Indices

Macron, referring to French market slump, says France is solid -spokesperson

PARIS -French President Emmanuel Macron, referring to a slump this week in the French stock and bond markets ahead of a looming government confidence vote, told members his cabinet that France was...

Chinese savers are a booming stock market's next catalyst

SHANGHAI/HONG KONG -China's stock market is on a tear supported by state money and big institutions, and analysts say the absence of retail investor euphoria suggests the rally has legs even as the...

Oil edges up on US crude stocks drop, impact of US tariffs on India

HOUSTON -Oil prices settled higher on Wednesday after data showed a larger-than-expected drop in U.S. crude inventories and as investors weighed the potential impact from new U.S. tariffs on...

New Development Bank names RBI's Rajiv Ranjan as vice president

BENGALURU -New Development Bank , a multilateral lender developed by BRICS member nations, said on Monday it had appointed India's central bank executive director, Rajiv Ranjan, as its vice...

Keurig Dr Pepper brews coffee challenge to Nestle with $18 billion JDE Peet's takeover

U.S. soft drinks giant Keurig Dr Pepper is set to create a global coffee giant to rival market leader Nestle with an $18 billion takeover of JDE Peet's, Europe's largest acquisition in more than two...

Exclusive-Sona poised to hire Cheyne's Hill as CFO for $13.6 billion manager, source says

LONDON -Sona Asset Management is set to hire David Hill as its new chief financial officer, a source close to the matter told Reuters on Friday.  Hill will likely join the investment...

UBS lifts S&P 500 annual target for second time in two months

UBS Global Wealth Management lifted its year-end target for the S&P 500 index for the second time in two months, betting on corporate earnings strength, easing trade tensions and expectations of...

European shares close at five-month highs after Powell hints at September rate cut

European shares closed at their highest level in more than five months on Friday after U.S. Federal Reserve Chair Jerome Powell pointed to a possible September interest rate cut in his Jackson Hole...

Oil prices rise, make weekly gains as Ukraine peace process stalls

HOUSTON - -Oil prices steadied on Friday amid uncertainty surrounding a potential peace deal between Russia and Ukraine, with prices gaining on the week for the first time in three weeks. ...

China's Bio-Thera Solutions licenses its arthritis drug to Germany's STADA

HONG KONG -China's Bio-Thera Solutions said on Thursday it has granted Germany's STADA Arzneimittel commercialisation rights for its arthritis drug BAT1806 in the EU, UK, Switzerland, certain Middle...

Lula, Macron discuss US tariffs, Mercosur-EU deal in phone call

SAO PAULO/PARIS -Brazilian President Luiz Inacio Lula da Silva spoke by phone on Wednesday with his French counterpart Emmanuel Macron and discussed U.S. tariffs and the Mercosur-European Union trade...

Oil flows resume to Hungary, Slovakia via Druzhba pipeline, officials say

Oil is once again flowing to Hungary and Slovakia via the Druzhba pipeline, officials from both countries said late on Tuesday, after a Ukrainian drone strike on an oil pumping station in Russia's...

Wall Street tech selloff deepens, European shares steady

MUMBAI/SAN FRANCISCO -Wall Street shares dropped on Wednesday, with a tech selloff extending into a second day, while a key meeting of central bankers later this week remained in focus for currency...

US hikes steel, aluminum tariffs on imported appliances, railcars, EV parts

WASHINGTON -The U.S. Commerce Department said on Tuesday it is hiking steel and aluminum tariffs on more than 400 products including wind turbines, mobile cranes, appliances, bulldozers and other...

Nasdaq tumbles, European shares rise as investors digest Ukraine peace efforts

LONDON/SAN FRANCISCO -Wall Street stocks fell, European equities rose and oil edged down on Tuesday as traders assessed the previous day's White House talks on the war in Ukraine, and looked ahead to...

Oil prices fall on talks to end Russian invasion of Ukraine

HOUSTON -Oil prices fell on Tuesday as traders bet that talks over a possible agreement to legitimize or end Russia's invasion of Ukraine could ease sanctions on Russian crude oil, boosting global...

Global markets face shaky week ahead as US pressure mounts on Ukraine

LONDON -Defence stocks and energy markets are likely to be in focus this week, as European leaders rushed to back Ukraine in talks with U.S. President Donald Trump that may pressure Kyiv to accept a...

Exclusive-US mulled use of Russia icebreakers for gas development ahead of summit-sources

LONDON -The United States has had internal discussions on using Russian nuclear-powered icebreaker vessels to support the development of gas and LNG projects in Alaska as one of the possible deals to...

British Gas owner Centrica enters natural gas deal with US-based Devon Energy

British Gas owner Centrica said on Friday it has entered into a natural gas agreement with Devon Energy, in which the U.S.-based firm will supply an equivalent to five LNG cargoes per year over a...