British shoppers defy cost-of-living crisis at Christmas
By James Davey and Sarah Young LONDON (Reuters) -Britons spent more than expected over Christmas, Next, one of the country’s big..
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UK’s Prince Harry declines to commit to attending King Charles’ coronation
LONDON (Reuters) – Prince Harry declined to commit to going to the coronation of his father King Charles, according to a clip fr..
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Britain’s Next sees lower profit in 2023 as consumer outlook darkens
By James Davey LONDON (Reuters) – Britisah clothing retailer Next forecast lower profit in its 2023-24 year, reflecting uncertai..
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Walmart paid most of $1 billion tax for PhonePe shifting base to India
By Nandan Mandayam BENGALURU (Reuters) – Walmart Inc late on Wednesday confirmed that it had already paid the Indian government ..
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With big bets on Musk, these funds may have a Tesla problem in ’23
By David Randall NEW YORK (Reuters) – Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund managers t..
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UK’s December shopper numbers defy inflation and rail strikes hit
LONDON (Reuters) – Shopper numbers across Britain in December rose 5.8% from November and were up 9.9% compared to 2021 despite ..
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GE HealthCare rises 8% in market debut, eyes small deals
By Leroy Leo and Kannaki Deka (Reuters) -GE HealthCare Technologies Inc’s shares rose as much as 8.4% in their Nasdaq debut on W..
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Emirati FM meets Syria’s Assad in Damascus in further sign of thawing ties
BEIRUT (Reuters) – Syrian President Bashar al-Assad received the United Arab Emirates foreign minister in Damascus on Wednesday ..
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Stellantis to build U.S. firm Archer’s air taxi, up stake
By Gilles Guillaume PARIS (Reuters) -Carmaker Stellantis will help build Archer Aviation’s electric aircraft and increase its st..
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Stocks, bonds extend rally on hopes rate hikes ease
By Lawrence White LONDON/NEW YORK (Reuters) – Shares rose and bonds rallied worldwide on Wednesday as investors tiptoed into the..
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Deutsche Bank’s rollercoaster ride towards more stability
(This Dec. 16 story has been refiled to correct currency unit to cents in paragraph 33) By Tom Sims and Marta Orosz FRANKFURT (Reuters..
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Dollar jumps, U.S. stocks buck global rally
By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar jumped on Tuesday as oil prices sank, while U.S. stocks bucked..
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Inflation drives Britain’s record Christmas grocery sales
By James Davey LONDON (Reuters) – British grocery sales rose 9.4% to a record 12.8 billion pounds ($15.3 billion) in the four we..
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Decline in German services sector eases, raising hopes for milder recession -PMI
BERLIN (Reuters) – High inflation and economic uncertainty extended a downturn in the German services sector in December, though..
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Former astronaut Cunningham, member of first crewed Apollo flight, dies at age 90
By Katharine Jackson and Steve Gorman WASHINGTON (Reuters) -Former U.S. astronaut Walter Cunningham, who flew to space aboard Apollo 7..
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Britain says it is committed to leading a NATO task force in 2024
(Reuters) -Britain said on Tuesday it was committed to leading a NATO task force in 2024, dismissing a report by Berlin-based Table.Me..
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Rivian stock less bruised than Tesla as both miss EV targets
By Paul Lienert and Akash Sriram (Reuters) – Electric vehicle maker Rivian Automotive barely missed its full-year production tar..
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PM Rishi Sunak sets out priorities for Britain, responds to critics
By Elizabeth Piper LONDON (Reuters) – British Prime Minister Rishi Sunak will set out his priorities for 2023 on Wednesday, usin..
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Most EU countries back COVID pre-departure testing for flights from China
BRUSSELS (Reuters) -Most European Union countries favour introducing pre-departure COVID testing for travellers from China, the Europe..
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Blackstone offers backstop to lure University of California in redemption-stricken REIT
By Chibuike Oguh (Reuters) -Blackstone Inc on Tuesday said it had secured a $4 billion investment from the University of California in..
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Microsoft videogame testers form company’s first U.S. union
By Daniel Wiessner (Reuters) -A group of about 300 videogame testers at Microsoft Corp subsidiary Zenimax Studios have voted to unioni..
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French watchdog fines H2O Asset Management, executives over Tennor investments
(Reuters) – France’s financial markets watchdog AMF said on Tuesday it had fined H2O Asset Management and two of its manag..
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French energy suppliers will let struggling bakers renegotiate contracts – Le Maire
By Dominique Vidalon PARIS (Reuters) -France’s energy suppliers have agreed to allow the country’s trademark bakeries to r..
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Dollar jumps, euro dips before Fed minutes
By Karen Brettell NEW YORK (Reuters) – The greenback jumped on Tuesday before the Federal Reserve on Wednesday releases minutes ..
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Dollar creeps up in subdued start to new year
By Dhara Ranasinghe LONDON (Reuters) -The dollar edged up on Monday, pulling away from recent six-month lows against a basket of major..
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Italy’s Eni sets up sustainable transport services company
MILAN (Reuters) – Italian energy group Eni said on Monday it had set up a new company dedicated to sustainable transport, which ..
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Rheinmetall wins quarter-billion euro order for e-vehicle parts
(Reuters) – Germany’s Rheinmetall has won an order worth more than a quarter billion euros in the electromobility segment,..
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Stocks buoyant while darker forecasts gather on the horizon
By Nell Mackenzie (Reuters) – Stock markets edged higher, European bond yields dropped and the dollar remained firm in light tra..
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Polish regulator accuses T-Mobile of misleading advertising
WARSAW (Reuters) – Polish regulator UOKiK has accused the Polish unit of T-Mobile of misleading advertising relating to a free m..
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Spanish manufacturing output down for 6th straight month in Dec -PMI
MADRID (Reuters) – Factory activity in Spain shrank for the sixth month in a row in December, albeit at a slower pace than the p..
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Airbus interested in minority share in Atos’s Evidian – Les Echos
PARIS (Reuters) – Airbus has started exploratory talks to take a minority share in the Evidian cybersecurity unit of IT consulta..
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Japan’s emperor gives first public New Year’s greeting since 2020
TOKYO (Reuters) – Japan’s Emperor Naruhito on Monday gave a New Year’s address and greeted members of the public for..
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UK’s Sunak shelves childcare reform indefinitely – The Telegraph
(Reuters) – British Prime Minister Rishi Sunak has shelved plans for a major overhaul of the childcare system aimed at saving pa..
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Death of former Pope Benedict overshadows New Year at Vatican
By Philip Pullella VATICAN CITY (Reuters) -Pope Francis marked the Roman Catholic Church’s traditional World Day of Peace on Sun..
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How 2022 shocked, rocked and rolled global markets
By Marc Jones LONDON (Reuters) – Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and com..
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Pandemic curbs linked to early start to Europe’s winter flu season
By Natalie Grover LONDON (Reuters) – Pandemic restrictions that hampered the circulation of viruses other than COVID-19 could be..
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UK house prices end 2022 on a weaker note after pandemic boom
By Muvija M LONDON (Reuters) -British annual house price growth marked a further “sharp” slowdown in December, mortgage le..
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