Germany’s Birkenstock targets over $9 billion valuation in US IPO
(Reuters) -Birkenstock, the German premium footwear brand backed by private-equity firm L Catterton, said on Monday it is seeking a ..
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France kicks off bird flu vaccination despite trade backlash risk
By Sybille de La Hamaide PARIS (Reuters) -France began vaccinating ducks against bird flu on Monday to try and stem the virus that kil..
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Euro zone factory activity stuck in steep downturn in Sept – PMI
LONDON (Reuters) – Euro zone manufacturing activity remained mired in a deep and broad-based downturn last month, according to a..
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STOXX 600 sinks to six-month low on higher bond yields
By Sruthi Shankar, Shristi Achar A and Siddarth S (Reuters) -European stocks kicked off the final quarter on a negative note as higher..
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Hungarian and US scientists win Nobel for COVID-19 vaccine discoveries
By Ludwig Burger and Niklas Pollard STOCKHOLM (Reuters) -Hungarian scientist Katalin Kariko and U.S. colleague Drew Weissman, who met ..
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Environmental groups file complaint against France’s TotalEnergies over climate impact
PARIS (Reuters) – Four environmental organisations have started legal action against France’s largest energy company Total..
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Top central banks’ rate hike push fizzles out in September, EM parts ways
By Karin Strohecker and Sumanta Sen LONDON (Reuters) – Central banks across major developed economies delivered what looked like..
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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
OSLO/STOCKHOLM (Reuters) – Ukrainian President Volodymyr Zelenskiy and Russian dissident Alexei Navalny are among favourites for..
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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
MENLO PARK, California (Reuters) -Meta Platforms used public Facebook and Instagram posts to train parts of its new Meta AI vir..
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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 show..
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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 curren..
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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
(Reuters) – Investors are having to put on much smaller trades more frequently in Europe’s government bond markets this ye..
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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 glob..
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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 leg..
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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 ele..
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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 ba..
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Dollar scales 10-month top as rate jitters persist
SINGAPORE (Reuters) – The dollar rose to a 10-month high against its major peers on Wednesday, toppling the euro and sterling to..
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Merchants want lower fees, need Amazon’s ads as US FTC files suit
RALEIGH, North Carolina (Reuters) – Merchants who sell on Amazon.com want the online retailer to cut back on fees while some als..
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Bank of England to leave rates on hold through mid-2024, cut in Q3: Reuters poll
BENGALURU (Reuters) – The Bank of England has concluded its tightening cycle and will likely keep the Bank Rate at 5.25% until a..
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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, sacr..
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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) d..
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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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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 mi..
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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 a..
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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 T..
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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 shareholder..
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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 new..
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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 pri..
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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 partner..
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