financial markets

Image for Porsche SE earnings down a third as German carmakers struggle
Investing

Porsche SE earnings down a third as German carmakers struggle

(Reuters) – Porsche SE’s earnings after tax fell a third, to 2.5 billion euros ($2.65 billion), in t...

13th November, 2024

Image for Just Eat Takeaway sells US unit Grubhub for $650 million, shares jump 20%
Business

Just Eat Takeaway sells US unit Grubhub for $650 million, shares jump 20%

By Michal Aleksandrowicz and Gianluca Lo Nostro (Reuters) -Europe’s biggest meal delivery firm Just...

13th November, 2024

Image for BNP lays off a dozen China dealmakers amid fee plunge
Banking

BNP lays off a dozen China dealmakers amid fee plunge

HONG KONG (Reuters) – France’s BNP Paribas has cut a dozen jobs in mainland China and Hong Kong, a s...

13th November, 2024

Image for Stocks struggle on unease about higher bond yields as focus turns to US inflation
Investing

Stocks struggle on unease about higher bond yields as focus turns to US inflation

By Alun John and Kevin Buckland LONDON/TOKYO (Reuters) –World stocks dropped for a second successive...

13th November, 2024

Image for Sterling drifts near 3-month lows vs dollar
Trading

Sterling drifts near 3-month lows vs dollar

By Medha Singh (Reuters) – The pound hovered near three-month lows against a stronger dollar on Wedn...

13th November, 2024

Image for Factbox-Seven & i’s reported offer and the biggest management buyouts to date
Business

Factbox-Seven & i’s reported offer and the biggest management buyouts to date

By Kane Wu HONG KONG (Reuters) – Japan’s Seven & i Holdings said on Wednesday it has received a buyo...

13th November, 2024

Image for Oil prices hold near 2-week low on gloomy demand outlook
Trading

Oil prices hold near 2-week low on gloomy demand outlook

By Arunima Kumar (Reuters) – Oil prices held near their lowest in two weeks on Wednesday, a day afte...

13th November, 2024

Image for Dollar rises on Trump tariff hopes, bitcoin retreats after rally
Trading

Dollar rises on Trump tariff hopes, bitcoin retreats after rally

By Chibuike Oguh and Harry Robertson NEW YORK/LONDON (Reuters) – The U.S. dollar rose to a near five...

12th November, 2024

Image for China jitters, earnings drag Europe’s STOXX 600 to three-month low
Investing

China jitters, earnings drag Europe’s STOXX 600 to three-month low

By Shashwat Chauhan and Pranav Kashyap (Reuters) -Europe’s main index plunged 2% to a near three-mon...

12th November, 2024

Image for Analysis-German government collapse could have silver lining for Europe’s markets
Finance

Analysis-German government collapse could have silver lining for Europe’s markets

By Yoruk Bahceli, Samuel Indyk and Danilo Masoni LONDON (Reuters) – The collapse of Germany’s govern...

12th November, 2024

Image for SoftBank books $7.7 billion quarterly gain as Vision Fund finds its feet again
Banking

SoftBank books $7.7 billion quarterly gain as Vision Fund finds its feet again

By Anton Bridge TOKYO (Reuters) -Japan’s SoftBank Group swung to a 1.18 trillion yen ($7.7 billion)...

12th November, 2024

Image for Earnings, China worries drag FTSE 100 to three-month low
Investing

Earnings, China worries drag FTSE 100 to three-month low

By Pranav Kashyap (Reuters) – London’s benchmark index hit its lowest point in over three months on...

12th November, 2024