Euro zone business activity moves closer to recovery, PMI survey shows
Euro zone business activity moves closer to recovery, PMI survey shows LONDON (Reuters) – Business activity in the euro zone showed signs of rec..
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Euro zone business activity moves closer to recovery, PMI survey shows
Aviva re-enters Lloyd’s market with $300 million acquisition
LONDON (Reuters) -British insurer Aviva said on Monday it will re-enter the historic Lloyd’s insurance market with a 242 million..
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Hipgnosis’ songs portfolio valuation falls sharply; extends dividend halt
(Reuters) – The valuation of the songs portfolio owned by Hipgnosis Songs Fund has declined at least by a fifth from five months..
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Swiss National Bank loses $3.6 billion in 2023
ZURICH (Reuters) -The Swiss National Bank posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the central bank..
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Evonik says recovery unlikely in 2024, plans 2,000 job cuts
(Reuters) – German chemicals group Evonik Industries said on Monday it expected no signs of a recovery in 2024 and announced up ..
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Marketmind: Looming event risk can’t stop Nikkei topping 40,000
A look at the day ahead in European and global markets from Wayne Cole. It’s been a largely risk-on start to a week packed with ..
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M&A may breathe new life into Europe’s neglected telecoms
MILAN (Reuters) – A series of potential deals across Europe’s fragmented telecoms industry has put the battered sector in ..
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Analysis – G20 optimism on global outlook gives BOJ impetus for early stimulus exit
By Leika Kihara SAO PAULO (Reuters) – The G20 finance leaders’ upbeat take on the global economic outlook will likely giv..
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Oil rises almost 2% as markets await OPEC+ decision
LONDON (Reuters) -Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply agreements fo..
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German government needs TikTok, Scholz says, as AfD surges in polls
By Andreas Rinke and Sarah Marsh BERLIN (Reuters) – German Chancellor Olaf Scholz said he wants the government to open an accou..
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China approves plan aimed at spurring investment and spending
BEIJING (Reuters) -China’s cabinet on Friday approved a plan aimed at promoting large-scale equipment upgrades and sales of cons..
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Stocks hold at record highs as traders bet on rate cuts
By Naomi Rovnick and Stella Qiu LONDON SYDNEY (Reuters) -Global shares drifted around record highs on Friday after U.S. and euro zone..
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Bpost posts lower 2023 operating profit, does not provide 2024 profit outlook
By Lina Golovnya (Reuters) – Belgian postal operator Bpost, which also distributes newspapers, reported a decline in full-year ..
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Strikes bring public transport to near standstill across Germany
BERLIN (Reuters) – Buses, trams and underground trains stood idle across most of Germany on Friday at the culmination of a week ..
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Rightmove plans to expand non-core businesses; shares fall on customer outlook
By Aby Jose Koilparambil (Reuters) -Property portal Rightmove plans to grow its non-core businesses, such as commercial real estate, ..
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M&A may breathe new life into Europe’s neglected telecoms
By Danilo Masoni MILAN (Reuters) – A series of potential deals across Europe’s fragmented telecoms industry has put the b..
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Acerinox sees steel market improving after 2023 profit more than halves
(Corrects net profit fell 58%, not 68%, in paragraph 2) By Matteo Allievi and Natalia Siniawski (Reuters) -Spanish steelmaker Acerino..
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Equities gain on in-line US inflation, Treasury yields dip
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) -The S&P 500 and Nasdaq closed at record highs and the global equity ind..
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Hewlett Packard Enterprise sees downbeat Q2 revenue on weak networking solutions demand
(Reuters) – Hewlett Packard Enterprise on Thursday forecast second-quarter revenue below Wall Street estimates, as businesses sc..
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Dell forecasts upbeat fiscal 2025 on AI server demand
By Jaspreet Singh (Reuters) -Dell Technologies forecast annual revenue and profit above Wall Street estimates on Thursday, betting on..
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UK’s Rwanda plan for asylum seekers could cost more than 600 million pounds
LONDON (Reuters) – The British government’s controversial plan to send asylum seekers to Rwanda might end up costing more ..
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Bitcoin barrels to best month since 2020, Wall Street points higher after PCE
LONDON (Reuters) – World stocks were near record highs on Thursday amid a monthly round of European and U.S. inflation data, whi..
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AirAsia operator Capital A records loss in Q4 as higher costs weigh
By Rishav Chatterjee (Reuters) -The parent company of Malaysian budget airline AirAsia, Capital A, on Thursday, reported a loss for t..
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German inflation eases to 2.7% in February, as expected
By Miranda Murray BERLIN (Reuters) -Cheaper energy prices pushed German inflation down to 2.7% in February, according to data on Thur..
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Euro zone inflation dips but stubborn core prices may worry ECB
FRANKFURT (Reuters) -Euro zone inflation dipped further this month, strengthening the case for the European Central Bank to start eas..
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Grifols’ shares tumble as restructuring costs hit annual profit
By Joan Faus BARCELONA (Reuters) -Shares of Grifols dropped almost 10% on Thursday after the drugmaker reported a 72% plunge in 2023 ..
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CMA CGM caps logistics push with $5 billion Bollore deal
By Gus Trompiz PARIS (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-e..
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Analysis-Bayer investors weigh need for cash call amid stifling debt
By Ludwig Burger and Emma-Victoria Farr FRANKFURT (Reuters) – Bayer may have to ask shareholders for fresh capital to shore up ..
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South Korea’s Yoon, Meta’s Zuckerberg discuss AI, digital ecosystems
SEOUL (Reuters) -South Korean President Yoon Suk Yeol met Meta’s CEO Mark Zuckerberg on Thursday for talks to explore ways to in..
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Semiconductor parts maker Aixtron sees further sales growth after Q4 beat
(Reuters) – German chipmaking tools manufacturer Aixtron on Thursday forecast further revenue growth for 2024, driven by growing..
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Covestro cancels dividend after lower earnings in challenging 2023
(Reuters) -German chemicals maker Covestro on Thursday said it decided not to pay dividends for 2023 after its annual core earnings d..
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Consumer health giant Haleon sees higher revenue in 2024
(Reuters) – Sensodyne toothpaste-maker Haleon said on Thursday it expected higher revenue in 2024, thanks to firm demand for it..
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France backs global minimum tax on billionaires at G20
PARIS (Reuters) – France wants a new push for a global minimum tax on the super-rich, building on the success of a 15% minimum ..
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Oil settles lower as Fed takes stock before cutting rates
By Georgina McCartney HOUSTON (Reuters) -Oil prices settled lower on Wednesday after the Federal Reserve held firm on its decision to..
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Stocks slip, dollar rises ahead of US inflation data
By Sinéad Carew NEW YORK (Reuters) -A global equities index fell slightly on Wednesday while Treasury yields edged down and the dol..
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Russia diamond producer Alrosa’s annual net profit drops 15.2%
MOSCOW (Reuters) -Russia’s sanctions-hit diamond producer Alrosa on Wednesday reported 2023 net profit of 85.18 billion roubles ..
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Record year for wind farms raises hope for EU green energy goals
By Kate Abnett BRUSSELS (Reuters) – A record year for building new wind farms and a rebound in investments in the sector have r..
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