US dollar surges vs yen to highest since mid-1990 after hotter-than-expected inflation data By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose across the board on Wednesday, soaring against the …
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EU extends trade guide on Chinese distortions to new sectors By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission has updated its report on state-led distortions in the Chinese economy, …
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UK’s Tesco forecasts profit rise as consumer sentiment improves By James Davey LONDON (Reuters) -Britain’s biggest retailer Tesco forecast a further rise in profit on Wednesday, citing early signs of …
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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 layoffs or …
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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 initiatives and divestment …
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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 …
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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 …
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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 Wednesday, hit by one-off expenses …
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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 By Tom Westbrook and Samuel Indyk LONDON (Reuters) -Global shares were mixed on Tuesday ahead of this week’s U.S. inflation data …
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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 …
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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 …