Marketmind: Stocks fight the Fed as markets still not listening
By Naomi Rovnick LONDON (Reuters) – If you looked at red-hot stock markets without following central banks, you could well…
UK
Central banks, waiting for relief on inflation, lean towards higher rates
By Howard Schneider, Balazs Koranyi and Leika Kihara WASHINGTON/FRANKFURT/TOKYO (Reuters) -Two years into confronting rising inflation, the world’s top central…
Exclusive-Manchester United discusses granting exclusivity to Qatari Sheikh in $6 billion-plus sale -sources
By Anirban Sen (Reuters) – English football club Manchester United is negotiating granting exclusivity to the consortium led by Qatar’s…
Odey scandal prompts Wall Street rethink on how to vet hedge funds
By Nell Mackenzie and Kirstin Ridley LONDON (Reuters) -Wall Street firms are poised to reassess how they vet hedge funds,…
Marketmind: The UK consumer is feeling the heat
A look at the day ahead in European and global markets from Vidya Ranganathan It’s not just the heatwave. UK…
Breadbasket Brazil to stock up on food citing inflation concerns – agency
By Roberto Samora SAO PAULO (Reuters) – Top food producer Brazil will start stocking up on food staples, a government…
Oil futures up 3% on strong China refinery data, weaker US dollar
By Scott DiSavino NEW YORK (Reuters) -Oil prices gained about 3% to a one-week high on Thursday on a weaker…
Fashion retailers resilient despite consumer fears
LONDON (Reuters) – A strong start to June for the world’s second-biggest fashion retailer H&M, an optimistic outlook from Hugo…
Vodafone, unions reach agreement over 1,003 job cuts in Italy
ROME (Reuters) – Vodafone said on Thursday it had reached an agreement with unions over managing 1,003 job cuts in…
Cyberattacks on renewables: Europe power sector’s dread in chaos of war
By Nora Buli, Nina Chestney and Christoph Steitz OSLO/LONDON/FRANKFURT (Reuters) – Saboteurs target a nation leading the world in clean…