The Taiwan stock market emphatically halted the two-day slide in which it had stumbled almost 100 points or 0.5 percent. The Taiwan Stock Exchange now sits just beneath the 20,200-point plateau and it\'s tipped to open higher again on Friday. The global forecast for the Asian markets is positive on optimism over the outlook for...
LONDON (Reuters) - Prime Minister Rishi Sunak will set out plans to boost Britain\'s nuclear workforce on Monday, as increased submarine building and the growing needs of the nuclear energy industry are forecast to create 40,000 new jobs by 2030. The government will partner with defence companies BAE Systems (LON:BAES), Rolls-Royce (OTC:RYCEY) and Babcock plus...
Stock markets in Europe are seen opening on weak note on Friday amidst anxiety about central bank monetary policies. The Dollar\'s rebound triggered by the monetary policy divergence also weighed on sentiment. Wall Street extended gains on Thursday amidst the Fed\'s firm rate cut hints and positive earnings reports. Nasdaq Composite edged up 0.20 percent...
(Reuters) - Australia\'s ANZ Group said on Monday it had agreed to settle a class action suit related to interest charged on personal credit cards for A$57.5 million ($37.44 million). The settlement is without admission of liability and remains subject to court approval, ANZ said in a statement. The class action was brought against the...
The U.S. Department of Justice, along with various state and district attorneys general, sued Apple Inc. for allegedly maintaining monopolization or attempted monopolization of smartphone markets. The complaint alleges that in violation of Section 2 of the Sherman Act, the iPhone maker illegally maintains a monopoly over smartphones by selectively imposing contractual restrictions on, and...
-- U.S. stock index futures moved little in evening deals on Sunday, as a recent rally on Wall Street cooled in anticipation of more cues on inflation and the Federal Reserve later this week. S&P 500 Futures steadied at 5,291.50 points, while Nasdaq 100 Futures were flat at 18,572.75 points by 19:29 ET (23:29 GMT)....
The commodity currencies weakened against other major currencies in the Asian session on Friday, as most Asian stock markets traded lower, despite the broadly positive cues from global markets overnight, as some markets retreated from recent highs with traders eager to book some profits. Some traders also remain worried recent hotter-than-expected U.S. inflation data could...
By Simon Jessop LONDON (Reuters) - Diversity focused venture capital investor Impact X Capital Partners said on Monday it was looking to raise 100 million pounds ($126 million) for its second fund and already has backing from investors including Bank of America. The firm, an early backer of fast-growing insurance technology company Marshmallow, said it...
The British pound weakened against other major currencies in the European session on Friday. The pound fell to more than a 2-month low of 0.8590 against the euro, a 1-month low of 1.2585 against the U.S. dollar and a 3-day low of 190.73 against the yen, from early highs of 0.8568, 1.2675 and 192.24, respectively....
UK retail sales steadied in February after rebounding at the start of the year, as poor weather lead to a reduction in footfall, data released by the Office for National Statistics showed on Friday. Retail sales were unchanged from January, when they expanded by a revised 3.6 percent in January. Sales were forecast to fall...