey and Deep Kaushik Vakil LONDON (Reuters) -Oil edged back towards th..

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..

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

By Jonathan Cable LONDON (Reuters) -The downturn in manufacturing activity across t..

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 dolla..

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 eco..

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, af..

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 Wednesda..

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 fo..

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 iPh..

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 tr..

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 o..

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 te..

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 i..

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 commer..

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,..

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 slight..

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 slight..

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 ..

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 commerc..