financial markets

Image for Recordati's core profit rises, but sees bigger FX hit
Finance

Recordati's core profit rises, but sees bigger FX hit

(Reuters) -Italian drugmaker Recordati reported on Tuesday a 9.6% rise in first-half core profit, bu...

29th July, 2025

Image for Trading Day: Stocks stumble, dollar up as Fed looms
Finance

Trading Day: Stocks stumble, dollar up as Fed looms

By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global...

29th July, 2025

Image for Starbucks CEO details brand reset plan as turnaround efforts drive sales beat
Finance

Starbucks CEO details brand reset plan as turnaround efforts drive sales beat

(Reuters) -Starbucks reported a bigger-than-expected fall in third-quarter global comparable sales o...

29th July, 2025

Image for Bessent warns China on Russian oil purchases that could bring 100% tariffs
Finance

Bessent warns China on Russian oil purchases that could bring 100% tariffs

By David Lawder STOCKHOLM (Reuters) -U.S. Treasury Secretary Scott Bessent on Tuesday said he warned...

29th July, 2025

Image for Lilly set for strong quarter after Novo profit warning
Headlines

Lilly set for strong quarter after Novo profit warning

By Patrick Wingrove and Bhanvi Satija (Reuters) -Investors and analysts say they expect Eli Lilly to...

29th July, 2025

Image for Explainer-Why is Britain recognising a Palestinian state, and what does it mean?
Headlines

Explainer-Why is Britain recognising a Palestinian state, and what does it mean?

LONDON (Reuters) -Britain announced on Tuesday it was prepared to recognise a Palestinian state in S...

29th July, 2025

Image for Novo's new CEO faces sceptical investors with Wegovy US sales in focus
Headlines

Novo's new CEO faces sceptical investors with Wegovy US sales in focus

By Maggie Fick and Jacob Gronholt-Pedersen LONDON (Reuters) -Novo Nordisk's new CEO Maziar Mike Dous...

29th July, 2025

Image for Instant View: Reaction to new Novo Nordisk CEO, profit warning
Headlines

Instant View: Reaction to new Novo Nordisk CEO, profit warning

(Reuters) -Novo Nordisk on Tuesday appointed insider Mike Doustdar as its new chief executive after...

29th July, 2025

Image for IMF nudges up 2025 growth forecast but says tariff risks still dog outlook
Headlines

IMF nudges up 2025 growth forecast but says tariff risks still dog outlook

By Andrea Shalal (Reuters) -The IMF on Tuesday edged its global growth forecast slightly higher for...

29th July, 2025

Image for EU deadline on Downtown deal extended to December 10 after Universal asks for more time
Headlines

EU deadline on Downtown deal extended to December 10 after Universal asks for more time

BRUSSELS (Reuters) -EU antitrust regulators have extended their decision deadline on a $775-million...

29th July, 2025

Image for European second-quarter corporate profits expected to rise after EU-US tariff deal
Headlines

European second-quarter corporate profits expected to rise after EU-US tariff deal

(Reuters) -The outlook for European corporate health has improved, the latest earnings forecasts sho...

29th July, 2025

Image for Pound at 10-week low against dollar after US-EU trade deal
Finance

Pound at 10-week low against dollar after US-EU trade deal

By Lucy Raitano LONDON (Reuters) -The pound fell to a 10-week low against a stronger dollar on Tuesd...

29th July, 2025