Headlines

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 China by more than 300, as the Asia-focused lender co..

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 agreement with Abu Dhabi’s TAQA over a pote..

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 Monday, following President Emmanuel Macron’s..

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 how it is integrating artificial intelligence across..

Tesla turns to Musk’s small shareholder fans to back $56 billion payday

Tesla turns to Musk’s small shareholder fans to back $56 billion payday

By Ross Kerber (Reuters) – With major Tesla shareholders appearing divided over whether to endorse Elon Musk’s $56 billion..

Nokia CEO makes world’s first ‘immersive’ phone call

Nokia CEO makes world’s first ‘immersive’ phone call

By Supantha Mukherjee STOCKHOLM (Reuters) – Nokia CEO Pekka Lundmark made a phone call using a new technology called “imme..

Exclusive-BP tightens workplace relationships policy after Looney dismissal

Exclusive-BP tightens workplace relationships policy after Looney dismissal

LONDON (Reuters) – BP employees must disclose any intimate relationships with colleagues or risk losing their jobs, the oil majo..

Shein’s pre-IPO charm offensive hits roadblocks in Europe

Shein’s pre-IPO charm offensive hits roadblocks in Europe

LONDON (Reuters) -As online fast-fashion retailer Shein ramps up its pre-IPO charm offensive in Britain, pushback is growing too from ..

Euro falls in warning sign for markets after Macron calls snap France vote

Euro falls in warning sign for markets after Macron calls snap France vote

LONDON/SINGAPORE (Reuters) -The euro skidded while stock and bond futures slipped on Monday, as French President Emmanuel Macron calle..

UK job market on its way back after downturn, recruiters say

UK job market on its way back after downturn, recruiters say

LONDON (Reuters) – A fall in permanent hiring by employers in Britain was its least severe in more than a year in May and the re..

Global stocks dip, Treasuries flail as strong jobs data douses Fed cut hopes

Global stocks dip, Treasuries flail as strong jobs data douses Fed cut hopes

By Naomi Rovnick and Koh Gui Qing NEW YORK/LONDON (Reuters) -Global stocks pulled back from an all-time high on Friday after surprisin..

Microsoft to double down on Game Pass at Xbox showcase with ‘Call of Duty’ title

Microsoft to double down on Game Pass at Xbox showcase with ‘Call of Duty’ title

(Reuters) – Microsoft’s Xbox Game Pass will take center stage at its annual video-game showcase on Sunday, as the software..

GameStop spooks investors with share sale, results ahead of “Roaring Kitty” livestream

GameStop spooks investors with share sale, results ahead of “Roaring Kitty” livestream

(Reuters) -GameStop posted a decline in quarterly sales and said it would sell up to 75 million shares, in a surprise move on Friday a..

US dollar rallies after stronger-than-expected jobs report

US dollar rallies after stronger-than-expected jobs report

By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) -The U.S. dollar jumped on Friday after data showed the world&..

Indian PM Modi’s coalition presents claim to form new government

Indian PM Modi’s coalition presents claim to form new government

By Sarita Chaganti Singh, Shivam Patel and Nigam Prusty NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi’s National Demo..

Bellway lifts house price outlook after strong spring season

Bellway lifts house price outlook after strong spring season

By Aby Jose Koilparambil (Reuters) – British homebuilder Bellway raised its annual average selling price forecast on Friday and ..

UK’s Asda says TDR Capital to become majority owner

UK’s Asda says TDR Capital to become majority owner

LONDON (Reuters) – Britain’s Asda said on Friday that private equity firm TDR Capital will gain majority ownership of the ..

Olympic rings displayed on Eiffel Tower 50 days before Paris 2024 Games

Olympic rings displayed on Eiffel Tower 50 days before Paris 2024 Games

PARIS (Reuters) – Paris 2024 organisers on Friday unveiled a display of the Olympic rings on the Eiffel Tower with 50 days to g..

Airbus deliveries fall 16% in May

Airbus deliveries fall 16% in May

PARIS (Reuters) – Airbus delivered 53 aircraft in May, down 16% from the same month last year and bringing the number of airplan..

Morning Bid: Global risk rally hinges on payrolls

Morning Bid: Global risk rally hinges on payrolls

A look at the day ahead in European and global markets from Rae Wee Closely watched U.S. nonfarm payrolls data on Friday marks the fin..

Netflix tests biggest TV app redesign in 10 years

Netflix tests biggest TV app redesign in 10 years

By Lisa Richwine LOS ANGELES (Reuters) – Netflix started rolling out the first major revamp of its television app in a decade on..

ECB delivers its first rate cut in five years

ECB delivers its first rate cut in five years

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank went ahead with its first interest rate cut sinc..

Sterling ticks lower as wage growth expectations ease

Sterling ticks lower as wage growth expectations ease

LONDON (Reuters) – The pound softened versus the euro on Thursday ahead of a European Central Bank meeting and after data showed..

World leaders, veterans, commemorate D-Day’s 80th anniversary in Normandy

World leaders, veterans, commemorate D-Day’s 80th anniversary in Normandy

VER-SUR-MER, France (Reuters) -Moving letters from veterans were read out as ceremonies took place in Normandy on Thursday to mark the..

French jet engine maker Safran gets Italy’s clearance to buy Microtecnica

French jet engine maker Safran gets Italy’s clearance to buy Microtecnica

By Olivier Sorgho (Reuters) – French jet engine maker and defence company Safran said on Thursday it had received clearance from..

Salesforce to open first AI centre in London

Salesforce to open first AI centre in London

LONDON (Reuters) – Salesforce has picked London for its first AI centre, where it said industry experts, developers and customer..

Trafigura’s first-half net profit falls in calmer market

Trafigura’s first-half net profit falls in calmer market

By Natalie Grover LONDON (Reuters) – Trading house Trafigura posted a more than 74% drop in net profit in the first half of its ..

German industrial orders unexpectedly fall in April

German industrial orders unexpectedly fall in April

(Reuters) – German industrial orders unexpectedly fell in April, marking the fourth month in a row of decreases, due to a signif..

UK services firms report slower growth and weaker inflation, PMI shows

UK services firms report slower growth and weaker inflation, PMI shows

By David Milliken LONDON (Reuters) – Growth among Britain’s services businesses eased in May from April’s 11-month h..

Oil comes off four-month low as US jobs data fuels rate cut bets

Oil comes off four-month low as US jobs data fuels rate cut bets

LONDON (Reuters) -Oil prices edged up from four-month lows on Wednesday after a fillip from a U.S. jobs report that firms up the case ..

Stocks gain on rate-cut wagers as ECB meeting looms

Stocks gain on rate-cut wagers as ECB meeting looms

By Danilo Masoni and Ankur Banerjee MILAN (Reuters) – World shares rose on Wednesday and the dollar inched up, with a European C..

Euro zone business activity expands at fastest rate in a year, PMI shows

Euro zone business activity expands at fastest rate in a year, PMI shows

BENGALURU (Reuters) – Euro zone business activity expanded at its quickest rate in a year in May as growth in the bloc’s d..

Boeing to try again to launch first Starliner crewed mission

Boeing to try again to launch first Starliner crewed mission

WASHINGTON (Reuters) – Boeing’s Starliner spacecraft is set for a third attempt to fly astronauts to space for the first t..

UK new car sales grows in May despite drop in private consumer purchases – SMMT

UK new car sales grows in May despite drop in private consumer purchases – SMMT

(Reuters) -New car registrations in Britain rose in May helped by higher fleet vehicle demand, industry data showed on Wednesday, coun..

Spain’s BBVA seeks ECB go-ahead for Sabadell hostile bid, source says

Spain’s BBVA seeks ECB go-ahead for Sabadell hostile bid, source says

Spain’s BBVA seeks ECB go-ahead for Sabadell hostile bid, source says By Jesús Aguado LONDON (Reuters) – Spain’s BBV..

Nike cutting jobs at European headquarters in the Netherlands -Bloomberg

Nike cutting jobs at European headquarters in the Netherlands -Bloomberg

AMSTERDAM (Reuters) – Nike [NKE.N] is cutting jobs at its European headquarters in the Dutch city Hilversum, Bloomberg reported ..

Oil near 4-mth low after OPEC+ supply plan, US stock build

Oil near 4-mth low after OPEC+ supply plan, US stock build

By Florence Tan SINGAPORE (Reuters) -Oil prices hovered near four-month lows in Asia on Wednesday as markets digested an OPEC+ decisio..