Headlines

Global stocks tick up while yen slips in calm before U.S. data

Global stocks tick up while yen slips in calm before U.S. data

By Harry Robertson and Koh Gui Qing NEW YORK/LONDON (Reuters) -World stocks edged higher on Monday while the yen slipped as a holiday ..

India’s Bharti Enterprises to buy Altice UK’s stake in BT Group

India’s Bharti Enterprises to buy Altice UK’s stake in BT Group

  (Reuters) – India’s Bharti Enterprises said on Monday it has agreed to buy an around 24.5% stake in BT Group from t..

Morning Bid: Markets shift to holiday mood

Morning Bid: Markets shift to holiday mood

  A look at the day ahead in European and global markets from Wayne Cole It’s been a blessedly quiet start to the week in A..

Shell, PetroChina to expand Surat coal seam gas project in Australia

Shell, PetroChina to expand Surat coal seam gas project in Australia

  (Reuters) -Shell and PetroChina have decided to expand the Surat coal seam gas project (SGP) in Queensland, the British oil and..

Yen slips, markets brace for US inflation data

Yen slips, markets brace for US inflation data

  By Vidya Ranganathan SINGAPORE (Reuters) – The yen was a tad softer against the dollar in trading thinned by a Japanese h..

Oil holds on to last week’s gains buoyed by Mideast tensions, economic data

Oil holds on to last week’s gains buoyed by Mideast tensions, economic data

By Colleen Howe BEIJING (Reuters) – Oil prices were little changed in early Asian trading on Monday, holding on to most of last ..

French 2024 wine production seen falling after wet weather

French 2024 wine production seen falling after wet weather

By Sybille de La Hamaide PARIS (Reuters) – Wine output in France, the world largest producer, is set to fall sharply this year a..

Stocks recoup most of week’s sell-off as nerves steady

Stocks recoup most of week’s sell-off as nerves steady

By Huw Jones LONDON (Reuters) -Global shares extended gains on Friday to erase nearly all of their losses from a big sell-off earlier ..

Dollar steady on US jobs relief as yen heads for first weekly drop in six

Dollar steady on US jobs relief as yen heads for first weekly drop in six

By Kevin Buckland and Sruthi Shankar TOKYO (Reuters) -The dollar was close to a one-week high against other major currencies on Friday..

Glencore to keep coal assets and stick with London listing

Glencore to keep coal assets and stick with London listing

By Felix Njini and Pratima Desai JOHANNESBURG/LONDON (Reuters) -Glencore will keep its coal business after securing backing from a maj..

Supermarket group Ahold Delhaize posts Q2 margin beat

Supermarket group Ahold Delhaize posts Q2 margin beat

  By Stephanie Hamel and Charlotte Eugenie Yvette Bawol (Reuters) -Supermarket group Ahold Delhaize beat second-quarter core prof..

Bottler Coca-Cola HBC raises 2024 revenue and operating profit forecasts

Bottler Coca-Cola HBC raises 2024 revenue and operating profit forecasts

(Reuters) – Bottler Coca-Cola HBC boosted its annual operating profit and revenue forecast on Wednesday, as the Swiss group post..

Siemens Energy raises free cash flow outlook after solid Q3

Siemens Energy raises free cash flow outlook after solid Q3

  FRANKFURT (Reuters) -Siemens Energy on Wednesday raised its free cash flow outlook for the second time in three months, citing ..

Vans-parent VF Corp posts smaller Q1 revenue drop than expected, on better China demand

Vans-parent VF Corp posts smaller Q1 revenue drop than expected, on better China demand

  (Reuters) -VF Corp reported a smaller-than-expected drop in first-quarter revenue on Tuesday, helped by improvement in its Chin..

Unwind of massive yen-funded carry has room to go, analysts say

Unwind of massive yen-funded carry has room to go, analysts say

NEW YORK (Reuters) – An epic unwinding of the yen-funded carry trade that has reverberated through global markets may have furth..

Oil prices recover from multi-month lows in volatile trade

Oil prices recover from multi-month lows in volatile trade

By Shariq Khan NEW YORK (Reuters) -Oil prices rose about 1% in volatile trade on Tuesday, bouncing off multi-month lows hit in the pre..

Global stocks rebound from sell-off; Treasury yields, dollar higher

Global stocks rebound from sell-off; Treasury yields, dollar higher

By Sinéad Carew and Amanda Cooper NEW YORK/ LONDON (Reuters) – Equities around the world were attempting a comeback on Tuesday a..

Dollar recovers ground, yen steadies as currency market frenzy eases

Dollar recovers ground, yen steadies as currency market frenzy eases

By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar recovered ground against most major peers on Monday and the Japanese yen st..

Europe’s STOXX 600 edges up in global recovery, earnings relief

Europe’s STOXX 600 edges up in global recovery, earnings relief

By Pranav Kashyap and Ankika Biswas (Reuters) -European shares rose on Tuesday, mirroring a recovery in global markets after the previ..

Paris wheat falls on world financial market meltdown, strong euro

Paris wheat falls on world financial market meltdown, strong euro

HAMBURG/PARIS (Reuters) -Euronext wheat futures fell on Monday, pressured by a stronger euro and economic fears sweeping through finan..

Oil climbs more than $1 into positive territory

Oil climbs more than $1 into positive territory

By Erwin Seba HOUSTON (Reuters) -Oil climbed more than $1 on Monday, returning to positive territory in volatile trade as markets were..

Analysis-Global market rout has more to do with end of cheap funding than US economy

Analysis-Global market rout has more to do with end of cheap funding than US economy

By Nell Mackenzie and Yoruk Bahceli LONDON (Reuters) – A meltdown in world equity markets in recent days is more reflective of a..

Dollar down as US rate cut bets rise, yen surges

Dollar down as US rate cut bets rise, yen surges

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar sank to a near 7-month low against a basket of peers on Monday, and sold off ..

Stocks sink with bond yield and dollar on recession fears

Stocks sink with bond yield and dollar on recession fears

By Sinéad Carew and Nell Mackenzie NEW YORK/LONDON (Reuters) -Global equities suffered heavy losses on Monday as Wall Street joined a ..

Investors’ comments on global stocks rout

Investors’ comments on global stocks rout

(Reuters) – Share markets around the world tumbled and bonds rallied on Monday as fears the United States could be heading for r..

Yen rises to 7-month highs as US slowdown fears spill over

Yen rises to 7-month highs as US slowdown fears spill over

  By Vidya Ranganathan SINGAPORE (Reuters) -Japan’s yen hit its highest levels against the dollar since January on Monday, ..

Aero parts supplier Senior’s H1 profit rises on strong demand

Aero parts supplier Senior’s H1 profit rises on strong demand

(Reuters) -British aerospace engineer Senior Plc posted a 10% rise in its first-half profit on Monday, buoyed by demand for commercial..

L’Oreal to acquire 10% stake in Swiss skin care company Galderma

L’Oreal to acquire 10% stake in Swiss skin care company Galderma

  ZURICH (Reuters) -French cosmetics company L’Oreal is to acquire a 10% stake in Swiss skin care firm Galderma from a grou..

Bitcoin, ether sink to multi-month lows as recession worries take hold

Bitcoin, ether sink to multi-month lows as recession worries take hold

  (Reuters) -Bitcoin and ether tumbled on Monday to multi-month lows as worries over a possible U.S. recession in the wake of sof..

Oil down $2 as investors digest weak US job data

Oil down $2 as investors digest weak US job data

By Georgina McCartney HOUSTON (Reuters) -Oil prices slid by more than $2 on Friday, on track for a fourth successive weekly drop after..

Olympics-Equestrian-Britain win team jumping gold ahead of US and France

Olympics-Equestrian-Britain win team jumping gold ahead of US and France

By Tassilo Hummel VERSAILLES (Reuters) -Britain’s equestrian team bagged another Olympic title as showjumpers Ben Maher, Harry C..

London’s FTSE 100 falls over 1% amid global stock slump

London’s FTSE 100 falls over 1% amid global stock slump

By Purvi Agarwal and Shubham Batra (Reuters) -London stocks rounded the week off with heavy losses amid a global risk-off mood after a..

European shares tumble as global equity rout amplifies

European shares tumble as global equity rout amplifies

By Pranav Kashyap and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 fell close to 3% on Friday as global equity markets ran int..

Hedge fund investor appetite hit by high fees and private credit, says Goldman Sachs

Hedge fund investor appetite hit by high fees and private credit, says Goldman Sachs

By Nell Mackenzie LONDON (Reuters) -Global investor appetite for the most expensive multi-strategy hedge funds has fallen, Goldman Sac..

Walmart’s low price promise in focus after Amazon’s warning

Walmart’s low price promise in focus after Amazon’s warning

By Aishwarya Venugopal and Siddharth Cavale (Reuters) -Walmart’s “Everyday Low Price” promise will be put to the tes..

Amazon shares drop on slowing online sales growth

Amazon shares drop on slowing online sales growth

By Savyata Mishra (Reuters) -Shares of Amazon.com fell more than 12% on Friday after the company reported slowing online sales growth ..

Intel shares set for record loss as turnaround struggle deepens

Intel shares set for record loss as turnaround struggle deepens

(Reuters) -Intel was set to erase about $35 billion in stock market value on Friday in potentially its worst selloff ever after it sus..