UK payments regulator consults on cross-border card fees cap
LONDON (Reuters) – Britain’s payments regulator said on Friday it would consult on whether to introduce a cap on cross-bor..
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Fox and Hulu announce multi-year content streaming partnership
(Reuters) – Fox Entertainment and Hulu announced on Thursday a multi-year content deal whereby the Walt Disney-controlled stream..
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Investors lift US dollar, focus on Federal Reserve outlook
By Chuck Mikolajczak NEW YORK (Reuters) -The U.S. dollar rose on Wednesday, renewing its post-election rally after a three-session dec..
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LetterOne loses first UK national security appeal over forced broadband sale
LONDON (Reuters) -Russian oligarch-backed investment firm LetterOne lost its challenge to the enforced sale of a broadband provider on..
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HSBC relaunches ‘Premier’ brand in UK in pursuit of wealthy clients
By Lawrence White LONDON (Reuters) – HSBC is relaunching its ‘Premier’ wealth banking brand in Britain, targeting so..
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Swiss bank EFG on course for record profit, CEO says
ZURICH (Reuters) -EFG International is on course to beat last year’s net profit and record its most profitable year, the Swiss p..
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Banks, construction shares lead rebound in Europe’s STOXX 600
(Reuters) – Europe’s main stock index opened higher on Wednesday after a three-session decline, as construction and bank s..
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Dollar touches one-week low as safety bid, ‘Trump trade’ momentum ebb
By Kevin Buckland TOKYO (Reuters) -The U.S. dollar slipped to a one-week low versus major peers on Wednesday, looking to extend a thre..
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Dollar braces for US inflation data and several Fed speakers
By Wayne Cole SYDNEY (Reuters) – The dollar started in a cautious mood on Monday as markets braced for U.S. inflation data and a..
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Greece’s mussel harvest wiped out by warming seas
By Alexandros Avramidis THERMAIC GULF, Greece (Reuters) – When Anastasios Zakalkas pulled up the ropes of his mussel farm in the..
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Oil climbs more than $1 on reports of Iran preparing strike on Israel
By Florence Tan SINGAPORE (Reuters) – Oil prices extended gains on Friday, climbing more than $1 a barrel to pare weekly losses,..
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IBM misses third-quarter revenue estimates as consulting drags; shares fall
By Arsheeya Bajwa (Reuters) -International Business Machines missed analysts’ estimates for third-quarter revenue on Wedn..
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US tech firms to invest $8.2 billion in UK data centres
LONDON (Reuters) – Britain said on Monday that U.S. firms ServiceNow, CyrusOne, CloudHQ and CoreWeave would invest a comb..
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Insurer Aviva secures $2 billion pensions buy-in
LONDON (Reuters) – British insurer Aviva has completed a 1.5 billion pound ($1.96 billion) bulk annuity buy-in deal with ..
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Global money market funds draw large inflows in the week to Oct. 2
(Reuters) – Global money market funds attracted large inflows in the week to Oct. 2 as investor caution ahead of a key U...
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Greece’s growth seen nearly unchanged in 2025, draft budget shows
By Lefteris Papadimas ATHENS (Reuters) – The Greek government is forecasting economic growth of 2.3% in 2025, outperformi..
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Factbox-2024 Nobel prizes announced this week
STOCKHOLM (Reuters) – The Nobel prizes are to be announced this week, starting with the award for medicine or physiology ..
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Spotify back up after outage hits over 40,000 users
(Reuters) -Audio streaming platform Spotify was back up after an approximate three-hour-long outage on Sunday, which at its pea..
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Northvolt to axe 1,600 jobs as Europe’s EV hopes stall
By Marie Mannes STOCKHOLM (Reuters) – Northvolt plans to cut 1,600 jobs at its base in Sweden, or about a fifth of its gl..
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European shares edge higher as traders brace for data-packed week
By Pranav Kashyap (Reuters) -European shares edged higher on Monday, though gains were capped by caution as investors tread car..
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UK reports sharpest rise in health-related welfare claims, study shows
LONDON (Reuters) – Britain has seen the biggest rise in health-related welfare benefits among a group of similar economie..
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UK’s National Grid to sell electricity system operator in $827 million deal
(Reuters) -Britain’s National Grid said on Friday it had agreed to sell its Electricity System Operator (ESO) to the UK g..
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US dollar regains footing as traders pare bets on big Fed rate cut
By Gertrude Chavez-Dreyfuss and Sruthi Shankar NEW YORK/LONDON (Reuters) -The dollar bounced against the yen and other major currencie..
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Germany plans to reduce Commerzbank stake as stability restored
(Reuters) – Germany intends to reduce its stake in Commerzbank AG as the lender is stable again years after its rescue in..
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AI likely to weigh on oil prices over the next decade, Goldman says
(Reuters) – Artificial intelligence could hurt oil prices over the next decade by boosting supply by potentially reducing..
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Tennis-Draper carries British hopes into U.S. Open quarters
NEW YORK (Reuters) – Jack Draper said he was thrilled to become the first British man to reach the U.S. Open quarter-finals sinc..
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Sunk superyacht likely to cost insurers at least $150 million, experts say
By Noor Zainab Hussain and Carolyn Cohn LONDON (Reuters) – Insurers of the Bayesian superyacht that sank this month, kill..
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HSBC looks to double UK wealth business as banks target ‘mass affluent’
By Lawrence White and Sinead Cruise LONDON (Reuters) – HSBC aims to double the assets under management in its British wea..
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Bottler Coca-Cola HBC raises 2024 revenue and operating profit forecasts
(Reuters) – Bottler Coca-Cola HBC boosted its annual operating profit and revenue forecast on Wednesday, as the Swiss group post..
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Swiss National Bank presses ahead as rate cutting front-runner
By John Revill ZURICH(Reuters) -The Swiss National Bank cut interest rates on Thursday for the second time running, pointing to easing..
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Dollar trades around two-week high as U.S. bond yields surge
By Harry Robertson and Kevin Buckland LONDON/TOKYO (Reuters) – The dollar held steady on Thursday after rising to a two-week hig..
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Italy April jobless rate falls to 6.9%, lowest since 2008
ROME (Reuters) – Italy’s unemployment rate declined to 6.9% in April from a downwardly revised 7.1% the month before, data..
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Engie Q1 profit drops on warmer winter, steady market
By America Hernandez PARIS (Reuters) – French energy company Engie said on Friday first-quarter earnings fell 3.2% as a warmer t..
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Prosus, parent group Naspers name Fabricio Bloisi as new CEO
(Reuters) -Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chie..
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Italy cuts Eni stake, raises 1.4 billion euros
By Giuseppe Fonte and Francesca Landini ROME (Reuters) -Italy’s Treasury sold a 2.8% stake in energy group Eni on Wednesday, poc..
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Exclusive-Anglo American starts revamp with hiring freeze, document shows
By Scott Murdoch and Melanie Burton SYDNEY (Reuters) -Anglo American has suspended hiring globally according to an internal memo revie..
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Catering firm Compass lifts profit forecast after strong first half
(Reuters) – British catering firm Compass Group raised its 2024 profit forecast on Wednesday, after reporting first-half earning..
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