Reuters Financial News

09.02 / 16:23
Reuters security Election country reports Pakistan Elections: A look at challenges awaiting new govt amid poll result uncertainty
Dawn, the provisional results released by the Election Commission of Pakistan showed that independent candidates, mostly backed by former Prime Minister Imran Khan's Pakistan Tehreek-e-Insaf party (PTI), were leading the poll results. Follow Pakistan Election Results 2024 LIVE Updates here Around 7 pm on Friday, the report showed that the PTI-backed candidates had won 50 seats, Nawaz Shareef's PML-N had won 40 seats and Bilawal Bhutto Zardari's Pakistan Peoples Party had won 19 seats. The voting was held in 265 of the 266 constituencies in Pakistan's National Assembly and a political party needs 133 seats for a simple majority.
09.02 / 16:22
Reuters Action Weekly Rupee weakens on dollar demand from importers, posts slight weekly decline
The Indian rupee ended weaker on Friday, pressured by dollar demand from importers, including local oil companies, traders said.The rupee closed at 83.0350 against the U.S. dollar, weaker by 0.1% compared with its close at 82.9550 in the previous session. The local unit also logged a weekly decline of 0.1%.The dollar index was largely steady near 104.2 and most Asian currencies were rangebound but ended the week lower, pressured by moderation of bets on early rate cuts by the U.S. Federal Reserve.Odds of the Fed cutting rates in March have dropped below 20%, while those for May have also fallen to about 60%, down from about 73% a week earlier, according to CME’s FedWatch tool.
09.02 / 12:10
Citi Reuters Racing Strategy pandemic track SoftBank sees new-found caution as secret weapon in AI arms race
SoftBank Group splashed out billions on startups at near-peak valuations without batting an eye. Now founder Masayoshi Son's tech powerhouse is relying on a new weapon as it searches for the next big thing in AI: caution. The strategy marks a vast turnaround for a company that completely transformed the world of tech investing with its high-conviction bets on startups at an unheard of scale.
09.02 / 10:38
markets Target Reuters Browser Research recommendations Podcasts Barclays to adopt fresh curbs on oil and gas financing
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29.01 / 10:58
markets Reuters trends Trade performer cover reports Holcim shares surge after investors welcome move to spin off N.American business
ZURICH (Reuters) — Holcim (SIX:HOLN) shares were the best performers in Europe on Monday after investors welcomed the building material giant's plan to separate its North American business and list it on the New York Stock Exchange.
29.01 / 10:07
markets Reuters Apple Software NVIDIA Research recommendations Investors see Microsoft's stock market value leaving Apple behind
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29.01 / 09:55
Reuters Holcim's biggest shareholder backs plan to list North American business
ZURICH (Reuters) — Holcim (SIX:HOLN)'s biggest shareholder has given his backing to the building material company's plan to spin off its North American business through a listing on the New York Stock Exchange.
29.01 / 07:13
Reuters Fighting wellness country reports Jordan drone attack: What is Tower 22 where three US troops were killed? Explained
Syria and Iraq, Reuters reported. It is pertinent to note that there are 350 US Army and Air Force troops at the base as it includes logistics support. However, there is little known publicly about the Tower 22 base.
29.01 / 06:23
COST Reuters Airlines travelers Courts Traffic Ryanair trims annual profit forecast after online travel agents remove flights
DUBLIN (Reuters) — Ryanair on Monday trimmed its profit forecast for the year to the end of March after some online travel agents stopped selling its flights in December, forcing it to cut fares to fill seats.
29.01 / 02:45
Reuters show Inside reports China to merge three major asset managers into China Investment Corp -Xinhua
BEIJING (Reuters) — China plans to merge three of the nation's biggest bad debt managers into sovereign wealth fund China Investment Corp (CIC), state-run Xinhua Finance News reported, as part of a plan to reform financial institutions.
28.01 / 06:38
Reuters security Election President Universities Finland to elect new president: From candidates, powers to tensions with Russia, 5 important points to know
Russia and Finland deteriorated following Russia's 2022 invasion of Ukraine which led Finland to join NATO in April 2023. Today's polls will open at 9:00 am (0700 GMT) and close at 8:00 pm. The Results from advance voting will be confirmed soon after polls close on Sunday.
28.01 / 05:48
Reuters Fighting War country reports rights ‘Russophobia is promoted as state policy in European countries,’ says Vladimir Putin
Vladimir Putin castigated Europe for “Russophobia" and aimed the Baltic States for their human rights record during the inauguration of a World War II memorial on Saturday. As reported by Reuters, over the past nearly two years since deploying Russian troops into Ukraine, Putin has consistently drawn parallels with the struggle against the Nazis as a means to unify his nation. Also Read: Putin Has Staked Russia’s Resources on Victory in Ukraine.
27.01 / 17:19
COST UPS FIVE Reuters reports Department UK's John Lewis considers 11,000 job cuts, Guardian reports
(Reuters) -John Lewis Partnership, the owner of John Lewis and Waitrose, is considering cutting up to 11,000 staff jobs in the next five years, the Guardian reported on Saturday.

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