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Asian factory activity expands in May on robust global demand

Asian factory activity expands in May on robust global demand

TOKYO (Reuters) -Asian factory activity expanded in May as manufacturers benefited from broadening global demand, private surveys show..

What S&P’s ratings downgrade means for France

What S&P’s ratings downgrade means for France

PARIS (Reuters) -Standard & Poor’s (S&P) decision to downgrade its rating on France’s sovereign debt should in the..

Italian banks must invest more in technology, central bank says

Italian banks must invest more in technology, central bank says

ROME (Reuters) – Technology investments by larger Italian banks lag behind those of their European peers, the central bank said ..

UK supermarket sales set for Euro 2024 fillip, says NIQ

UK supermarket sales set for Euro 2024 fillip, says NIQ

LONDON (Reuters) – The return of some warm weather in May helped drive sales growth at British supermarkets and they are set for..

Euro zone inflation rises in fresh signal for ECB caution

Euro zone inflation rises in fresh signal for ECB caution

FRANKFURT (Reuters) -Euro zone inflation rose in May, data showed on Friday, in a sign the European Central Bank still faces a slow an..

Pound heads for best monthly gain of 2024 ahead of US inflation

Pound heads for best monthly gain of 2024 ahead of US inflation

LONDON (Reuters) – The pound headed on Friday for its best monthly performance against the dollar this year, driven by expectati..

Dell shares slump as heavy AI investments expected to dent margin

Dell shares slump as heavy AI investments expected to dent margin

(Reuters) -Dell Technologies shares tumbled about 18% on Friday, as the PC and server maker expects sizeable AI investments to dent it..

Dollar slides after US inflation meets expectations in April

Dollar slides after US inflation meets expectations in April

NEW YORK/LONDON (Reuters) – The dollar was lower and on track for its first monthly decline in 2024 after data showed that U.S. ..

Oil set for weekly loss ahead of OPEC+ meeting

Oil set for weekly loss ahead of OPEC+ meeting

NEW YORK (Reuters) -Oil prices fell on Friday and were set for a weekly loss as investors awaited an OPEC+ meeting on Sunday that will..

Stocks lose steam after U.S. data

Stocks lose steam after U.S. data

LONDON (Reuters) -MSCI’s global equities index gave up earlier gains on Friday after data showed modest U.S. inflation in April,..