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The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, April 24, 2024.

European stocks slip as mixed earnings offset M&A cheer

(Reuters) - European stocks slipped on Thursday following mixed earnings from blue-chip companies such as Nestle and Deutsche Bank, while big M&A news in the mining sector powered Britain's FTSE 100 to fresh highs. The pan-European STOXX ...

Updated 25 minutes ago |1 min read

Analysis-BHP's proposed bid for Anglo American is a big bet on copper

Updated 26 minutes ago |4 min read

De Beers delivers first production from underground operations at its Venetia Mine in South Africa in this undated handout picture. ANGLO AMERICAN AND DE BEERS GROUP/ HANDOUT via

Tech companies plug into India's smaller cities for talent

Updated 36 minutes ago |3 min read

Employees stand at a front desk of healthcare section of HCLTech inside its office building on the outskirts of Lucknow, India, March 20, 2024.

China's largest auto show showcases all-electric future, local brands dominate

Updated 1 hour ago |4 min read

Four South Korean budget airlines submit bids for Asiana cargo unit, media says

Updated 5 minutes ago |1 min read

BHP Group makes $38.8 billion play for Anglo American, copper in focus

Updated 1 hour ago |1 min read

A staff member cleans a display showing the locations of battery maker CATL's production bases, at the CATL booth during the first China International Supply Chain Expo (CISCE) in Beijing, China November 28, 2023.

Chinese EV battery maker CATL unveils LFP battery with 1,000 km range

Reuters |Updated 1 hour ago |1 min read

BEIJING (Reuters) - Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron phosphate (LFP) battery with a driving range of more than 1,000 kilometres (621 miles) on a single charge. The Shenxing Plus is the world's ...

South African Rand coins are seen in this illustration picture taken October 28, 2020.

South African rand little changed before producer inflation data

Reuters |Updated 1 hour ago |1 min read

JOHANNESBURG (Reuters) - The South African rand was little changed in early trade on Thursday, as traders looked ahead to the release of domestic producer inflation figures. At 0615 GMT, the rand traded at 19.1950 against the dollar, not far from ...

China's version of Neuralink unveiled at tech forum

Reuters |Updated 1 hour ago |1 min read

BEIJING (Reuters) - A Chinese state-backed company on Thursday unveiled a brain chip similar to the technology developed by Elon Musk's startup Neuralink. The company, Beijing Xinzhida Neurotechnology, developed a brain-computer interface (BCI) ...

Meta shares plunge 16% in Frankfurt after AI spending, revenue forecast

Reuters |Updated 2 hours ago |1 min read

LONDON (Reuters) - Meta Platforms shares plunged 16% early in Frankfurt on Thursday after forecasts of higher expenses and lighter revenue than expected disappointed investors. Shares in the Facebook parent were down 15.9% by 0614 GMT. Meta ...

Japan brokerage Daiwa's Q4 profit more than doubles

Reuters |Updated 5 minutes ago |1 min read

(Corrects paragraph 1 to clarify that the wholesale division did not post a record profit) TOKYO (Reuters) -Daiwa Securities Group, Japan's second largest brokerage and investment bank, reported on Thursday a jump of 131% in quarterly net profit ...

People walk on a shopping street in the southern German town of Konstanz January 17, 2015.

Pulled real estate deals highest in Europe since global financial crisis, says MSCI

Iain Withers |Updated 2 hours ago |2 min read

By Iain Withers LONDON (Reuters) - Real estate deals in Europe fell through in their highest numbers since the global financial crisis in the first quarter of 2024, data firm MSCI Real Assets said on Thursday, as economic uncertainty in the ...

Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023.

LSEG reports in-line first quarter as Microsoft partnership progresses

Reuters |Updated 4 minutes ago |2 min read

By Huw Jones LONDON (Reuters) -The London Stock Exchange Group said on Thursday its first quarter growth was in line with plans as products from its partnership with Microsoft are due to be rolled out in the first half of 2024, as expected. LSEG said ...

A view of plastic sachets of Unilever's Sunlight and Surf Excel laundry detergent at a shop in Colombo, Sri Lanka, June 1, 2022. Picture taken June 1, 2022.

Unilever beats first quarter sales forecasts, sticks to 2024 outlook

Reuters |Updated 4 minutes ago |1 min read

By Agata Rybska (Reuters) -Unilever said on Thursday its first-quarter sales rose by a better than expected 4.4%, as one of the world's biggest consumer goods groups won back shoppers who had traded down to cheaper products. Unilever, which makes ...

Branding signage for WPP, the largest global advertising and public relations agency at their offices in London, Britain, July 17, 2019.

Ad group WPP reports 1.6% drop in first-quarter organic growth

Reuters |Updated 25 minutes ago |1 min read

LONDON (Reuters) - British ad group WPP reported a 1.6% drop in organic growth in the first quarter, lagging its major rivals, after it was hit by loss of business from healthcare client Pfizer and reduced spending by technology companies. WPP, ...

A model presents creations by designer Veronique Nichanian as part of her Menswear ready-to-wear Spring/Summer 2024 collection show for fashion house Hermes during Men's Fashion Week in Paris, France, June 24, 2023.

Hermes 1st quarter sales jump 17% on strong China demand

Reuters |Updated 16 minutes ago |2 min read

By Mimosa Spencer PARIS (Reuters) -Birkin bag maker Hermes reported a 17% surge in first-quarter sales on Thursday, sustaining a rapid growth rate from the previous quarter including in China, and underlining strong demand for high end luxury. Sales ...