Switch to electric cars threatens 75,000 German auto industry jobs

05.06.2018, 12:47

The switch to electric cars puts 75,000 engine and gearbox manufacturing jobs at risk, a study commissioned by German trade unions and the auto industry showed.

U.S. hedge fund Hudson Bay to open London office - sources

05.06.2018, 12:33

U.S. hedge fund Hudson Bay Capital is opening an office in Britain to expand its European trading book, two sources told Reuters on Tuesday.

Tech stocks on a tear as FAANGs and BATTS bite

05.06.2018, 12:13

World tech stocks hit a record high on Tuesday, spurred on by a new all-time peak for Apple (NASDAQ:AAPL), a 17-year top for European tech firms and news that Twitter and Netflix (NASDAQ:NFLX) were set to join Wall Street's flagship S&P 500 index.

Forex - Pound Hits Day’s Highs after UK Services Data

05.06.2018, 12:05

The pound rose to the day’s highs on Tuesday, jumping half a percent against the dollar after data showing that the dominant UK service sector grew at a faster than expected pace in May.

Forex - Euro Steady, Dollar Firm as Markets Await Fresh Catalyst

05.06.2018, 11:36

The euro and the dollar steadied on Tuesday as investors awaited a fresh catalyst after the previous day’s gains as signs of strength in the U.S. economy shifted focus away from trade concerns.