Explore

Qantas' full-year profit falls 14% on fuel costs, to retire A380s from 2028

Qantas' full-year profit falls 14% on fuel costs, to retire A380s from 2028

Aug 27 (Reuters) - Australia's Qantas Airways reported a 13.8% drop in its full-year pre-tax underlying profit on Thursday, hurt by surging jet fuel prices due to the Middle East conflict, and said it planned to start retiring A380 superjumbos from its fleet in 2028.

European shares fall as Nvidia boost fails to offset sectoral weakness

European shares fall as Nvidia boost fails to offset sectoral weakness

By Tharuniyaa Lakshmi Aug 27 (Reuters) - European shares edged lower on Thursday as a Nvidia-fuelled rally in technology stocks was not enough to offset broader market weakness. The pan-European STOXX 600 was down 0.4% at 653.77 points, as of 0843 GMT.

Wall St futures subdued as Nvidia results, inflation take center stage

Wall St futures subdued as Nvidia results, inflation take center stage

By Purvi Agarwal Aug 26 (Reuters) - U.S. stock index futures were little changed on Wednesday as investors stayed on the sidelines ahead of AI bellwether Nvidia's earnings and a closely watched inflation report that could influence interest-rate expectations.

Oil gains as traders weigh prospects of easing Middle East supply disruptions

Oil gains as traders weigh prospects of easing Middle East supply disruptions

By Anushree Mukherjee Aug 27 (Reuters) - Oil prices rose on Thursday after falling earlier in the session as traders weighed signs of diplomatic progress involving Iran against lingering risks to oil supplies from the Middle East.

Nasdaq futures take lead after Nvidia forecast refuels AI trade

Nasdaq futures take lead after Nvidia forecast refuels AI trade

Aug 27 (Reuters) - Futures tied to the tech-heavy Nasdaq outperformed peers on Thursday after AI bellwether Nvidia's blockbuster forecast renewed investor confidence in the AI trade and boosted technology stocks globally.

Oil prices rise as investors weigh lack of progress in Middle East negotiations

Oil prices rise as investors weigh lack of progress in Middle East negotiations

By Anushree Mukherjee and Robert Harvey LONDON, Aug 27 (Reuters) - Oil prices rose on Thursday, as traders weighed prospects for global supplies in the wake of the ongoing Iran war as Washington confirmed it was not currently in talks with Tehran despite diplomatic efforts by other countries.

Oil gains as traders weigh prospects of Hormuz reopening

Oil gains as traders weigh prospects of Hormuz reopening

By Anushree Mukherjee Aug 27 (Reuters) - Oil prices rose on Thursday after falling earlier in the session as investors weighed prospects for progress in reopening the Strait of Hormuz and broader Middle East supply risks.

Oil rises by over $1 as White House says no US-Iran talks happening

Oil rises by over $1 as White House says no US-Iran talks happening

By Siddharth Cavale NEW YORK, Aug 27 (Reuters) - Oil prices rose by more than $1 on Thursday, after Washington confirmed it was not in talks with Iran despite diplomatic efforts by other countries, and hopes dimmed for a resumption of oil flows through the Middle East.

European stocks flat as markets weigh Iran tensions, await economic data

European stocks flat as markets weigh Iran tensions, await economic data

By Tharuniyaa Lakshmi and Utkarsh Hathi Aug 24 (Reuters) - European shares were flat on Monday as markets monitored U.S.-Iran developments and looked ahead to a busy week of economic data that could offer fresh clues on the European Central Bank's policy path.

Dollar higher after Iran sanctions, loonie drops after US announces tariff increases

Dollar higher after Iran sanctions, loonie drops after US announces tariff increases

By Chuck Mikolajczak NEW YORK, Aug 24 (Reuters) - The U.S. dollar advanced on Monday, coming off its third weekly decline in four that sent the greenback to three-month lows after President Donald Trump's administration announced an expansion of sanctions on Iran and separate tariffs on goods from

Dollar little changed as Iran sanctions, Treasury buybacks gauged

Dollar little changed as Iran sanctions, Treasury buybacks gauged

By Chuck Mikolajczak NEW YORK, Aug 25 (Reuters) - The U.S. dollar was roughly unchanged on Tuesday, as investors weighed Washington's expanded sanctions against Iran and renewed efforts to ease pressure on longer-dated Treasury yields. The greenback had stumbled late last week after U.S.

European shares climb on softer-than-feared Iran sanctions, defence gains

European shares climb on softer-than-feared Iran sanctions, defence gains

By Tharuniyaa Lakshmi Aug 25 (Reuters) - European shares edged higher on Tuesday as investors took comfort in a softer-than-feared U.S. sanctions package against Iran, while gains in defence stocks boosted sentiment. The pan-European STOXX 600 was up 0.3% at 656.57 points, as of 0907 GMT.