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..
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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..
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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. ..
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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..
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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,..
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European shares rise after US inflation data keeps Fed rate cut hopes alive
(Reuters) -European shares rose on Friday after softer U.S. inflation data spurred hopes of interest rates cuts by the Federal Reserve..
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London stocks end higher for third month
(Reuters) -London stocks closed higher on Friday, logging a third straight month of gains, as investors cheered an in-line inflation r..
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Nvidia set to overtake Apple as world’s second-most valuable company
(Reuters) -Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the biggest beneficiary of the..
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EU approves Italian aid for $5.4 billion STMicro chip plant
CATANIA, Italy (Reuters) -The European Commission on Friday approved Italian state aid for STMicroelectronics to build a 5 billion eur..
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German retail sales fall more than expected in April
(Reuters) -German retail sales fell more than expected in April, decreasing by 1.2% compared with the previous month, dimming hopes th..
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