Dollar drops after inflation data, Yen rebounds on Ishiba win
By Chuck Mikolajczak NEW YORK (Reuters) -The dollar weakened on Friday after a reading of U.S. inflation indicated price pressures con..
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Oil steady but on track for weekly drop on firmer supply outlook
By Paul Carsten LONDON (Reuters) -Oil prices held on Friday but remained on track for a weekly fall as investors weighed expect..
Headlines
Moncler CEO strengthens grip on company with LVMH deal
By Elisa Anzolin and Mimosa Spencer MILAN/PARIS (Reuters) -Moncler’s Chairman and CEO Remo Ruffini is tightening his cont..
Headlines
Aeffe sells ‘Moschino’ brand for perfumes to Euroitalia
MILAN (Reuters) – Italian fashion group Aeffe has agreed to transfer the ownership of its ‘Moschino’ brand in..
Headlines
Exclusive-African countries eye world’s first joint ‘debt-for-nature’ swap
LONDON (Reuters) – At least five African countries are working on what could be the world’s first joint “debt..
Headlines
UK’s FTSE 100 closes slightly up as falling energy shares offset China-driven rally
By Lisa Pauline Mattackal and Shashwat Chauhan (Reuters) -UK’s FTSE 100 closed up on Thursday, though lagging its Europea..
Headlines
Europe’s STOXX 600 clocks all-time closing high on China stimulus boost
By Pranav Kashyap and Shashwat Chauhan (Reuters) -European shares jumped on Thursday, with China-exposed stocks such as luxury and min..
Finance
Stocks rise to records with Micron rally; oil prices slide
By Caroline Valetkevitch NEW YORK (Reuters) -A widely followed global stock index and the S&P 500 hit record highs on Thursday aft..
Finance
Exclusive-Ubisoft activist investor says it has support of 10% of shareholders in management tussle
By Zaheer Kachwala (Reuters) – An activist investor pushing for a sale of “Assassin’s Creed” maker Ubis..
Headlines
Discounter Pepco’s sales hurt by supply chain disruption
By James Davey LONDON (Reuters) -European discount retailer Pepco Group said its fourth-quarter underlying revenue was lower th..
Business
Dollar firm following sharp rebound as Fed speakers eyed
By Kevin Buckland TOKYO (Reuters) – The dollar held firm on Thursday following its sharpest rally since early June as tra..
Headlines
Polish fashion retailer LPP confirms annual revenue goal of up to $5.5 billion
GDANSK (Reuters) – Poland’s largest apparel retailer LPP confirmed its full-year revenue target of 20-21 billion zl..
Headlines
UniCredit starts process to bring life insurance business in house
MILAN (Reuters) – UniCredit has told Allianz and CNP Assurances that it will buy their stakes in the life insurance joint..
Headlines
European shares end marginally lower as energy stocks drop
By Pranav Kashyap and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 closed slightly lower on Wednesday as energy stocks ..
Headlines
Meta shows off prototype augmented-reality glasses at Connect event
By Katie Paul MENLO PARK, California (Reuters) -Facebook owner Meta Platforms showed off its first working prototype of augmented-re..
Technology
Fonterra’s annual profit falls 25%; shares rise on dividend declaration
By Rajasik Mukherjee (Reuters) -New Zealand’s Fonterra posted a 25% drop in its fiscal 2024 profit on Wednesday, hurt by ..
Headlines
Soccer-‘I thought it was AI,’ says Wimbledon director of flooding images at stadium
(Reuters) – AFC Wimbledon’s managing director thought he was looking at AI-created images when he saw pictures of f..
Headlines
Solvay to cut 68 jobs in Salindres site throughout 2025
(Reuters) – Belgian chemicals group Solvay announced on Tuesday plans to enter into talks with labour unions to cease pro..
Headlines
ECB started issuing fine notices to banks not meeting climate expectations
NEW YORK (Reuters) – The European Central Bank has started issuing fine notices to lenders not meeting its long-defined e..
Headlines
Spotify expands AI Playlist feature to new markets including US, Canada0
(Reuters) – Spotify is expanding its tool that helps create playlists using generative artificial intelligence for premiu..
Headlines
UK employers give joint-lowest pay rises since June 2022, Brightmine says
LONDON (Reuters) – British employers gave staff the joint-lowest pay rises since June 2022 in the three months to the end..
Headlines
Analysis-SocGen’s CEO Krupa tightens screws on costs as bank’s turnaround plan falls flat
By Mathieu Rosemain PARIS (Reuters) – Societe Generale’s CEO Slawomir Krupa is set to turn the screws further on costs a..
Headlines
Nike veteran Hill to replace Donahoe as CEO; shares jump
By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the comp..
Business
EU regulator backs use of Novo’s Wegovy for obesity-related heart condition
(Reuters) -The European Medicines Agency backed the use of Novo Nordisk’s popular drug Wegovy to help ease heart failure in peop..
Headlines
Analysis-Extreme weather adds to fiscal strains in central Europe
By Jan Lopatka, Karol Badohal and Gergely Szakacs PRAGUE/WARSAW (Reuters) – Just a week ago, before deadly floods swept throug..
Headlines
Yen slides as BOJ governor steers clear of rate hike talk
By Linda Pasquini and Wayne Cole LONDON/SYDNEY (Reuters) – The yen weakened on Friday after the Bank of Japan signalled it was i..
Headlines
Nike’s next CEO Hill brings a bootstraps mentality
By Nicholas P. Brown (Reuters) – Elliott Hill started at Nike as an intern in 1988 but steadily scaled its ranks, banking on v..
Business
Sterling rises vs dollar, euro boosted by strong UK retail sale data
By Linda Pasquini (Reuters) – Sterling edged up against the dollar and the euro on Friday, as strong UK retail sale data provide..
Finance
Oil prices set to end week higher after US rate cut
By Arunima Kumar (Reuters) -Oil prices eased on Friday, but were on track to register gains for a second straight week following a lar..
Headlines
Stocks pinned near all-time highs, yen slips after Ueda’s comments
By Sruthi Shankar and Stella Qiu (Reuters) – World stocks hovered near record highs on Friday, underpinned by a big interest rat..
Finance
European shares slip but set for weekly gains; Mercedes drops
By Shubham Batra (Reuters) -European shares slipped on Friday after a rally in the previous session spurred by the U.S. Federal Reserv..
Finance
London blue-chips slip as sterling jumps after retail sales beat
(Reuters) – UK shares slipped on Friday while the British pound jumped, though the stock index was set to eke out weekly gains r..
Finance
Global investors brace for turmoil as big Fed cut sows confusion
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -Big global investors are on alert for wild market swings after a jumbo U.S. rate ..
Headlines
Morning Bid: BOJ brings yen into sharper focus
A look at the day ahead in European and global markets from Wayne Cole. It was left to the Bank of Japan (BOJ) to end “central b..
Headlines
Analysis-Investors shun European car stocks despite rock bottom valuations
By Sruthi Shankar and Danilo Masoni (Reuters) – European auto stocks are so unpopular right now that investors keep reduc..
Headlines
BOJ keeps interest rates steady, sticks to upbeat economic view
TOKYO (Reuters) – The Bank of Japan kept interest rates steady on Friday and maintained its view the economy remained on ..
Headlines
German tax revenue rose by 5.3% in August
By Maria Martinez BERLIN (Reuters) – Germany’s federal and state governments’ tax revenue rose 5.3% in August..
Finance