Headlines

London’s FTSE 100 falls over 1% amid global stock slump

London’s FTSE 100 falls over 1% amid global stock slump

By Purvi Agarwal and Shubham Batra (Reuters) -London stocks rounded the week off with heavy losses amid a global risk-off mood after a..

European shares tumble as global equity rout amplifies

European shares tumble as global equity rout amplifies

By Pranav Kashyap and Shashwat Chauhan (Reuters) -Europe’s STOXX 600 fell close to 3% on Friday as global equity markets ran int..

Hedge fund investor appetite hit by high fees and private credit, says Goldman Sachs

Hedge fund investor appetite hit by high fees and private credit, says Goldman Sachs

By Nell Mackenzie LONDON (Reuters) -Global investor appetite for the most expensive multi-strategy hedge funds has fallen, Goldman Sac..

Walmart’s low price promise in focus after Amazon’s warning

Walmart’s low price promise in focus after Amazon’s warning

By Aishwarya Venugopal and Siddharth Cavale (Reuters) –Walmart’s “Everyday Low Price” promise will be put to t..

Amazon shares drop on slowing online sales growth

Amazon shares drop on slowing online sales growth

By Savyata Mishra (Reuters) -Shares of Amazon.com fell more than 12% on Friday after the company reported slowing online sales growth ..

Intel shares set for record loss as turnaround struggle deepens

Intel shares set for record loss as turnaround struggle deepens

(Reuters) -Intel was set to erase about $35 billion in stock market value on Friday in potentially its worst selloff ever after it sus..

Amazon says consumers cautious, forecasts revenue below Wall Street targets

Amazon says consumers cautious, forecasts revenue below Wall Street targets

By Greg Bensinger and Deborah Mary Sophia (Reuters) – Amazon.com reported slowing online sales growth in the second quarter and ..

Fears for US economy send investors to safe havens, fuel stock slump

Fears for US economy send investors to safe havens, fuel stock slump

By Chris Prentice and Naomi Rovnick NEW YORK/LONDON (Reuters) -Weak U.S. data reaffirmed investor worries on Friday, fueling a sell-of..

Olympics-Triathlon-France and Britain victorious in thrilling Paris races

Olympics-Triathlon-France and Britain victorious in thrilling Paris races

By Helen Reid PARIS (Reuters) -France and Britain hogged the Olympic triathlon spotlight as Cassandre Beaugrand delivered a decisive g..

Pfizer lifts profit forecast as investors await turnaround

Pfizer lifts profit forecast as investors await turnaround

By Michael Erman and Bhanvi Satija (Reuters) – Pfizer raised its annual profit forecast on Tuesday, helped by cancer treatments ..