European shares close best week in over three months on US disinflation hopes
By Amruta Khandekar and Matteo Allievi (Reuters) -European shares edged slightly lower on Friday, but that did little to change…
Business
US inflation outlook brightening; consumer sentiment near two-year high
By Lucia Mutikani WASHINGTON (Reuters) – U.S. import prices fell for a second straight month in June as an increase…
Kering boss Pinault in talks to buy majority of Hollywood agency CAA -source
By Anirban Sen (Reuters) -Creative Artists Agency (CAA) is in advanced talks to sell a majority stake to French billionaire…
US Treasury surveys dealers on auctions, buyback program
(Reuters) – The U.S. Treasury Department is asking primary dealers their views on what specific bonds it should issue more…
Nokia misses Q2 expectations, lowers full-year guidance
STOCKHOLM (Reuters) – Finnish telecom gear group Nokia reported on Friday second-quarter sales of 5.7 billion euros ($6.4 billion), a…
Wells Fargo hikes outlook for interest income after profit surges 57%
By Noor Zainab Hussain, Manya Saini and Saeed Azhar (Reuters) -Wells Fargo raised its annual forecast for net interest income…
BlackRock’s shares edge lower as inflows slow
By Jaiveer Shekhawat and Carolina Mandl (Reuters) -BlackRock Inc, the world’s biggest asset manager, handily beat second-quarter profit estimates but…
Investors in VinFast’s SPAC cash out most shares
HANOI (Reuters) -Shareholders of Black Spade Acquisition, a special purpose acquisition company (SPAC) that has plans to merge with Vietnam’s…
S&P 500 Q2 earnings now seen down 8.1% yr-over-yr; 6.4% decline seen week ago-Refinitiv
NEW YORK (Reuters) – S&P 500 company aggregate earnings for the second quarter are now seen down 8.1% from the…
Rupee-UAE dirham trade mechanism may launch during Modi visit Saturday -sources
By Nidhi Verma, Shivangi Acharya and Krishn Kaushik NEW DELHI (Reuters) – India and the United Arab Emirates may announce…