LONDON (Reuters) -British house prices unexpectedly fell in March, according to data from mortgage lender Halifax which represented the latest sign of a cooling in the market after a rush to buy homes ahead of the expiry of a tax break. House prices fell by 0.5% last month from February, Halifax said on Monday. A …
UK house prices fall as market feels tax break hangover Read More »
By Stefano Rebaudo (Reuters) – Euro area short-dated yields fell on Monday after hitting a 2-1/2-year low on Friday as fears of a global trade war led investors to boost bets on European Central Bank monetary easing, pricing a 90% chance of a rate cut next week. U.S. President Donald Trump warned foreign governments they …
Euro area short-dated yields drop, spreads widen on tariff fears Read More »
By James Davey LONDON (Reuters) – Tesco reports full-year results on Thursday, giving Britain’s biggest supermarket group a platform to respond to rival Asda’s move to lower prices that sent shares in the listed grocers tumbling. Asda, the UK’s number three food retailer, said last month it would take a hit to profit to finance …
Britain’s Tesco to address Asda pricing challenge Read More »
PARIS (Reuters) – Airbus delivered 71 jets in March, bringing first-quarter deliveries to 136 units, industry sources said. The figure fine-tunes estimates after Reuters reported last week that the planemaker had delivered around 70 planes in March. Airbus declined comment ahead of a monthly release due on Wednesday after the market close. (Reporting by Tim …
Airbus delivered 71 airplanes in March, sources say Read More »
SHANGHAI/BEIJING (Reuters) – China’s move to impose 34% tariffs on all U.S. goods in a tit-for-tat blow against U.S. President Donald Trump is set to roil industries from aviation to agriculture. Here are some of the U.S. sectors and companies that are set to take the biggest hit: PLANES China’s retaliatory tariffs are set to …
Factbox-US companies most vulnerable to China’s retaliatory import tariffs Read More »
(Reuters) – A look at the day ahead in European and global markets from Wayne Cole Another day, another rout in Asian markets as President Trump shows no sign of backing away from his tariff plans despite the bonfire of wealth engulfing equity markets. Investors had thought the spectre of trillions of dollars lost would …
Morning bid: Tariff medicine’s crippling side effects Read More »
By Allison Lampert and Tim Hepher (Reuters) -Howmet Aerospace, which supplies parts for planes built by Airbus and Boeing, may halt some shipments if they are impacted by tariffs announced by U.S. President Donald Trump, according to a letter seen by Reuters. Pittsburgh-based Howmet said in the letter to customers that it has declared a …
Aircraft supplier Howmet may halt orders if hit by Trump tariffs, letter says Read More »
By Jan Strupczewski BRUSSELS (Reuters) – European Union finance ministers will discuss this week the setting up of a joint intergovernmental defence fund that would buy and own defence equipment, and charge members a fee for its use, a paper prepared for the ministers’ discussions showed. The paper, drafted by the Bruegel think tank, was …
EU finance ministers to discuss joint fund to buy and own defence gear Read More »
SINGAPORE (Reuters) – Billionaire fund manager Bill Ackman, who endorsed Donald Trump’s run for President, said the U.S. leader was losing the confidence of business leaders and should pause his trade war. “The president has an opportunity to call a 90-day time out,” Ackman said in a post on X, to resolve trade issues via …
Bill Ackman warns Trump is losing business leaders’ confidence Read More »
By Gus Trompiz and Florence Loeve PARIS (Reuters) – Shipping giant CMA CGM and tech startup Mistral AI expect rapid productivity gains from a 100 million euro partnership unveiled on Sunday, which the French firms also touted as a commitment to their home country amid the global trade tensions. The five-year partnership, which will bring …
Shipping giant CMA CGM and French AI startup target customer service in tie-up Read More »
