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 s..
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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
By Andrew MacAskill LONDON (Reuters) – The British government’s controversial plan to send asylum seekers to Rwanda might..
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Bitcoin barrels to best month since 2020, Wall Street points higher after PCE
By Marc Jones LONDON (Reuters) – World stocks were near record highs on Thursday amid a monthly round of European and U.S. infl..
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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
German inflation eases to 2.7% in February, as expected By Miranda Murray BERLIN (Reuters) -Cheaper energy prices pushed German inflat..
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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
BARCELONA (Reuters) -Shares of Grifols dropped almost 10% on Thursday after the drugmaker reported a 72% plunge in 2023 profit due to ..
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CMA CGM caps logistics push with $5 billion Bollore deal
PARIS (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ever acquisition,..
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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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Beiersdorf warns of slowing sales growth amid soft demand
By Matthias Inverardi and Linda Pasquini (Reuters) -Nivea maker Beiersdorf on Thursday forecast a slowdown in organic sales growth in..
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South Korea’s Yoon, Meta’s Zuckerberg discuss AI, digital ecosystems
South Korea’s Yoon, Meta’s Zuckerberg discuss AI, digital ecosystems By Hyonhee Shin and Joyce Lee SEOUL (Reuters) -South ..
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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 growin..
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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
BRUSSELS (Reuters) – A record year for building new wind farms and a rebound in investments in the sector have raised hopes that..
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Swisscom in advanced talks to buy Vodafone Italia for $8.7 billion
By Paolo Laudani and Paul Sandle LONDON (Reuters) -Swisscom said on Wednesday it was in exclusive talks to buy all of Vodafone Italia..
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Aena’s 2023 profit soars 81% as airport traffic tops pre-COVID levels
MADRID (Reuters) – Spanish airport operator Aena said on Wednesday its net profit rose 81% in 2023 to a record 1.63 billion eur..
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Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar
Beyond Meat to increase prices, cut costs ‘steeply’ in 2024; shares soar By Juveria Tabassum (Reuters) -Beyond Meat said i..
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Siblings help China’s BYD grab early lead in Thai EV market
By Devjyot Ghoshal and Chayut Setboonsarng BANGKOK (Reuters) – After launching BYD in Thailand as the Chinese electric vehicle ..
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Qatar to invest 10 billion euros in key sectors of French economy -Elysee
PARIS (Reuters) – France and Qatar have sealed a strategic partnership under which Qatar has agreed to channel 10 billion euros..
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Malaysia’s Capital A aims to raise $400 million equity from AirAsia merger
By Danial Azhar KUALA LUMPUR (Reuters) – The parent company of Malaysian budget airline AirAsia, Capital A Berhad <CAPI.KL&g..
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Renault unveils new R5 as it taps past success for electric future
By Gilles Guillaume GENEVA (Reuters) – Renault unveiled its highly anticipated new electric R5 on Monday at the Geneva Motor Sh..
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EU carbon border tax will do little to cut emissions, ADB study says
SINGAPORE (Reuters) -A European Union plan to impose tariffs on high-carbon imports could hurt developing countries in Asia but is unl..
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Facing Chinese EV rivals, Europe’s automakers squeeze suppliers on costs
LONDON (Reuters) -Europe’s automakers and their already-stretched suppliers face a tough year as they race to cut costs for elec..
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Marketmind: Markets brace for inflation trifecta
A look at the day ahead in European and global markets from Wayne Cole It’s all about inflation this week with markets pricing i..
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UK job vacancies fall 15% year-on-year in January, Adzuna data shows
LONDON (Reuters) – British employers advertised the fewest jobs in nearly three years last month, with numbers down 15% from a y..
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Infineon bets on AI boom to spur more lucrative chip sales
FRANKFURT (Reuters) – Germany’s Infineon is banking on a boom in artificial intelligence (AI) to generate billions in rev..
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ABB picks electrification chief Wierod as CEO
ZURICH (Reuters) -ABB appointed Morten Wierod as chief executive on Friday, replacing Bjorn Rosengren who led an overhaul of the Swiss..
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Stocks bask in tech mania, Nvidia boom
SYDNEY (Reuters) -Global stock markets are on course on Friday for a week of heady gains as AI darling Nvidia’s stunning results..
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StanChart lowers income target, launches $1 billion share buyback as profit jumps 18%
HONG KONG/LONDON (Reuters) -Standard Chartered PLC on Friday rewarded shareholders with dividends and a fresh $1 billion buyback as pr..
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Allianz nearly doubles Q4 net profit, helped by health and life business
FRANKFURT (Reuters) -Germany’s Allianz nearly doubled its fourth-quarter net profit from a year earlier, a figure that came in j..
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BASF dials up cost cuts in Germany, flags earnings rebound
By Ludwig Burger FRANKFURT (Reuters) -Germany’s BASF will slash another 1 billion euros ($1.1 billion) in annual costs at its L..
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