markets

Image for How the US could clear mines from the Strait of HormuzFinance

How the US Could Clear Mines From the Strait of Hormuz

Image for European corporate earnings set for meagre growth, barring energy majorsFinance

European Corporate Earnings Set for Meagre Growth, Barring Energy Majors

Image for Gucci-owner’s new strategy looks half dressedFinance

Gucci-Owner’s New Strategy Looks Half Dressed

Image for Lufthansa withdraws CityLine subsidiary aircraft amid rising cost of fuel, industrial actionFinance

Lufthansa Withdraws CityLine Subsidiary Aircraft Amid Rising Cost of Fuel, Industrial Action

Image for ECB yet to see big second-round inflation impacts from energy price surge, policymaker Kazaks says

ECB yet to See Big Second-Round Inflation Impacts From Energy Price Surge, Policymaker Kazaks Says

Date: April 16, 2026

By Balazs Koranyi WASHINGTON, April 16 (Reuters) - The European Central Bank cannot take an April 30 interest rate hike off the table just yet, even if energy prices are not far from the baseline...

Image for Stellantis, Microsoft sign five-year partnership for AI push

Stellantis, Microsoft Sign Five-Year Partnership for AI Push

Date: April 16, 2026

MILAN, April 16 (Reuters) - Stellantis and Microsoft said on Thursday they agreed to a five‑year strategic partnership to co-develop artificial intelligence (AI), cybersecurity and engineering...

Image for Mercedes aims for up to 600,000 unit sales per year in China in mid term, CFO says

Mercedes Aims for up to 600,000 Unit Sales per Year in China in Mid Term, CFO Says

Date: April 16, 2026

April 16 (Reuters) - Mercedes-Benz has targeted a sales volume of 500,000-600,000 vehicles per year in China in the medium term, its Chief Financial Officer Harald Wilhelm said on Thursday. The car...

Image for UK's Intertek rejects private equity EQT's buyout proposal

UK's Intertek Rejects Private Equity EQT's Buyout Proposal

Date: April 16, 2026

April 16 (Reuters) - UK product testing and certifications group Intertek has rejected Sweden-based EQT AB's takeover proposal, the private equity firm said on Thursday, sending the British firm's...

Image for Strong ASML, TSMC forecasts signal AI spending boom is intact

Strong Asml, Tsmc Forecasts Signal AI Spending Boom Is Intact

Date: April 16, 2026

By Zaheer Kachwala and Deborah Mary Sophia April 16 (Reuters) - Strong forecasts from ASML and TSMC this week point to another quarter of hefty spending by American cloud-computing giants as they race...

Image for Top officials have offered Putin ideas for economic growth after contraction, Kremlin says

Top Officials Have Offered Putin Ideas for Economic Growth After Contraction, Kremlin Says

Date: April 16, 2026

MOSCOW, April 16 (Reuters) - Russia's top economic officials have made proposals to President Vladimir Putin about how to kick-start the economy after he scolded them for a contraction in the first...