Stocks surge in Asia as US averts default, Fed pause bets rise
SINGAPORE (Reuters) – Asian stocks jumped on Friday on increasing expectations that the Federal Reserve might stand still on rat..
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IKEA stores owner Ingka starts on first New Zealand store
STOCKHOLM (Reuters) – IKEA stores owner Ingka group has announced the official start of work on its delayed first store in New Z..
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UK house prices fall by most since 2009, higher rates to bite-Nationwide
LONDON (Reuters) -British house prices fell by the most since 2009 in the 12 months to May and the country’s housing market face..
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Royal wedding showpiece highlights Jordan’s role as West’s stable ally
AMMAN (Reuters) -The heir to Jordan’s throne will marry amid much fanfare on Thursday, in a glittering ceremony that the country..
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SNB defends raising rates, says not to blame for Credit Suisse failure
(This May 31 story has been corrected to clarify that Jordan’s comment referred to another bank and not Credit Suisse, in paragr..
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Internet data growth has not pushed up telcos’ network costs, Dutch government says
BRUSSELS (Reuters) – The Dutch government has stepped up its criticism of a push by EU telecoms operators to get Big Tech to hel..
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Global factories struggle for momentum amid patchy demand
LONDON/TOKYO (Reuters) -Sluggish global demand deepened the decline in manufacturing activity across Europe and remained a major chall..
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Sugar group Tereos reports leap in core profit as prices rise
PARIS (Reuters) – French sugar and ethanol group Tereos on Thursday posted a strong rise in sales and earnings for its 2022/23 f..
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Major central banks renew rate hike push in May
LONDON (Reuters) – The pace of interest rate hikes across major central banks showed little sign of slowing in May but the scale..
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Dr Martens tripped up by tough U.S. market
(Reuters) -Dr Martens shares dropped more than 10% on Thursday after the British bootmaker warned investments would hit profit margins..
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