MUMBAI, May 7 Reuters The Indian rupee is tipped to open little changed on Tuesday on persistent dollar demand and bets that the central bank will not allow the currency to slip to an alltime low. Nondeliverable forwards indicate the rupee will open nearly unchanged from 83.4875 in the previous session. Traders have cited dollar […]

LONDON, May 7 Reuters Banks and asset managers are vying with Europes exchanges to develop technology that can deepen the pool of investors in the continents capital markets and better compete with Wall Street. The United States has long had a 39;consolidated tape39; aggregating stock and bond prices from competing trading platforms for investors to […]

Infineon jumps 7 on Q2 sales beat Zalando surges on Q1 operating profit beat French cognac cos up on China39;s open attitude to trade dispute German exports rebound in March; industrial orders disappoint May 7 Reuters European shares hit a morethanonemonth high on Tuesday, as a slew of positive corporate earnings, including from Switzerland39;s UBS […]

FTSE 100 up 1.1, FTSE 250 adds 1.0 Shell up after Reuters reports plans to sell Malaysian gas station business BP slips after missing earnings estimates May 7 Reuters The UK39;s FTSE 100 cruised to a record high on Tuesday, coming off an extended weekend, boosted by Shell39;s jump on its plans to sell some […]

LONDON, May 7 Reuters The U.S. dollar was broadly steady on Tuesday while the yen trimmed earlier losses as Japanese officials issued fresh warnings following two rounds of suspected dollarselling intervention last week. The Australian dollar fell from a near twomonth high against its U.S. counterpart after the Reserve Bank of Australia refrained from ramping up hawkish signals, as […]

Private credit lenders face margin pressure at a time the rivalry from US banks intensifies and Moody’s Ratings warns against rising problem loans in the flourishing $1.7 trillion industry.