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  • LONDON, April 27- Sterling rose 0.8 percent against the euro on Thursday to trade at its strongest since before Sunday's first round of France's presidential election, when a victory for the market-friendly Emmanuel Macron drove a surge in the single currency. Its gains were largely due to broad weakness in the euro, which fell across the board after European...

  • That helped to offset gains for Under Armour, PayPal and others that joined the lengthening parade of big U.S. companies reporting bigger-than-expected profits for the first three months of the year. ENERGY SLUMP: Benchmark U.S. crude dropped $1.33, or 2.7 percent, to $48.29 per barrel, while Brent crude, which is used to price international oils, dropped $1.24 to...

  • LONDON— A key executive from Deutsche Bank has said nearly half of its 9,000 U.K.- based jobs could be shifted out of Britain because of Brexit as industry leaders express concern about the lack of clarity in the process. Chief regulatory officer Sylvie Matherat suggested that 4,000 back- and front-office positions could be forced to relocate once the country...

  • LONDON— European automakers and suppliers are warning about the damage that Britain's departure from the European Union could mean to the industry. The comments come just days before the European Union will hold a summit with the other 27 EU nations to agree on guidelines for talks on the exit, or Brexit. The lobbyists say 90 percent of commercial vehicles built...

  • *Two key Libya oilfields restart, sources tell Reuters. *OPEC expected to extend production cuts. LONDON, April 27- Oil prices fell on Thursday after news that two key oilfields in Libya had restarted, pumping crude for export into an already bloated market.

  • Net income attributable to stockholders rose to $17.7 million, or 20 cents per share, in the first quarter ended March 31, from $9.9 million, or 12 cents per share, a year earlier. The company forecast revenue of $153 million- $161 million for the current quarter. Chicago- based GrubHub, which competes with Amazon.com Inc's Prime Now and Yelp Inc's Eat24, allows diners...

  • LONDON, April 27- London's silver price benchmark is plagued by big, unpredictable fluctuations that risk undermining its credibility and may complicate efforts by the London Bullion Market Association to find a new operator, according to a Reuters analysis of trading data and 10 industry sources. However, it has diverged widely from the spot price on a number...

  • LONDON _ CNH Industrial NV on Thursday reported first-quarter net income of $46 million, after reporting a loss in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share. Five analysts surveyed by Zacks expected $5.34 billion.

  • MOSCOW— The sale of nine Soviet-era masterpieces that fetched $3 million at a London auction in 2014 is causing uproar in Moscow's art community, where it was largely perceived as a theft of the family jewels. The sale of the paintings, one of which now has a place of pride in a Moscow oligarch's private museum, has triggered a criminal investigation.

  • *OPEC expected to extend production cuts. LONDON, April 27- Oil prices fell on Thursday after news that two key oilfields in Libya had restarted, pumping crude for export into an already bloated market. Benchmark Brent crude fell $1.14 a barrel to a low of $50.68 before recovering slightly to trade around $50.85 by 1220 GMT.

  • *Dollar rises vs. euro, eyes on ECB press conference at 1230 GMT. LONDON, April 27- The dollar gained against the euro on Thursday after the European Central Bank left interest rates unchanged, while Sweden's crown fell sharply after its central bank fed yet more money into its economy. The greenback hit a day's high of $1.0921 against the euro, up 0.2 percent on the day...

  • *Canada dlr, Mexican peso rebound after Trump NAFTA comments. LONDON, April 27- A record-setting rally in world stocks ran out of steam on Thursday, with unconvincing U.S. tax cut plans cooling investors' spirits and caution setting in as the European Central Bank met. Europe's main bourses were as much as 0.7 percent lower as traders pulled back after six days of...

  • *Eyes on ECB interest rate decision at 1145 GMT. LONDON, April 27- The dollar steadied against the euro on Thursday, recovering from investors' disappointment at U.S. Eyes were also on a euro trading tightly within ranges ahead of the European Central Bank's interest rate decision and news conference, with traders searching for any drift at the bank towards...

  • The company's net income rose 8.7 percent to $399.8 million, or $1.18 per share, in the first quarter ended March 31 from a year earlier. On an adjusted basis, CME earned $1.22 per share, beating the average analyst estimate of $1.20, according to Thomson Reuters I/B/E/S. Earlier this month, CME said it would close two operations in London by this year end after they...

  • DONGGUAN, China/ LONDON/ HONG KONG, April 27- In the digital age, footfall in bricks-and-mortar outlets is an incomplete measure of business activity, but HSBC's sparsely attended branches in the Pearl River Delta suggest it's not all plain sailing for the bank's expansion in mainland China. HSBC, the world's sixth-largest bank by assets, announced in 2015 that it...

  • *ECB may talk of rosier economic outlook. LONDON, April 27- Euro zone government bond yields nudged up on Thursday with the bloc's central bank expected to reiterate Japan's acknowledgment of better growth prospects in a move that could pave the way towards tighter monetary policy. The European Central Bank's meeting on Thursday comes immediately after solid...

  • LONDON, April 27- European shares retreated from 20- month highs on Thursday with financials and commodity-related stocks the main drag on the benchmark index. France's CAC 40 also fell 0.5 percent, just off Wednesday's nine-year high. Of the 20 percent of companies having reported so far, 70 percent had beaten estimates while 19 percent had missed, Thomson...

  • LONDON, April 27- Sterling rose around half a percent to 7- month highs above $1.29 on Thursday, helped by a broader softening of the dollar and polls showing Prime Minister Theresa May on course for a landslide in the early election she has called for June. By 0930 GMT it had risen 0.4 percent to $1.2898, having hit a high of $1.2917 in early trade in London.

  • *OPEC expected to extend production cuts deal. OPEC is discussing extending its cuts into the second half of the year, but the group has an uphill task as oil inventories are near record levels in many parts of the world. "It is clear that the world has plenty of oil in stock, making OPEC's life that much harder," said Jeffrey Halley, senior market analyst at futures...

  • *OPEC expected to extend production cuts deal. OPEC is discussing extending its cuts into the second half of the year, but the group has an uphill task as oil inventories are near record levels in many parts of the world. "It is clear that the world has plenty of oil in stock, making OPEC's life that much harder," said Jeffrey Halley, senior market analyst at futures...