Headlines

Wall St dips and gold surges, capping a tumultuous week

Wall St dips and gold surges, capping a tumultuous week

By Stephen Culp NEW YORK (Reuters) -U.S. stocks dipped and gold surged on Friday at ..

Election concerns in France give euro worst week in two months

Election concerns in France give euro worst week in two months

By Karen Brettell (Reuters) -The euro was on track for its biggest weekly fall aga..

G7 vows to drop fossil fuels faster, but activists unimpressed

G7 vows to drop fossil fuels faster, but activists unimpressed

BORGO EGNAZIA, Italy (Reuters) -Leaders of the Group of Seven developed democracies ..

Microsoft to invest $7.16 billion in new data centres in northeastern Spain

Microsoft to invest $7.16 billion in new data centres in northeastern Spain

MADRID (Reuters) – Microsoft plans to invest 6.69 billion euros ($7.16 billion..

Exclusive-Vodafone looks to sell $2.3 billion stake in India’s Indus Towers, sources say

Exclusive-Vodafone looks to sell $2.3 billion stake in India’s Indus Towers, sources say

By M. Sriram MUMBAI (Reuters) – Vodafone Group is looking to sell its entire $..

Swedish May inflation above forecast but more rate cuts expected

Swedish May inflation above forecast but more rate cuts expected

By Simon Johnson STOCKHOLM (Reuters) – The pace of Swedish inflation was highe..

UK’s Crest Nicholson says Bellway’s revised proposal undervalues group

UK’s Crest Nicholson says Bellway’s revised proposal undervalues group

(Reuters) – British homebuilder Crest Nicholson said on Friday it rejected a 6..

Yen falls after dovish BOJ; euro limps towards weekly loss

Yen falls after dovish BOJ; euro limps towards weekly loss

SINGAPORE (Reuters) -The yen fell to an over one-month low on Friday after the Bank ..

Amazon adds $230 million in cloud credits to AI startups

Amazon adds $230 million in cloud credits to AI startups

By Krystal Hu (Reuters) – Amazon said it is investing $230 million in the form..

Musk says Tesla shareholders voting yes for his $56 billion pay package

Musk says Tesla shareholders voting yes for his $56 billion pay package

By Hyunjoo Jin, Abinaya V and Greg Roumeliotis (Reuters) -Tesla shareholders are vot..

Exclusive-Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say

Exclusive-Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say

By Florence Tan, Jonathan Saul and Yantoultra Ngui SINGAPORE/LONDON (Reuters) -Singa..

Czech billionaire bets on lotteries for growth

Czech billionaire bets on lotteries for growth

By Michael Kahn PRAGUE (Reuters) – A Czech billionaire who turned a regional e..

Oil slips on US growth worries, ample crude supply

Oil slips on US growth worries, ample crude supply

By Georgina McCartney (Reuters) – Oil prices fell in early trade on Thursday, ..

UK housing market falters as rate cut hopes fade, RICS survey shows

UK housing market falters as rate cut hopes fade, RICS survey shows

By Andy Bruce (Reuters) – Britain’s housing market lost momentum in May ..

German government plans supplementary budget for 2024, Bild says

German government plans supplementary budget for 2024, Bild says

BERLIN (Reuters) – The German government is planning a supplementary budget fo..

Virgin Galactic announces reverse stock split

Virgin Galactic announces reverse stock split

(Reuters) -Space tourism company Virgin Galactic announced a 1-for-20 reverse stock ..

Gold rush to endure through 2024 though $3,000 mark may prove elusive

Gold rush to endure through 2024 though $3,000 mark may prove elusive

By Brijesh Patel and Ashitha Shivaprasad SINGAPORE (Reuters) – Gold’s li..

French renewable energy sector says far-right victory risks trouble for industry

French renewable energy sector says far-right victory risks trouble for industry

PARIS (Reuters) – The French renewable energy sector is bracing for a sharp sl..

Wall St rallies, dollar drops after cooler US inflation; Fed in the wings

Wall St rallies, dollar drops after cooler US inflation; Fed in the wings

By Stephen Culp NEW YORK (Reuters) -U.S. stocks rallied and the dollar sank as coole..

Germany’s May inflation rises 2.8% on higher services prices

Germany’s May inflation rises 2.8% on higher services prices

By Maria Martinez BERLIN (Reuters) -German inflation rose in May due to higher servi..

UK economy shows no growth in April – ONS

UK economy shows no growth in April – ONS

(Reuters) -A swift rebound in Britain’s economy in early 2024 came to a halt ..

Exclusive-Capital Group shakes up strategy to hit $4 trillion by 2031

Exclusive-Capital Group shakes up strategy to hit $4 trillion by 2031

By Iain Withers LONDON (Reuters) – Capital Group aims to grow its fixed income..

Dollar calm ahead of inflation test, Fed decision

Dollar calm ahead of inflation test, Fed decision

TOKYO (Reuters) – The dollar steadied on Wednesday after hitting a four-week h..

Oil climbs on optimistic demand outlook

Oil climbs on optimistic demand outlook

By Emily Chow SINGAPORE (Reuters) -Oil prices ticked higher on Wednesday amid upbeat..

Johnson & Johnson reaches $700 million talc settlement with US states

Johnson & Johnson reaches $700 million talc settlement with US states

NEW YORK (Reuters) – Johnson & Johnson has agreed to pay $700 million to s..

How Apple used Google’s help to train its AI models

How Apple used Google’s help to train its AI models

SAN FRANCISCO (Reuters) – On stage on Monday CEO Tim Cook’s Apple announ..

NASA, Boeing push back Starliner’s crewed return to June 18

NASA, Boeing push back Starliner’s crewed return to June 18

WASHINGTON (Reuters) – NASA and Boeing said they expect to bring Starliner and..

World Bank says global growth stabilizing but well below pre-pandemic levels

World Bank says global growth stabilizing but well below pre-pandemic levels

WASHINGTON (Reuters) – The World Bank on Tuesday said the U.S. economy’s..

Euro, French bonds and stocks struggle on election uncertainty

Euro, French bonds and stocks struggle on election uncertainty

LONDON/SYDNEY (Reuters) -French bonds fell sharply for a second day on Tuesday as di..

Apple’s AI push could reinvigorate iPhone sales as customers look to upgrade

Apple’s AI push could reinvigorate iPhone sales as customers look to upgrade

By Jeffrey Dastin and Aditya Soni SAN FRANCISCO (Reuters) -Apple’s developer c..

European shares steady after French political tremors, eyes on Fed

European shares steady after French political tremors, eyes on Fed

By Shristi Achar A (Reuters) -European shares were rangebound on Tuesday following l..

French investor Layani wins bid for last-minute Atos restructuring

French investor Layani wins bid for last-minute Atos restructuring

PARIS (Reuters) -French tech group Atos has picked an offer to restructure its debt ..

Golden Goose targets $2 billion market cap in Milan IPO

Golden Goose targets $2 billion market cap in Milan IPO

MILAN (Reuters) – Golden Goose is aiming for a market capitalization of up to ..

HSBC adds over 300 to China headcount after Citi wealth acquisition

HSBC adds over 300 to China headcount after Citi wealth acquisition

HONG KONG (Reuters) – HSBC said on Tuesday it had boosted its headcount in Chi..

Spain’s Criteria drops takeover plan for Naturgy with Abu Dhabi’s TAQA

Spain’s Criteria drops takeover plan for Naturgy with Abu Dhabi’s TAQA

MADRID (Reuters) -Spanish holding firm Criteria said on Monday it had not reached an..

Macron’s shock election call rocks euro and French markets

Macron’s shock election call rocks euro and French markets

LONDON/SINGAPORE (Reuters) -The euro fell while French stocks and bonds tumbled on M..

AI is sole focus at Apple’s annual conference

AI is sole focus at Apple’s annual conference

By Aditya Soni and Stephen Nellis (Reuters) – Apple is expected to showcase ho..