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..
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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..
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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..
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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..
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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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Coca-Cola bets on pricey sodas, international demand to lift annual sales forecast
By Ananya Mariam Rajesh (Reuters) -Coca-Cola raised its annual organic sales forecast on Tuesday after topping first-quarter results a..
Headlines
TIMVERO: Empowering Banks to Embrace an AI-First Future (talking with company executives)
Banks are facing a critical challenge: how to seamlessly integrate data-driven insights into their day-to-day operations. This is wher..
Technology
Analysts cut EU carbon price forecasts on 2023 emission slump
By Susanna Twidale LONDON (Reuters) – Analysts have cut price forecasts for European Union carbon permits for 2024 to 2026 follo..
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Oil down on Middle East talks while investors await Fed meeting
By Noah Browning and Deep Kaushik Vakil LONDON (Reuters) -Oil edged lower on Tuesday after U.S. data showed healthy crude output and e..
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Germany’s struggle to clean up its supply chains has lessons for Europe
By Maria Martinez and Riham Alkousaa BERLIN (Reuters) – German engineering company BAUCH makes machines and engine components ou..
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Smiling King Charles visits cancer centre on his return to public duties
LONDON (Reuters) -A smiling and healthy-looking King Charles returned to public duties on Tuesday for the first time since he was diag..
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Satellite firm SES to buy Intelsat for $3.1 billion, debt concerns sink shares
By Olivier Sorgho (Reuters) – Satellite company SES has agreed to buy Intelsat Holdings for $3.1 billion in a deal that would cr..
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Cryptoverse: TON takes off on Telegram tie-up
By Elizabeth Howcroft (Reuters) – A coin called TON has leapt in value in recent months, with investors betting its integration ..
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Quotes: HSBC Chief Executive Quinn announces surprise retirement
(Reuters) – HSBC said on Tuesday its Chief Executive Noel Quinn will retire – a surprise departure by its hard-nosed leade..
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