South Korea’s Yoon, Meta’s Zuckerberg discuss AI, digital ecosystems
By Hyonhee Shin and Joyce Lee SEOUL (Reuters) -South Korean President Yoon Suk Yeol met Meta’s CEO Mark Zuckerberg on Thursday ..
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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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Top five AI-enabled automation trends to watch in 2024
Paul Milloy, Business Consultant at Intradiem explores the top AI-enabled automation trends businesses should be aware o..
Technology
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
By Kate Abnett BRUSSELS (Reuters) – A record year for building new wind farms and a rebound in investments in the sector have r..
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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
By Juveria Tabassum (Reuters) -Beyond Meat said it would ramp up product prices and “steeply reduce” costs this year afte..
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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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Norwegian Cruise forecasts upbeat first-quarter profit on robust demand
(Reuters) – Norwegian Cruise Line Holdings forecast a first-quarter profit on Tuesday betting on higher ticket prices and stead..
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Puma aims to boost its brand in ‘challenging’ market
By Alexander Hübner and Helen Reid (Reuters) – Puma expects a weak first half of the year in a challenging market, the German s..
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London stocks gain on miners, earnings boost
(Reuters) – UK shares edged up in early trade on Tuesday boosted by the gains in mining stocks and some upbeat earnings updates..
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German consumer sentiment stabilizes at low level in March, finds GfK
BERLIN (Reuters) – German consumer sentiment is expected to stabilize at a low level in March as households are confronted with..
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Dental implants maker Straumann sees steady sales growth in 2024
(Reuters) – Swiss dental implant maker Straumann on Tuesday forecast 2024 sales growth at a similar level to last year’s,..
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European private credit rebounds to levels last seen in mid-2022, says Deloitte
By Naomi Rovnick LONDON (Reuters) – European private lending activity has rebounded to levels last seen in mid-2022, new data f..
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Analysis-Euro zone bond markets mimic Treasuries, pushing correlations to record
By Harry Robertson LONDON (Reuters) – Euro zone bonds are trading more in sync with their U.S. peers than ever before, as inves..
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The top digital marketing trends that will shape the travel sector in 2024
By Michael Ryan, CEO and Director, Ink Digital Michael Ryan With the market size of travel agencies in the UK alone worth..
Business
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
By David Stanway SINGAPORE (Reuters) -A European Union plan to impose tariffs on high-carbon imports could hurt developing countries ..
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Facing Chinese EV rivals, Europe’s automakers squeeze suppliers on costs
By Nick Carey LONDON (Reuters) -Europe’s automakers and their already-stretched suppliers face a tough year as they race to cut..
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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 ..
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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 ..
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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..
News
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 Swis..
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Stocks bask in tech mania, Nvidia boom
By Stella Qiu SYDNEY (Reuters) -Global stock markets are on course on Friday for a week of heady gains as AI darling Nvidia’s s..
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StanChart lowers income target, launches $1 billion share buyback as profit jumps 18%
By Selena Li and Lawrence White HONG KONG/LONDON (Reuters) -Standard Chartered PLC on Friday rewarded shareholders with dividends and..
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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 ..
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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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ECB reports record loss for 2023 as rate hikes bite
FRANKFURT (Reuters) – The European Central Bank on Thursday reported a record annual loss for 2023 and said further losses were..
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China’s Xpeng signs partnership with UAE’s Ali&Sons, eyes Italian market
BEIJING (Reuters) – China’s Xpeng on Thursday said it has established a strategic partnership with UAE-based Ali&Sons..
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