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European stocks rally after first round of French vote
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Sanofi eyes investment of up to $1.6 billion in Germany, Handelsblatt says
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Exclusive-Boeing agrees to buy Spirit Aero for $4.7 billion, sources say
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Silicon Box picks Italy’s Piedmont region for $3.4 billion chip plant
Energy stocks boost European shares at open
Date: June 28, 2024
Energy stocks boost European shares at open (Reuters) – European shares opened higher on Friday, as firmer crude oil prices lifted energy stocks, though the focus was also on a U.S. inflation print, which could be key in gauging the global monetary policy path. The pan-European STOXX 600 gained 0.4% as of 0710 GMT, after...
Asia shares eye five-month winning streak; yen slumps
Date: June 28, 2024
Asia shares eye five-month winning streak; yen slumps By Rae Wee SINGAPORE (Reuters) – Asian stocks are headed for a fifth straight month of gains on Friday, bolstered by the growing view that cooling U.S. inflation will allow the Federal Reserve ease rates this year. Friday is packed with risk events for markets after a...
Stocks inch lower as semiconductor shares ease; yen up vs dollar
Date: June 27, 2024
Stocks inch lower as semiconductor shares ease; yen up vs dollar By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes edged lower in choppy trading Thursday as Micron Technology shares fell and weighed on semiconductors, while the Japanese yen strengthened slightly against the U.S. dollar. U.S. Treasury yields declined slightly after a series of U.S....
Global carbon removal market could reach $100 billion/yr from 2030-35, report says
Date: June 27, 2024
Global carbon removal market could reach $100 billion/yr from 2030-35, report says By Susanna Twidale LONDON (Reuters) – The global market for carbon dioxide (CO2) removal credits could reach up to $100 billion a year between 2030 and 2035 from $2.7 billion last year if barriers to its growth are addressed, a report by management...
US dollar retreats after weak economic data; yen gets minor relief
Date: June 27, 2024
US dollar retreats after weak economic data; yen gets minor relief By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) -The yen edged up from a 38-year low against the U.S. dollar on Thursday, helped by softening U.S. economic data, although traders remained on high alert for any signs of Japanese intervention to prop up...
Chinese-owned chipmaker Nexperia invests $200 million in European expansion
Date: June 27, 2024
Chinese-owned chipmaker Nexperia invests $200 million in European expansion By Toby Sterling AMSTERDAM/HAMBURG (Reuters) – Nexperia, one of the world’s largest makers of basic semiconductors such as diodes and transistors, said on Thursday it would invest $200 million to expand capacity at its main production site in Hamburg, Germany. The investment by Dutch-headquarted Nexperia, owned...