UK’s Greggs shows resilience with quarterly sales rise
LONDON (Reuters) -British baker and fast food chain Greggs kept its full-year outlook as underlying sales rose in the third quarter a..
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Rouble recovers slightly after slide past 100 vs dollar
(Reuters) -The Russian rouble weakened past the symbolic threshold of 100 to the dollar before recovering slightly in early trade on ..
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UK shop price inflation at lowest in a year – BRC
LONDON (Reuters) – Prices in British store chains rose at the slowest pace in a year in September, according to industry data t..
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Visa launches $100 million venture fund for generative AI startups
(Reuters) – Payments processor Visa on Monday launched a $100 million venture fund for generative artificial intelligence (AI) ..
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Italy’s Enel sells 50% of its Australia green business to INPEX
MILAN (Reuters) – Italy’s Enel said on Friday it has finalised the sale of 50% of the two entities owning the group’..
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Cellnex sells stake in units in Sweden, Denmark for $772 million to Stonepeak
MADRID (Reuters), it – Spanish mobile phone tower operator Cellnex said on Friday it sold a 49% stake in its Swedish and Danish..
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Nobel Peace Prize could honour Indigenous, women or green activists
By Gwladys Fouche and Ilze Filks OSLO/STOCKHOLM (Reuters) – Ukrainian President Volodymyr Zelenskiy and Russian dissident Alexe..
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Heavy winter sweaters, coats pile up at stores as warm weather threatens holiday shopping season
By Ananya Mariam Rajesh (Reuters) – Unseasonably warm autumn weather from the United States to Europe is denting sales of heavy..
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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
By Katie Paul and Anna Tong MENLO PARK, California (Reuters) -Meta Platforms’ newest Quest mixed-reality headset will start ship..
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Shopify invests in wholesale platform Faire
LONDON (Reuters) – E-commerce giant Shopify is investing in wholesale platform Faire, the companies said on Wednesday, in a glo..
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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 el..
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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 Singapore..
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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
By Rae Wee SINGAPORE (Reuters) – The dollar rose to a 10-month high against its major peers on Wednesday, toppling the euro and..
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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 Bank..
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French shoppers buy fewer tampons, less detergent as prices surge
By Richa Naidu and Helen Reid LONDON (Reuters) – French consumers are buying fewer personal hygiene and household products, sac..
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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 pat..
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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 y..
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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
By Valentina Za and Emilio Parodi MILAN (Reuters) – Private equity firm Cinven has agreed to buy back 160 million euros ($170 m..
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Novartis confirms Sandoz spin-off for October 4, 2023
ZURICH (Reuters) – Novartis on Monday confirmed its plans for a 100% spin-off of the Sandoz business on Oct. 4 after shareholde..
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Lego abandons effort to make oil-free bricks – FT
(Reuters) – Danish Toymaker Lego has abandoned its effort to ditch oil-based plastics from its bricks after finding that its ne..
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Macron wants fuel industry to sell at cost price
PARIS (Reuters) – French President Emmanuel Macron said on Sunday the government would ask the fuel industry to sell at cost pr..
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Safran CEO sees supply chain pressure through 2024
PARIS (Reuters) -Global aerospace supply chains will remain under pressure throughout 2024, Safran CEO Olivier Andries said on Friday...
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UK’s Mothercare says it expects to complete refinancing shortly
(Reuters) -Mothercare expects to complete a refinancing shortly and will remain in discussions with stakeholders and financing partne..
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France’s Eramet and Suez pick Dunkirk for EV battery recycling
PARIS (Reuters) – Eramet and Suez have chosen Dunkirk as the location for a planned electric vehicle (EV) battery recycling fac..
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Analysis-A year after budget crisis, UK debt faces fresh pensions headwind
By Yoruk Bahceli and Carolyn Cohn LONDON (Reuters) – Britain’s pensions industry, Europe’s biggest, is posing a new..
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Warner Bros to expand British studios’ production capacity by over 50%
By David Lawder (Reuters) -Warner Bros Discovery on Thursday said it planned to expand production capacity at its Leavesden studios n..
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Irish consumer sentiment drops to six-month low, survey shows
DUBLIN (Reuters) – Irish consumer sentiment slumped to a six-month low in September, a survey showed on Friday, pointing to an ..
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