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Explainer-Why European money market funds inflows are lagging behind the U.S. torrent?

Explainer-Why European money market funds inflows are lagging behind the U.S. torrent?

By Harry Robertson LONDON (Reuters) – Investors poured $367 billion into U.S. money market funds in March, according to data pro..

Cryptoverse: Ethereum upgrade to unlock $33 billion

Cryptoverse: Ethereum upgrade to unlock $33 billion

By Medha Singh and Lisa Pauline Mattackal (Reuters) – Investors are finally set to gain access to more than $33 billion of ether..

Headlines

Hong Kong finance official to make first visit to Britain in three years

Hong Kong finance official to make first visit to Britain in three years

HONG KONG (Reuters) – A top financial official from Hong Kong is set to visit Britain in April in the first ministerial-level visit by an offici..

British doctors’ strikes risk patient safety, minister says

British doctors’ strikes risk patient safety, minister says

LONDON (Reuters) – Britain’s health minister warned patients’ safety is at risk as junior doctors began four days of..

US House committee chair ‘concerned’ by Tesla deals in China

US House committee chair ‘concerned’ by Tesla deals in China

By Michael Martina and Patricia Zengerle WASHINGTON (Reuters) – The leader of a U.S. congressional committee on China said on Mo..

Wall Street slips, dollar gains as Fed seen hiking rates in May

Wall Street slips, dollar gains as Fed seen hiking rates in May

By Herbert Lash NEW YORK (Reuters) – U.S. stock indexes fell and the dollar rose on Monday after strong jobs data last week sugg..

Bank of Canada seen on hold even as economy accelerates

Bank of Canada seen on hold even as economy accelerates

By Fergal Smith TORONTO (Reuters) -The Bank of Canada is expected to take in stride surprising recent economic strength and leave inte..

Intel leak has U.S. officials bracing for impact at home and abroad

Intel leak has U.S. officials bracing for impact at home and abroad

By Idrees Ali and Jonathan Landay WASHINGTON(Reuters) – The U.S. national security community is grappling with fallout from the ..

India’s Tata Motors jumps to a 7-month high on strong Q4 JLR sales

India’s Tata Motors jumps to a 7-month high on strong Q4 JLR sales

BENGALURU (Reuters) – Shares of Indian automaker Tata Motors Ltd rose as much as 8.15% to a seven-month high on Monday after its..

Yen sinks as rates outlook diverges; NZ dollar tumbles

Yen sinks as rates outlook diverges; NZ dollar tumbles

By Kevin Buckland TOKYO (Reuters) – The yen sank against major peers on Monday after U.S. payrolls data bolstered the case for f..

Soccer-England’s Houghton will keep ‘knocking the door’ for the World Cup

Soccer-England’s Houghton will keep ‘knocking the door’ for the World Cup

(Reuters) – Former England captain Steph Houghton has said it has been tough to deal with her omission from the national team as..

Factbox-From holy oil to sceptres and a spoon: King Charles’ coronation ceremony

Factbox-From holy oil to sceptres and a spoon: King Charles’ coronation ceremony

LONDON (Reuters) – The ceremony for King Charles’s coronation at Westminster Abbey in London on May 6 will involve histori..

London’s FTSE 100 climbs ahead of Easter break

London’s FTSE 100 climbs ahead of Easter break

By Sruthi Shankar and Shristi Achar A (Reuters) -UK’s blue-chip index rose on Thursday, gaining for a third consecutive week, as..

IMF’s Georgieva sees global growth below 3% in 2023, robust recovery ‘elusive’

IMF’s Georgieva sees global growth below 3% in 2023, robust recovery ‘elusive’

By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund expects global economic growth to dip below 3% in 2023 and to r..

Jaguar Land Rover posts Q4 free cash flow about $1 billion

Jaguar Land Rover posts Q4 free cash flow about $1 billion

(Reuters) -Jaguar Land Rover expects free cash flow of over 800 million pounds (about $1 billion) for the fourth quarter, boosted by a..

Sterling hovers just below 10-month high, with focus on U.S. job numbers

Sterling hovers just below 10-month high, with focus on U.S. job numbers

By Harry Robertson LONDON (Reuters) – The pound hovered just below its highest level in 10 months on Thursday as investor focus ..

Ford aims a new electric van at European cities – and startups

Ford aims a new electric van at European cities – and startups

By Joseph White DETROIT (Reuters) – Ford Motor Co unveiled a new electric Courier van aimed at winning business customers in Eur..

Avolon CEO says Q1 business boosted by China reopening

Avolon CEO says Q1 business boosted by China reopening

DUBLIN (Reuters) – Aircraft leasing company Avolon on Thursday said the reopening of China after it eased strict COVID-19 rules ..

German industrial output rises more than expected in February

German industrial output rises more than expected in February

BERLIN (Reuters) -German industrial production rose significantly more than expected in February due in part to vehicle manufacturing,..

UK house prices rise for 3rd month in a row, Halifax says

UK house prices rise for 3rd month in a row, Halifax says

LONDON (Reuters) – British house prices rose for a third month in a row in March, representing a further calming of the market a..

Analysis-Easter travel warnings pile pressure on European airlines

Analysis-Easter travel warnings pile pressure on European airlines

By Joanna Plucinska and Silvia Aloisi LONDON/PARIS (Reuters) – European aviation is gearing up for Easter travel disruptions mar..

Pension protests to bring ‘maximum’ workers in France after government, union talks fail

Pension protests to bring ‘maximum’ workers in France after government, union talks fail

By Silvia Aloisi PARIS (Reuters) – France braced for a new round of nationwide protests and strikes on Thursday after a meeting ..

US fines British Airways $135,000 over tarmac delay in 2017

US fines British Airways $135,000 over tarmac delay in 2017

By David Shepardson NEW YORK (Reuters) – The U.S. Transportation Department (USDOT) Wednesday imposed a $135,000 penalty on Brit..

Roller coaster March puts macro hedge funds in red, others post small gains

Roller coaster March puts macro hedge funds in red, others post small gains

By Carolina Mandl and Svea Herbst-Bayliss NEW YORK (Reuters) -Big market swings in March sparked by a banking crisis hurt some hedge f..

Australian mayor readies world’s first defamation lawsuit over ChatGPT content

Australian mayor readies world’s first defamation lawsuit over ChatGPT content

By Byron Kaye SYDNEY (Reuters) – A regional Australian mayor said he may sue OpenAI if it does not correct ChatGPT’s false..

Wall St ends lower, Treasury yields slide as data fuels recession jitters

Wall St ends lower, Treasury yields slide as data fuels recession jitters

By Stephen Culp NEW YORK (Reuters) – U.S. stocks lost ground on Wednesday and Treasury yields extended their decline as a batch ..

Stellantis unveils Ram EV pickup, to debut late in 2024, at New York auto show

Stellantis unveils Ram EV pickup, to debut late in 2024, at New York auto show

By David Shepardson NEW YORK (Reuters) -Chrysler parent Stellantis NV on Wednesday unveiled its new electric Ram pickup truck, which i..

Analysis-Global climate coalitions need safer harbour from antitrust turbulence

Analysis-Global climate coalitions need safer harbour from antitrust turbulence

LONDON (Reuters) -Global companies that form alliances to help them to tackle climate change need clear “safe harbour” gui..

Cryptoverse: Bitcoin traders like their options

Cryptoverse: Bitcoin traders like their options

By Medha Singh and Lisa Pauline Mattackal (Reuters) – Even as bitcoin flies high, investors are keeping their options open, judg..

Headlines

Deutsche Telekom reaches majority stake in T-Mobile U.S. – CEO

Deutsche Telekom reaches majority stake in T-Mobile U.S. – CEO

(Reuters) – Deutsche Telekom now holds a majority in T-Mobile U.S., the chief executive of the German telecoms company said on Wednesday. The co..

Headlines

Italy probes Meta over abuse of position in music rights case

Italy probes Meta over abuse of position in music rights case

MILAN (Reuters) – Italy’s antitrust authority said on Wednesday it would investigate Meta Platform over the possible abuse of its position..

Ladbrokes owner Entain buys sports media business 365scores

Ladbrokes owner Entain buys sports media business 365scores

(Reuters) -British gambling group Entain Plc said on Wednesday it acquired sports media business 365scores for up to $160 million to i..

ICRC to cut some 1,500 jobs as humanitarian budgets seen sliding

ICRC to cut some 1,500 jobs as humanitarian budgets seen sliding

GENEVA (Reuters) – The International Committee of the Red Cross said it would cut some 1,5000 jobs and roll back operations in s..

UK investors add $1.2 billion to equity funds in March – Calastone

UK investors add $1.2 billion to equity funds in March – Calastone

LONDON (Reuters) – UK investors shrugged off fears about the banking sector in March and put 960 million pounds ($1.2 billion) o..

Headlines

German industrial orders rise more than expected in February

German industrial orders rise more than expected in February

BERLIN (Reuters) -German industrial orders rose more than expected in February driven by strong growth in the vehicle construction sector. Orders incr..

Headlines

UK new car sales rise 17% in March; best ever month for EVs

UK new car sales rise 17% in March; best ever month for EVs

(Reuters) – New car registrations in the United Kingdom rose for the eighth consecutive month in March, recording a more than 17% rise from a ye..

Biden tells Britain’s King Charles the first lady will attend coronation

Biden tells Britain’s King Charles the first lady will attend coronation

WASHINGTON (Reuters) – U.S. President Joe Biden told Britain’s King Charles in a phone call on Tuesday that first lady Jil..