Reuters UK Business

AMSTERDAM (Reuters) -ASML, the computer chip equipment maker that has been hit by successive waves of U.S.-led restrictions on exports to China, said in its annual report on Wednesday that uncertainty over export controls had weakened customer demand in 2024.  “Macroeconomic uncertainty – including [over] technological sovereignty and export controls – led certain customers to …

ASML’s annual report says export curb worries hit customer spending in 2024 Read More »

A look at the day ahead in European and global markets from Kevin Buckland With so much going on in markets right now, it’s hard to know where to look. The raging Trump-led trade war – branded “dumb” by Canadian Prime Minister Justin Trudeau – certainly has investors’ attention, keeping sentiment subdued across asset classes. …

Morning Bid: Tariffs stand out amid menagerie of market drivers Read More »

By Danilo Masoni and Samuel Indyk MILAN/LONDON (Reuters) -Europe’s rush to boost funding for military spending has sent defence stocks on a tear, though investors are now wondering how much more they’re willing to pay for exposure to the region’s biggest rearmament buildup since World War Two. Shares in arms makers including Britain’s BAE Systems …

“Beyond fundamentals”: is Europe’s arms race priced in? Read More »

By Dhara Ranasinghe and Alun John LONDON (Reuters) -The euro and European stock futures rallied, while German Bund futures fell after the parties hoping to form Germany’s next government agreed to create a 500 billion euro ($529.80 billion) infrastructure fund and overhaul borrowing rules. The news, which came after the close of European markets, marks …

Euro, stocks futures cheered by German debt brake agreement, bonds fall Read More »

BERLIN (Reuters) -German financial watchdog Bafin on Tuesday fined Deutsche Bank 23.05 million euros ($24.3 million) over breaches in the sale of derivatives in Spain and two other failings at its Postbank business. Deutsche Bank said it had accepted the fines and had improved its controls and processes. The penalties, while not large, are a …

Deutsche Bank handed $24.3 million fine by German regulator Read More »

By Krystal Hu and Dawn Chmielewski (Reuters) -TikTok’s parent company ByteDance is offering to buy back shares at a higher valuation than six months ago as it launches a new share repurchase program for U.S. employees this week, two people familiar with the matter told Reuters on Tuesday.  ByteDance told its U.S.-based employees that it …

Exclusive-TikTok parent ByteDance valuation rises in latest share buyback, sources say Read More »