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Oil prices edge up on escalation in Middle East tensions
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ECB to set up June rate cut after rapid disinflation
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Dollar firms, yen fragile as Fed cut wagers crumble
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Asian shares fall on U.S. rate scare, yen plumbs 34-yr low
Nike pins hopes on Olympics in race to take back market share
Date: April 11, 2024
Nike pins hopes on Olympics in race to take back market share By Helen Reid PARIS (Reuters) – Nike is set to unveil new kits for the Olympic national teams it sponsors including the U.S. and Kenya, seeking to bolster its credentials as a performance gear brand for top athletes as well as everyday consumers....
Paris Olympics on track to hit NBC ad sales record after pandemic
Date: April 10, 2024
Paris Olympics on track to hit NBC ad sales record after pandemic By Sheila Dang (Reuters) – As the July opening ceremony for the 2024 Paris Olympics draws closer, U.S. broadcaster NBCUniversal is seeing renewed interest from major corporate sponsors in the premier global sporting event as fans are expected to fill Olympic stadiums for...
U.N. climate chief says two years to save the planet
Date: April 10, 2024
U.N. climate chief says two years to save the planet By Kate Abnett and Simon Jessop LONDON/BRUSSELS (Reuters) -Governments, business leaders and development banks have two years to take action to avert far worse climate change, the U.N.’s climate chief said on Wednesday, in a speech that warned global warming is slipping down politicians’ agendas....
Companies get green light to use offsets for supply chain emissions
Date: April 10, 2024
Companies get green light to use offsets for supply chain emissions By Simon Jessop LONDON (Reuters) -A leading judge of corporate climate action plans said it will allow companies to use carbon credits to offset their supply chain pollution, a win for the growing offsets market despite criticism the move could see emissions rise. Selling...
UK equities end volatile session higher as investors ponder rate outlook
Date: April 10, 2024
UK equities end volatile session higher as investors ponder rate outlook By Sruthi Shankar, Khushi Singh and Pranav Kashyap (Reuters) -UK equities closed Wednesday’s volatile session higher as investors pondered the outlook for global rates after hotter-than-expected U.S. inflation data tempered expectations the Federal Reserve would cut rates several times this year. The blue-chip FTSE...
European shares rebound from one-month low; ECB rate verdict up next
Date: April 10, 2024
European shares rebound from one-month low; ECB rate verdict up next By Ankika Biswas, Johann M Cherian and Ozan Ergenay (Reuters) -European shares staged a recovery after a knee-jerk reaction to a high U.S. inflation reading on Wednesday, with investors turning their focus to the European Central Bank’s monetary policy decision on Thursday. The pan-continent...