News from Reuters

Futures flat ahead of ECB rate decision

Futures flat ahead of ECB rate decision

U.S. stock index futures were little changed on Thursday, a day after the Dow and the S&P 500 hit new highs, while investors awaited the European Central Bank's decision on monetary policy. The ECB is expected to announce an extension of its...

31 sec. ago in World News
 

European shares extends gains; banks rally after ECB cuts asset buys

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets) Adds details, updates prices after ECB decision) * STOXX Europe 600 up 0.6 pct * ECB cuts asset monthly

27 min. ago in World News
 

Ericsson says Swedish staff cuts running ahead of plan

Struggling telecom equipment maker Ericsson (ERICb.ST) said on Thursday sweeping staff cuts in its Nordic home market were running ahead of plan, resulting in higher restructuring costs this year than previously forecast. The company said in October it w

38 min. ago in Science &Technology
 

GLOBAL MARKETS-ECB spooks bond markets with stimulus slowdown

* World share markets climb for 4th day, Wall Street at record * ECB spooks bonds, euro jumps with plans to slow stimulus * China trade beats forecasts, commodity imports jump * Oil prices steady after slip, steel surge lifts iron ore * Graphic: World FX

39 min. ago in World News
 
Inmarsat switches to Arianespace for satellite launch after SpaceX delays

Inmarsat switches to Arianespace for satellite launch after SpaceX delays

British satellite company Inmarsat (ISA.L) will switch to using Arianespace from rival SpaceX to launch a new satellite to provide broadband connectivity to air passengers, it said on Thursday. The S-band satellite had been scheduled to launch with techn

43 min. ago in Business
 

Iraqi troops retreat after Mosul hospital battle

Iraqi troops who seized a hospital deep inside Mosul believed to be used as an Islamic State military base have retreated after a fierce counter-attack, giving up some of their biggest gains in a hard-fought seven-week campaign to recapture the city. The

46 min. ago in World News
 
Nearly 150 patients evacuated from east Aleppo - ICRC

Nearly 150 patients evacuated from east Aleppo - ICRC

Nearly 150 civilians, most disabled or in need of urgent care, were evacuated overnight from a hospital in Aleppo's Old City, the first major medical evacuation from the eastern sector, the International Committee of the Red Cross said on Thursday. They

46 min. ago in World News
 
ECB unexpectedly cuts asset buys to 60 billion euros per month from April

ECB unexpectedly cuts asset buys to 60 billion euros per month from April

The European Central Bank unexpectedly cut its asset purchases to 60 billion euros per month from next April from the current 80 billion euros, it said on Thursday. The asset buys will run until the end of 2017, or longer if necessary, the bank said in a

59 min. ago in Business
 
Poll: U.S. economic outlook unmoved so far after Trump win

Poll: U.S. economic outlook unmoved so far after Trump win

Donald Trump's shock White House win has not altered U.S. economic forecasts much, with economists in a Reuters poll expecting three rate rises by the end of next year based on little follow-through on most of the soon-to-be president's protectionist cam

59 min. ago in Business
 

U.S. STOCK INDEX FUTURES TURN POSITIVE, NOW UP ABOUT 0.2 PCT FOLLOWING INITIAL DIP AFTER ECB DECISION

U.S. STOCK INDEX FUTURES TURN POSITIVE, NOW UP ABOUT 0.2 PCT FOLLOWING INITIAL DIP AFTER ECB DECISION

today, 13:01 in World News
 
Irish central bank fears side effects of proposed mortgage role

Irish central bank fears side effects of proposed mortgage role

Ireland's central bank believes a proposed law to hand it powers to intervene in setting mortgage rates may have a range of damaging side effects but it would have a duty to use the powers if enacted, a senior official said on Thursday. The bill, tabled

today, 12:57 in Business
 

U.S. STOCK INDEX FUTURES REVERSE COURSE, NOW DOWN ABOUT 0.1 PCT FOLLOWING ECB POLICY DECISION

U.S. STOCK INDEX FUTURES REVERSE COURSE, NOW DOWN ABOUT 0.1 PCT FOLLOWING ECB POLICY DECISION

today, 12:53 in World News
 
Global stocks, euro push higher ahead of ECB stimulus plan

Global stocks, euro push higher ahead of ECB stimulus plan

World shares climbed to a three-month high on Thursday as encouraging Chinese data and a record-high Wall Street kept traders upbeat before an expected extension of the European Central Bank's already generous stimulus programme. Asia shares had risen to

today, 12:45 in World News
 

Futures flat ahead of ECB rate decision

U.S. stock index futures were little changed on Thursday, a day after the Dow and the S&P 500 hit new highs, while investors awaited the European Central Bank's decision on monetary policy. The ECB is expected to announce an extension of its...

today, 12:32 in World News
 
China's Fujian drops Aixtron bid after Obama blocks deal

China's Fujian drops Aixtron bid after Obama blocks deal

China's Fujian Grand Chip Investment Fund has dropped its takeover bid for German chip equipment maker Aixtron (AIXGn.DE) after U.S. President Barack Obama blocked the deal. Fujian's takeover vehicle Grand Chip Investment said on Thursday its offer had l

today, 12:28 in Business
 


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