Dollar gains, euro dips after cautious ECB
By Karen Brettell NEW YORK (Reuters) – The dollar rose on Thursday against the euro after the European Central Bank…
UK
UN fails to raise enough money for Yemen oil tanker operation
By Lisa Barrington DUBAI (Reuters) – The United Nations on Thursday fell far short of raising the money it needs…
IAG’s Iberia names Fernando Candela as temporary head
MADRID (Reuters) – International Airlines Group’s Spanish airline Iberia named Fernando Candela as its new acting president and chief executive…
Analysis-Markets bet ECB will pause hikes soon as economy feels rate pinch
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – The ECB may not be done with rate hikes just yet,…
Shopify divests logistics arm to Flexport in strategic reversal
By Krystal Hu (Reuters) – Shopify Inc has divested the logistics arm it built over the past few years, in…
Shell posts $10 billion profit as trading offsets lower energy prices
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – Shell on Thursday posted first-quarter net profit of $9.65 billion as…
South Africans call for UK to return diamonds set in crown jewels
JOHANNESBURG (Reuters) – Some South Africans are calling for Britain to return the world’s largest diamond, known as the Star…
UK businesses raise prices to pass on higher wage costs: PMI
By Suban Abdulla LONDON (Reuters) -Britain’s services sector kicked off the second quarter with its fastest growth in a year,…
Analysis-Fed up with shrinking savings, Europeans drain billions from banks
By Sinead Cruise, John O’Donnell and Tom Sims LONDON/DUBLIN (Reuters) – European savers are pulling more of their money from…
Marketmind: Hike and hold, bank angst and Apple
A look at the day ahead in U.S. and global markets from Mike Dolan If the Federal Reserve needs more…