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People walk past the headquarters of the central bank of the People's Republic of China in Beijing February 16, 2009.

China set to keep lending benchmark LPRs unchanged in April

Reuters |Updated 20 minutes ago |2 min read

SHANGHAI (Reuters) - China is widely expected to leave benchmark lending rates unchanged on Monday, a Reuters survey showed, as encouraging first quarter economic data reduces the urgency for further monetary stimulus to aid a fragile recovery. A ...

The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023.

Take Five: Dancing to the dollar's beat

Reuters |Updated 1 hour ago |4 min read

(Reuters) - Just when it looked like rate cuts were coming any minute now, inflation has reared its head and the strength of the dollar is forcing other central bankers to protect their currencies and reconsider their policy choices. What ...

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021.

Norway wealth fund backs shareholder proposal to split Goldman CEO, chair roles

Reuters |Updated just now |1 min read

STOCKHOLM (Reuters) - Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, said on Friday it would again vote in favour of a resolution calling for a split of the CEO and board chair roles at Goldman Sachs. Proxy ...

The logo of French cosmetics group L'Oreal is seen on a company building in Paris, France, February 7, 2024.

L'Oreal shares shine after Q1 sales beat expectations

Reuters |Updated just now |1 min read

PARIS (Reuters) - Shares in L'Oreal rose more than 4% % in early Friday trading after the French cosmetics giant reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday evening, beating expectations of 6.1% growth. By ...

Representation of Bitcoin cryptocurrency is seen in this illustration taken January 11, 2024.

Explainer-Bitcoin's 'halving': what is it and does it matter?

Reuters |Updated 1 hour ago |3 min read

LONDON (Reuters) - Bitcoin's long-anticipated 'halving' is, depending on where you sit, a vital event that will burnish the cryptocurrency's value as an increasingly scarce commodity, or little more than a technical change talked up by ...

Representations of cryptocurrency Bitcoin are seen in this illustration, August 10, 2022.

Crypto fans count down to bitcoin's 'halving'

Elizabeth Howcroft |Updated 1 hour ago |2 min read

By Elizabeth Howcroft LONDON (Reuters) - Bitcoin enthusiasts were eagerly waiting for bitcoin's 'halving' on Friday - a change to the cryptocurrency's underlying technology designed to cut the rate at which new bitcoins are created. The halving, ...

A view of the Nissan Hyper Force Concept during the Japan Mobility Show 2023 at Tokyo Big Sight in Tokyo, Japan October 25, 2023.

Nissan cuts annual operating profit estimate by 14.5% on lower sales

Reuters |Updated just now |1 min read

TOKYO (Reuters) - Nissan Motor slashed its annual operating profit estimate by 14.5% on Friday citing lower-than-expected vehicle sales and other factors. Japan's third-largest automaker by volume now estimates an operating profit of 530 billion ...

Pakistan Finance Minister Muhammad Aurangzeb is interviewed by Karin Strohecker, Reuters Chief Correspondent Emerging Markets, during the G20 Finance Ministers and Central Bank Governors' Meeting at the IMF and World Bank’s 2024 annual Spring Meetings in Washington, U.S., April 18, 2024.

Pakistan aims to agree outline of new IMF loan in May - Finance Minister

Karin Strohecker |Updated 2 hours ago |2 min read

By Karin Strohecker WASHINGTON (Reuters) - Pakistan hopes to agree the contours of a new International Monetary Fund loan in May, Finance Minister Muhammad Aurangzeb told Reuters, and has kicked off talks with ratings agencies to lay the ...

People walk past mannequins in a shopping centre in London, Britain, January 17, 2023.

UK retail stagnated in March, ONS says

Reuters |Updated just now |1 min read

(Removes reference to sales stagnating for second month in a row after February sales were revised to show 0.1% growth) LONDON (Reuters) -British retail sales volumes stagnated in March, the Office for National Statistics said on Friday. Economists ...

Two workers install a bifacial 540 W solar panel at a solar panels park by energy supplier Enel Green Power, in Trino Italy, March 5, 2024.

Column-Plunging solar capture rates to test nerve of Europe's policymakers: Maguire

Gavin Maguire |Updated 2 hours ago |5 min read

By Gavin Maguire LITTLETON, Colorado (Reuters) - Wholesale power prices coming under pressure from surging solar output is not a new concept in power markets, but looks set to become a potentially divisive issue across Europe as rampant ...

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