Strikes hobble German railways, airports as disputes mount
COLOGNE, Germany (Reuters) – Germany faced strikes on several fronts on Thursday, as train drivers and airport workers walked of..
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ECB lays ground for June rate cut as inflation falls
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank kept borrowing costs at record highs on Thurs..
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Bitcoin rises to record high
New York (Reuters) – Bitcoin hit a record high on Tuesday, fueled by investors pouring money into U.S. spot exchange-traded cryp..
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Dollar slips vs euro as data weighs; bitcoin hits new high
NEW YORK (Reuters) -The dollar slipped against the euro on Tuesday after data showed U.S. services industry growth eased and as invest..
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Exclusive-UN-backed bank group seeks to avoid departures with new climate guidelines
LONDON/NEW YORK (Reuters) – A United Nations-backed alliance of banks is proposing its members disclose more information on thei..
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US stocks pull back as bitcoin, gold score record highs
By Stephen Culp NEW YORK (Reuters) -Equity investors in the United States and Europe showed caution on Tuesday while bitcoin and go..
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Cryptoverse: Asian traders give bitcoin blast-off
SEOUL/MUMBAI (Reuters) – Bitcoin’s runaway rally is being driven by investors in Asia. Traders in South Korea, China and o..
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Euro zone business activity moves closer to recovery, PMI survey shows
LONDON (Reuters) – Business activity in the euro zone showed signs of recovery last month as the bloc’s dominant services..
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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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German perfume retailer Douglas plans $1.2 billion IPO by March end
FRANKFURT(Reuters) – German perfume retailer Douglas said on Monday it will pursue a 1.1 billion euro (about $1.2 billion) init..
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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
LONDON SYDNEY (Reuters) -Global shares drifted around record highs on Friday after U.S. and euro zone inflation data and weak global f..
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Bpost posts lower 2023 operating profit, does not provide 2024 profit outlook
(Reuters) – Belgian postal operator Bpost, which also distributes newspapers, reported a decline in full-year operating profit o..
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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
(Reuters) -Property portal Rightmove plans to grow its non-core businesses, such as commercial real estate, as the group forecast a dr..
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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 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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