Europe

European shares edge up as earnings flurry quells Fed angst

European shares edge up as earnings flurry quells Fed angst

Published 18/10/2018

LONDON (Reuters) - European shares traded slightly higher on Thursday as a flurry of corporate trading updates quelled fears of fast-rising U.S. interest rates amid [more…]

Price increases underpin sales growth at Nestle, Unilever

Price increases underpin sales growth at Nestle, Unilever

Published 18/10/2018

LONDON (Reuters) - Nestle (NESN.S) and Unilever (ULVR.L) (UNc.AS), two of the world’s biggest consumer goods makers, both reported a pick-up in quarterly sales on [more…]

Lack of Italy debt contagion explodes notion of euro periphery

Lack of Italy debt contagion explodes notion of euro periphery

Published 18/10/2018

LONDON (Reuters) - The striking lack of financial contagion across the euro zone from Italy’s bond-market blowout this year shows investors are breaking an eight-year [more…]

Oil falls below $80 on rising U.S. stockpiles

Oil falls below $80 on rising U.S. stockpiles

Published 18/10/2018

LONDON (Reuters) - Oil fell $1 a barrel to below $80 on Thursday as the fourth weekly increase in U.S. crude inventories suggested ample supply, [more…]

Ericsson has dismissed 50 employees following U.S. corruption probe

Ericsson has dismissed 50 employees following U.S. corruption probe

Published 18/10/2018

STOCKHOLM (Reuters) - Mobile telecom gear maker Ericsson (ERICb.ST) said on Thursday that it has dismissed 50 people over a U.S. corruption probe it warned [more…]

Dollar snaps gains as Fed-fuelled rally fizzles

Dollar snaps gains as Fed-fuelled rally fizzles

Published 18/10/2018

LONDON (Reuters) - The dollar stepped back from a one-week high on Thursday as investors took profits after a rally this week encouraged by upbeat [more…]

Dollar steadies as Fed minutes weigh on stocks, yuan

Dollar steadies as Fed minutes weigh on stocks, yuan

Published 18/10/2018

LONDON (Reuters) - The dollar held near a one-week high on Thursday and stocks were mixed after minutes showing the Federal Reserve may favor more [more…]

Sirius XM, Amazon join forces in push linked to Echo devices

Sirius XM, Amazon join forces in push linked to Echo devices

Published 18/10/2018

(Reuters) - Satellite radio company Sirius XM Holdings Inc is teaming up with Amazon.com in its push into listeners’ homes to move beyond its stronghold [more…]

EU leaders seek stronger euro zone as Italy challenges rules

EU leaders seek stronger euro zone as Italy challenges rules

Published 18/10/2018

BRUSSELS (Reuters) - European Union leaders will discuss on Thursday how to make the euro zone more resilient to crises, with the bloc’s third biggest [more…]

HSBC poised to be first firm to issue Chinese Depositary Receipts:…

HSBC poised to be first firm to issue Chinese Depositary Receipts:…

Published 18/10/2018

HONG KONG (Reuters) - HSBC Holdings PLC (HSBA.L) is set to be the first company to issue Chinese Depositary Receipts (CDRs), through a link between [more…]