Russia swelters in heat wave, Moscow breaks 1917 record for early July
MOSCOW (Reuters) – Russians were braving some of the hottest weather seen in more than a century on Thursday with Moscow breaki..
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UK’s Barclays to sell German consumer finance business
(Reuters) -Barclays is selling its German consumer finance business to Austrian bank BAWAG Group AG for a small premium to net assets..
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Ericsson to book $1.1 billion impairment on weaker outlook for Vonage
(Reuters) -Mobile telecoms equipment maker Ericsson said on Wednesday it will record a noncash impairment charge of 11.4 billion Swed..
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Dollar on defensive after soft data, battered yen under watch
TOKYO (Reuters) – The dollar was on the back foot on Thursday after U.S. economic data continued to point to slowing growth, off..
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World stocks rise on rate cut bets, yen flounders at 38-year lows
By Alun John and Dhara Ranasinghe LONDON (Reuters) -Shares around the world rose on Wednesday as comments from Federal Reserve Chair J..
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Sterling set for fifth daily rise ahead of UK election
LONDON (Reuters) – The pound rose on Wednesday, taking advantage of a softening in the dollar and a reading of business activit..
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Development banks get ratings boost on climate clauses and hybrid bonds
By Marc Jones LONDON (Reuters) – The World Bank and other top development banks got a double boost on Tuesday as Fitch said deb..
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Spain to crack down on holiday rentals to address housing crisis
MADRID (Reuters) – Spain’s government on Wednesday announced a crackdown on short-term and seasonal holiday lettings amid ..
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Oil rises on US crude inventory draw, Mideast tensions
By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices rose on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude..
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UK’s Vodafone and Virgin Media agree new network sharing deal
LONDON (Reuters) – Britain’s Vodafone and Virgin Media O2 agreed a new network sharing agreement to extend their existing..
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Rivian says no plans to produce vehicles with VW after media report on early talks
SAN FRANCISCO (Reuters) -Rivian on Tuesday said it had no plans to produce vehicles with Volkswagen after a media report said the U.S...
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Spain’s Iberdrola calls for greenwashing rules
By Pietro Lombardi MADRID (Reuters) – Clear rules defining green energy are necessary to tackle misleading or exaggerated clima..
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Shares flat, US Treasury yields weaken as markets weigh Fed chair comments
NEW YORK (Reuters) -Global stocks were flat while U.S. Treasury yields dipped on Tuesday as markets weighed data showing a continuing ..
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Factbox-Battles over CEO pay across the globe
(Reuters) -A majority of Salesforce shareholders voted against a compensation plan for CEO Marc Benioff and other top executives, acco..
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UK’s Sainsbury’s sales up 3%, poor weather dents non-food demand
By James Davey LONDON (Reuters) -Sainsbury’s, Britain’s second-largest supermarket group, reported a 3% rise in first-quar..
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Sterling dented by one-two punch from dollar and euro
LONDON (Reuters) – The pound neared its lowest in almost two months against a robust dollar on Tuesday, as the U.S. currency go..
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US Treasury yields boost dollar, Powell speech in focus
By Amanda Cooper and Stefano Rebaudo (Reuters) -Rising U.S. yields supported the dollar on Tuesday, with low-yielding currencies such ..
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Shell to pause Dutch biofuels project as market sags
By Ron Bousso LONDON (Reuters) -Shell will pause construction work at one of Europe’s largest biofuel plants due to weak market..
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Qatar Airways posts 39% jump in annual profit to record $1.67 billion
DUBAI (Reuters) – Qatar Airways posted a 39% jump in annual net profit to a record 6.1 billion Qatari riyals ($1.67 billion) on..
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German industry turns to solar in race to cut energy costs
By Riham Alkousaa BERLIN (Reuters) – For months, Philip Matthias tried to convince his father to install solar panels on their ..
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UK’s Sainsbury’s says weak non-food weighs on quarterly sales growth
LONDON (Reuters) -Sainsbury’s, Britain’s second largest supermarket group, kept its annual financial guidance as it repor..
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French catering group Sodexo lags Q3 sales expectations
(Reuters) – French food caterer Sodexo reported slightly lower than expected third-quarter sales on Tuesday, citing a change in..
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Global factory activity has mixed performance in June, PMIs show
By Jonathan Cable and Leika Kihara LONDON/TOKYO (Reuters) -Manufacturing activity in Europe suffered a setback last month but Asian f..
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Euro rallies as French far right faces tricky path to majority
By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) -The euro jumped on Monday after a convincing and historic win by the French..
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European stocks rally after first round of French vote
(Reuters) – European stocks rallied on Monday, with French shares leading the way after the far-right National Rally (RN) party..
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Sanofi eyes investment of up to $1.6 billion in Germany, Handelsblatt says
FRANKFURT (Reuters) – French drugmaker Sanofi is nearing a decision to invest between 1.3 billion euros and 1.5 billion euros (..
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Exclusive-Boeing agrees to buy Spirit Aero for $4.7 billion, sources say
By Mike Stone and Allison Lampert WASHINGTON (Reuters) -Boeing agreed on Sunday to acquire Spirit AeroSystems for more than $4 billio..
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Asia shares eye five-month winning streak; yen slumps
By Rae Wee SINGAPORE (Reuters) – Asian stocks are headed for a fifth straight month of gains on Friday, bolstered by the growin..
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Stocks inch lower as semiconductor shares ease; yen up vs dollar
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes edged lower in choppy trading Thursday as Micron Technology shares f..
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Global carbon removal market could reach $100 billion/yr from 2030-35, report says
LONDON (Reuters) – The global market for carbon dioxide (CO2) removal credits could reach up to $100 billion a year between 2030..
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US dollar retreats after weak economic data; yen gets minor relief
By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON (Reuters) -The yen edged up from a 38-year low against the U.S. dollar..
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Chinese-owned chipmaker Nexperia invests $200 million in European expansion
By Toby Sterling AMSTERDAM/HAMBURG (Reuters) – Nexperia, one of the world’s largest makers of basic semiconductors such as..
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UBS’s new wealth management co-leaders announce reshuffle
ZURICH (Reuters) – UBS is making changes to its wealth management arm, the division’s new co-leaders Rob Karofsky and Iqba..
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UK retailer Halfords posts lower annual profit
(Reuters) -British bicycle and car products retailer Halfords Group reported a fall in annual profit on Thursday as footfall across it..
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Nokia sells submarine networks business ASN to French state
COPENHAGEN (Reuters) – Nokia on Thursday said it had agreed to sell its submarine networks business ASN to the French state for ..
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BP halts hiring, slows renewables roll-out to win over investors
By Ron Bousso LONDON (Reuters) – BP’s new CEO Murray Auchincloss has imposed a hiring freeze and paused new offshore wind ..
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SoftBank to invest in search startup Perplexity AI at $3 billion valuation, Bloomberg reports
(Reuters) – Japanese technology investor SoftBank Group Corp’s Vision Fund 2 is investing between $10 million and $20 mill..
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