ECB’s Villeroy: more interest rate cuts to come in 2025
PARIS (Reuters) – The European Central Bank is likely to further ease interest rates next year and is at ease with market projec..
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Lilly’s Mounjaro more popular than Wegovy in UK’s private obesity drug market
By Maggie Fick LONDON (Reuters) – Britons paying privately for obesity drugs are increasingly choosing Eli Lilly’s Mounjar..
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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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Dollar holds steady despite rate cut bets; Aussie rises after jobs data
By Brigid Riley TOKYO (Reuters) – The U.S. dollar traded in a narrow range on Thursday after hitting a two-week high in the ..
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Adidas raided for second day running in EU tax investigation, FT reports
BERLIN (Reuters) – Investigators carried out searches at Adidas’s headquarters for a second consecutive day, the Finan..
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Polish fashion retailer LPP’s Q3 profit misses forecasts as labour costs rise
By Marta Maciag (Reuters) -Poland’s biggest fashion retailer LPP on Thursday reported third-quarter profit that missed analysts&..
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Upper Crust owner SSP plans for Indian IPO of Travel Food Services
(Reuters) -Upper Crust owner SSP Group said on Tuesday that it is planning an initial public offering in India of airport lounge opera..
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French central bank sees growth flatlining in fourth quarter
PARIS (Reuters) – French economic growth is set to stall in the last three months of the year but not retreat as some busine..
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Vodafone franchisees in Britain file legal claim against telecom group
LONDON (Reuters) – A group of current and former Vodafone franchisees in the UK filed a legal claim against the company on T..
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Former OpenAI researcher raises $40 million to build more empathetic audio AI
Former OpenAI researcher raises $40 million to build more empathetic audio AI
By Anna Tong SAN FRANCISCO (Reuters) – – A former OpenAI researcher has raised $40 million for a startup that will build artificial-in..
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Dollar edges up as market looks to CPI data; Aussie, kiwi rise on China
By Hannah Lang NEW YORK (Reuters) -The dollar was up slightly in skittish trading on Monday as investors awaited U.S. inflation data l..
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Global, US stocks fall; oil, gold rise over 1% on geopolitical risk
By Chris Prentice and Amanda Cooper NEW YORK/LONDON (Reuters) – Global shares turned lower on Monday as traders focused on U..
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Ant International sees robust growth across pillar businesses of payments, digitalisation, and inclusive financial services in 2024
Numbers show Alipay+ expands a vibrant wallet-based payment and digitalisation space that further strengthens WorldFirst and Antom, t..
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Macquarie-backed offshore wind developer Corio starts job cuts
(Reuters) – Corio Generation, the UK-based offshore wind developer backed by Australia’s Macquarie Group, plans to cut a s..
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Russian Railways to cut spending by around 40% in 2025, says finance chief
(Reuters) – Russian Railways, a key cog in Russia’s industrial machine, may substantially cut its spending next year by ar..
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Instant view: Bitcoin vaults above $100,000
(Reuters) – Bitcoin hit a record high above $100,000 on Thursday as the election of Republican Donald Trump as U.S. president fu..
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Sweden’s SBB receives letters from funds intending to accelerate Eurobonds
(Reuters) – Swedish property group SBB said it had received letters from FFI Fund and Olifant Fund notifying an intention to..
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Airbus cuts 2,000 Defence and Space jobs, taming earlier plans
By Tim Hepher PARIS (Reuters) – Airbus announced just over 2,000 job cuts in Defence and Space, or about 5% of its second-la..
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European Commission favours more EU funds for electric vehicles sector
BRUSSELS (Reuters) – The European Commission called on Tuesday for an additional 1 billion euros ($1.1 billion) of EU funds ..
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Bronze statues, coins and ancient eggs found in Tuscan thermal baths
By Alvise Armellini ROME (Reuters) – Ancient statues, coins, jewels and still-intact eggs from Roman and Etruscan times have..
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UK’s FTSE 100 extends winning streak as energy stocks climb
(Reuters) – Britain’s FTSE 100 gained for a fifth straight session on Tuesday as higher oil prices lifted energy share..
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Tavares clashed with Stellantis board over revival plan, sources say
By Giulio Piovaccari and Alessandro Parodi MILAN (Reuters) – Outgoing CEO Carlos Tavares clashed with Stellantis’ boar..
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Oil steady, traders hopeful on China demand but worried about Fed
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices were little changed on Monday, as hopes of stronger demand stemming from higher fac..
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World shares mixed, dollar advances amid improved U.S. manufacturing, French political drama
By Lawrence Delevingne (Reuters) -Stocks in the U.S. and Europe were mixed on Monday, while the dollar gained versus the euro, amid po..
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Asia stocks rise after Wall Street records; dollar rebounds
By Kevin Buckland TOKYO (Reuters) – Asian stocks climbed on Monday, buoyed by record high closes on Wall Street, while the d..
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Dollar edges higher amid rate, political uncertainty
By Wayne Cole SYDNEY (Reuters) – The dollar crept higher on Monday in what is shaping up to be a critical week for the prosp..
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UBS capital requirements should be proportionate, minister says
ZURICH (Reuters) -Capital requirements set for UBS under new banking regulations should be “proportionate”, as Switzerland..
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Euro zone consumers see inflation edge up slightly, ECB survey shows
FRANKFURT (Reuters) – Euro zone inflation expectations for the year ahead edged up slightly in October and stayed steady for..
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German unemployment rises less than expected in November, labour office says
By Maria Martinez BERLIN (Reuters) – The number of people out of work in Germany rose less than expected in November, federa..
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Exclusive – HSBC pulling back from China credit card business after struggling to expand, sources say
By Selena Li and Engen Tham (Reuters) – HSBC is pulling back from its credit card business in China eight years after its l..
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Oil slips on US gasoline stocks buildup; traders eye weekend OPEC+ meet
By Siyi Liu SINGAPORE (Reuters) -Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investo..
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UK’s Direct Line surges after rejecting Aviva’s $4.16 billion takeover offer
(Reuters) -Shares in UK’s Direct Line Insurance soared over 36% in early trade on Thursday after it rejected a 3.28 billion poun..
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ASML and peers climb on hopes for less severe US curbs on China chips
(Reuters) -Shares of ASML and its peers in the European computer chip equipment sector climbed on Thursday after Bloomberg News report..
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Bitcoin options trade shows more bets on retreat after failing to breach $100,000
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Investors in the world’s largest cryptocurrency are anticipating a si..
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French tightening plans credible, Dutch want to spend too much, says Commission
By Jan Strupczewski BRUSSELS (Reuters) -France’s draft 2025 budget and medium-term plan to bring down public debt are in line wi..
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Asian stocks slide amid Trump tariff worries, yen gains
By Kevin Buckland TOKYO (Reuters) -Asian stocks fell on Wednesday and currencies were volatile as investors fretted over whether other..
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UK shop prices fall less sharply in November, survey shows
LONDON (Reuters) – Prices in British shops fell less sharply this month, according to a survey from the British Retail Conso..
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