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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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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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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EU considers bringing emissions removal credits into carbon market
By Kate Abnett FLORENCE (Reuters) – The European Union is looking into whether to bring emissions removal credits into its carb..
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Prince Harry says travel industry must do more for local communities
LONDON (Reuters) – Britain’s Prince Harry said it was crucial the travel industry did better by the local communities in ..
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Navigation firm TomTom posts operating loss as auto sales slow
(Reuters) -Digital mapping company TomTom’s operating result turned to a wider-than-expected loss in the first quarter, hit by s..
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Just Eat Takeaway’s Q1 orders ‘disappoint’, shares fall
(Reuters) -Just Eat Takeaway reported first-quarter orders below expectations on Wednesday, sending its shares 5% lower. Favoured by i..
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UK inflation slows by less than expected to 3.2% in March
LONDON (Reuters) -British consumer price inflation slowed by less than expected to a two-and-a-half-year low of 3.2% in annual terms i..
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Analysis-Painful high rates wake-up call threatens global markets
Analysis-Painful high rates wake-up call threatens global markets By Naomi Rovnick LONDON (Reuters) – Fear that interest rates i..
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Superdry plans to go private as it kicks off three-year turnaround plan
(Reuters) -British fashion chain Superdry announced a three-year restructuring plan on Tuesday and said a fund raising backed by its C..
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Jaguar develops energy-storage unit using Range Rover batteries
By Nick Carey LONDON (Reuters) – Jaguar Land Rover has developed a mobile energy storage unit for sale in partnership with UK s..
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Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2
(Reuters) -Telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted profit that beat expectations and said sales ..
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Swiss chemicals maker Sika posts 13.8% jump in Q1 sales
(Reuters) -Swiss chemicals maker Sika AG on Tuesday reported a 13.8% increase in its first-quarter sales and confirmed its outlook for..
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Stocks tumble, dollar firms amid geopolitical risk, mixed central bank views
NEW YORK/LONDON (Reuters) -U.S. stocks sold off sharply on Friday while the dollar jumped as investors grappled with rising geopolitic..
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Oil slips as risk premium eases after Iran attack
By Laila Kearney NEW YORK (Reuters) -Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel pro..
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Dollar jumps, yen weakest since 1990 after strong U.S. retail sales
By Karen Brettell NEW YORK (Reuters) – The dollar reached its highest since early November against a basket of currencies on Mo..
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Greece to spend 780 million euros to protect marine biodiversity, PM says
ATHENS (Reuters) – Greece is pushing ahead with 21 initiatives worth 780 million euros ($830.9 million) to protect marine biodiv..
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UK fintechs ask government for help to ease capital shortages
LONDON (Reuters) -Leaders of the UK’s financial technology industry are urging the British government to increase tax relief a..
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BNP Paribas to become top investor in Belgian insurer Ageas
PARIS/HONG KONG (Reuters) -BNP Paribas, the euro zone’s biggest bank, has agreed to buy a 9% stake in the Belgian insurer Ageas ..
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