Marketmind: Can PMIs reprise their April surprise?
A look at the day ahead in European and global markets from Tom Westbrook Last month, better-than-expected PMI surveys helped…
UK
UK finance minister to meet food manufacturers to discuss high prices
LONDON (Reuters) – British Finance Minister Jeremy Hunt plans to raise concerns about the surge in food prices and discuss…
First Citizens sues HSBC for hiring away Silicon Valley Bank staff
By Daniel Wiessner (Reuters) -First Citizens BancShares Inc, which acquired Silicon Valley Bank following its collapse, sued HSBC Holdings PLC…
Banks win dismissal of U.S. silver price-fixing litigation
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday dismissed long-running litigation by investors who accused HSBC…
Dollar gains against yen as Fed policy, debt ceiling in focus
By Karen Brettell NEW YORK (Reuters) – The dollar rose against the Japanese yen on Monday, holding just below a…
Oil rises 1% as supplies shrink, demand seen higher
By Scott DiSavino NEW YORK (Reuters) -Oil prices edged up 1% on Monday with a rise in U.S. gasoline futures…
Regulators dust off rule books to tackle generative AI like ChatGPT
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) – As the race to develop more powerful artificial intelligence services like…
Ryanair aims for 10% full year profit growth on strong summer
By Padraic Halpin DUBLIN (Reuters) – Ryanair aims to boost profit by 10% this year after almost record earnings for…
Analysis-G7’s nuanced pledge to ‘de-risk’ from China reflected concerns from Europe and Japan
By Yukiko Toyoda and David Dolan TOKYO (Reuters) -The leaders of the Group of Seven (G7) rich democracies this weekend…
Marketmind: Tech politics, debt cap brinkmanship
A look at the day ahead in U.S. and global markets from Mike Dolan. Well-choreographed brinkmanship over the debt ceiling…