Harry Potter publisher Bloomsbury’s annual profit rises as readers lap up novels
(Reuters) -Bloomsbury Publishing posted a rise in full-year profit on Wednesday, helping the Harry Potter publisher propose a 10% hik..
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Exclusive-Credit Suisse axes China bank plan to avoid regulatory conflict under UBS-sources
HONG KONG/SHANGHAI (Reuters) -Credit Suisse has scrapped plans to set up a locally incorporated bank in China to sidestep a potential ..
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Private astronaut crew, including first Arab woman in orbit, returns from space station
By Steve Gorman (Reuters) -An all-private astronaut team of two Americans and two Saudis, including the first Arab woman sent into or..
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Top AI CEOs, experts raise ‘risk of extinction’ from AI
STOCKHOLM/LONDON (Reuters) – Top artificial intelligence (AI) executives including OpenAI CEO Sam Altman on Tuesday joined exper..
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Mexico’s FEMSA launches second 3 billion euro sale of Heineken shares
MEXICO CITY (Reuters) – Mexican bottler FEMSA on Tuesday offered 3.3 billion euros ($3.63 billion) worth of its shares in Heinek..
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Nestle hires LSEG’s Anna Manz as CFO
LONDON/BERLIN (Reuters) – Nestle, the world’s biggest packaged food company, said on Tuesday it had hired the London Stock..
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Unilever CFO Pitkethly to leave company by May 2024
By Richa Naidu and Eva Mathews (Reuters) – Unilever Plc said on Tuesday Chief Financial Officer Graeme Pitkethly would leave th..
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UK’s Asda to buy EG petrol stations unit in $2.9-billion deal
LONDON (Reuters) -British supermarket Asda said it would buy the bulk of petrol station operator EG Group’s UK and Ireland busin..
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Toyota, Daimler in deal to combine Japan truck operations
TOKYO (Reuters) -Daimler Truck Holding AG and Toyota Motor Corp said on Tuesday they had entered a non-binding agreement to combine th..
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Switzerland’s Social Democrats propose shrinking UBS – Aargauer Zeitung
ZURICH (Reuters) – Switzerland’s Social Democratic Party has drawn up a proposal to shrink UBS assets after its takeover o..
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PwC Australia clients, staff in focus as tax leak faces government hearings
SYDNEY (Reuters) – Australian senators will use parliamentary hearings this week to demand accounting firm PricewaterhouseCooper..
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UK shop price inflation strikes new record high: BRC
By Andy Bruce LONDON (Reuters) – British shop price inflation picked up this month to reach its highest rate since industry rec..
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Tennis-‘Kosovo is the heart of Serbia’, Djokovic writes at French Open
PARIS (Reuters) – Serbian world number three Novak Djokovic risked stirring up a political controversy at the French Open on Mon..
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Italy’s Industry Ministry reports ‘heavy’ cyberattack
MILAN (Reuters) – The Italian Industry Ministry’s web portal and applications were hit by a “heavy cyberattack̶..
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Engie, Amazon inaugurate Italy’s biggest agrivoltaic farm
MILAN (Reuters) – France’s Engie and Amazon on Friday cut the ribbon of Italy’s biggest agrivoltaic farm with the ai..
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Insurers flee climate alliance after ESG backlash in the U.S
By Tommy Wilkes, Alexander Hübner and Tom Sims LONDON/FRANKFURT (Reuters) -A United Nations-convened climate alliance for insurers su..
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Failed moon landing caused by altitude miscalculation, Japan startup says
TOKYO (Reuters) – Japanese startup ispace inc’s failed Hakuto-R moon landing mission last month was caused by an altitude..
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Dollar set for third week of gains as US debt talks loom large
LONDON (Reuters) – The dollar eased on Friday but stayed on track for a third straight weekly gain, as markets raised bets on hi..
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Analysis-Inflows into unloved European telecoms signal brighter future
By Danilo Masoni and Lucy Raitano MILAN/LONDON (Reuters) – Investors have poured money back into unloved European telecoms stoc..
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France confirms bird flu vaccination after favourable tests
PARIS (Reuters) – France confirmed its aim to launch a vaccination programme against bird flu in the autumn after results from ..
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Soaring airline customer complaints push global legislators to act
LONDON/MONTREAL (Reuters) – Nikoleta Dodova is among a growing number of dissatisfied airline customers. Having bought her mothe..
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Elon Musk’s Neuralink says has FDA approval for study of brain implants in humans
(Reuters) – Elon Musk’s brain-implant company Neuralink on Thursday said the U.S. Food and Drug Administration (FDA) had g..
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Nippon Steel still in talks with Teck as it seeks stake in coal asset
TOKYO (Reuters) -Nippon Steel Corp is still in talks with Teck Resources, despite Glencore’s bid for the Canadian miner, as Japa..
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Equinor shuts output at Statfjord A platform due to leakage
OSLO (Reuters) – Norway’s Equinor said it shut production at the Statfjord A oil and gas platform in the North Sea on Thu..
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Some smaller UK lenders pull mortgage products as markets churn: brokers
LONDON (Reuters) – Some smaller British mortgage lenders temporarily withdrew and repriced products for new customers on Thursda..
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Companies face stricter supply finance disclosures after Greensill collapse
LONDON (Reuters) – Companies will have to disclose details of loans for paying suppliers from January 2024, a global accounting..
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UK retail sales fall in May after April rise, outlook less gloomy: CBI
LONDON (Reuters) – British retail sales declined this month after a modest rise in April but stores expect sales volumes to sta..
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Armani sales up 18% in Q1 as Asia rebounds, U.S. slows down
MILAN (Reuters) – Italy’s Armani said on Thursday that sales jumped 18% in the first quarter thanks to a rebound in Asia ..
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Analysis-Europe hits resistance in race to finalise green laws
By Kate Abnett BRUSSELS (Reuters) – Increased political resistance to new EU laws to protect the environment has left the Europ..
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Oil eases as Russia downplays additional OPEC+ cuts
LONDON (Reuters) -Oil prices fell on Thursday after Russian Deputy Prime Minister Alexander Novak played down the prospect of further ..
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British EV maker Arrival seeks second chance with US EV tax credits
DETROIT/BICESTER, England (Reuters) – British electric van startup Arrival, which has hit many road bumps in its quest to become..
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Ericsson beats US shareholder lawsuit over graft disclosures
(Reuters) – Swedish telecoms company Ericsson beat a lawsuit by U.S. shareholders on Wednesday, when a federal judge ruled it di..
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Dollar gains after Fitch watch heightens debt ceiling jitters
TOKYO (Reuters) – The dollar pushed to a two-month peak against a basket of its peers on Thursday as worries mounted about a dis..
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Enel suspends Colombia wind farm construction after years of protests
BOGOTA (Reuters) – The Colombian unit of Italy’s biggest utility, Enel, indefinitely suspended the construction of a wind..
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UK car output up 9.9% y-o-y in April as supply chain issues ease
(Reuters) – The number of cars made in Britain rose by 9.9% year-over-year in April as easing supply chain snarls helped boost p..
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BoE’s Bailey says ‘big lessons’ to be learned from UK inflation surge
By William Schomberg and Andy Bruce LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday the British central bank..
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Watchdog proposes first set of global rules for crypto sector
By Huw Jones LONDON (Reuters) -International securities watchdog IOSCO unveiled on Tuesday the first global approach to regulating cr..
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