Indices

European shares advance as markets take US jobs data in stride

European shares closed higher on Thursday as investors took in stride a stronger-than-expected U.S. jobs report, with bank stocks leading gains as focus remained on a potential trade deal between the...

Glencore announces $1 billion share buyback

Glencore said on Wednesday it will buy back shares worth $1 billion starting next week following the merger of global agribusiness Bunge Global with its grain handler Viterra. The...

EU to compensate exporting industries for carbon levy

BRUSSELS -European industries that sell their goods abroad will receive compensation for the CO2 emissions costs they pay in Europe, the European Commission said on Wednesday, in a bid to avoid firms...

Euronext in talks to buy Athens Stock Exchange for $470 million

Euronext is in talks to buy up to 100% of the Athens Stock Exchange in a 399 million euro all-share deal that would be the latest for a group that already operates stock markets in countries...

EU wants upfront relief for key sectors in any US trade deal, sources say

BRUSSELS -The European Union wants immediate relief from tariffs in key sectors as part of any trade deal with the United States due by a July 9 deadline, but the bloc expects even a best-case deal...

UK factory downturn shows signs of easing, morale ticks up, PMI shows

LONDON -Britain's manufacturing sector showed some signs of turning a corner in its long slump and businesses pushed up their prices in June to offset higher labour costs, according to a survey...

UK energy bills may rise as regulator approves 24 billion pound network upgrade

LONDON -Britain's energy watchdog has given the go-ahead to a 24 billion pound investment to upgrade the country's transmission system, but said the move could push up network charges on household...

Trading Day: Ending first half on a record high note

NEW YORK -TRADING DAY Making sense of the forces driving global markets By Lewis Krauskopf, Markets Reporter  Jamie is enjoying some well-deserved time off,...

EU to accept Trump's universal tariff but seeks key exemptions, Bloomberg News reports

The European Union is open to a trade agreement with the United States that would apply a universal 10% tariff on many of its exports, but the EU is seeking U.S. commitments to reduce tariffs in key...

Geopolitical tensions nudge oil outlook higher, but demand concerns persist

Analysts have marginally lifted their oil price forecasts after the flare-up of tensions in the Middle East, but rising OPEC+ supply and a tempered demand outlook continue to weigh on crude, a...

Saudi wealth fund annual profit tumbles 60% as high rates, inflation bite

DUBAI -Saudi Arabia's sovereign wealth fund's assets exceeded $1 trillion in 2024, but its net profit slumped 60% from a year earlier, it reported on Monday, hurt by high interest rates and inflation...

Risk flows as trade talks unclog

A look at the day ahead in European and global markets from Wayne Cole. It was already a risk-on start to the week in Asia when news broke trade talks between the United States and...

Trading Day: Wall Street's twin peaks

ORLANDO, Florida -- TRADING DAY Making sense of the forces driving global markets I'd love to hear from you, so please reach out to me with comments at ....

Global equity funds see outflows for second straight week

Global equity funds saw money outflows for a second straight week in the seven days to June 25 as investors booked profits near record market highs and turned cautious ahead of key U.S. economic...

Investors eye US jobs data as stocks hit record highs

Investors who have been captivated by recent geopolitical events are poised to shift their attention in the coming week to key economic data and policy developments to see if the torrid rally in U.S....

UBS raises S&P 500 index's annual target on fading trade tensions

UBS Global Wealth Management raised its year-end target for the S&P 500 index to 6,200 from its prior forecast of 6,000, banking on softening trade tensions and expectations of resilient quarterly...

AB Foods' bioethanol plant set to be early victim of US-UK trade deal

Associated British Foods said it would close the UK's largest bioethanol plant by September if the government does not provide support and funding, potentially the first victim of Britain's tariff...

Shell says 'no talks are taking place' after WSJ reports BP takeover discussions

LONDON -Shell said on Wednesday that no talks are taking place after a Wall Street Journal article cited unnamed sources saying Shell was in early discussions to take over rival BP. ...

Trump tariffs fan calls by European metal producers for scrap export curbs

BRUSSELS -Metal producers in the European Union are lobbying the bloc to impose export duties or curbs on scrap metal shipments in the next few weeks to stem a sharp increase in flows to the United...