Exclusive-Olympics-Paris has a lot to gain from hosting the Games, says mayor
By Julien Pretot and Elizabeth Pineau PARIS (Reuters) – The 2024 Olympics have allowed Paris and its region to speed up plans t..
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Europe one step away from landmark AI rules after lawmakers’ vote
By Foo Yun Chee STRASBOURG (Reuters) -Europe moved closer to adopting the world’s first artificial intelligence rules on Wednes..
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Adidas posts first loss in 30 years but sticks to dividend
By Helen Reid HERZOGENAURACH, Germany (Reuters) – German sportswear giant Adidas posted its first loss in more than 30 years in..
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UK economy may be turning from headwind into tailwind for sterling
By Harry Robertson LONDON (Reuters) – UK wage data did its best to pull sterling down from a seven-month peak on Tuesday but th..
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Global corporate dividends hit record $1.66 trillion in 2023
By Lucy Raitano LONDON (Reuters) – Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record pay..
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Mango adapts as climate change makes fashion less seasonal
By Corina Pons MADRID (Reuters) – Spanish retailer Mango is honing in on adaptable clothing to help customers adjust to wild sw..
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Arm’s shares rise as Wall Street eyes IPO lock-up expiration
By Chibuike Oguh NEW YORK (Reuters) -Shares of Arm Holdings, the British chip designer backed by Softbank Group, gained 2.1% to $129...
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Inverted yield curve no longer reliable recession flag, strategists say: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – A key indicator of an oncoming recession implied by the U.S. bond market is no longer ..
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Explainer-What the EU’s $149 billion boost means for Poland
By Karol Badohal and Jan Strupczewski WARSAW/BRUSSELS (Reuters) – Polish Prime Minister Donald Tusk has secured the release of ..
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Leonardo to boost cybersecurity, space and AI in 5-year plan
By Giulia Segreti ROME (Reuters) -Italy’s Leonardo will invest in digitalisation, artificial intelligence and interconnected pl..
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UK electric vehicle delivery company Packfleet raises $10 million in funding
By Nick Carey LONDON (Reuters) – UK package delivery startup Packfleet, which runs an all-electric fleet of vans in London, has..
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Column-Black Sea grain exports beating early market ideas by substantial degree -Braun
By Karen Braun NAPERVILLE, Illinois (Reuters) – Ukraine, particularly in the last few months, has been exporting much more grai..
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Stocks decline from record highs with US inflation data eyed
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was lower for a second straight session on Monday, retreating furth..
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Vinyl revival rocks Britain’s inflation basket
By David Milliken LONDON (Reuters) – Vinyl records will re-enter Britain’s inflation charts for the first time in 32 year..
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Reddit targets up to $6.4 billion valuation in much-awaited US IPO
By Niket Nishant, Manya Saini and Echo Wang (Reuters) -Reddit is aiming for a valuation of up to $6.4 billion in its U.S. initial pub..
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Analysis-AI talent war heats up in Europe
By Martin Coulter LONDON (Reuters) – An influx of artificial intelligence (AI) startups is heating up the battle for technical ..
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Gold marches higher as US jobs data boosts bets of early rate cut
By Anjana Anil (Reuters) – Gold prices surged to a fresh record high on Friday as data showing a rise in the U.S. unemployment ..
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Bitcoin rises after rapid climb to new record
By Amanda Cooper and Rae Wee LONDON/SINGAPORE (Reuters) -Bitcoin rallied again on Wednesday in volatile trade, while ether jumped alm..
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Explainer-Olympics-How France plans to use AI to keep Paris 2024 safe
By Juliette Jabkhiro and Julien Pretot PARIS (Reuters) – France tested Artificial Intelligence-driven video surveillance techno..
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Stocks at record highs as US data leaves June Fed cut bet intact
By Alden Bentley and Huw Jones NEW YORK/LONDON (Reuters) -Investors stretched record-breaking stock rallies on Friday and favored U.S..
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In new disclosure, LinkedIn says premium subscriptions bring in $1.7 billion
By Stephen Nellis (Reuters) -LinkedIn on Thursday for the first time disclosed sales for its premium subscription business, saying th..
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Strikes hobble German railways, airports as disputes mount
By Andi Kranz and Stephane Nitschke COLOGNE, Germany (Reuters) – Germany faced strikes on several fronts on Thursday, as train ..
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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 c..
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Dollar slips vs euro as data weighs; bitcoin hits new high
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against the euro on Tuesday after data showed U.S. services industry grow..
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Exclusive-UN-backed bank group seeks to avoid departures with new climate guidelines
By Simon Jessop, Isla Binnie and Tommy Wilkes LONDON/NEW YORK (Reuters) – A United Nations-backed alliance of banks is proposin..
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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
By Jihoon Lee and Jaspreet Kalra SEOUL/MUMBAI (Reuters) – Bitcoin’s runaway rally is being driven by investors in Asia. T..
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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 millio..
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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 month..
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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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Swiss National Bank loses $3.6 billion in 2023
ZURICH (Reuters) -The Swiss National Bank posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the central ban..
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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
By Danilo Masoni MILAN (Reuters) – A series of potential deals across Europe’s fragmented telecoms industry has put the b..
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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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