Reddit targets up to $6.4 billion valuation in much-awaited US IPO
By Niket Nishant, Manya Saini and Echo Wang (Reuters) -Reddit is aiming for a valuation of up to $6.4 billion in its U.S. initial publ..
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Analysis-AI talent war heats up in Europe
By Martin Coulter LONDON (Reuters) – An influx of artificial intelligence (AI) startups is heating up the battle for technical t..
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Gold marches higher as US jobs data boosts bets of early rate cut
By Anjana Anil (Reuters) – Gold prices surged to a fresh record high on Friday as data showing a rise in the U.S. unemployment r..
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Bitcoin rises after rapid climb to new record
By Amanda Cooper and Rae Wee LONDON/SINGAPORE (Reuters) -Bitcoin rallied again on Wednesday in volatile trade, while ether jumped almo..
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Explainer-Olympics-How France plans to use AI to keep Paris 2024 safe
By Juliette Jabkhiro and Julien Pretot PARIS (Reuters) – France tested Artificial Intelligence-driven video surveillance technol..
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Stocks at record highs as US data leaves June Fed cut bet intact
By Alden Bentley and Huw Jones NEW YORK/LONDON (Reuters) -Investors stretched record-breaking stock rallies on Friday and favored U.S...
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In new disclosure, LinkedIn says premium subscriptions bring in $1.7 billion
By Stephen Nellis (Reuters) -LinkedIn on Thursday for the first time disclosed sales for its premium subscription business, saying the..
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Strikes hobble German railways, airports as disputes mount
By Andi Kranz and Stephane Nitschke COLOGNE, Germany (Reuters) – Germany faced strikes on several fronts on Thursday, as train d..
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ECB lays ground for June rate cut as inflation falls
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank kept borrowing costs at record highs on Thursd..
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Bitcoin rises to record high
New York (Reuters) – Bitcoin hit a record high on Tuesday, fueled by investors pouring money into U.S. spot exchange-traded cryp..
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Dollar slips vs euro as data weighs; bitcoin hits new high
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against the euro on Tuesday after data showed U.S. services industry growt..
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Exclusive-UN-backed bank group seeks to avoid departures with new climate guidelines
By Simon Jessop, Isla Binnie and Tommy Wilkes LONDON/NEW YORK (Reuters) – A United Nations-backed alliance of banks is proposing..
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US stocks pull back as bitcoin, gold score record highs
By Stephen Culp NEW YORK (Reuters) -Equity investors in the United States and Europe showed caution on Tuesday while bitcoin and go..
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Cryptoverse: Asian traders give bitcoin blast-off
By Jihoon Lee and Jaspreet Kalra SEOUL/MUMBAI (Reuters) – Bitcoin’s runaway rally is being driven by investors in Asia. Tr..
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Euro zone business activity moves closer to recovery, PMI survey shows
LONDON (Reuters) – Business activity in the euro zone showed signs of recovery last month as the bloc’s dominant services ..
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Aviva re-enters Lloyd’s market with $300 million acquisition
LONDON (Reuters) -British insurer Aviva said on Monday it will re-enter the historic Lloyd’s insurance market with a 242 million..
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Hipgnosis’ songs portfolio valuation falls sharply; extends dividend halt
(Reuters) – The valuation of the songs portfolio owned by Hipgnosis Songs Fund has declined at least by a fifth from five months..
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German perfume retailer Douglas plans $1.2 billion IPO by March end
FRANKFURT(Reuters) – German perfume retailer Douglas said on Monday it will pursue a 1.1 billion euro (about $1.2 billion) initi..
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Swiss National Bank loses $3.6 billion in 2023
ZURICH (Reuters) -The Swiss National Bank posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the central bank..
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Evonik says recovery unlikely in 2024, plans 2,000 job cuts
(Reuters) – German chemicals group Evonik Industries said on Monday it expected no signs of a recovery in 2024 and announced up ..
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Marketmind: Looming event risk can’t stop Nikkei topping 40,000
A look at the day ahead in European and global markets from Wayne Cole. It’s been a largely risk-on start to a week packed with ..
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M&A may breathe new life into Europe’s neglected telecoms
By Danilo Masoni MILAN (Reuters) – A series of potential deals across Europe’s fragmented telecoms industry has put the ba..
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Analysis – G20 optimism on global outlook gives BOJ impetus for early stimulus exit
By Leika Kihara SAO PAULO (Reuters) – The G20 finance leaders’ upbeat take on the global economic outlook will likely giv..
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Oil rises almost 2% as markets await OPEC+ decision
By Robert Harvey LONDON (Reuters) -Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on sup..
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German government needs TikTok, Scholz says, as AfD surges in polls
By Andreas Rinke and Sarah Marsh BERLIN (Reuters) – German Chancellor Olaf Scholz said he wants the government to open an accou..
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China approves plan aimed at spurring investment and spending
BEIJING (Reuters) -China’s cabinet on Friday approved a plan aimed at promoting large-scale equipment upgrades and sales of con..
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Stocks hold at record highs as traders bet on rate cuts
By Naomi Rovnick and Stella Qiu LONDON SYDNEY (Reuters) -Global shares drifted around record highs on Friday after U.S. and euro zone..
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Bpost posts lower 2023 operating profit, does not provide 2024 profit outlook
By Lina Golovnya (Reuters) – Belgian postal operator Bpost, which also distributes newspapers, reported a decline in full-year ..
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Bpost posts lower 2023 operating profit, does not provide 2024 profit outlook
By Lina Golovnya (Reuters) – Belgian postal operator Bpost, which also distributes newspapers, reported a decline in full-year ..
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Strikes bring public transport to near standstill across Germany
BERLIN (Reuters) – Buses, trams and underground trains stood idle across most of Germany on Friday at the culmination of a week..
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Strikes bring public transport to near standstill across Germany
BERLIN (Reuters) – Buses, trams and underground trains stood idle across most of Germany on Friday at the culmination of a week ..
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Rightmove plans to expand non-core businesses; shares fall on customer outlook
By Aby Jose Koilparambil (Reuters) -Property portal Rightmove plans to grow its non-core businesses, such as commercial real estate, ..
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Rightmove plans to expand non-core businesses; shares fall on customer outlook
By Aby Jose Koilparambil (Reuters) -Property portal Rightmove plans to grow its non-core businesses, such as commercial real estate, ..
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M&A may breathe new life into Europe’s neglected telecoms
By Danilo Masoni MILAN (Reuters) – A series of potential deals across Europe’s fragmented telecoms industry has put the ba..
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Acerinox sees steel market improving after 2023 profit more than halves
By Matteo Allievi and Natalia Siniawski (Reuters) -Spanish steelmaker Acerinox said on Thursday it expects demand for steel to start r..
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Equities gain on in-line US inflation, Treasury yields dip
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) -The S&P 500 and Nasdaq closed at record highs and the global equity inde..
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Hewlett Packard Enterprise sees downbeat Q2 revenue on weak networking solutions demand
(Reuters) – Hewlett Packard Enterprise on Thursday forecast second-quarter revenue below Wall Street estimates, as businesses sc..
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