Home improvement retailer Kingfisher names Claudia Arney as new chair
LONDON (Reuters) – European home improvement retailer Kingfisher said on Monday that Chair Andrew Cosslett will step down in Ju..
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ECB holds rates, signals rate cut on horizon
LONDON (Reuters) -The European Central Bank kept interest rates unchanged on Thursday, but signalled that it may be preparing to eas..
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ECB to set up June rate cut after rapid disinflation
FRANKFURT (Reuters) -The European Central Bank is all but certain to keep borrowing costs at a record high on Thursday but is likely t..
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Paris Olympics on track to hit NBC ad sales record after pandemic
By Sheila Dang (Reuters) – As the July opening ceremony for the 2024 Paris Olympics draws closer, U.S. broadcaster NBCUnivers..
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U.N. climate chief says two years to save the planet
By Kate Abnett and Simon Jessop LONDON/BRUSSELS (Reuters) -Governments, business leaders and development banks have two years to take..
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Companies get green light to use offsets for supply chain emissions
By Simon Jessop LONDON (Reuters) -A leading judge of corporate climate action plans said it will allow companies to use carbon credit..
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UK equities end volatile session higher as investors ponder rate outlook
(Reuters) -UK equities closed Wednesday’s volatile session higher as investors pondered the outlook for global rates after hotte..
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European shares rebound from one-month low; ECB rate verdict up next
(Reuters) -European shares staged a recovery after a knee-jerk reaction to a high U.S. inflation reading on Wednesday, with investors ..
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US dollar surges vs yen to highest since mid-1990 after hotter-than-expected inflation data
NEW YORK (Reuters) -The dollar rose across the board on Wednesday, soaring against the Japanese yen to its highest since mid-1990, a..
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EU extends trade guide on Chinese distortions to new sectors
BRUSSELS (Reuters) – The European Commission has updated its report on state-led distortions in the Chinese economy, adding new ..
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UK’s Tesco forecasts profit rise as consumer sentiment improves
LONDON (Reuters) -Britain’s biggest retailer Tesco forecast a further rise in profit on Wednesday, citing early signs of improvi..
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Factbox-European companies cut jobs as economy sputters
(Reuters) – The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into layo..
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M&C Saatchi expects 2024 profit to meet forecasts
(Reuters) – M&C Saatchi said on Wednesday it expected to meet profit expectations this year, betting on its cost-savings ini..
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UK’s THG returns to revenue growth in Q4 on demand for beauty products
(Reuters) – British e-commerce firm THG said on Wednesday its revenue continued to improve in 2024 after returning to growth in..
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Puma hones focus on speed in Olympic battle with Adidas and Nike
By Helen Reid PARIS (Reuters) – German sportswear brand Puma is using this year’s Olympic Games and its partnership with ..
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Barry Callebaut operating profit falls 40% on transformation costs
(Reuters) -Barry Callebaut, the world’s biggest chocolate maker, reported lower than expected half-year operating profit on Wed..
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Shocks in G20 emerging economies hit rich-world growth, IMF says
By Libby George LONDON (Reuters) – Domestic shocks in emerging economies in the G20 are increasingly impacting growth in the ..
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World stocks mixed ahead of US inflation, metals soar
LONDON (Reuters) -Global shares were mixed on Tuesday ahead of this week’s U.S. inflation data and a crucial European Central Ba..
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US dollar struggles for direction ahead of data despite rise in yields
By Stefano Rebaudo (Reuters) -The dollar struggled for direction on Tuesday as investors were cautious ahead of inflation data due on..
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Flooding spreads in Russia, putting thousands more at risk
ORSK, Russia (Reuters) -Flood sirens blared out in two Russian cities on Tuesday, warning thousands more people to evacuate immediatel..
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Italy cuts growth forecasts and says debt set to rise
By Giuseppe Fonte and Matteo Negri ROME (Reuters) -The Italian government on Tuesday cut its growth forecast for this year and next, ..
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Daimler Truck Q1 sales drop 13% as markets normalize
BERLIN (Reuters) – Daimler Truck Group reported a 13% drop in first-quarter sales on Tuesday, as the markets normalize as expect..
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Italian hearing aid market lacks transparency, regulator says
ROME (Reuters) – The retail market for hearing aids in Italy – dominated by domestic player Amplifon – lacks transpa..
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Oil prices turn higher as Middle East ceasefire hopes wane
BEIJING (Reuters) -Oil prices rose on Tuesday after hopes diminished that negotiations between Israel and Hamas would lead to a ceasef..
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Crypto survey shows less consumer scepticism, but a third expect bitcoin price fall
(This April 8 story has been corrected to fix the bitcoin record high in paragraph 7) LONDON (Reuters) – Consumers are becoming ..
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Stocks rise slightly as oil cools; Treasury yields touch 4-month high
NEW YORK/LONDON (Reuters) -Equity indexes rose slightly on Monday as U.S. bond yields hit their highest levels since late November and..
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Norwegian Cruise orders eight new ships, biggest order in its history
By Doyinsola Oladipo NEW YORK (Reuters) -Norwegian Cruise Line Holdings has placed the largest ship order in its history to meet the ..
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Big companies’ emissions goals are too weak, report says
(Reuters) – The carbon emissions reduction targets of a group of the biggest listed companies are too weak collectively, meaning..
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US dollar skids ahead of inflation data; yen not far from 1990 lows
NEW YORK (Reuters) -The dollar slid on Monday as investors focused on U.S. inflation data due later this week, while the yen dipped to..
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North America experiences total solar eclipse, starting at Mexican resort
MAZATLAN, Mexico (Reuters) -The first total solar eclipse to grace North America in seven years made landfall in Mexico on Monday as m..
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Eclipse boosts travel as Americans chase rare celestial event
(Reuters) -The upcoming solar eclipse is proving to be a good omen for travel firms, as some parts of the United States that fall in t..
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Euro zone investor morale hits two-year high in April
FRANKFURT (Reuters) – Investor morale in the euro zone improved for the sixth consecutive month in April to its highest level in..
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Vivendi’s Canal+ makes mandatory buyout offer for South Africa’s MultiChoice
JOHANNESBURG (Reuters) -French media group Vivendi’s Canal+ made an all-cash mandatory offer on Monday to buy all the shares of ..
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HSBC targets wealthy expats, bullish Asian firms to drive Europe unit, exec says
HSBC targets wealthy expats, bullish Asian firms to drive Europe unit, exec says
LONDON (Reuters) – HSBC’s European chief is betting on rising regional wealth and overseas expansion by Asian corporate clients to boost h..
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Large UK companies see lowest uncertainty in nearly 3 years
LONDON (Reuters) – Concern among large British companies about economic uncertainty has fallen to its lowest since mid-2021 but ..
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Butler Industries joins Onepoint in Atos rescue consortium
PARIS (Reuters) – Paris-based Butler Industries is joining a consortium to rescue distressed IT consulting firm Atos, the compan..
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Analysis-Dutch set to comply with U.S. demands on China exports
By Toby Sterling AMSTERDAM (Reuters) – U.S. demands that chipmaking giant ASML stop servicing some equipment it has sold to Chi..
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