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Shares in Spain’s Indra surge after net profit rises 40%

Shares in Spain’s Indra surge after net profit rises 40%

(Reuters) -Shares in Spanish defence and technology firm Indra surged on Monday after its net profit rose 40% to 61 million euros ($66..

Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter

Maersk says Red Sea disruption will cut capacity by 15-20% in second quarter

COPENHAGEN (Reuters) -The disruption to container shipping traffic in the Red Sea is increasing and is expected to reduce the industr..

Westpac raises share buyback by $661 million even as costs and competition bite

Westpac raises share buyback by $661 million even as costs and competition bite

(Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared a special dividend..

Analysis-Apple has big AI ambitions – at a lower cost than its rivals

Analysis-Apple has big AI ambitions – at a lower cost than its rivals

(Reuters) -For most of the past year and a half, Apple Chief Executive Tim Cook has fielded questions from Wall Street analysts about ..

Sterling shrugs off local election to focus on US payrolls data

Sterling shrugs off local election to focus on US payrolls data

LONDON (Reuters) – Sterling rose on Friday against a weakening dollar ahead of U.S. jobs data due later in the day, while local ..

Global equity funds attract robust weekly inflows, led by Asia

Global equity funds attract robust weekly inflows, led by Asia

(Reuters) – Global equity funds experienced renewed interest from investors in the seven days through May 1, buoyed by a surge i..

Oil prices set for steepest weekly drop in three months

Oil prices set for steepest weekly drop in three months

LONDON (Reuters) -Oil prices steadied on Friday after weaker-than-expected U.S. jobs data, but kept on course for their steepest weekl..

Dollar drops as employers add fewer jobs than expected in April

Dollar drops as employers add fewer jobs than expected in April

Dollar drops as employers add fewer jobs than expected in April By Karen Brettell NEW YORK (Reuters) – The dollar fell to a thre..

Stocks jump, yields fall on hopes U.S. labor tightness ebbing

Stocks jump, yields fall on hopes U.S. labor tightness ebbing

NEW YORK/LONDON (Reuters) -Wall Street followed global shares higher on Friday after news that U.S. nonfarm payrolls grew less than ex..

Analysis-Traders prep for another round of yen whack-a-mole

Analysis-Traders prep for another round of yen whack-a-mole

LONDON (Reuters) – Japan’s attempts to shore up its currency are putting trading desks across the globe on high alert and ..