Morning Bid: PMIs to pave the way for rate cuts
A look at the day ahead in European and global markets from Stella Qiu Services PMIs due across Europe on Thursday are likely t..
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Asian shares retreat from 32-month top, Japan rallies as rate risk eases
By Stella Qiu SYDNEY (Reuters) -Asian shares retreated from a 32-month peak on Thursday as the sizzling rally in Hong Kong took..
Finance
Britain proposes new powers for banks in fight against fraudsters
LONDON (Reuters) – Britain is giving banks enhanced new powers to delay and investigate suspicious payments in a bid to s..
Finance
Microsoft to make $4.8 billion AI, cloud investment in Italy
MILAN (Reuters) – Microsoft plans to invest 4.3 billion euros ($4.8 billion) over the next two years to strengthen its ar..
Business
France to stick with wind power development targets
PARIS (Reuters) – France is aiming for a target growth rate of 1.5 gigawatts (GW) per year in onshore wind power, Energy ministe..
Headlines
Stocks stable, oil rises as wary investors eye Middle East hostilities
By Sinéad Carew, Lawrence White NEW YORK/ LONDON (Reuters) -MSCI’s global equities index was up very slightly on Wednesday whi..
Finance
ECB’s top conservative shifts tone with sanguine inflation message
FRANKFURT (Reuters) -Euro zone inflation is increasingly likely to ease back to the European Central Bank’s 2% target on a durab..
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Dollar gains as ADP shows better than expected jobs gains
By Karen Brettell NEW YORK (Reuters) – The dollar hit a three-week high against the euro on Wednesday after the ADP national e..
Finance
Euro area long-dated yields rise after sharp drop, geopolitics in focus
By Stefano Rebaudo (Reuters) – Euro area government bond yields rose on Wednesday, a day after long-dated yields posted their ..
Business
LME monitors tightness in aluminium market after spike in spread
By Eric Onstad LONDON (Reuters) – The London Metal Exchange (LME) is tracking tightness in the aluminium market, which has see..
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