Featured Reuters
Exclusive-Uniper's dormant Russian gas contracts may pose hurdle to listing
By Christoph Steitz, Tom Käckenhoff and Vladimir Soldatkin FRANKFURT/DUESSELDORF/MOSCOW (Reuters) - Uniper, the biggest corporate victim of Europe's energy crisis, is looking to the courts to solve the issue of its dormant Russian gas supply ...
North America drives Daimler Truck to core profit beat
(Reuters) - Germany's Daimler Truck AG posted first-quarter core profit of 1.21 billion euros ($1.30 billion) on Friday, beating the consensus estimate of 1.17 billion euros in a company poll, driven by a strong performance of its Trucks North ...
Investors flood into Taiwan ETFs on AI boom, unnerving some
By Faith Hung TAIPEI (Reuters) - Money is pouring into Taiwan exchange-traded funds as investors scramble for exposure to the artificial intelligence supply chain, raising analyst and regulator caution just as a rally in the sector has turned ...
Morning Bid: Yen's wild week has bears wary
A look at the day ahead in European and global markets from Ankur Banerjee: A more dovish-than-expected Federal Reserve meeting and an eye-watering $110 billion share buyback programme from Apple have boosted risk sentiment ahead of the crucial U.S.
SocGen's investment bank limits Q1 profit plunge
By Mathieu Rosemain PARIS (Reuters) -French bank Societe Generale reported a smaller-than-expected 22% slide in first-quarter net income on Friday, as profits on equity derivative sales offset more weakness at its retail bank and in fixed-income ...
SVB Financial to sell VC business SVB Capital
(Reuters) -Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated with Pinegrove Capital Partners will acquire its venture capital business, SVB Capital. A newly-created entity, backed by permanent capital from ...
Global hedge funds chase Hong Kong stocks rally, UBS says
By Summer Zhen HONG KONG (Reuters) - Global hedge funds that use an equities long-short strategy are growing increasingly bullish on China, evidenced by the heavy pick-up in their purchases of Hong Kong-listed shares, UBS Group said in a note.
Asian stocks surge; yen extends gains to cap wild week
By Ankur Banerjee SINGAPORE (Reuters) -Asian stocks surged to their highest in 15 months on Friday led by tech and Hong Kong stocks, while the yen put more distance from recent 34-year lows to cap a tumultuous week that saw suspected intervention ...
Stay alert: Quake warning app demand surges in earthquake-rattled Taiwan
By Yimou Lee and Angie Teo TAIPEI (Reuters) -Earthquake warning smartphone apps have surged in popularity in Taiwan due to high demand from people eager to get a few extra seconds to take cover after more than 1,300 aftershocks rattled the island in ...
Oil prices set for steepest weekly drop in 3 months
By Laila Kearney (Reuters) -Oil prices edged up on Friday on the prospect of OPEC+ continuing output cuts, but the crude benchmarks were headed for the steepest weekly losses in three months on demand uncertainty and easing tensions in the Middle ...