Morning Bid: Markets in upbeat mood as factories hum
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OPEC+ extends deep oil production cuts into 2025
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London stocks edge higher ahead of ECB rate decision; GSK slumps
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Downturn in German manufacturing may be bottoming out, PMI shows
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Asian factory activity expands in May on robust global demand
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What S&P’s ratings downgrade means for France
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Italian banks must invest more in technology, central bank says
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UK supermarket sales set for Euro 2024 fillip, says NIQ
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Euro zone inflation rises in fresh signal for ECB caution
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Pound heads for best monthly gain of 2024 ahead of US inflation
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Dell shares slump as heavy AI investments expected to dent margin
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Dollar slides after US inflation meets expectations in April
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Oil set for weekly loss ahead of OPEC+ meeting
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Stocks lose steam after U.S. data
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European shares rise after US inflation data keeps Fed rate cut hopes alive
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London stocks end higher for third month
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Nvidia set to overtake Apple as world’s second-most valuable company
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EU approves Italian aid for $5.4 billion STMicro chip plant
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German retail sales fall more than expected in April
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Renault, Geely create joint venture for hybrid, combustion engines
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Investors hold their breath for inflation data
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Analysis-Aircraft shortages turn into cash bonanza for some airlines
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India cenbank moves 100 tons of gold from UK to domestic vaults, TOI reports
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Stocks regain some ground, bonds steady after rate angst sell-off
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Britain’s creaking power grid leaves green energy revolution adrift
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Battle over power pylons highlights Britain’s net zero challenge
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Dollar trades around two-week high as U.S. bond yields surge
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Birkenstock raises annual revenue forecast on strong footwear demand
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Italy April jobless rate falls to 6.9%, lowest since 2008
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News
Brookfield enters deal to buy France’s Neoen for $6.6 billion
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News
Sneaker maker Golden Goose aims to list in Milan in June
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Airline SAS posts bigger Q2 loss, eyes end to restructuring
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German inflation higher than expected ahead of ECB rates decision
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Global unemployment to slightly fall in 2024, UN labour body says
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Aplomado Investments & Fenton Whelan Real Estate (AFW) and GSM Middle East to launch a super-premium, British international School on Qetaifan Island North, Qatar
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Finance
China’s Geely to launch hybrids with more fuel-efficient engines
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German consumer sentiment recovers further heading into June
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