Explore

German economy grows more than expected in Q2, analysts warn of geopolitical risks

German economy grows more than expected in Q2, analysts warn of geopolitical risks

By Maria Martinez BERLIN, July 30 (Reuters) - Germany's gross domestic product grew more than expected in the second quarter despite rising prices caused by the Iran conflict, but risks loom on the horizon as hostilities flare up again.

Euro zone economy grows faster than expected on AI spending, confident consumers

Euro zone economy grows faster than expected on AI spending, confident consumers

By Balazs Koranyi FRANKFURT, July 30 (Reuters) - The euro zone economy grew faster than expected last quarter as surging investment in AI, ample government spending and several one-off factors more than offset a drag from high energy costs and the war in Iran.

Euro zone grows a touch above forecasts on AI spending, confident consumers

Euro zone grows a touch above forecasts on AI spending, confident consumers

By Balazs Koranyi FRANKFURT, July 30 (Reuters) - The euro zone economy grew a touch faster than modest expectations last quarter as surging investment in AI, ample government spending and several one-off factors helped offset a drag from the war in Iran and soaring energy costs.

European bank rally rolls on as Deutsche Bank, UBS report profit jump

European bank rally rolls on as Deutsche Bank, UBS report profit jump

By Tom Sims, Ariane Luthi and Tommy Reggiori Wilkes FRANKFURT/ZURICH/LONDON, July 29 (Reuters) - Deutsche Bank and UBS beat forecasts again with second-quarter earnings on Wednesday, buoyed by a surge in trading activity and strong retail business as Europe's lenders extend a more than two-year-long

Oil prices fall, markets bounce back on mixed earnings from US tech giants

Oil prices fall, markets bounce back on mixed earnings from US tech giants

Wall Street was poised for a rebound and oil prices fell modestly even as the U.S. said it had conducted a “heavy wave” of strikes against Iran

World shares are mixed and South Korea's Kospi share index falls 6%, while oil prices surge

World shares are mixed and South Korea's Kospi share index falls 6%, while oil prices surge

Shares in Europe and Asia are mixed, while South Korea’s Kospi share index fell 6% in another bout of selling of chipmaking shares

Oil prices fall 5% to two-week low on hopes for US-Iran conflict easing

Oil prices fall 5% to two-week low on hopes for US-Iran conflict easing

By Scott DiSavino July 28 (Reuters) - Oil prices dropped 5% on Tuesday to a two-week low, on cautious hopes for a resolution to the Iran war as traders assessed developments in the Middle East. Brent futures fell $4.61, or 5.2%, to $83.75 a barrel at 12:01 p.m. EDT (1601 GMT). U.S.

Asian stock rout deepens on AI worries ahead of tech earnings

Asian stock rout deepens on AI worries ahead of tech earnings

By Ankur Banerjee SINGAPORE, July 29 (Reuters) - Asian stocks slid on Wednesday extending a brutal selloff as anxiety about AI valuations, rising competition and spending rocked markets ahead of crucial earnings from big tech firms and a U.S. Federal Reserve policy decision.

Oil prices jump following fighting in the Middle East, while US stocks drift

Oil prices jump following fighting in the Middle East, while US stocks drift

Oil prices are back to jumping, while the U.S. stock market is holding relatively steady ahead of a Federal Reserve decision on what to do with interest rates

Oil falls on Hormuz talks

Oil falls on Hormuz talks

By Anushree Mukherjee July 30 (Reuters) - Oil prices fell on Thursday, as investors weighed talks between Oman and Iran over the Strait of Hormuz even as Washington and Tehran traded strikes on each other's military targets again.

German business sentiment rises more than expected in July, Ifo survey shows

German business sentiment rises more than expected in July, Ifo survey shows

By Maria Martinez BERLIN, July 27 (Reuters) - German business morale grew more than expected in July as the outlook for companies improved across sectors, a survey showed on Monday, although they continue to face risks from the impact of the Iran war.

Stocks mixed, oil and Treasury yields drop on Iran-US pause

Stocks mixed, oil and Treasury yields drop on Iran-US pause

By Karen Brettell July 27 (Reuters) - Stocks were mixed on Monday while oil prices tumbled and Treasury yields dropped after the U.S. and Iran paused strikes over the weekend, halting two weeks of attacks.