European stocks inched higher on Monday as strong metal prices boosted miners and optimism related to reopenings following coronavirus lockdowns lifted travel stocks at the start of a busy week of corporate earnings and economic data. The panEuropean STOXX 600 index rose 0.1 after it recorded its first weekly loss in eight on Friday. A […]

MILAN Reuters Italys SECO said on Monday Telecom Italia unit Olivetti bought 7.5 million shares in its initial public offering IPO, equal to 7 of the hightech companys final capital, which could lead to an industrial partnership. Tuscanybased SECO, which develops embedded microcomputers and internet of things solutions, is selling up to 37.8 million shares, […]

The euro held at an eightweek high against the dollar on Monday despite a disappointing sentiment survey in Germany as expectations the U.S. Federal Reserve will maintain its dovish stance at a policy meeting weighed on the greenback. German business morale improved by less than expected in April as a third wave of COVID19 infections […]

A weaker dollar lifted emerging market currencies to twomonth highs on Monday, helping Turkeys lira stabilise after it fell to a near alltime low on worries about souring U.S. relations and a dovish policy under a new central bank chief. The lira, among the worst performing EM currencies this year, had sunk as much as […]

LONDON, April 26 Reuters Sterling gained against the dollar and the euro on Monday, ignoring political noise stemming from allegations against Britains Conservative government as positioning data showed investors still bullish on the currency. The pound appeared unaffected by the news and gained against the dollar for a second week on Friday, helped by better […]

SYDNEY, April 26 Reuters The Australian and New Zealand currencies rose against the U.S. dollar on Monday, underpinned by higher iron ore prices and a weaker greenback amid speculation the U.S. Federal Reserve will shun talk of tapering bond purchases at its policy meeting. The commoditysensitive Australian dollar was up 0.34 at 0.7774, as iron […]

TOKYO, April 26 Reuters Japanese shares ticked higher on Monday, as travelrelated stocks bounced back from losses driven by fears of coronavirus curbs, and after ANA forecast a smallerthanexpected fullyear loss. The Nikkei share average rose 0.24 to 29,089.48, recovering from earlier losses of 0.43. The broader Topix edged up 0.11 to 1,917.00. Travelrelated shares […]

April 23 Reuters U.S. stocks rose in a broad rally on Friday as increased factory output and housing data supported expectations of a swift economic recoverywhile big tech stocks rose in anticipation of strong earnings reports next week. The bounceback follows a selloff on Thursday when reports that U.S. President Joe Biden plans to almost […]

MOSCOW, April 23 Reuters The rouble strengthened past 75 to a more than onemonth high against the dollar on Friday, after the central bank hiked its key rate and Russia said it had started withdrawing troops from the area near the border with Ukraine. The central bank, which had been widely expected to raise rates […]

LONDON, April 23 Reuters Sterling rebounded on Friday from a sharp fall on Thursday after strong retail sales data and business surveys showed Britains economy might already be recovering from its worst annual contraction in 300 years. British retail sales rocketed last month as consumers prepared for a partial lifting of coronavirus lockdown restrictions, according […]