Sterling Edges Up Versus Dollar and Euro after UK Data

Sept 10 Reuters Sterling edged up versus the dollar and the euro on Tuesday after UK labour data supported the view that the British economy was on a solid footing. Pay growth cooled in the three months to July to a more than twoyear low, and employment shot higher, according to data on Tuesday, which is likely […]
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European Shares Rise on Real Estate Boost

STOXX 600 up 0.3 Germany39;s inflation slowed to 0.2 in August AstraZeneca falls, lung cancer drug trial fails to improve survival Sept 10 Reuters European shares climbed on Tuesday, boosted by the realestate sector, while investors also awaited the widely expected rate cut by the European Central Bank later in the week. The panEuropean STOXX […]
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Oracle Shares Jump as AI Push Perks Up Cloud Demand

Sept 10 Reuters Oracle shares rose more than 10 on Tuesday as a push to embed AI into its cloud service products boosted its firstquarter results and helped it narrow the gap with market leaders. Despite being a late entrant to the cloud business, the company39;s rapid AI investments has made its software an attractive option […]
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VW Scraps DecadesOld German Job Security Pact, Says Union

FRANKFURT, Sept 10 Reuters Volkswagen gave IG Metall notice on Tuesday it was scrapping a range of labour agreements including a guarantee of jobs until 2029 at six German plants, the union said. Europe39;s top carmaker is cancelling the decadesold employment guarantees as part of costcutting drive that has triggered a showdown with workers as Volkswagen […]
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