Westpac raises share buyback by $661 million even as costs and competition bite
By Sameer Manekar (Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared ..
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Spain abolishes national bullfighting award in cultural shift
MADRID (Reuters) – Spain scrapped an annual bullfighting award on Friday, prompting a rebuke from conservatives over a backlash ..
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Oil prices set for steepest weekly drop in three months
By Ahmad Ghaddar and Deep Kaushik Vakil LONDON (Reuters) -Oil prices steadied on Friday after weaker-than-expected U.S. jobs data, but..
Investment
Global equity funds attract robust weekly inflows, led by Asia
(Reuters) – Global equity funds experienced renewed interest from investors in the seven days through May 1, buoyed by a surge i..
Investment
Sterling shrugs off local election to focus on US payrolls data
By Joice Alves LONDON (Reuters) – Sterling rose on Friday against a weakening dollar ahead of U.S. jobs data due later in the da..
Investment
Analysis-Apple aims to tell an AI story without AI bills
By Stephen Nellis (Reuters) – For most of the past year and a half, Apple Chief Executive Tim Cook has fielded questions from Wa..
Headlines
Rethinking our approach to neurodiversity in the workplace
By Dr. Nancy Doyle, Chief Science Office, Genius Withiin Businesses are panicking about neurodiversity. The volume of employees who id..
Business
Analysis-Traders prep for another round of yen whack-a-mole
LONDON (Reuters) – Japan’s attempts to shore up its currency are putting trading desks across the globe on high alert and ..
Headlines
Oil edges back towards 7-week low after resilient US jobs data
LONDON (Reuters) -Oil edged back towards the previous day’s seven-week low on Thursday, paring earlier gains, after U.S. data po..
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Greek summer wildfire threat nears, outpacing plans to contain it
By Angeliki Koutantou ATHENS (Reuters) – When firefighters arrived at a blaze in a pine forest on the Greek island of Rhodes las..
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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 the euro zone deepened in April due to crumbling dem..
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Sterling gives back some Fed-inspired gains, eyes on local elections
By Samuel Indyk LONDON (Reuters) – The British pound slipped against the dollar, having risen the day before after the Federal R..
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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 economic growth and highest inflation among Group of S..
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European shares struggle for direction in earnings tide, Fed decision
By Ankika Biswas (Reuters) -European shares flitted in a tight range on Thursday, after falling to a one-week low in early trade, as i..
Headlines
ING announces share buyback, quarterly net interest income falls
By Diana Mandia and Matteo Allievi (Reuters) -ING Groep announced on Thursday a 2.5 billion euro share buyback following what the Dutc..
Investment
Bayer’s Monsanto wins reversal of $185 million PCBs verdict in Washington court
By Clark Mindock (Reuters) -A Washington state appeals court overturned on Wednesday a $185 million verdict against Bayer’s Mons..
News
Pandora raises revenue forecast as US sales sparkle
By Isabelle Yr Carlsson and Helen Reid COPENHAGEN (Reuters) -Pandora, the world’s largest jewellery maker, raised its full-year ..
Investment
Greek summer wildfire threat nears, outpacing plans to contain it
By Angeliki Koutantou ATHENS (Reuters) – When firefighters arrived at a blaze in a pine forest on the Greek island of Rhodes las..
Headlines
Bank of England readies its rates steer as investors cool on cuts
By William Schomberg LONDON (Reuters) -The Bank of England must decide next week whether to update its message about when it might cut..
Finance
Garmin’s Q1 results beat on strong demand for fitness, auto products
(Reuters) -Garmin topped Wall Street estimates for first-quarter results on Wednesday as the Swiss navigation device maker benefited f..
Headlines
Stocks, dollar dip after data with eyes on Fed
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks declined for the first time in three sessions on Wednesday wh..
Headlines
If businesses want to maximise AI investments, data is the beginning
By: Kirsty Biddscombe, EMEA Business Lead AI, ML & Data Analytics at NetApp Artificial intelligence has been dominatin..
Investment
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 iPhones and revive sagging sales in the crucial Chine..
Headlines
Sterling holds steady as markets await Fed decision
By Harry Robertson LONDON (Reuters) – The pound held steady on Wednesday as traders waited for the Federal Reserve’s inter..
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GSK raises profit outlook on strong vaccine, HIV drug sales
By Eva Mathews and Maggie Fick (Reuters) -GSK raised its full-year profit forecast on Wednesday on strong demand for its common respir..
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AI fuels cloud computing boom for tech giants
By Yuvraj Malik (Reuters) – Three of the Wall Street’s heavyweight technology firms have reported better-than-expected s..
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Britain’s Next keeps profit guidance after first-quarter sales rise
By James Davey LONDON (Reuters) -British clothing retailer Next on Wednesday kept its forecast for annual profit after reporting a 5.7..
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US spending on London real estate rebounds to highest in eight years
By Iain Withers LONDON (Reuters) – U.S. investors are buying up London commercial property at the fastest rate in eight years, d..
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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, has struggled to focus on her studies this week as..
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Sensodyne-maker Haleon posts tepid sales as demand for some products cool off
(Reuters) -Consumer healthcare company Haleon reported first-quarter revenue slightly below market estimates on Wednesday, as volumes ..
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Investors scour the globe for shelter as Wall Street shakes
By Naomi Rovnick LONDON (Reuters) – Global investors are eyeing European and emerging market assets to protect themselves from f..
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US spending on London real estate rebounds to highest in eight years
LONDON (Reuters) – U.S. investors are buying up London commercial property at the fastest rate in eight years, data compiled by ..
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Microsoft to open first regional data centre in Thailand
BANGKOK (Reuters) -Microsoft will open its first regional data centre in Thailand, the tech giant said on Wednesday, as it looks to bo..
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McDonald’s posts rare profit miss as customers turn picky
By Savyata Mishra (Reuters) -McDonald’s missed quarterly profit estimates for the first time in two years as budget-conscious co..
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Euro zone inflation steady in April, reinforcing ECB rate cut case
FRANKFURT (Reuters) – Euro zone inflation held steady as expected in April but a crucial indicator on underlying price pressures..
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Global banking regulators target mismanagement in handling risks from clients
By Huw Jones LONDON (Reuters) – Global banking regulators on Tuesday proposed stricter standards for banks when assessing risks ..
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Bank of England tweaks lifetime loss estimate for QE programme
By Andy Bruce (Reuters) – The Bank of England on Tuesday tweaked its estimates for the overall losses made by its quantitative e..
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