By Marc Jones LONDON (Reuters) – Sunday’s Euro 2024 final between England and Spain and the Copa America showdown between Argentina and Colombia both look like being tight affairs –[...]
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July 12, 2024
China’s exports top forecasts, but falling imports point to more stimulus
By Joe Cash BEIJING (Reuters) -China’s exports grew at their fastest in fifteen months in June, suggesting manufacturers are front-loading orders ahead of tariffs expected from a growing number[...]
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BNY beats quarterly profit estimates on investment service fee boost
(Reuters) -BNY beat Wall Street’s expectations for second-quarter profit on Friday, as strong investment service fees more than offset lower interest income, sending the world’s largest cu[...]
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US equity funds see outflows on caution ahead of earnings reports
(Reuters) – U.S. equity funds faced their first weekly outflow in three weeks in the seven days to July 10 as caution and profit-taking took hold ahead of the new earnings season. According to L[...]
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Germany’s Lufthansa cuts 2024 profit target for a second time
By Joanna Plucinska, Ludwig Burger and Ozan Ergenay LONDON/FRANKFURT (Reuters) – Deutsche Lufthansa slashed its 2024 earnings guidance for a second time and issued a profit warning for its secon[...]
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Springer and KKR considering split of German media giant, sources say
BERLIN (Reuters) – German media giant Axel Springer, which owns Germany’s popular Bild tabloid and political news company Politico, is considering a split of the company together with priv[...]
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Global bond funds see hefty inflows on expectations of rate cut
(Reuters) – Global debt funds attracted inflows for a 29th straight week in the seven days to July 10 on expectations of a Federal Reserve rate cut amid weakening labour market conditions and ea[...]
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Move by some NATO members to let Kyiv strike Russia with their arms is a dangerous escalation, Kremlin says
MOSCOW (Reuters) – The Kremlin said on Friday that it had noted some Western countries’ statements at this week’s NATO summit permitting Kyiv to use arms they had supplied to strike[...]
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Oil trades in narrow range since 2022 on OPEC+, sanctions and demand worries
By Ahmad Ghaddar and Alex Lawler LONDON (Reuters) – Brent crude oil has been trading in a tight range of $75-$90 a barrel since late 2022 as OPEC+ cuts keep a floor under prices while sizeable s[...]
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