A look at the day ahead in European and global markets from Stella Qiu So, President Donald Trump said we may need to wait two more weeks until he decides whether to launch a U.S. attack on Iran. In the meantime, markets are mostly breathing a sigh of relief but remain cautious over conflict in …
Morning Bid: Markets breathe easier as Trump hedges on Iran Read More »
LONDON (Reuters) -British consumer confidence rose this month to its highest level of 2025 as sentiment about the economy improved, but the threat of rising energy bills stemming from war in the Middle East is hanging over the outlook, a survey showed on Friday. The consumer confidence index from market research firm GfK rose to …
UK consumer morale ticks up but Middle East conflict clouds outlook Read More »
BERLIN (Reuters) -Germany’s federal and state government tax revenues rose at a slower pace in May than in recent months, growing 2.6% from the same month last year, the finance ministry said on Friday. That compares with rises of 10.2% in April, 11.1% in March and 8.1% in February. Total tax revenue in May came …
German tax revenues up 2.6% in May, finance ministry says Read More »
(Reuters) -The European Union said on Thursday it was seeking more information from Elon Musk’s X about changes to its corporate structure, months after the social media platform was bought by xAI in a $33 billion deal. “We are following closely changes in the corporate structure of X, as we would changes in any other …
EU says it is probing corporate structure of Musk’s X months after xAI deal Read More »
By Mathieu Rosemain PARIS (Reuters) -The French state is set to become Eutelsat’s biggest shareholder following a 1.35 billion-euro $1.55 billion) capital increase that the financial ministry said will help the satellite company compete with Elon Musk’s Starlink. Debt-laden Eutelsat has garnered unprecedented attention this year from European governments seeking alternatives as the policies of …
France gives Eutelsat capital boost to try to build European satellite champion Read More »
LONDON (Reuters) -A former Janus Henderson analyst was on Thursday found guilty of using confidential information on companies including Daimler, Jet2 and THG to make nearly 1 million pounds ($1.3 million) after a London court trial. Redinel Korfuzi, 38, was accused of using information he accessed through his job as a research analyst at the …
Ex-Janus Henderson analyst found guilty of insider dealing in UK Read More »
(Reuters) -An escalation of the Iran-Israeli hostilities could keep Brent oil prices trading about 15% to 20% above pre-conflict levels if the war disrupts 1.1 million barrels per day (bpd) of Iranian oil exports, analysts at Citibank said on Thursday. “This implies Brent prices should be in the $75 to $78/bbl range,” Citi said in …
CALGARY (Reuters) -Oil prices jumped almost 3% on Thursday as a week-old air war between Israel and Iran escalated and uncertainty about potential U.S. involvement kept investors on edge. Brent crude futures settled up $2.15, or 2.8%, to $78.85 a barrel, its highest close since January 22. U.S. West Texas Intermediate crude for July was …
Oil prices up nearly 3% as Israel-Iran conflict escalates, US response remains uncertain Read More »
By Purvi Agarwal and Pranav Kashyap (Reuters) -London stocks dropped to an over two-week low on Thursday as the Bank of England left borrowing costs unchanged, while the raging conflict in the Middle East kept risk-taking in check. The benchmark FTSE 100 closed down 0.6%, with a stronger pound adding additional pressure on the index. …
London stocks fall as BoE keeps rates on hold; Middle East tensions persist Read More »
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google faced a potential setback on Thursday as an adviser to Europe’s highest court sided with EU antitrust regulators in the company’s fight against a record 4.34 billion euro ($4.98 billion) fine levied seven years ago. The European Commission in its 2018 decision said Google had used its …
Google faces setback as EU court adviser backs antitrust regulators Read More »
