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British stocks rise as investors await Bank of England rate cut
FTSE 100 up 0.3%; FTSE 250 up 0.36%Investors await BoE rate cut amid cooling inflation FTSE 350 retailers lead gains; Currys up 10.7% Dec 18 (Reuters) - London stocks extended gains on Thursday, as investors anticipated a Bank of England interest rate cut later in the day amid a sharp slowdown in
Thu, Dec 18
Russia is preparing for contacts with the United States on Ukraine, the Kremlin says
MOSCOW, Dec 18 (Reuters) - The Kremlin said on Thursday that Russia was preparing for contacts with the United States to get details about U.S. talks with European powers and Ukraine on a possible peace settlement to end the Ukraine conflict. Politico reported that U.S. and Russian officials are
Thu, Dec 18
Amazon, Walmart shareholder pushes firms to report impact of Trump's immigration policies
NEW YORK, Dec 18 - A union-aligned investment group sent letters to Amazon, Walmart and Alphabet on Wednesday, asking how U.S. President Donald Trump's immigration policies were impacting their finances and supply chains, according to the documents seen by Reuters.
Thu, Dec 18
Coinbase pushes into stock trading, event contracts as retail battle heats up
Dec 17 (Reuters) - Coinbase COIN.O said on Wednesday it will start letting users trade stocks and event contracts tied to real-world outcomes, as the exchange expands beyond its crypto roots to compete more directly with rivals.
Thu, Dec 18
Japan to raise tax-free income threshold to ease inflation squeeze
TOKYO, Dec 18 (Reuters) - Japan is set to raise the tax-free income threshold and expand deductions for middle-income earners under a deal between Prime Minister Sanae Takaichi's minority government and a key opposition party.Japan's ruling Liberal Democratic Party and ...
Thu, Dec 18
Elliott takes over $1 billion stake in Lululemon, source says
Elliott's stake in Lululemon is over $1 billionActivist sees former Ralph Lauren exec as potential Lululemon CEO Elliott is now one of Lululemon's biggest investorsBy Svea Herbst-Bayliss and Shivani Tanna Dec 17 (Reuters) - Activist investor Elliott Management has amassed a stake of more ...
Thu, Dec 18
JGB yields edge up ahead of BOJ's policy decision
TOKYO, Dec 18 (Reuters) - Japanese government bond (JGB) yields edged higher on Thursday as investors awaited signals on future interest rate hikes from Bank of Japan Governor Kazuo Ueda's comments at his post-policy meeting news conference on Friday.The 10-year JGB yield JP10...
Thu, Dec 18
Japan's Nikkei ends at 3-week low on tech selloff over AI-business outlook
TOKYO, Dec 18 (Reuters) - Japan's Nikkei share average ended at a three-week low on Thursday, pressured by heavyweight tech stocks as investors weighed the outlook for artificial intelligence and data centre businesses. The Nikkei .N225 fell 1.03% to 49,001.5, its lowest close...
Thu, Dec 18
Micron shares up 12% in Europe after blowout forecast
Dec 18 (Reuters) - Micron Technology's MU.O Frankfurt-listed shares soared almost 12% in early European trading on Thursday following an upbeat forecast from the U.S. computer memory chip maker.Micron predicted second-quarter adjusted profit at nearly double Wall Street expectations, as prices s...
Thu, Dec 18
Ukrainian negotiators to meet US team on Friday, Saturday, Zelenskiy says
KYIV, Dec 18 (Reuters) - Ukrainian peace negotiators are en route to the United States and plan to meet the U.S. negotiating team on Friday and Saturday, President Volodymyr Zelenskiy said on Thursday. Zelenskiy told reporters in a WhatsApp media chat that there were no final aligned peace proposal
Thu, Dec 18
EU leaders to agree Ukraine financing in 2026-27, Belgium's approval key
EU leaders aim to counter Trump's 'weak' Europe claim with Ukraine support planBelgium seeks indefinite guarantees against potential Russian legal claimsEU debates financing options amid strained national budgets and Hungary's vetoBy Jan Strupczewski and Andrew Gray BRUSSELS, Dec ...
Thu, Dec 18
US consumer prices likely posted largest annual increase in 1-1/2 years in November
Consumer price index is forecast increasing 3.1% year-on-year in NovemberNo monthly inflation rates will be published after government shutdown prevented collection of data for OctoberLimited CPI values for October will be availableBy Lucia Mutikani WASHINGTON, Dec 18 (Reuters) - U.S. consumer pr
Thu, Dec 18
Trump expected to address potential easing of marijuana regulations on Thursday
Trump considers executive order to reclassify marijuanaCannabis stocks rise on potential policy changeIndustry optimistic about federal marijuana reschedulingBy Trevor Hunnicutt WASHINGTON, Dec 17 (Reuters) - President Donald Trump is expected to address the potential loosening of federal regulat...
Thu, Dec 18
With freebies, OpenAI, Google vie for Indian users and training data
Gemini, ChatGPT see surge in downloads and daily users in IndiaFree AI trials aim to create user reliance and fill data gapsChatGPT has 73 million daily users in India, twice its US base, Sensor Tower saysAI firms hope to leverage India's linguistic diversity for training dataBy Munsif Vengattil...
Thu, Dec 18
Japan's Nikkei slips to 3-week low on tech sell-off over AI-business outlook
By Junko Fujita TOKYO, Dec 18 (Reuters) - Japan's Nikkei share average slipped to a three-week low on Thursday, pressured by heavyweight tech stocks as investors weighed the outlook for artificial intelligence and data centre businesses. The Nikkei .N225 was down 1.4% at 48,830.26, as of 0120...
Thu, Dec 18
Oil rises as Trump's Venezuela blockade takes edge off global crude surplus concerns
Trump orders blockade on tankers under sanctions entering and leaving VenezuelaThere is uncertainty around implementation of Trump's blockadeUS crude stocks fell last week, but fuel inventories rose more than expected: EIABy Laila Kearney NEW YORK, Dec 17 (Reuters) - Oil prices rallied by mor...
Wed, Dec 17
MetaX soars 700% in debut as China AI chips push lures investors
Debut follows IPO 4,000 times oversubscribed by retail investorsAI chip firms in funding rush as China seeks to cut US relianceFund managers warn about "forth" in share prices SHANGHAI, Dec 17 (Reuters) - MetaX Integrated Circuits jumped 700% in its Shanghai market debut as the Chinese AI...
Wed, Dec 17
Amazon in talks to invest about $10 billion in OpenAI, source says
Amazon could invest $10 billion in OpenAI, talks are "fluid" Amazon's funding could value OpenAI at over $500 billonTalks underline OpenAI's ability to partner widely after restructuring Dec 16 (Reuters) - Amazon.com Inc AMZN.O is in talks to invest in ChatGPT-maker OpenAI in a p...
Wed, Dec 17
China and HK stocks edge higher, poised to snap two-day losing streak
SHANGHAI, Dec 17 (Reuters) - Mainland China and Hong Kong stocks edged higher on Wednesday, poised to break a two-day losing streak, as investors assessed delayed U.S. economic data for clues on the Federal Reserve's policy path next year. At the midday break, the benchmark Shanghai Composi...
Wed, Dec 17
California regulator puts Tesla sales suspension order on hold
DMV says 90-day stay is to give Tesla time to remedy situationStay comes immediately after DMV ordered 30-day sales suspensionDMV had accused Tesla of overstating self-driving capabilitiesBy Abhirup Roy and Chris KirkhamSAN FRANCISCO, Dec 16 (Reuters) - A California regulator has deferred an order f...
Wed, Dec 17
