FRANKFURT (Reuters) – Euro zone inflation is set to decline to 2.1% in 2025, just a shade above the European Central Bank’s target, an ECB poll of economists forecast on…
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PARIS (Reuters) – French luxury goods group Kering said Friday it was entering the cosmetics business, with the announcement that it has recruited seasoned Estee Lauder executive Raffaella Cornaggia to…
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STOCKHOLM (Reuters) -Assa Abloy, the world’s biggest lockmaker, raised its dividend more than expected as it met quarterly profit forecasts on Friday, signalling its confidence even as it braces for…
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By Federica Mileo (Reuters) -Dutch navigation and digital mapping company TomTom raised its 2023 revenue forecast on Friday, after posting better-than-expected fourth-quarter revenue driven by strong automotive performance. After being…
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By Benjamin Mallet LA HAGUE, France (Reuters) – At a nuclear waste site in Normandy, robotic arms guided by technicians behind a protective shield manoeuvre a pipe that will turn…
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By Caroline Valetkevitch and Herbert Lash (Reuters) – Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message from their earnings on Thursday: not so…
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By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to push the upscale retailer to shake up its board…
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By Joseph White and Paul Lienert DETROIT (Reuters) -Ford Motor Co on Thursday said quarterly profits fell and the automaker predicted a difficult year ahead, sending its shares down after…
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By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Thursday as U.S. industrial-linked factory orders dipped, while the dollar strengthened, making crude more expensive for non-American buyers. Brent…
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By Ludwig Burger BASEL (Reuters) – Roche warned of a decline in 2023 earnings, as revenue growth from new drugs, including its haemophilia treatment and multiple sclerosis drug, would not…
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ZURICH (Reuters) – Julius Baer on Thursday said net profit fell 12% in 2022 in a tough market environment, as the Swiss bank said it closed its 2020-22 business cycle…
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By Norihiko Shirouzu (Reuters) – Volvo Cars is gearing up for an electric blitz to convert all its mainstay models – three SUVs and two sedans – into electric vehicles…
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