Oil up on lower U.S. crude stocks and dollar, OPEC+ and China concerns limit gains
By Laila Kearney and Trixie Sher Li Yap (Reuters) – Oil prices posted gains of more than 1% in Asian trade on Wednesday on falli..
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Croatia, heading to enter euro zone, adopts first budget in euros
SARAJEVO (Reuters) – Croatia, which will enter the euro zone on Jan. 1, passed its first budget in euros on Tuesday, targeting a..
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Dollar near one-week high as traders prepare for Powell, payrolls tests
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar stuck close to a one-week high on Wednesday, holding on to gains from a thre..
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Exclusive-Kazakh McDonald’s shut outlets temporarily after halting supplies from Russia – sources
By Mariya Gordeyeva ALMATY (Reuters) – McDonald’s licensee in Kazakhstan was forced to temporarily close its restaurants t..
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BlockFi tells U.S. bankruptcy court it is ‘the antithesis of FTX’
By Dietrich Knauth (Reuters) -BlockFi, the first direct casualty of crypto exchange FTX’s collapse, told a U.S. bankruptcy judge..
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Analysis-RBC tightens grip at home with $10 billion HSBC Canada bid, regulatory risks loom
By Divya Rajagopal and Saeed Azhar TORONTO/NEW YORK (Reuters) – Royal Bank of Canada’s swift move to buy HSBC’s Cana..
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German inflation eased in November but too soon for ‘all-clear’
By Miranda Murray and Balazs Koranyi BERLIN (Reuters) – Germany’s inflation cooled slightly in November, but remained near..
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UK royals in U.S. spotlight as William and Kate visit
By Michael Holden and Sarah Mills LONDON (Reuters) – Prince William and his wife Kate fly out to the United States on Wednesday ..
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London’s West End regains pre-pandemic buzz, boosting sales
By Aby Jose Koilparambil and Suban Abdulla (Reuters) -London’s West End has seen retail, hospitality and leisure venue sales ret..
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UK mortgage approvals hit lowest since June 2020
By Andy Bruce LONDON (Reuters) -The number of mortgages approved by lenders in Britain fell in October to its lowest since June 2020, ..
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Greek residential property price recovery picks up in third quarter
By George Georgiopoulos ATHENS (Reuters) – A recovery in Greece’s residential real estate market picked up pace in the thi..
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Deutsche Bank: Equity bear market rally will stretch into 2023, dollar weaker
LONDON (Reuters) – A bear market rally in equity markets will continue into next year before slumping as a recession in the worl..
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Euro zone credit growth remains brisk despite gloomy outlook
FRANKFURT (Reuters) – Bank lending to euro zone companies held steady, maintaining the sector’s biggest borrowing binge in..
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Food of the future: London air raid shelter to underground farm
By Sarah Young and Aiden Nulty LONDON (Reuters) – In an underground World War Two air raid shelter where London tube trains can ..
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UK’s Superdry in talks with Bantry Bay to refinance $85 million facility
LONDON (Reuters) – British fashion group Superdry said it is in negotiations to refinance borrowings of up to 70 million pounds ..
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Dollar slips, while yuan slumps on COVID unrest in China
By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) – The dollar weakened on Monday as investors weighed up the recent dro..
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UK to launch new billion-pound home insulation programme
LONDON (Reuters) – Britain’s government intends to make 1 billion pounds ($1.2 billion) of public funding available for ho..
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Prague Christmas market returns after COVID but with fewer lights
PRAGUE (Reuters) – Thousands of people poured into Prague’s medieval Old Town Square at the weekend for the lighting of a ..
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UK to fine tech companies that fail to remove self-harm material
By David Milliken LONDON (Reuters) – Britain’s government intends to make it illegal to encourage others to harm themselve..
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Airbus may delay some 2023 jet deliveries: sources
By Tim Hepher PARIS (Reuters) – Airbus is preparing the ground for further delays to planned delivery dates of some medium-haul ..
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Credit Agricole is weighing foray into German car-sharing: media report
FRANKFURT (Reuters) – French bank Credit Agricole is weighing plans to offer car-sharing financial services in Germany because t..
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OPEC+ meeting to take into account market conditions – Iraqi official
CAIRO (Reuters) – The OPEC+ meeting in December will take into account the condition and balance of the market, Iraq’s sta..
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EU demands quick fix from U.S. of green subsidy law
By Philip Blenkinsop BRUSSELS (Reuters) – European Union ministers warned on Friday that time was running out to resolve differe..
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Cost-of-living crisis casts shadow over Europe’s Black Friday
By James Davey LONDON (Reuters) – Europe’s retailers are hoping Black Friday discount day will get shoppers spending, thou..
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IKEA stores owner Ingka’s annual operating profit rises 9%
By Anna Ringstrom STOCKHOLM (Reuters) – Ingka Group, the owner of most IKEA stores, reported on Friday a 9% rise in annual opera..
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UK budget fashion chain Primark to invest 140 million stg in stores
LONDON (Reuters) – British fashion chain Primark set out plans to invest 140 million pounds ($169 million) in its UK store estat..
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UK energy regulator drops plan to ring fence customers’ cash
LONDON (Reuters) -British energy regulator Ofgem on Friday dropped a planned requirement for suppliers to ring fence customer credit b..
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Cost-of-living crisis casts shadow over Europe’s Black Friday
By James Davey LONDON (Reuters) -Europe’s retailers are hoping Black Friday discount day will get shoppers spending, though it t..
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Dollar set for weekly loss amid expectations Fed will slow hikes
By Rae Wee and Joice Alves SINGAPORE/LONDON (Reuters) – The U.S. dollar hovered near a three-month low on Friday and was headed ..
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Atlantia exit highlights Milan’s battle to retain market heavyweights
By Elisa Anzolin MILAN (Reuters) – The buyout of Atlantia will cut another 19 billion euros ($19.5 billion) from the valu..
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Exclusive: Foxconn woes could hit at least 30% of iPhone Nov shipments from China plant – source
TAIPEI (Reuters) – Production of Apple Inc’s iPhones could slump by at least 30% at Foxconn’s factory in China’..
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Malaysia’s new PM Anwar says first priority is cost of living
By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia’s newly appointed Prime Minister Anwar Ibrahim said on Friday his primary..
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British nurses to stage first strikes on Dec. 15, 20
LONDON (Reuters) – Thousands of British nurses will go on strike on Dec. 15 and 20 for more pay, their union said on Friday, add..
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UK motor and home insurers headed for heavy losses, EY warns
(Reuters) – British motor and home insurers are set for significant losses in 2022 and 2023 due to inflationary pressures and lo..
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Soccer-Manchester United fans want more say under any new owners
By Alan Baldwin (Reuters) -Manchester United needs new owners and fresh investment to halt years of decline and fans should be given a..
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German regulator stays vigilant as Meta changes VR headset rules
BERLIN (Reuters) – Facebook’s parent company Meta Platforms has responded to the German cartel office’s concerns by ..
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Telecoms group Orange signs sustainability-linked refinancing of 6 billion euros syndicated credit facility
PARIS (Reuters) – Orange, France’s biggest telecoms group, said on Wednesday it had signed an agreement for a sustainabili..
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