Headlines

Sluggish demand and oversupply sap European diesel markets

Sluggish demand and oversupply sap European diesel markets

By Ahmad Ghaddar and Robert Harvey LONDON (Reuters) – European diesel futures spreads are flashing signs of oversupply and slow..

Headlines

Bank of England looks to shine a light on private equity leverage

Bank of England looks to shine a light on private equity leverage

By Huw Jones LONDON (Reuters) – Regulators need to shine a light on the $8 trillion global private equity sector, as opaque leverage makes it..

Dollar firm as US rates and earnings take center stage

Dollar firm as US rates and earnings take center stage

By Alden Bentley and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar ticked higher against the euro and yen in subdued trade after..

US crude futures climb back into positive territory

US crude futures climb back into positive territory

By Erwin Seba HOUSTON (Reuters) -U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider ..

Equities gain, gold drops as fears of wider Middle East conflict ease

Equities gain, gold drops as fears of wider Middle East conflict ease

By Chris Prentice and Alun John NEW YORK/LONDON (Reuters) -Investors scaled back safe-haven bets on Monday as worries over a wider Mi..

World’s workers increasingly at risk as climate changes, ILO says

World’s workers increasingly at risk as climate changes, ILO says

By Emma Farge GENEVA (Reuters) -More than 70% of the global workforce is exposed to risks linked to climate change that cause hundred..

Hedge fund borrowing hits five-year peak, Goldman Sachs says

Hedge fund borrowing hits five-year peak, Goldman Sachs says

By Nell Mackenzie LONDON (Reuters) – Global hedge fund borrowing rose to a five-year high in the week to April 19, a Goldman Sa..

After VW plant victory, UAW sets its sights on Mercedes in Alabama

After VW plant victory, UAW sets its sights on Mercedes in Alabama

By Nora Eckert CHATTANOOGA, Tennessee (Reuters) – The United Auto Workers has made history by winning its first unionization vo..

London shares rebound as fears of wider Middle East conflict ebb

London shares rebound as fears of wider Middle East conflict ebb

By Pranav Kashyap and Shubham Batra (Reuters) -London stocks gained 1% on Monday, following last week’s sharp selloff, as fears..

UK’s struggling Thames Water proposes spending more on environmental improvements

UK’s struggling Thames Water proposes spending more on environmental improvements

By Sarah Young LONDON (Reuters) -Britain’s Thames Water has proposed spending an additional 1.1 billion pounds ($1.36 billion) ..

Automakers hope for a cut as two-way EV charging becomes real

Automakers hope for a cut as two-way EV charging becomes real

By Nick Carey and Victoria Waldersee LONDON (Reuters) – Automakers from General Motors to Volvo Cars, alongside utilities and c..

UK supermarket Asda says 2023 underlying profit up 24%

UK supermarket Asda says 2023 underlying profit up 24%

LONDON (Reuters) – Asda, Britain’s third biggest supermarket group, reported a 24% rise in annual earnings on Monday that ..

Prince Harry’s privacy case against Murdoch tabloids to proceed as planned

Prince Harry’s privacy case against Murdoch tabloids to proceed as planned

LONDON (Reuters) – Prince Harry’s privacy case has avoided a major delay after London’s High Court rejected an appli..

Scotland ditches 2030 climate target to cut emissions by 75%

Scotland ditches 2030 climate target to cut emissions by 75%

By William James LONDON (Reuters) -Scotland on Thursday scrapped its target of cutting climate-damaging greenhouse gas emissions by 75..

Meta releases early versions of its Llama 3 AI model

Meta releases early versions of its Llama 3 AI model

NEW YORK (Reuters) – Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an imag..

Industrials boost STOXX 600 as earnings season rolls in

Industrials boost STOXX 600 as earnings season rolls in

By Ozan Ergenay, Johann M Cherian and Ankika Biswas (Reuters) -European shares rose on Thursday, boosted by industrials after Swiss en..

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets

Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets

(Reuters) -Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this ye..

Headlines

ABB more confident about 2024 despite China slowdown

ABB more confident about 2024 despite China slowdown

By John Revill ZURICH (Reuters) -ABB expects faster revenue growth in the coming months, with growth in markets such as the United States and India h..

Danone beats first-quarter sales forecasts, keeps 2024 goals

Danone beats first-quarter sales forecasts, keeps 2024 goals

By Dominique Vidalon and Richa Naidu PARIS/LONDON (Reuters) -Danone posted stronger-than-expected quarterly sales on Thursday, with a..

Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown

(This April 16 story has been refiled to correct the grammar in paragraph 6) HONG KONG (Reuters) – Morgan Stanley and HSBC are ..

EU considers bringing emissions removal credits into carbon market

EU considers bringing emissions removal credits into carbon market

By Kate Abnett FLORENCE (Reuters) – The European Union is looking into whether to bring emissions removal credits into its carbo..

Prince Harry says travel industry must do more for local communities

Prince Harry says travel industry must do more for local communities

LONDON (Reuters) – Britain’s Prince Harry said it was crucial the travel industry did better by the local communities in ..

Navigation firm TomTom posts operating loss as auto sales slow

Navigation firm TomTom posts operating loss as auto sales slow

By Gaelle Sheehan and Mathias de Rozario (Reuters) -Digital mapping company TomTom’s operating result turned to a wider-than-exp..

Just Eat Takeaway’s Q1 orders ‘disappoint’, shares fall

Just Eat Takeaway’s Q1 orders ‘disappoint’, shares fall

(Reuters) -Just Eat Takeaway reported first-quarter orders below expectations on Wednesday, sending its shares 5% lower. Favoured by i..

LVMH shares rise after luxury giant’s Q1 sales offer element of reassurance

LVMH shares rise after luxury giant’s Q1 sales offer element of reassurance

PARIS (Reuters) – LVMH shares rose on Wednesday, after the first quarter sales figures from the world’s largest luxury gro..

UK inflation slows by less than expected to 3.2% in March

UK inflation slows by less than expected to 3.2% in March

LONDON (Reuters) -British consumer price inflation slowed by less than expected to a two-and-a-half-year low of 3.2% in annual terms i..

Analysis-Painful high rates wake-up call threatens global markets

Analysis-Painful high rates wake-up call threatens global markets

By Naomi Rovnick LONDON (Reuters) – Fear that interest rates in major economies will stay relatively high is creeping back and t..

Superdry plans to go private as it kicks off three-year turnaround plan

Superdry plans to go private as it kicks off three-year turnaround plan

(Reuters) -British fashion chain Superdry announced a three-year restructuring plan on Tuesday and said a fund raising backed by its C..

Jaguar develops energy-storage unit using Range Rover batteries

Jaguar develops energy-storage unit using Range Rover batteries

By Nick Carey LONDON (Reuters) – Jaguar Land Rover has developed a mobile energy storage unit for sale in partnership with UK st..

Swiss chemicals maker Sika posts 13.8% jump in Q1 sales

Swiss chemicals maker Sika posts 13.8% jump in Q1 sales

(Reuters) -Swiss chemicals maker Sika AG on Tuesday reported a 13.8% increase in its first-quarter sales and confirmed its outlook for..

Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views

Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views

By Lewis Krauskopf and Naomi Rovnick NEW YORK/LONDON (Reuters) -U.S. stocks sold off sharply on Friday while the dollar jumped as inv..

Oil slips as risk premium eases after Iran attack

Oil slips as risk premium eases after Iran attack

By Laila Kearney NEW YORK (Reuters) -Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel prov..

Dollar jumps, yen weakest since 1990 after strong U.S. retail sales

Dollar jumps, yen weakest since 1990 after strong U.S. retail sales

By Karen Brettell NEW YORK (Reuters) – The dollar reached its highest since early November against a basket of currencies on Mo..

Greece to spend 780 million euros to protect marine biodiversity, PM says

Greece to spend 780 million euros to protect marine biodiversity, PM says

ATHENS (Reuters) – Greece is pushing ahead with 21 initiatives worth 780 million euros ($830.9 million) to protect marine biodiv..

UK fintechs ask government for help to ease capital shortages

UK fintechs ask government for help to ease capital shortages

By Elizabeth Howcroft LONDON (Reuters) -Leaders of the UK’s financial technology industry are urging the British government to..

BNP Paribas to become top investor in Belgian insurer Ageas

BNP Paribas to become top investor in Belgian insurer Ageas

PARIS/HONG KONG (Reuters) -BNP Paribas, the euro zone’s biggest bank, has agreed to buy a 9% stake in the Belgian insurer Ageas ..

Hungary to consider fuel price intervention, says economy minister

Hungary to consider fuel price intervention, says economy minister

BUDAPEST (Reuters) – Hungary’s government will consider whether to enforce lower fuel prices after a review by the Central..