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What S&P’s ratings downgrade means for France

What S&P’s ratings downgrade means for France By Leigh Thomas PARIS (Reuters) -Standard & Poor’s (S&P) decision to downgrade its rating on France’s sovereign debt should in the short term...

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Asian factory activity expands in May on robust global demand

Asian factory activity expands in May on robust global demand By Leika Kihara TOKYO (Reuters) -Asian factory activity expanded in May as manufacturers benefited from broadening global demand, private...

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London stocks edge higher ahead of ECB rate decision; GSK slumps

London stocks edge higher ahead of ECB rate decision; GSK slumps By Pranav Kashyap (Reuters) -London stocks rose on Monday, mirroring counterparts in Asia, ahead of the highly anticipated rate cut by...

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OPEC+ extends deep oil production cuts into 2025

OPEC+ extends deep oil production cuts into 2025 By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON/DUBAI (Reuters) -OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025...

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Morning Bid: Markets in upbeat mood as factories hum

Morning Bid: Markets in upbeat mood as factories hum By Wayne Cole (Reuters) – A look at the day ahead in European and global markets from Wayne Cole. Share markets have started the week in a positive...

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Dollar stands tall as traders mull Fed outlook; focus on ECB

Dollar stands tall as traders mull Fed outlook; focus on ECB By Amanda Cooper LONDON (Reuters) -The dollar held steady on Monday, as investors warmed to the idea that U.S. inflation may have slowed...

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Oil drops more than $1 as OPEC+ decision spotlights shaky demand

Oil drops more than $1 as OPEC+ decision spotlights shaky demand By Paul Carsten LONDON (Reuters) -Oil prices fell more than $1 on Tuesday on scepticism about an OPEC+ decision to boost supply later...

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EU clears 1.75 billion euro compensation for eastern German coal exit

EU clears 1.75 billion euro compensation for eastern German coal exit By Riham Alkousaa BERLIN (Reuters) -Germany’s economy ministry said it won the European Commission’s clearance in principle to...

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Regulators lack resources to tackle greenwashing, says EU watchdog

Regulators lack resources to tackle greenwashing, says EU watchdog By Huw Jones LONDON (Reuters) -Market watchdogs across the European Union have punished few instances of “greenwashing” by financial...

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Roaring Kitty’s GameStop options up millions, but cashing in may be tricky

Roaring Kitty’s GameStop options up millions, but cashing in may be tricky By Saqib Iqbal Ahmed NEW YORK (Reuters) – “Roaring Kitty” Keith Gill, the stock influencer behind the 2021 meme stock frenzy,...

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Microsoft takes its AI push to customer service call centers

Microsoft takes its AI push to customer service call centers By Stephen Nellis (Reuters) – Microsoft on Tuesday said it will introduce new artificial intelligence tools for customer service call...

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Morning Bid: Global risk rally hinges on payrolls

Morning Bid: Global risk rally hinges on payrolls A look at the day ahead in European and global markets from Rae Wee Closely watched U.S. nonfarm payrolls data on Friday marks the final piece in an...

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Airbus deliveries fall 16% in May

Airbus deliveries fall 16% in May PARIS (Reuters) – Airbus delivered 53 aircraft in May, down 16% from the same month last year and bringing the number of airplanes handed over to customers since Jan....

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Olympic rings displayed on Eiffel Tower 50 days before Paris 2024 Games

Olympic rings displayed on Eiffel Tower 50 days before Paris 2024 Games PARIS (Reuters) – Paris 2024 organisers on Friday unveiled a display of the Olympic rings on the Eiffel Tower with 50 days to go...

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UK’s Asda says TDR Capital to become majority owner

UK’s Asda says TDR Capital to become majority owner By James Davey LONDON (Reuters) – Britain’s Asda said on Friday that private equity firm TDR Capital will gain majority ownership of the supermarket...

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Bellway lifts house price outlook after strong spring season

Bellway lifts house price outlook after strong spring season By Aby Jose Koilparambil (Reuters) – British homebuilder Bellway raised its annual average selling price forecast on Friday and pointed to...

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Indian PM Modi’s coalition presents claim to form new government

Indian PM Modi’s coalition presents claim to form new government By Sarita Chaganti Singh, Shivam Patel and Nigam Prusty NEW DELHI (Reuters) -Indian Prime Minister Narendra Modi’s National Democratic...

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US dollar rallies after stronger-than-expected jobs report

US dollar rallies after stronger-than-expected jobs report By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) -The U.S. dollar jumped on Friday after data showed the world’s...

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GameStop spooks investors with share sale, results ahead of “Roaring Kitty”...

GameStop spooks investors with share sale, results ahead of “Roaring Kitty” livestream By David Randall and Sruthi Shankar (Reuters) -GameStop posted a decline in quarterly sales and said it would sell...

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Microsoft to double down on Game Pass at Xbox showcase with ‘Call of Duty’ title

Microsoft to double down on Game Pass at Xbox showcase with ‘Call of Duty’ title By Zaheer Kachwala (Reuters) – Microsoft’s Xbox Game Pass will take center stage at its annual video-game showcase on...

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