US dollar drops to near 9-month low versus yen amid talk of larger Fed rate cut
(This Sept. 13 story has been refiled to remove Mellon in BNY company name in paragraph 8) By Gertrude Chavez-Dreyfuss and Chibuike ..
Finance
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Central Europe factories and retailers shut in flood-hit areas
By Jan Lopatka PRAGUE (Reuters) -Factories and stores across central Europe shut down production lines and closed their doors on Monda..
Business
Nvidia’s stock market dominance fuels big swings in the S&P 500
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Nvidia’s huge stock rally is still exerting an outsized influence over the S&P 500 ..
Technology
India accuses Samsung, Xiaomi of colluding with Amazon, Flipkart
By Aditya Kalra NEW DELHI (Reuters) -Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart’s Fl..
Headlines
UK’s embattled manufacturers see brighter days, Make UK/BDO survey shows
By Andy Bruce (Reuters) – British manufacturers grappling with falling output and fading growth in new orders see better ..
Business
British ministers head to Gulf for talks on new trade deal
(Reuters) – Britain’s new trade ministers visited the Gulf region on Monday in a first joint visit for talks on a possible..
Business
UK’s Domino’s Pizza plans to hire 5,000 staff ahead of peak holiday season
(Reuters) – Britain’s Domino’s Pizza Group said on Monday that it plans to hire 5,000 staff across the UK and..
Business
Saipem wins $4 billion contract from QatarEnergy
(Reuters) – Italian energy engineering group Saipem said on Sunday it had won an offshore contract worth $4 billion from ..
Business
Cricket-Rain washes out England v Australia final T20 with series drawn
MANCHESTER, England (Reuters) – The decisive Twenty20 clash of the three-match series between England and Australia was a..
Headlines
Shanghai braces for direct hit from Typhoon Bebinca
By Samuel Shen and Ryan Woo SHANGHAI/BEIJING (Reuters) -Shanghai halted transportation links, recalled ships and shut tourism s..
Headlines
Gold bulls set sights on previously dismissed record $3,000/oz milestone
By Anushree Ashish Mukherjee and Anjana Anil (Reuters) – Gold market bulls are locking in bullion prices surging to fresh record..
Finance
Poland’s Intel plant gets EU green light for $1.9 billion in state support
WARSAW (Reuters) -The European Commission has given Poland a green light to support an Intel chip assembly and testing plant with more..
Technology
US locks in steep China tariff hikes, many to start Sept. 27
By David Lawder (Reuters) -The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty o..
Business
Greece asks EU for urgent response to soaring power prices, letter shows
By Angeliki Koutantou and Kate Abnett ATHENS/BRUSSELS (Reuters) – Greece’s prime minister has asked the EU to urgently res..
Headlines
UK’s National Grid to sell electricity system operator in $827 million deal
(Reuters) -Britain’s National Grid said on Friday it had agreed to sell its Electricity System Operator (ESO) to the UK g..
Finance
ECB dents traders’ hopes for October rate cut
By Yoruk Bahceli, Naomi Rovnick (Reuters) -Traders pared back their bets on back-to-back rate cuts from the European Central Ba..
Finance
Dollar weak, yen at 2024 high on bets of big rate cut from Fed
By Ankur Banerjee SINGAPORE (Reuters) – The dollar softened on Friday, with the yen hitting its highest level this year a..
Finance
British drugmaker GSK moves mRNA flu vaccine to late-stage trials
(Reuters) -British drugmaker GSK announced on Thursday positive results from a mid-stage trial of its seasonal influenza vaccin..
Headlines
Zara to offer its secondhand clothes service in US by October
MADRID (Reuters) – Zara will offer its service for selling, repairing or donating secondhand clothes in the United States by the..
Business
Swiss banks fret over sanctions risk to wealth business
By Oliver Hirt ZURICH (Reuters) -A survey of Swiss banks has highlighted international sanctions imposed on other countries, such as a..
Finance
Lloyd’s of London plans overhaul of ‘unclear’ conduct rules
LONDON (Reuters) – Lloyd’s of London said on Thursday it plans to overhaul its rules on dealing with poor conduct in the..
Headlines
Tech takes stocks higher as ECB prepares rate cut
By Marc Jones LONDON (Reuters) – Share markets enjoyed a fourth straight day of gains on Thursday as the prospect of another ECB..
Technology
Oil prices climb 1% on fears over hurricane impact on US output
By Arunima Kumar (Reuters) -Oil prices rose by more than 1% on Thursday to extend a rebound spurred by concern over Hurricane Francine..
Headlines
Scotland’s only oil refinery to close next year, 400 jobs to go
By Ron Bousso and Robert Harvey LONDON (Reuters) -Grangemouth, Scotland’s only oil refinery, is to close in 2025 with the loss o..
Business
ECB cuts interest rates as growth dwindles
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank cut interest rates again on Thursday as inflatio..
Finance
Bank of England eyes growth with lighter bank capital reforms for UK lenders
By Sinead Cruise LONDON (Reuters) -The Bank of England aims to roll out revised new rules on how much capital UK banks must set aside ..
Finance
Zara owner Inditex sees early autumn sales perk up after summer slowdown
By Corina Pons MADRID (Reuters) -Zara owner Inditex reported a jump in sales of its autumn/winter collection on Wednesday, boosting it..
Business
UK’s Boohoo to stop supplying US customers locally
By James Davey LONDON (Reuters) -Online fashion retailer Boohoo said on Wednesday it would stop supplying U.S. customers from a site i..
Headlines
Services’ grip on UK economy tightens as manufacturing share ebbs further
By Andy Bruce (Reuters) – Britain’s shift towards a services-dominated economy is accelerating, pushing manufacturing̵..
Business
Oil settles near 3-year low on weak demand outlook
By Georgina McCartney HOUSTON (Reuters) -Global oil benchmark Brent crude futures settled at their lowest level since December 2021 on..
Headlines
US stocks, dollar defensive, bonds rally as Harris harries Trump
By Lawrence White LONDON (Reuters) -U.S. stock futures faltered and the dollar was on the defensive on Wednesday, while bond prices ra..
Finance
Etihad Airways plans IPO no earlier than 2025, sources say
By Hadeel Al Sayegh, Andres Gonzalez and Federico Maccioni DUBAI/LONDON (Reuters) -Abu Dhabi’s Etihad Airways plans to make its ..
Business
S&P 500, Nasdaq rise, crude slides as CPI awaits
By Stephen Culp NEW YORK (Reuters) -The S&P 500 and the Nasdaq gained ground while Brent crude prices hit a 3-1/2-year low on Tues..
Headlines
Factbox-How AI features of iPhone and rival smartphones stack up
(Reuters) – Apple unveiled a raft of AI-powered features for its latest iPhone 16 lineup at an event on Monday, as global..
Headlines
Banks, energy stocks weigh on European bourses; BMW tumbles
By Pranav Kashyap and Lisa Pauline Mattackal (Reuters) -European equity markets largely lost ground on Tuesday, weighed by bank..
Headlines
Portugal’s government sees growth at 2% in 2024 and 2025
By Sergio Goncalves LISBON (Reuters) – Portugal’s government expects the economy to grow at an annual rate of about..
Finance
FTSE 100 falls on healthcare, energy weakness; cooling wage growth fuels rate cut bets
By Khushi Singh and Purvi Agarwal (Reuters) -London’s FTSE 100 ended lower on Tuesday, led by a sell-off in healthcare an..
Headlines