Headlines

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 fi..

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..

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, f..

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..

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 Gener..

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, repo..

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..

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 cutti..

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..

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 ..

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 t..

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 growt..

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..

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 K..

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..

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 trave..

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&#..

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 Wed..

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..

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..

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 economie..

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 ..

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 ener..

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..

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 of..

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 Monda..

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 e..

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 milli..

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 techno..

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 agre..

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 enfor..

Recruiter PageGroup’s quarterly profit slumps 13% as hiring remains subdued

Recruiter PageGroup’s quarterly profit slumps 13% as hiring remains subdued

(Reuters) – UK’s PageGroup reported on Monday a nearly 13% drop in group..

Home improvement retailer Kingfisher names Claudia Arney as new chair

Home improvement retailer Kingfisher names Claudia Arney as new chair

LONDON (Reuters) – European home improvement retailer Kingfisher said on Monda..

Analysis-Europe stands firm against US-driven ESG backlash

Analysis-Europe stands firm against US-driven ESG backlash

By Simon Jessop, Ross Kerber and Isla Binnie (Reuters) – Steady investor deman..

ECB holds rates, signals rate cut on horizon

ECB holds rates, signals rate cut on horizon

LONDON (Reuters) -The European Central Bank kept interest rates unchanged on Thurs..

Oil prices edge up on escalation in Middle East tensions

Oil prices edge up on escalation in Middle East tensions

By Emily Chow SINGAPORE (Reuters) -Oil prices ticked up during trade on Thursday, af..

Paris Olympics on track to hit NBC ad sales record after pandemic

Paris Olympics on track to hit NBC ad sales record after pandemic

By Sheila Dang (Reuters) – As the July opening ceremony for the 2024 Paris ..