Meta’s new AI assistant trained on public Facebook and Instagram posts
By Katie Paul MENLO PARK, California (Reuters) -Meta Platforms used public Facebook and Instagram posts to train parts of its new Met..
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UK business confidence slips in September: Lloyds Bank
LONDON (Reuters) – British business confidence declined in September as optimism about the economic outlook faded, a survey sho..
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Exclusive-Travelex owners considering sale of company –sources
By Amy-Jo Crowley and Pablo Mayo Cerqueiro LONDON (Reuters) – Travelex’s owners are exploring a sale of the British curre..
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Oil jumps 3% as steep US crude stocks draw adds to supply concerns
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices surged 3% on Wednesday, after U.S. crude stocks fell more than expected, adding to..
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Sizes of European government debt trades halve in 2023-ICMA
By Yoruk Bahceli (Reuters) – Investors are having to put on much smaller trades more frequently in Europe’s government bo..
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Meta’s new Quest headset to start shipping on Oct 10 -Zuckerberg
MENLO PARK, California (Reuters) -Meta Platforms’ newest Quest mixed-reality headset will start shipping on Oct. 10, Chief Execu..
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Bank of England delays final Basel bank capital rules to July 2025
LONDON (Reuters) – The Bank of England on Wednesday said it would delay by six months to July 2025 its roll out of the final le..
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Germany halts e-cars solar subsidy programme amid high demand
BERLIN (Reuters) – Germany’s state-owned KfW bank on Wednesday said it had halted a new subsidy programme for charging ele..
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UK’s Hiscox to sell Singapore and Thailand insurance business
(Reuters) – British insurer Hiscox said on Wednesday it has agreed to sell DirectAsia, its motor insurance business in Singapor..
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Germany bans neo-Nazi group, raids members’ homes
BERLIN (Reuters) – German authorities raided dozens of locations nationwide on Wednesday after interior minister Nancy Faeser b..
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Dollar scales 10-month top as rate jitters persist
SINGAPORE (Reuters) – The dollar rose to a 10-month high against its major peers on Wednesday, toppling the euro and sterling to..
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Merchants want lower fees, need Amazon’s ads as US FTC files suit
By Arriana McLymore RALEIGH, North Carolina (Reuters) – Merchants who sell on Amazon.com want the online retailer to cut back o..
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Bank of England to leave rates on hold through mid-2024, cut in Q3: Reuters poll
By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England has concluded its tightening cycle and will likely keep the Ban..
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French shoppers buy fewer tampons, less detergent as prices surge
LONDON (Reuters) – French consumers are buying fewer personal hygiene and household products, sacrificing tampons and laundry de..
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Shutdown showdown in US Congress: Time running short to fund government
By David Morgan and Andy Sullivan WASHINGTON (Reuters) – The U.S. House and Senate on Tuesday plan to take sharply divergent pa..
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Three-quarters of firms globally are not ready for new ESG rules, KPMG finds
LONDON (Reuters) – Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) ..
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Equities fall as U.S. Treasury yields, dollar stay elevated
By Sinéad Carew NEW YORK (Reuters) – Equities around the world were lower on Tuesday in a choppy trading session as Treasury ..
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UK home secretary warns uncontrolled migration poses ‘existential challenge’
By Andrew MacAskill LONDON (Reuters) -Britain’s Home Secretary Suella Braverman warned on Tuesday uncontrolled migration poses ..
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French retailers E-Leclerc and Carrefour say they will sell fuel at cost
By Blandine Henault and Forrest Crellin PARIS (Reuters) -France’s two largest food retailers, E-Leclerc and Carrefour, said on ..
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Exclusive-Cinven bought Eurovita bonds from GIC, others to help liquidation-source
MILAN (Reuters) – Private equity firm Cinven has agreed to buy back 160 million euros ($170 million) of debt sold by its insurer..
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What is forex trading and how does it work?
Forex trading, often referred to as the foreign exchange market, is a global financial marketplace where currencies are bought and so..
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Oil falls ahead of Fed rate policy announcement
TOKYO (Reuters) – Oil prices retreated further from 10-month highs on Wednesday ahead of the U.S. Federal Reserve’s intere..
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King Charles heads to France for three-day state visit
PARIS (Reuters) – King Charles will arrive in France on Wednesday for a three-day state visit, during which he and President Emm..
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UK PM Sunak to announce more ‘proportionate’ climate response
LONDON (Reuters) -British Prime Minister Rishi Sunak will give a speech this week in which he is expected to delay some of the governm..
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Musk’s Neuralink to start human trial of brain implant for paralysis patients
(Reuters) -Billionaire entrepreneur Elon Musk’s brain-chip startup Neuralink said on Tuesday it has received approval from an i..
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The similarities between options and CFDs
In the diverse world of financial instruments, Options and Contracts for Difference (CFDs) stand out as popular choices for investors..
Finance
Novo Nordisk contracts South Africa’s Aspen to produce insulin for African nations
By Maggie Fick LONDON (Reuters) – Novo Nordisk has contracted Aspen Pharmacare to produce human insulin on its behalf in South ..
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B&Q owner Kingfisher cuts profit forecast as Poland, France drag
LONDON (Reuters) -European home improvement retailer Kingfisher downgraded its annual profit forecast by 7% on Tuesday, after a drop i..
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UK’s Hargreaves Lansdown bets on increased savings to sustain growth
By Khushi Mandowara (Reuters) -Hargreaves Lansdown is betting on savers to fuel growth despite subdued investment and trading activit..
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Tour operator TUI confirms full-year outlook on back of strong bookings
By Joanna Plucinska LONDON (Reuters) -Tour group TUI on Tuesday confirmed its full-year outlook for the 2023 financial year, citing s..
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Sabato De Sarno to hit Milan catwalk on Friday with high stakes Gucci debut
MILAN/PARIS (Reuters) – Gucci creative director Sabato De Sarno takes to the runway in Milan on Friday, in a high-stakes designe..
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Societe Generale vision falls flat as Europe’s banks falter
LONDON/DUBLIN (Reuters) -Societe Generale’s much-hyped new strategy plans were given a thumbs down by investors on Monday, under..
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Santander creates two new global businesses for retail, consumer areas
MADRID (Reuters) -Spain’s Santander is consolidating its retail, commercial and consumer activities across all markets under two..
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Italy relies on GDP revisions to limit 2023 deficit rise -sources
By Giuseppe Fonte and Gavin Jones ROME (Reuters) – Italy hopes upcoming revisions to GDP growth data for 2020-22 will limit wha..
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ECB to tackle excess liquidity in next stage of inflation fight -sources
FRANKFURT (Reuters) -European Central Bank policymakers want to soon start discussing how to tackle the multi-trillion-euro pool of ex..
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King Charles and France’s Macron hope to build on personal bond post-Brexit
By Michel Rose, Elizabeth Pineau and Michael Holden PARIS (Reuters) -After flames engulfed France’s Notre-Dame cathedral in 201..
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EU reticent to postpone Brexit tariffs on EVs, says UK auto body
LONDON (Reuters) – The European Union is reticent about agreeing to Britain’s plea to postpone looming tariffs on the sale..
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