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European shares close shy of record after ECB delivers first rate-cut in five yearsIn new forecasts, the ECB said it expected inflation to average 2.2% in 2025 - up from a previous estimate of 2.0% and meaning it was now s...- Shell Q1 Results: Company smashes forecasts with $7.7 billion quarterly profitShell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refin...
- Factories around the world are slowly cranking into gear againThe nascent industrial recovery is led by the world’s two biggest economies. Chinese manufacturing has made a strong start to the year, boo...
- Wall Street's 'foolish' 2024 trade is betting on early Fed rate cutsEven as the S&P 500 closed Friday at an all-time high, money managers and analysts are contending with data that signals US economic resili...
- Euro zone bonds seek direction as markets scale back ECB hike betsEconomists at Nomura said that before the ECB meeting on Sept. 14, the most important data would be the ECB's Consumer Expectations Survey,...
- European shares post worst week in three months, Siemens Energy slumpsEuropean shares closed lower on Friday amid concerns of higher interest rates and inflation, prompted by central bank policy decisions thro...
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