European shares close at highest in a week; Indra surges
By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed at their highest levels in one week on Monday, with investor o..
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Microsoft readies new AI model to compete with Google, OpenAI, The Information reports
(Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet’s Google and..
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Dollar weaker on renewed Fed rate cut hopes; yen wobbles
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar index was lower on Monday for a fourth straight session as a softer-than-expected ..
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Global shares gain on rate cut bets; yen weakens
By Herbert Lash and Nell Mackenzie NEW YORK/LONDON (Reuters) -A gauge of global stock markets rose on Monday on optimism that major ce..
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ECB grows more confident about cutting rates, policymakers say
By Balazs Koranyi and Francesco Canepa VILNIUS/FRANKFURT (Reuters) -The European Central Bank is growing more confident about cutting ..
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Swedish central bank to cut key rate this week, Reuters poll shows
By Simon Johnson STOCKHOLM (Reuters) – Sweden’s central bank will cut its key interest rate this week by a quarter percent..
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Swiss National Bank exploring ways to tokenise financial assets
ZURICH (Reuters) – The Swiss National Bank is examining the best way that financial assets can be digitally tokenised as a way o..
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Sabadell board meets to consider BBVA’s $13 billion offer, sources say
By Jesús Aguado MADRID (Reuters) -Sabadell’s board was meeting on Monday to discuss an all-share offer from larger Spanish bank ..
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World shares climb on Fed cut bets, China gains; yen weakens
By Nell Mackenzie and Rae Wee LONDON (Reuters) -U.S. stocks looked to open higher on renewed bets that the Federal Reserve would likel..
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BioNTech says 90% of 2024 revenues will accrue at end of year
By Ludwig Burger FRANKFURT (Reuters) -Germany’s BioNTech, whose COVID-19 vaccine in partnership with Pfizer was widely used duri..
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Shares in Spain’s Indra surge after net profit rises 40%
(Reuters) -Shares in Spanish defence and technology firm Indra surged on Monday after its net profit rose 40% to 61 million euros ($66..
News
Sourcing ethical products for your business
In today’s business landscape, the shift towards sustainability and ethical considerations in sourcing products is not just a tr..
Business
Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter
COPENHAGEN (Reuters) -The disruption to container shipping traffic in the Red Sea is increasing and is expected to reduce the industry..
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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..
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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 ..
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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..
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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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