BlackRock Inc's (BLK.N) largest mutual fund hiked its exposure to "select names" in energy as the sector has lagged this year, one of its portfolio managers said on Thursday. More »
Strong household and state spending consolidated Germany's role as the euro zone's growth engine in the second quarter, helping Chancellor Angela Merkel to burnish her economic credentials less than six weeks before an election. More »
World stocks rose on Monday, recovering some of their poise after fears of a U.S.-North Korea nuclear standoff drove them to the biggest weekly losses of 2017, while the dollar too rose off four-month lows it had hit against the yen. More »
Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year. More »
Oil prices fell on Monday as a slowdown in Chinese refining raised concerns about demand in the world's second-biggest consumer, while an increase in U.S. drilling capacity could deepen a global supply glut. More »
Industrial output in the 19 countries sharing the euro currency fell by more than expected in June, as the production of capital and durable goods fell following sharp increases in the previous month, European statistics office Eurostat said on Monday. More »
European shares rose on Monday after geopolitical tension had sent them to their worst weekly losses of the year. More »
The dollar edged lower against a trade-weighted basket of currencies on Monday after posting its biggest weekly drop in three weeks as expectations of U.S. rate increases dwindled further after weak inflation data. More »
China's strong economic growth showed visible signs of fading in July as lending costs rose and the gravity-defying property market cooled, though activity levels generally remained solid, propped up by a year-long construction spree. More »
China's real estate investment growth slowed in July, as official curbs continued to cool an overheated property market, reinforcing expectations of further slowing in second-half 2017. More »
Japan's economy grew in the second quarter at the fastest pace in more than two years as consumer spending and capital expenditure both rose at the fastest in more than three years, highlighting stronger domestic demand. More »
The Trump administration has set a collision course with the auto industry as it launches renegotiations of the 23-year-old NAFTA trade pact this week, aiming to shrink a growing trade deficit with Mexico and tighten the rules of origin for cars and parts. More »
German grocery chain Aldi Inc [ALDIEI.UL] said on Sunday it has partnered with Instacart Inc to deliver groceries in three U.S. cities, a move that comes amid intense competition and disruption in the industry. More »
Four Arab countries that imposed sanctions on Qatar have told the United States that U.S. companies doing business with them would not be punished for also working with Doha, four sources with knowledge of the matter said. More »
Lin Wong and Philip Wen More »
The three major U.S. stocks indexes ended higher on Friday, snapping three days of losses, as investors bet on slower U.S. rate hikes, but gains were muted by increasingly aggressive exchanges between the United States and North Korea. More »
U.S. health insurer Anthem Inc (ANTM.N) said on Friday it will exit Obamacare markets in Virginia and reduce its plan offerings in Washington and Scott counties and the city of Bristol next year. More »
Trian Partners cut its stake in snack maker Mondelez International Inc. during the last quarter, and boosted its shares in conglomerate General Electric, according to the activist fund's latest securities filing. More »
Dan Loeb's Third Point took a 1.6 million-share stake in BlackRock Inc (BLK.N) and reinitiated a stake in Alibaba Group Holding (BABA.N) of 4.5 million shares during the second quarter ended June 30, according to regulatory filings late on Friday. More »
Investors pulled $200 million from Jeffrey Gundlach's DoubleLine Total Return Bond Fund in July, extending an outflow streak that began in November, according to Morningstar Inc data on Wednesday. More »
The dollar edged lower on Monday following sharp gains in the previous session, as investors focused on inflation data due this week that could determine the currency's longer-term trajectory. More »
Basic resources and energy stocks helped European benchmarks build on the previous week's robust gains on Monday, as commodity prices climbed. More »
Oil prices edged down on Monday but still held near nine-week highs, supported by robust U.S. jobs data last week and a slight fall in the U.S. drilling rig count, even as rising output from OPEC reined in crude markets. More »
German industrial production unexpectedly fell for the first time this year in June, data showed on Monday, though it increased in the second quarter overall. More »
Asian investors, wary that the region’s stock markets and currencies have run up too far too fast and wondering whether it is time to take some money off the table, are finding that their concerns are not being reflected in major gauges of volatility and fear.... More »
Cambodia will ask Japan to invest $800 million in a skytrain system for the capital Phnom Penh, Prime Minister Hun Sen said on Monday during a visit to Tokyo. More »
Thai officials voiced hope ahead of a visit by U.S. Secretary of State Rex Tillerson of escaping U.S. pressure over the size of their trade surplus with the United States as their figures point to a jump in imports, but U.S. data shows little change. More »
Asian stocks advanced on Monday, taking their cue from Wall Street, while the dollar moderated but retained most of its gains after a stronger-than-expected July job report. More »
U.S. refiners could face a continued squeeze on profit margins in the months ahead as dwindling supplies of heavy crude from Venezuela and elsewhere are leading several to switch to higher-priced but easier-to-refine light, sweet crude. More »
A company linked to U.S. President Donald Trump has been granted approval from the Chinese territory of Macau for additional trademarks, including casino services, to develop the "Trump" brand in the world's biggest gambling center. More »
China's banking regulator has extended by two months a June deadline for banks to submit risk assessments over concerns it was putting strain on the lenders, two sources with direct knowledge of the matter said. More »
Google executives over the weekend rushed to denounce an engineer's memo that ascribed gender inequality in the technology industry to biological differences, a view that sparked outrage at the internet giant and inflamed tensions over sexual harassment and d... More »
Short sellers are increasingly targeting Hong Kong-listed Chinese companies they allege have committed accounting tricks, market manipulation and fraud. And that’s despite mounting hostility faced by investors who bet against stocks. More »
Billionaire investor William Ackman on Friday said his Pershing Square Capital Management hedge fund plans to nominate directors to, but not try to control, the 10-person board at payroll services company Automatic Data Processing Inc (ADP.O). More »
Wells Fargo & Co (WFC.N) is examining whether it caused unnecessary financial harm to customers through mortgage fees, frozen deposit accounts and "add-on" products like identity theft protection, the bank said in a U.S. securities filing on Friday. More »
The unaired fourth episode of the new season of HBO's hit series "Game of Thrones" has been leaked online, the premium channel's distribution partner Star India said on Friday. More »
Borrowers unwittingly charged for auto insurance when they took out car loans from Wells Fargo & Co asked a U.S. court on Friday to force the bank to help them repair their credit scores. More »
Republican Senator Jerry Moran said on Thursday he is seeking additional information on recent revelations that Wells Fargo & Co (WFC.N) enrolled unknowing borrowers in costly auto insurance, putting more pressure on the bank whose reputation is already marred... More »
FILE PHOTO: The headquarters of Germany’s Deutsche Bank is seen early evening in Frankfurt, Germany, January 26, 2016. Deutsche Bank has exchanged a pre-let agreement for its new City of London headquarters, the building’s developer Land Securities said on Tue... More »
FILE PHOTO – Shoppers look at meat on offer on a market stall in Moscow February 8, 2013. By Zlata GarasyutaMOSCOW – Russia faces the prospect of slightly higher inflation this year and a weaker rouble than previously expected, a Reuters p More »
FILE PHOTO: A businessman walks past the Reserve Bank of Australia in Sydney February 4, 2014. Australia’s central bank on Tuesday marked a full year without changing interest rates, and many economists suspect rates could stay at record lows of 1.5 percent fo... More »
FILE PHOTO: Employees work at a engine factory of CSSC Wartsila Engine (Shanghai) Co. Ltd in Shanghai, China June 13, 2017. Factories in China and Japan motored ahead in July, giving investors optimism that the global economy can carry momentum through into th... More »
FILE PHOTO: A worker checks the valve of an oil pipe at Nahr Bin Umar oil field, north of Basra, Iraq December 21, 2015. U.S. oil opened above $50 per barrel for the first time since late May on Tuesday, supported by strong fuel demand, but ongoing high suppli... More »
FILE PHOTO: Newly manufactured cars of the automobile maker Honda await export at port in Yokohama, Japan, January 16, 2017. – Japan’s manufacturing activity grew in July at the slowest pace in eight months as export demand weakened, a private survey showed on... More »
People walk past an electronic board showing stock prices outside a brokerage at a business district in Tokyo, Japan, January 4, 2017. Asian shares rose on Tuesday as investors looked to a barrage of economic data around the world to confirm recent signs the g... More »
FILE PHOTO: The company logo of Noble Group is displayed at its office in Hong Kong, China January 22, 2016. Singapore-listed commodities trader Noble Group Ltd has paid the coupon on its 2020 bond, market sources said on Tuesday, helping to reduce worries abo... More »
Houses under construction are seen at a subdivision near the town of Kleinburg, Ontario, Canada May 13, 2017. Canada’s long housing boom has drawn thousands into the sector, from realtors and home stagers to construction workers, and a looming slowdown threate... More »
FILE PHOTO – A Chinese national flag flutters outside the headquarters of the People’s Bank of China, the Chinese central bank, in Beijing, April 3, 2014. China’s central bank has found 40 banks in violation of interbank account regulations and have ordered th... More »
A Chipotle Mexican Grill is seen in Los Angeles, California, U.S. on April 25, 2016. More well-publicized incidents at Chipotle Mexican Grill Inc restaurants have pushed the shares down 26 percent over the last three months, but the burrito chain is facing a m... More »
FILE PHOTO: Customers push shopping trolleys on an escalator at the Bercy shopping centre in Charenton Le Pont, near Paris, August 29, 2013. Data in the coming week should confirm the euro zone economy is running hot, after the IMF upgraded growth forecasts an... More »
U.S. Sen. Elizabeth Warren (D-MA) speaks as the Democratic party leadership unveils their “Better Deal” for America in Berryville, Virginia, U.S., July 24, 2017. U.S. Senator Elizabeth Warren called on Federal Reserve Chair Janet Yellen to remove members of We... More »
File photo: Thomas Glocer speaks at the TD Securities Telecom and Media Forum in Toronto, June 9, 2011. Morgan Stanley board member Thomas Glocer will take over the role of independent lead director starting in September, the bank said on Thursday. More »
The sign outside the Wells Fargo & Co. bank in downtown Denver April 13, 2016. Wells Fargo & Co needs to work more quickly to remake its board of directors following a sales scandal and public rebuke at the bank’s annual meeting in April, New York City Comptro... More »
ConocoPhillips Chairman and Chief Executive Officer Ryan M. Lance (C) rings the closing bell at the New York Stock Exchange (NYSE), February 27, 2013. ConocoPhillips (COP.N) cut its 2017 capital spending by 4 percent on Thursday, the latest U.S. oil and natura... More »
FILE PHOTO: A man rides his motorcycle past shipping containers at the Port of Shanghai February 14, 2011. The International Monetary Fund kept its growth forecasts for the world economy unchanged for this year and next, although it revised up growth expectati... More »
Following are five themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. More »
Today walking in downtown Kiev nothing doesn’t ring a bell about the bloody terrifying events of Dignity Revolution 2013. But political and social situation in the country has not changed for the better after public protest, quite the contrary are at the lowes... More »
FILE PHOTO – Chinese President Xi Jinping arrives for the G 20 Summit in Hamburg, Germany, July 6, 2017. President Xi Jinping said on Monday China will accelerate market opening and clear administrative hurdles to boost foreign investment, while stepping up fi... More »
FILE PHOTO – Nelson Peltz speaks at the WSJD Live conference in Laguna Beach, California October 25, 2016. Nelson Peltz’s Trian Fund Management LP said on Monday it was seeking a seat for its billionaire chief executive at Procter & Gamble Co’s (PG.N) board as... More »
Traders work in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, July 11, 2017. Strong data from China kept world shares near a record high on Monday, sent copper to a 4-1/2 month peak while emerging market stocks ... More »
New accounting rules for banks risk exacerbating economic crises by making them reluctant to lend if the economy suddenly worsens, the European Union’s financial stability watchdog said on Monday. More »
FILE PHOTO – Visa CEO Charles Scharf (2nd R) and company executives ring the opening bell at the New York Stock Exchange, March 19, 2013. Bank of New York Mellon Corp (BK.N) named Visa Inc’s (V.N) former chief executive Charles Scharf as its CEO, effective imm... More »
European Union’s chief Brexit negotiator Michel Barnier and his delegation and Britain’s Secretary of State for Exiting the European Union David Davis and his delegation attend a first full round of talks on Britain’s divorce terms from the European Union, in ... More »
European Union’s chief Brexit negotiator Michel Barnier and his delegation and Britain’s Secretary of State for Exiting the European Union David Davis and his delegation attend a first full round of talks on Britain’s divorce terms from the European Union, in ... More »
A building belonging to Teva Pharmaceutical Industries, the world’s biggest generic drugmaker and Israel’s largest company, is seen in Jerusalem February 8, 2017. EU antitrust regulators charged Israeli drugmaker Teva (TEVA.TA) (TEVA.N) on Monday with doing an... More »
The logo of Doha Festival City mall is seen in Doha, Qatar, July 13, 2017. Qatari shopping mall operator Doha Festival City said it remained in discussions with banks to amend a $1 billion loan after bankers said a refinancing of the facility had been put on h... More »
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 12, 2017. U.S. stock index futures were little changed on Monday as investors treaded water ahead of a busy earnings week from big U.S. companies. More »
FILE PHOTO – A woman photographs a banner for Snap Inc. on the facade of the New York Stock Exchange (NYSE) on the morning of the company’s IPO in New York City, NY, U.S. March 2, 2017. MSCI Inc has proposed leaving shares of Snap Inc (SNAP.N) and other compan... More »
The BlackRock logo is seen at the BlackRock Japan headquarters in Tokyo, Japan, October 20, 2016. BlackRock Inc (BLK.N), the world’s biggest asset manager, reported an 8.6 percent rise in quarterly profit on Monday, helped by higher fees. More »
June 30, 2017 – A general view shows The Rhine Tower (Rheinturm) on the Rhine river in Duesseldorf. Water on the Rhine and Danube in Germany remains shallow and cargo vessels cannot sail fully loaded, traders said on Monday. More »
FILE PHOTO: A man pumps petrol for his car at a petrol station in Hanoi, Vietnam December 20, 2016. Oil edged up to around $49 a barrel on Monday as a slowdown in the increase of rigs drilling in the United States eased concern that surging shale supplies will... More »
A man walks at Lujiazui financial district of Pudong in Shanghai, China July 17, 2017. China’s economy expanded faster-than-expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving policymakers room to... More »
The portfolio managers of the $1.2 billion Eaton Vance Worldwide Health Sciences fund are expecting big gains from a trio of healthcare stocks. More »
Fixed income fund manager Ford O’Neil, who oversees Fidelity’s $29.7 billion Total Bond fund, has reduced the fund’s investments in high-yield, emerging market and corporate bonds, according to a report from Barron’s. More »
PIMCO’s Daniel Ivascyn in a file photo. Bond firm Pacific Investment Management Co added longer-term U.S. Treasury securities to its portfolio this week and also sold some investments tied to volatility against the backdrop of stable economic growth and a slow... More »
FILE PHOTO: Flags fly over the Federal Reserve Headquarters on a windy day in Washington, U.S., May 26, 2017. The Federal Reserve’s plan for shrinking its massive balance sheet envisions a future with no holdings of mortgage bonds, a prospect that could presen... More »
The J.P.Morgan logo is seen at their offices at Canary Wharf financial district in London,Britain, March 3, 2016. U.S. banks are starting to see some long-awaited benefits of higher interest rates, with four of the largest lenders beating analysts’ quarterly p... More »
FILE PHOTO — People walk beneath a Citibank branch logo in the financial district of San Francisco, California July 17, 2009. Three of the six biggest U.S. banks kicked off the earnings season on Friday, reporting profits that topped Street estimates but faile... More »
French President Emmanuel Macron (R Rear) and German Chancellor Angela Merkel (L Rear), stand as from L-R, German Interior Minister Thomas de Maiziere, French Minister of Europe and Foreign Affairs Jean-Yves Le Drian, European Commission Vice-President and EU ... More »
David Einhorn, president of Greenlight Capital speaks at the Sohn Investment Conference in New York City, U.S. May 4, 2016. Greenlight Capital Inc, a hedge fund run by David Einhorn, was forced to pay back more than $400 million in clients withdrawals at midye... More »
FILE PHOTO – A one Euro coin is seen in this picture illustration taken in Rome, Italy July 9, 2015. The European Commission recommended on Wednesday the end of disciplinary procedures against Greece over its excessive deficit after improvements in its fiscal ... More »
A child tries a school uniform at a recycling store in Havana, Cuba, July 5, 2017. Olaff Alejo’s salt lamps are eerily beautiful and designed to purify the air. More »
FILE PHOTO – Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 5, 2017. U.S. stock index futures were higher on Wednesday ahead of Federal Reserve Chair Janet Yellen’s testimony to Congress. More »
Governor of the Bank of France Francois Villeroy de Galhau attends a press conference after the Franco-German Financial Council meeting in Berlin, Germany, September 23, 2016. International bank regulators need to finalize tortuous negotiations on new bank cap... More »
FILE PHOTO: The logo of Qatar Petroleum is seen at its headquartes in Doha, Qatar, July 8, 2017. Picture taken July 8, 2017. Qatar’s tensions with its neighbors are making world markets edgy about any hint of financial instability among the Gulf economies, who... More »
People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. The dollar was stuck near its lowest level in more than a year against the euro on Wednesday while stocks edged higher in light trading ahead of Janet Yellen’s testi... More »
A Barclays bank building is seen at Canary Wharf in London, Britain May 17, 2017. Barclays (BARC.L) announced on Wednesday board appointments for its non-ring fenced business Barclays International (BI), to comply with new post-crisis rules forcing British ban... More »
A U.S. five dollar note is seen in this picture illustration June 2, 2017. The U.S. dollar fell against the yen and languished at 14-month lows against the euro on Wednesday ahead of Federal Reserve Chair Janet Yellen’s appearance in Congress to give testimony... More »
Traffic fills Exeter Street in the Back Bay in Boston, Massachusetts, United States June 13, 2015. Outdoor scenes in Boston show local residents enjoying balmy weather amid lush greenery as the summer solstice approaches on 21 June. Motorists in the United Sta... More »
A China yuan note is seen in this illustration photo May 31, 2017. Chinese lenders extended more credit than expected in June, as home lending stayed buoyant while a clampdown on shadow financing activities forced banks to shift more loans onto their books. More »
FILE PHOTO: A Japan Yen note is seen in this illustration photo taken June 1, 2017. REUTERS/Thomas White/Illustration/File Photo The Japanese yen weakened against its main rivals on Monday, lurking below a four-month high against the dollar, as investors looke... More »
Traders work in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, July 4, 2017. REUTERS/Staff/Remote European stocks edged higher on Monday, with banks and utilities the strongest sectors, as mergers and acquisition... More »
FILE PHOTO: Logo of Saudi Aramco is seen at the 20th Middle East Oil & Gas Show and Conference (MOES 2017) in Manama, Bahrain, March 7, 2017. REUTERS/Hamad I Mohammed/File Photo The world might be heading for an oil supply shortage following a steep drop in in... More »
The logo of Qatar Petroleum is seen at its headquartes in Doha, Qatar, July 8, 2017. REUTERS/Stringer Total is well placed to take a lead role in helping Qatar expand output from the world’s largest gas field, largely thanks to its involvement in the Iranian s... More »
A worker walks past oil pipes at a refinery in Wuhan, Hubei province March 23, 2012. REUTERS/Stringer/File Photo Oil prices recovered some losses on Monday after a 3 percent fall in the previous session, but markets remain under pressure from high drilling act... More »
FILE PHOTO: A containership at a loading terminal is seen in the port of Hamburg, Germany, February 2, 2017. REUTERS/Fabian Bimmer/File Photo German exports rose more strongly than expected in May, outpacing a solid increase in imports and widening the trade s... More »
FILE PHOTO: Swiss drugmaker Roche’s logo is seen at their headquarters in Basel, Switzerland January 28, 2016. REUTERS/Arnd Wiegmann/File Photo Roche’s bid to muscle in on Shire’s share of the $11 billion hemophilia drug market took a new, contentious turn thi... More »
Bank of Japan (BOJ) Governor Haruhiko Kuroda attends a news conference at the BOJ headquarters in Tokyo, Japan June 16, 2017. REUTERS/Toru Hanai The Bank of Japan offered its most optimistic view of the country’s regional economies in more than a decade on sol... More »
People are seen behind an electronic board showing stock prices at the Tokyo Stock Exchange (TSE) in Tokyo, Japan, January 4, 2017. REUTERS/Kim Kyung-Hoon Asian stocks rose on Monday thanks to a robust Wall Street performance at the end of last week, while the... More »
FILE PHOTO: An aerial view shows the skyline and lakefront of Chicago, Illinois, August 14, 2014. REUTERS/Jim Young Illinois’ first budget after two years is filled with partial outlines to address its debt-ridden pension system and unpaid bill backlog — signs... More »
