Orsted says Taiwan wind project to power TSMC on track for 2025 finish
TAIPEI (Reuters) – Denmark’s Orsted, the world’s biggest offshore wind farm developer, said on Wednesday a project ..
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Standard Chartered lowers Vietnam 2024 growth forecast to 6.0%
HANOI (Reuters) – Standard Chartered has cut its forecast for Vietnam’s economic growth this year to 6.0% from 6.7%, the b..
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Australia Q1 inflation slowdown disappoints, rate cut bets gone
By Stella Qiu SYDNEY (Reuters) -Australian consumer price inflation slowed less than expected in the first quarter as service cost pr..
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Global equity market-neutral hedge funds shine
By Patturaja Murugaboopathy (Reuters) – Global equity market-neutral hedge funds have lured investors as they can deliver bette..
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Electric car sales to rise but affordability in focus, IEA says
By Noah Browning LONDON (Reuters) – Electric car sales will rise strongly in 2024 and increasingly undercut oil demand, the Int..
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Renault says new models to lift 2024 sales, confirms profit outlook
PARIS (Reuters) -Renault expects its sales growth to accelerate this year as it launches a number of new models, the French automaker ..
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Strategies for mitigating risks in international business expansion
Expanding a business internationally can offer exciting opportunities for growth and profitability. However, it also comes with a uni..
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Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble
(Reuters) – Russia’s economy ministry improved its expectations for 2024 gross domestic product (GDP) growth to 2.8% from..
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Prince William and wife Kate thank public for birthday messages for son Louis
LONDON (Reuters) – Britain’s Prince William and his wife Kate thanked the public for their messages which had been sent t..
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Oil falls back after robust EU data as Mideast tensions linger
By Deep Kaushik Vakil (Reuters) -Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as..
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Stocks gear up for Big Tech earnings; yen sits near danger zone
By Amanda Cooper LONDON (Reuters) – Global shares rose on Tuesday, driven by a recovery on Wall Street, where investors focus o..
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Italy’s Lavazza launches bid to take machine vendor IVS private
MILAN (Reuters) -Italian coffee maker Lavazza on Tuesday said it was investing further in the machine vending industry by acquiring a..
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Japan’s 7-Eleven convenience chain targets aggressive global growth
TOKYO (Reuters) – Japanese retail giant Seven & i Holdings said on Tuesday it wanted to see huge growth for its 7-Eleven co..
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Golden Goose’s net revenues up 12% in first quarter
MILAN (Reuters) – Italy’s Golden Goose said on Tuesday its net revenues rose 12% at constant exchange rates in the first ..
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Sluggish demand and oversupply sap European diesel markets
By Ahmad Ghaddar and Robert Harvey LONDON (Reuters) – European diesel futures spreads are flashing signs of oversupply and slow..
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Bank of England looks to shine a light on private equity leverage
By Huw Jones LONDON (Reuters) – Regulators need to shine a light on the $8 trillion global private equity sector, as opaque l..
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Dollar firm as US rates and earnings take center stage
NEW YORK/LONDON (Reuters) -The dollar ticked higher against the euro and yen in subdued trade after last week’s volatility, with..
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Navigating the complexities of international trademarks for startups
Establishing a strong brand identity is essential for startups looking to compete in the global marketplace. Central to this effort..
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US crude futures climb back into positive territory
By Erwin Seba HOUSTON (Reuters) -U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider..
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Equities gain, gold drops as fears of wider Middle East conflict ease
By Chris Prentice and Alun John NEW YORK/LONDON (Reuters) -Investors scaled back safe-haven bets on Monday as worries over a wider Mi..
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World’s workers increasingly at risk as climate changes, ILO says
GENEVA (Reuters) -More than 70% of the global workforce is exposed to risks linked to climate change that cause hundreds of thousands ..
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Hedge fund borrowing hits five-year peak, Goldman Sachs says
By Nell Mackenzie LONDON (Reuters) – Global hedge fund borrowing rose to a five-year high in the week to April 19, a Goldman Sa..
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After VW plant victory, UAW sets its sights on Mercedes in Alabama
CHATTANOOGA, Tennessee (Reuters) – The United Auto Workers has made history by winning its first unionization vote at an auto fa..
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London shares rebound as fears of wider Middle East conflict ebb
By Pranav Kashyap and Shubham Batra (Reuters) -London stocks gained 1% on Monday, following last week’s sharp selloff, as fears..
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UK’s struggling Thames Water proposes spending more on environmental improvements
LONDON (Reuters) -Britain’s Thames Water has proposed spending an additional 1.1 billion pounds ($1.36 billion) on environmental..
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Automakers hope for a cut as two-way EV charging becomes real
LONDON (Reuters) – Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating ..
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UK supermarket Asda says 2023 underlying profit up 24%
LONDON (Reuters) – Asda, Britain’s third biggest supermarket group, reported a 24% rise in annual earnings on Monday that ..
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Prince Harry’s privacy case against Murdoch tabloids to proceed as planned
LONDON (Reuters) – Prince Harry’s privacy case has avoided a major delay after London’s High Court rejected an appli..
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UK retail sales stagnate despite easing inflation
By Suban Abdulla LONDON (Reuters) -British retail sales stagnated in March despite high inflation easing recently, representing the f..
Business
Scotland ditches 2030 climate target to cut emissions by 75%
LONDON (Reuters) -Scotland on Thursday scrapped its target of cutting climate-damaging greenhouse gas emissions by 75% by 2030, blamin..
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Meta releases early versions of its Llama 3 AI model
NEW YORK (Reuters) – Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an imag..
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Industrials boost STOXX 600 as earnings season rolls in
(Reuters) -European shares rose on Thursday, boosted by industrials after Swiss engineering company ABB touched a record high followin..
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Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets
(Reuters) -Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this y..
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ABB more confident about 2024 despite China slowdown
By John Revill ZURICH (Reuters) -ABB expects faster revenue growth in the coming months, with growth in markets such as the United St..
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Danone beats first-quarter sales forecasts, keeps 2024 goals
PARIS/LONDON (Reuters) -Danone posted stronger-than-expected quarterly sales on Thursday, with all businesses delivering volume growth..
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Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown
(This April 16 story has been refiled to correct the grammar in paragraph 6) HONG KONG (Reuters) – Morgan Stanley and HSBC are ..
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US stocks lose steam on Fed caution and mixed earnings
NEW YORK (Reuters) -U.S. stocks on Wednesday reversed earlier gains as crude prices dropped and investors weighed cautious U.S. Federa..
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