European stocks inched higher on Monday, extending their recordsetting rally, as optimism about a solid start to the earnings season offset a worrying resurgence in COVID19 cases globally. The panEuropean STOXX 600 index rose 0.1 after marking its seventh straight week of gains on Friday, while an index of euro zone shares rose 0.1 to […]

SYDNEY, April 19 Reuters The Australian and New Zealand dollars started the week slightly lower on Monday, tracking losses in oil and copper as COVID19 infections rise globally, and in spite of bullish sentiment in broader Asian equities markets. The resourcesensitive Australian dollar recovered to stand around flat at 0.7735 at midday, reversing morning losses […]

Earnings will be the major focus for investors in the week ahead, as they home in on whether rising costs are squeezing margins and signaling a build in inflationary pressures. From CocaCola and IBM to Johnson Johnson and Netflix, investors will hear from a broad swath of corporate America. So far, with one week in, […]

Reuters Automation tech startup UiPath on Monday boosted the price range for its initial public offering IPO in New York, and is now targeting a valuation of nearly 28 billion, setting the stage for yet another highprofile tech listing this year. UiPaths planned debut comes amid a flurry of major tech listings from the Silicon […]

LONDON, April 19 Reuters The pound rose to hit a twoweek high against the dollar on Monday at the start of a dataheavy week that is expected to provide more evidence that Britains economy is rebounding from its deepest recession in 300 years. The pound had a strong first quarter, supported by dwindling expectations of […]

LONDON, April 19 Reuters Euro zone government bond yields were broadly steady on Monday, with markets largely on hold ahead of this weeks European Central Bank meeting. New supply, estimated at over 30 billion euros 36 billion this week and above the average for the year so far according to Commerzbank, could put some upward […]

LONDON, April 19 Reuters The dollar traded just above a onemonth low against major peers on Monday, with Treasury yields near their lowest in five weeks, after the U.S. Federal Reserve reiterated its view that any spike in inflation was likely to be temporary. The dollar was also held down by improved risk sentiment amid […]

TOKYO, April 19 Reuters Japanese stocks edged higher on Monday as some investors hoped to benefit from an expected increase in semiconductor production, but worries about rising coronavirus infections capped gains. The Nikkei 225 Index rose 0.16 to 29,731.15 by 0201 GMT, while the broader Topix rose 0.04 to 1,961.58. Stocks opened lower but gradually […]

The dollar was pinned near a onemonth low to major peers on Monday, with Treasury yields hovering near the lowest in five weeks, after the U.S. Federal Reserve reiterated its view that any spike in inflation was likely to be temporary. The safehaven greenback was also held down by improved risk sentiment amid a rally […]

The former chief executive of BP Plc. said that the area of sustainable investing has been damaged by the “vast amount of greenwashing that has gone on”, and by companies “relabeling” their investments.