Explainer-How Sweden’s commercial real estate problems could spark financial meltdown
STOCKHOLM (Reuters) – Soaring interest rates and too much debt are weighing down Sweden’ commercial real estate firms, mak..
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Wall Street subdued, gold slides ahead of CPI, Fed
By Stephen Culp NEW YORK (Reuters) -U.S. stocks were muted and gold slid on Wednesday, as investors bided their time ahead of crucial..
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Europe agrees landmark AI regulation deal
By Foo Yun Chee, Martin Coulter and Supantha Mukherjee BRUSSELS/LONDON/STOCKHOLM (Reuters) – Europe on Friday reached a provisi..
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German 2024 budget could be ready soon – Scholz
BERLIN (Reuters) -Germany’s coalition partners could soon finalise a draft budget for 2024, Chancellor Olaf Scholz said on Monda..
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New COP28 draft deal stops short of fossil fuel ‘phase out’
By Kate Abnett, Gloria Dickie and David Stanway DUBAI (Reuters) -A draft of a potential climate deal at the COP28 summit on Monday su..
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Yen falls as Japan’s negative rates expected to persist
NEW YORK (Reuters) – The Japanese yen weakened against the dollar for a second day on Monday, giving back most of a rally last..
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As UK dental system decays, surging numbers seek treatment abroad
LONDON/ISTANBUL (Reuters) – Once Marion Parks found out she needed intensive dental work, the 55-year-old decided her best cou..
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Oil prices hold as investors still wary
By Paul Carsten LONDON (Reuters) -Oil prices were steady on Monday as worries persisted around crude oversupply despite OPEC+ cuts an..
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Oil stocks send FTSE 100 to 7-week closing high, Anglo American sinks
By Shashwat Chauhan and Sruthi Shankar (Reuters) -The UK’s FTSE 100 closed at a seven-week high on Friday with a rebound in cru..
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In Olympics race, Adidas pursues edge in new sports
By Helen Reid HERZOGENAURACH, Germany (Reuters) – As sportswear rivals jockey for position ahead of next year’s Paris Oly..
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Stocks gain, Treasury yields climb after US payrolls report
NEW YORK (Reuters) -A gauge of global stocks was higher on Friday, on track for its sixth straight week of gains, while U.S. Treasury ..
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Azerbaijan tipped to host COP29 climate talks
DUBAI (Reuters) -Azerbaijan is tipped to host next year’s U.N. climate summit, after striking a late deal with longtime advers..
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Stalled talks resume on EU’s AI Act, biometric surveillance targeted
BRUSSELS/LONDON/STOCKHOLM (Reuters) -A third day of negotiations on Friday over landmark European Union rules governing the use of a..
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COP28 considers end to fossil fuels in move opposed by OPEC
DUBAI (Reuters) -OPEC is rallying its oil producing members to veto a proposed deal to phase out fossil fuels at the COP28 climate sum..
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How electric vehicles are accelerating the end of the oil age
(Reuters) – There is plenty of hand-wringing on display at the COP28 climate conference in Dubai about the slow pace of reduci..
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EU scientists say 2023 will be warmest year on record globally
EU scientists say 2023 will be warmest year on record globally
(Reuters) -European Union scientists said on Wednesday that 2023 would be the warmest year on record, as global mean temperature for the first 11 mont..
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Analysis-China turbo-charges cobalt mine output despite price crash
By Eric Onstad LONDON (Reuters) – Chinese-owned companies are aggressively expanding cobalt mining in Congo and Indonesia even ..
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German coalition parties at loggerheads as budget crisis grows
By Christian Kraemer and Andreas Rinke BERLIN (Reuters) -Germany’s coalition partners intensified efforts on Wednesday to find a..
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US FTC tries again to stop Microsoft’s already-closed deal for Activision
By Diane Bartz WASHINGTON (Reuters) – U.S. antitrust enforcers will argue on Wednesday that a federal judge got it wrong when s..
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Moody’s cuts China credit outlook, citing lower growth, property risks
(Reuters) – Ratings agency Moody’s cut its outlook on China’s government credit ratings to negative from stable on T..
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Explainer-What new OPEC+ oil output cuts are in place after Thursday deal
LONDON (Reuters) -OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per day (bpd) fo..
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Analysis-Schnabel reconciles ECB with markets – until next fight
FRANKFURT (Reuters) – The European Central Bank’s leading hawk Isabel Schnabel has reconciled her institution with investo..
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Dollar steady after key jobs data comes in below estimates
WASHINGTON/LONDON (Reuters) -The U.S. dollar stood near a one-week high against a basket of currencies on Tuesday, after fresh employm..
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COP28 focus on health draws $777 million to fight tropical disease
By Gloria Dickie, Elizabeth Piper and Alexander Cornwell DUBAI (Reuters) -The United Arab Emirates and several charities at the U.N. ..
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Swathes of Siberia freeze in temperatures below -58 Celsius
YAKUTSK, Russia (Reuters) – Arctic weather enfolded swathes of Russia on Tuesday, with temperatures in the wilds of Siberia fal..
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Dollar gains back ground on rate bets; bitcoin breaches $42,000
WASHINGTON/LONDON (Reuters) – The dollar ticked higher on Monday, regaining some ground after falling for three straight weeks o..
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Spotify to cut 1,500 jobs in third layoff round this year, shares jump
STOCKHOLM (Reuters) – Music streaming giant Spotify said on Monday that it will lay off around 1,500 employees, or 17% of its wo..
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German budget crisis talks enter crunch week
BERLIN (Reuters) – German Chancellor Olaf Scholz, Finance Minister Christian Lindner and Economy Minister Robert Habeck held tal..
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EU auditors warn about worsening competition in public procurement
By Gabriela Baczynska BRUSSELS (Reuters) – Competition in public procurement across the 27 European Union countries worsened ..
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Marketmind: Markets wary Powell may undermine rate-cut bets
A look at the day ahead in European and global markets from Ankur Banerjee With a blockbuster November in the rear view mirror, invest..
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After Musk tirade, X faces prospect of more advertisers fleeing
(Reuters) -Social media company X faces the prospect of more advertisers fleeing and has no clear fix in sight, ad industry experts sa..
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Swedish property problems could accelerate price drops in Denmark, central bank says
COPENHAGEN (Reuters) – Denmark’s central bank said on Tuesday that the risk of further price drops in the commercial prope..
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Marketmind: Markets turn risk-averse after bumper month
A look at the day ahead in European and global markets from Wayne Cole. Asia started Monday in hesitant fashion and has turned steadi..
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Factbox-UK’s Hunt sets out plans to boost economic growth
LONDON (Reuters) – British finance minister Jeremy Hunt announced on Wednesday cuts to personal taxation and efforts to boost bu..
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Maersk enters deal for half a million tonnes of green methanol annually
COPENHAGEN (Reuters) -Maersk on Wednesday announced it had entered into the shipping industry’s first large-scale agreement for ..
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US stocks edge higher ahead of holiday, crude tumbles
By Stephen Culp NEW YORK (Reuters) -U.S. stocks resumed their uphill climb led by interest rate sensitive megacaps on Wednesday, whil..
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Nvidia shares drop as China worries overshadow stellar forecast
By Arsheeya Bajwa and Chavi Mehta (Reuters) – Nvidia shares fell nearly 4% on Wednesday on fears that widening U.S. chip curbs ..
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