E.ON's Q1 adjusted net profit increased to €1.34B, but revenue fell due to weakness in Germany, offset partly by growth in Sweden. E.ON reported a 7% year-on-year increase in adjusted net profit to €1.34B for Q1, driven by operational efficiency despite revenue challenges.
The currency pair stabilizes after UK election losses trigger calls for Prime Minister Keir Starmer’s resignation, fueling fiscal concerns. GBP/JPY trades around 213.60 in Asian hours, paring earlier gains as the British Pound weakens amid a deepening UK political crisis.
The Euro weakens against the Pound ahead of key Eurozone GDP data amid energy shock concerns and geopolitical risks. The EUR/GBP pair retreated to 0.8660 in early European trading on Wednesday, reflecting investor caution ahead of upcoming Eurozone GDP data. The Euro’s dec
Eurozone energy dependency and stalled US-Iran talks weigh on the Euro, offsetting hawkish ECB signals. The EUR/GBP pair retreated to 0.8660 in early European trading on Wednesday, pressured by concerns over the Eurozone’s vulnerability to Middle East energy shocks. Escala
BTC recovers to $81,044 after U.S. inflation data sparks volatility, with market cap holding at $2.78T. Bitcoin climbed back above $81K after briefly dipping below $80K following stronger-than-expected U.S. CPI figures. The move reflects short-term volatility in crypto mar
UOB strategists expect AUD/USD to consolidate between 0.7215 and 0.7255, with modest upside potential over the next 1-3 weeks. The Australian Dollar remains constrained against the US Dollar, trading near 0.7209 after a brief dip. UOB strategists anticipate intraday consol
UOB strategists Quek Ser Leang and Lee Sue Ann see AUD/USD consolidating after a brief dip to 0.7209, with intraday trade expected between 0.7215 and 0.7255. The firm underlying tone suggests the pair could edge higher in the coming 1–3 weeks, though gains are seen limited
The acquisition expands BP’s footprint in Central Asia with access to six exploration blocks in Uzbekistan’s Ustyurt region. BP has acquired a 40% participating interest in a production-sharing agreement covering six oil and gas exploration blocks in Uzbekistan’s Ustyurt r
France's April CPI holds at 2.2% year-over-year France's consumer price index for April remained steady at 2.2% year-over-year, matching the preliminary reading. The prior month's reading was 1.7%. The HICP, or harmonized index of consumer prices, also held at 2.5%
Takeda Pharmaceutical reports a 1.7% year-over-year revenue decline but maintains strong cash flow and forecasts FY2026 targets. Takeda Pharmaceutical reported a non-GAAP EPS of ¥517.00 and revenue of ¥4505.7 billion for the fiscal year, marking a 1.7% decline year-over-ye