Headlines

Alstom wins $3 billion order to deliver metro trains in Hamburg

Alstom wins $3 billion order to deliver metro trains in Hamburg

(Reuters) – Alstom has signed a framework agreement worth up to 2.8 billion euros ($3.0 billion) to deliver 374 new metro train..

Morning Bid: Turning the corner in the inflation fight

Morning Bid: Turning the corner in the inflation fight

A look at the day ahead in European and global markets from Rae Wee Central bankers across the globe are finally showing increasing c..

Asia shares rise; kiwi slumps after RBNZ’s less hawkish tone

Asia shares rise; kiwi slumps after RBNZ’s less hawkish tone

By Rae Wee and Sameer Manekar SINGAPORE (Reuters) -Asian stocks hovered near two-year highs on Wednesday on growing bets of imminent ..

Thai finance minister says economy not good, with growth worsening

Thai finance minister says economy not good, with growth worsening

BANGKOK (Reuters) -Thailand’s economy has not been good for a long time, with growth deteriorating as it faces structural probl..

Volkswagen may close Brussels factory as low EV demand hits Audi

Volkswagen may close Brussels factory as low EV demand hits Audi

By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Volkswagen on Tuesday warned it may close the Brussels site of its luxury..

Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says

Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says

Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says (Reuters) – Global shipments of personal computers..

Exclusive-Fed considers rule tweak that could save biggest US banks billions in capital

Exclusive-Fed considers rule tweak that could save biggest US banks billions in capital

By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve is considering a rule change that could save the country’s eigh..

Factbox-European companies cut jobs as economy sputters

Factbox-European companies cut jobs as economy sputters

(Reuters) -Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or c..

Novo Nordisk shares down after analysis finds Lilly drug leads to better weight loss

Novo Nordisk shares down after analysis finds Lilly drug leads to better weight loss

LONDON (Reuters) – Shares in Novo Nordisk, maker of the wildly popular obesity drug Wegovy were down 1.1% on Tuesday after the ..

Porsche AG reports sharp fall in China deliveries

Porsche AG reports sharp fall in China deliveries

(Reuters) -German sportscar maker Porsche said on Tuesday that global vehicle deliveries were down 7% in the first half of the year c..