All Posts

European shares hit nine month high, dollar wobbles after Powell remarks

European shares hit nine month high, dollar wobbles after Powell remarks

By Alun John LONDON (Reuters) – Global shares jumped and most currencies rose against the dollar on Wednesday as investors disce..

Italy’s MPS sees ‘safe habour’ ahead after strong quarter

Italy’s MPS sees ‘safe habour’ ahead after strong quarter

By Valentina Za MILAN (Reuters) -Italian state-owned bank Monte dei Paschi di Siena (MPS) on Wednesday joined peers in solidly beating..

Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 20%

Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 20%

(Reuters) -Michael Kors owner Capri Holdings Ltd cut its annual profit forecast on Wednesday, hurt by a slowdown in demand for its lux..

Russian threat to Baltic security rising – Estonian intelligence report

Russian threat to Baltic security rising – Estonian intelligence report

By Andrius Sytas VILNIUS (Reuters) – Estonia’s Foreign Intelligence Service said it believed Russia still had the strength..

Activision aims to help UK regulator ‘better understand our industry’

Activision aims to help UK regulator ‘better understand our industry’

LONDON (Reuters) – “Call of Duty” maker Activision Blizzard said on Wednesday it hoped it could help Britain’s..

Stocks, dollar pause ahead of Powell, Biden speeches

Stocks, dollar pause ahead of Powell, Biden speeches

By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – A gauge of global equities edged lower and the dollar inched up on Tu..

BP makes record profit in 2022, slows shift from oil

BP makes record profit in 2022, slows shift from oil

By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP reported on Tuesday a record profit of $28 billion for 2022 and hiked it..

Scamp & Dude’s super scarf mission

Scamp & Dude’s super scarf mission

Scamp & Dude’s mission to donate a Super Scarf to every woman in the UK going through chemotherapy this year. Scamp & Dude has..

Young lives vs cancer supports Alfie through his journey

Young lives vs cancer supports Alfie through his journey

National Ventilation is supporting World Cancer Day on 4 February and thanking Young Lives vs Cancer for the support the charity has g..

Cryptoverse: Is bitcoin out of the woods? Consider the options

Cryptoverse: Is bitcoin out of the woods? Consider the options

By Medha Singh, Lisa Pauline Mattackal and Vidya Ranganathan (Reuters) – Have bitcoin and ether finally turned a corner? It̵..

EU considers ban on ‘forever chemicals’, urges search for alternatives

EU considers ban on ‘forever chemicals’, urges search for alternatives

(Reuters) – The European Union on Tuesday started to consider a proposal to ban widely used substances known as PFAS or “f..

FTSE 100 inches towards recent highs as BP shines

FTSE 100 inches towards recent highs as BP shines

By Sruthi Shankar (Reuters) – UK’s FTSE 100 rose on Tuesday as bumper earnings from oil giant BP and a rally in energy sto..

UK house prices stabilise after four-month fall, Halifax says

UK house prices stabilise after four-month fall, Halifax says

LONDON (Reuters) – British house prices were unchanged in January after falling in month-on-month terms in each of the previous ..

Allure of Japan’s powder snow a growing danger as more tourists ski backcountry

Allure of Japan’s powder snow a growing danger as more tourists ski backcountry

By Mariko Katsumura and Elaine Lies TOKYO (Reuters) – The popularity of Japan’s crisp powder snow among foreign skiers, su..

ChatGPT mania pumps up Chinese AI technology stocks

ChatGPT mania pumps up Chinese AI technology stocks

SHANGHAI (Reuters) – Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy around ..

Marketmind: Rates start to bite

Marketmind: Rates start to bite

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks on Tuesday come off the..

From boom to bottom and now big change: Renault and Nissan reshape alliance

From boom to bottom and now big change: Renault and Nissan reshape alliance

PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissan announced a deal on Monday to redesign their dec..

UK stocks slip as rate hike worries grip investors

UK stocks slip as rate hike worries grip investors

By Sruthi Shankar and Shashwat Chauhan (Reuters) – The UK’s FTSE 100 closed lower on Monday, as upbeat U.S. economic data ..

Headlines

Global shares slide, dollar gains as rates rise on strong data

Global shares slide, dollar gains as rates rise on strong data

By Herbert Lash and Amanda Cooper WASHINGTON (Reuters) – Global equity markets slid and the dollar firmed on Monday after data showing a resilie..

Bank of England’s Mann doubles down on backing for rate hikes

Bank of England’s Mann doubles down on backing for rate hikes

By Gergely Szakacs BUDAPEST (Reuters) – Bank of England rate-setter Catherine Mann on Monday backed further increases in interes..

UK new car sales rise in January, full-year sales to top last year – SMMT

UK new car sales rise in January, full-year sales to top last year – SMMT

(Reuters) – New car registrations in the United Kingdom rose for the sixth straight month, recording a 14.7% annual rise in Janu..

UK watchdog warns crypto firms to prepare for advertising rule change

UK watchdog warns crypto firms to prepare for advertising rule change

LONDON (Reuters) -Britain’s financial watchdog warned crypto businesses on Monday to get ready for a rule change on advertising ..

How to make money as a college student

How to make money as a college student

There are many things to consider when you are a college student. One of them is making money. If you’re able to earn money duri..

U.S. job growth powers ahead; unemployment rate at 3.4%

U.S. job growth powers ahead; unemployment rate at 3.4%

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth accelerated sharply in January while the unemployment rate hit a more t..

Euro zone inflation seen just above ECB’s target in 2025, poll shows

Euro zone inflation seen just above ECB’s target in 2025, poll shows

FRANKFURT (Reuters) – Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank’..

Kering recruits Estee Lauder exec for push into cosmetics

Kering recruits Estee Lauder exec for push into cosmetics

PARIS (Reuters) – French luxury goods group Kering said Friday it was entering the cosmetics business, with the announcement tha..

Lockmaker Assa Abloy boosts dividend, but wary on outlook

Lockmaker Assa Abloy boosts dividend, but wary on outlook

STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its dividend more than expected as it met quarterly profi..

TomTom raises 2023 revenue outlook as automotive drives Q4 beat

TomTom raises 2023 revenue outlook as automotive drives Q4 beat

By Federica Mileo (Reuters) -Dutch navigation and digital mapping company TomTom raised its 2023 revenue forecast on Friday, after pos..

France seeks strategy as nuclear waste site risks saturation point

France seeks strategy as nuclear waste site risks saturation point

By Benjamin Mallet LA HAGUE, France (Reuters) – At a nuclear waste site in Normandy, robotic arms guided by technicians behind a..

Tech earnings hit pause button on market rally

Tech earnings hit pause button on market rally

By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message..

Billionaire Cohen builds stake in Nordstrom, urges board shakeup

Billionaire Cohen builds stake in Nordstrom, urges board shakeup

By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to pus..

Ford posts lower profit, issues downbeat outlook; shares drop

Ford posts lower profit, issues downbeat outlook; shares drop

By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Thursday said quarterly profits fell and the automaker predicted ..

Oil slumps on economic data, stronger U.S. dollar

Oil slumps on economic data, stronger U.S. dollar

By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Thursday as U.S. industrial-linked factory orders dipped, while the d..

Apple’s weak iPhone sales drive first profit miss since 2016

Apple’s weak iPhone sales drive first profit miss since 2016

By Stephen Nellis (Reuters) – Apple Inc on Thursday reported sales and profits that missed Wall Street expectations driven by we..

Central banks hike rates again, but a pause is coming

Central banks hike rates again, but a pause is coming

LONDON (Reuters) – Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns...

Fed rates up, BoE up, ECB up, stocks up

Fed rates up, BoE up, ECB up, stocks up

By Marc Jones LONDON (Reuters) – Higher stock markets showed the bulls were still firmly in charge on Thursday as the European C..

Roche flags 2023 earnings decline on slump in COVID products

Roche flags 2023 earnings decline on slump in COVID products

By Ludwig Burger BASEL (Reuters) – Roche warned of a decline in 2023 earnings, as revenue growth from new drugs, including its h..