LME monitors tightness in aluminium market after spike in spread
By Eric Onstad LONDON (Reuters) – The London Metal Exchange (LME) is tracking tightness in the aluminium market, which has see..
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Big oil’s big payouts under strain as energy prices fall
By Ron Bousso LONDON (Reuters) – Major energy companies are set to borrow billions to maintain shareholder payouts or cut the ra..
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CVS explores options including potential break-up, sources say
By Anirban Sen NEW YORK (Reuters) – CVS Health is exploring options that could include a break-up of the company to separate its..
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Italy and BlackRock discuss potential data centres investment
ROME (Reuters) – Italian Prime Minister Giorgia Meloni met the head of the U.S. fund BlackRock Inc, Larry Fink, in Rome o..
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French retailer Casino to present new strategy with heavy job cuts expected
PARIS (Reuters) – French supermarket chain Casino will set out its new strategy in November, with heavy job cuts still li..
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Germany reports outbreak of H5N1 bird flu on a farm
PARIS (Reuters) – Germany reported an outbreak of highly pathogenic H5N1 bird flu on a farm in the eastern region of Saxo..
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Big banks add October cut to ECB forecasts
LONDON (Reuters) -Major brokerages, including Goldman Sachs and JPMorgan, now expect the European Central Bank to deliver a qua..
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Thailand’s Central Group takes over Swiss department stores Globus
BERLIN (Reuters) – Thai retail and property conglomerate Central Group said on Monday it will take over the operational b..
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Exclusive-ByteDance plans new AI model trained with Huawei chips, sources say
(Reuters) – TikTok’s Chinese parent ByteDance plans to develop an AI model trained primarily with chips from compat..
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UK business confidence falls from eight-year high, Lloyds says
By David Milliken LONDON (Reuters) – British business confidence ebbed slightly this month after reaching an eight-year h..
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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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Oil steady but on track for weekly drop on firmer supply outlook
By Paul Carsten LONDON (Reuters) -Oil prices held on Friday but remained on track for a weekly fall as investors weighed expect..
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Moncler CEO strengthens grip on company with LVMH deal
By Elisa Anzolin and Mimosa Spencer MILAN/PARIS (Reuters) -Moncler’s Chairman and CEO Remo Ruffini is tightening his cont..
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Aeffe sells ‘Moschino’ brand for perfumes to Euroitalia
MILAN (Reuters) – Italian fashion group Aeffe has agreed to transfer the ownership of its ‘Moschino’ brand in..
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Exclusive-African countries eye world’s first joint ‘debt-for-nature’ swap
LONDON (Reuters) – At least five African countries are working on what could be the world’s first joint “debt..
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UK’s FTSE 100 closes slightly up as falling energy shares offset China-driven rally
By Lisa Pauline Mattackal and Shashwat Chauhan (Reuters) -UK’s FTSE 100 closed up on Thursday, though lagging its Europea..
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Exclusive-Ubisoft activist investor says it has support of 10% of shareholders in management tussle
By Zaheer Kachwala (Reuters) – An activist investor pushing for a sale of “Assassin’s Creed” maker Ubis..
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Dollar firm following sharp rebound as Fed speakers eyed
By Kevin Buckland TOKYO (Reuters) – The dollar held firm on Thursday following its sharpest rally since early June as tra..
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Polish fashion retailer LPP confirms annual revenue goal of up to $5.5 billion
GDANSK (Reuters) – Poland’s largest apparel retailer LPP confirmed its full-year revenue target of 20-21 billion zl..
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UniCredit starts process to bring life insurance business in house
MILAN (Reuters) – UniCredit has told Allianz and CNP Assurances that it will buy their stakes in the life insurance joint..
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Fonterra’s annual profit falls 25%; shares rise on dividend declaration
By Rajasik Mukherjee (Reuters) -New Zealand’s Fonterra posted a 25% drop in its fiscal 2024 profit on Wednesday, hurt by ..
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Soccer-‘I thought it was AI,’ says Wimbledon director of flooding images at stadium
(Reuters) – AFC Wimbledon’s managing director thought he was looking at AI-created images when he saw pictures of f..
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Solvay to cut 68 jobs in Salindres site throughout 2025
(Reuters) – Belgian chemicals group Solvay announced on Tuesday plans to enter into talks with labour unions to cease pro..
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ECB started issuing fine notices to banks not meeting climate expectations
NEW YORK (Reuters) – The European Central Bank has started issuing fine notices to lenders not meeting its long-defined e..
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Spotify expands AI Playlist feature to new markets including US, Canada
(Reuters) – Spotify is expanding its tool that helps create playlists using generative artificial intelligence for premiu..
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UK employers give joint-lowest pay rises since June 2022, Brightmine says
LONDON (Reuters) – British employers gave staff the joint-lowest pay rises since June 2022 in the three months to the end..
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CMA CGM agrees to buy 48% of Santos Brasil for $1.2 billion, will launch takeover bid
SAO PAULO (Reuters) – French shipping giant CMA CGM agreed to buy 47.6% of port terminal operator Santos Brasil for 6.3 b..
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Analysis-SocGen’s CEO Krupa tightens screws on costs as bank’s turnaround plan falls flat
By Mathieu Rosemain PARIS (Reuters) – Societe Generale’s CEO Slawomir Krupa is set to turn the screws further on costs a..
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EU regulator backs use of Novo’s Wegovy for obesity-related heart condition
(Reuters) -The European Medicines Agency backed the use of Novo Nordisk’s popular drug Wegovy to help ease heart failure in peop..
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Analysis-Extreme weather adds to fiscal strains in central Europe
By Jan Lopatka, Karol Badohal and Gergely Szakacs PRAGUE/WARSAW (Reuters) – Just a week ago, before deadly floods swept throug..
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Yen slides as BOJ governor steers clear of rate hike talk
By Linda Pasquini and Wayne Cole LONDON/SYDNEY (Reuters) – The yen weakened on Friday after the Bank of Japan signalled it was i..
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Oil prices set to end week higher after US rate cut
By Arunima Kumar (Reuters) -Oil prices eased on Friday, but were on track to register gains for a second straight week following a lar..
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Global investors brace for turmoil as big Fed cut sows confusion
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) -Big global investors are on alert for wild market swings after a jumbo U.S. rate ..
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Morning Bid: BOJ brings yen into sharper focus
A look at the day ahead in European and global markets from Wayne Cole. It was left to the Bank of Japan (BOJ) to end “central b..
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BOJ keeps interest rates steady, sticks to upbeat economic view
TOKYO (Reuters) – The Bank of Japan kept interest rates steady on Friday and maintained its view the economy remained on ..
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German tax revenue rose by 5.3% in August
By Maria Martinez BERLIN (Reuters) – Germany’s federal and state governments’ tax revenue rose 5.3% in August..
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Germany considering ways to support VW, economy minister says
FRANKFURT/BERLIN (Reuters) -Germany’s government is considering ways to support Volkswagen, German economy minister and v..
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