Butler Industries joins Onepoint in Atos rescue consortium
PARIS (Reuters) – Paris-based Butler Industries is joining a consortium to rescue distressed IT consulting firm Atos, the compan..
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Analysis-Dutch set to comply with U.S. demands on China exports
By Toby Sterling AMSTERDAM (Reuters) – U.S. demands that chipmaking giant ASML stop servicing some equipment it has sold to Chi..
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Analysis-Women in UK finance earn a third less than male colleagues, data shows
By Sinead Cruise and Carolyn Cohn LONDON (Reuters) – Some of Britain’s top financial firms pay women 28.8% less on average..
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Red hot U.S. payrolls pull rug under June Fed rate cut bet
By Huw Jones LONDON (Reuters) -The dollar and bond yields rose on Friday after much stronger than expected growth in March U.S. payrol..
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Oil heads for second weekly gain on tighter supply outlook
By Ahmad Ghaddar and Noah Browning LONDON (Reuters) -Oil prices extended gains on Friday and were on course for a second weekly gain, ..
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European shares slide to two-week low on hawkish Fed comments, geopolitical worries
By Johann M Cherian and Ozan Ergenay (Reuters) – European stocks fell to a more than two-week low on Friday, tracking a global s..
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Dollar boosted after job growth in March exceeds expectations
By Hannah Lang and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar was up on Friday after data showed that U.S. job growth in Mar..
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Senior doctors in England accept new pay offer and end strikes
LONDON (Reuters) -Senior doctors in England have voted to accept an improved offer from the government on pay and conditions, easing ..
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Tencent’s next level up: fewer big foreign franchise games, more in-house
By Josh Ye HONG KONG (Reuters) – (This March 21 story has been corrected to rectify the time period from ‘last month̵..
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UK house prices fall for first time in 6 months as rates stay high
By David Milliken LONDON (Reuters) – British house prices fell 1.0% in March, their first drop since September 2023, figures fr..
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Holcim to acquire South American concrete products firm Tensolite
ZURICH (Reuters) – Holcim on Friday said it will buy Tensolite, a maker and distributor of pre-cast concrete systems in South A..
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Sterling hits one-week high vs dollar, focus on rally against Swiss Franc
By Stefano Rebaudo (Reuters) – Sterling edged higher against a weakening dollar and dropped versus the euro on Thursday, with i..
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Stocks and bonds take heart from Powell; commodities strong
By Amanda Cooper LONDON (Reuters) – Global shares rallied on Thursday as U.S. rate cuts remained on the table even if their timi..
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UK on track to exit recession despite slower services growth, PMI data shows
By David Milliken LONDON (Reuters) -Britain’s economy looks on track to exit recession when official first-quarter growth data ..
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Oil steady, bolstered by lower supply concerns
By Paul Carsten and Robert Harvey LONDON (Reuters) -Oil prices were steady on Thursday, shored up by concerns about lower supply as ma..
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Dollar hits two-week low while battered yen stabilises
By Hannah Lang and Stefano Rebaudo NEW YORK (Reuters) – The dollar hit a two-week low on Thursday as economic data supported exp..
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UK on track to exit recession despite slower services growth, PMI data shows
By David Milliken LONDON (Reuters) -Britain’s economy looks on track to exit recession when official first-quarter growth data ..
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Tame Swiss inflation opens door for more SNB rate cuts, weighs on franc
By John Revill ZURICH (Reuters) -Swiss inflation eased to its lowest level in two-and-a-half years in March, pushing the Swiss franc ..
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Former Gucci CEO to take minority stake in Elisabetta Franchi
MILAN (Reuters) – Former Gucci chief executive Marco Bizzarri said on Thursday he would invest in Italian fashion brand Elisabet..
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Britain’s Co-op profit slides after petrol forecourt sale
(Reuters) -Co-op, which runs Britain’s seventh-biggest supermarket chain, posted a steep drop in annual pretax profit on Thursda..
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UK watchdog refers Vodafone, Three deal to in-depth probe
(Reuters) -Britain’s competition regulator said on Thursday it would need to open an in-depth investigation into the merger bet..
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Japan’s Konica Minolta to cut 2,400 jobs, book $132 million in expenses
TOKYO (Reuters) – Japan’s Konica Minolta said on Thursday it will trim 2,400 jobs worldwide during the current fiscal year..
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Novo says Ozempic starter kits still not available in Germany in Q2
By Ludwig Burger FRANKFURT (Reuters) – Novo Nordisk has warned that starter kits of its popular diabetes drug Ozempic will still..
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Euro zone inflation unexpectedly eases, boosting rate cut case
By Balazs Koranyi FRANKFURT (Reuters) – Euro zone inflation fell unexpectedly last month, solidifying the case for the European ..
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UK supermarket sales rise 5.4%, NIQ market researcher says
LONDON (Reuters) – British supermarket total sales rose by 5.4% year-over-year in the four weeks to March 23 as slowing inflatio..
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Diversifying companies delivered 53% higher annual shareholder returns during and after COVID
Study from Stryber of 738 listed businesses in Europe showed that companies which diversified their revenue streams deliver 53% high..
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Swiss Re appoints Andreas Berger as new CEO from July
ZURICH (Reuters) -Reinsurance company Swiss Re said on Wednesday Andreas Berger would become group chief executive officer from July, ..
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CMA CGM acquires 10% in stake in Volvo-Renault EV joint venture, Renault says
(Reuters) – French car manufacturer Renault on Wednesday announced that shipping group CMA CGM officially joined Flexis, its par..
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IKEA Foundation backs emerging market EV push with $100 million grant
By Simon Jessop and Virginia Furness LONDON (Reuters) – A global initiative to accelerate electric vehicle uptake has received a..
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UK shop prices rise at slowest pace since December 2021
UK shop prices rise at slowest pace since December 2021
LONDON (Reuters) – Prices in British shops rose at the slowest pace in more than two years in March, the British Retail Consortium (BRC) said on..
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Disney edges ahead in battle for board seats with activist investors
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) – Walt Disney appeared to pull ahead of activist investors in the..
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UBS launches new $2bn share buyback
ZURICH (Reuters) -UBS on Tuesday announced it was launching a new share buyback programme of up to $2 billion, with up to half being c..
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BMW and India’s Tata Technologies to form JV for developing software
BENGALURU (Reuters) -BMW Group and Tata Technologies will form a joint venture for the development of software for the German luxury a..
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King Charles greets well-wishers after Easter Sunday service
By Hollie Adams WINDSOR, England (Reuters) -Britain’s King Charles greeted well-wishers in an impromptu walkabout after an Easte..
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China believes France will provide fair business environment for Chinese firms, foreign ministry says
BEIJING (Reuters) – China will import even more high-quality products and services from France and believes the European country..
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Exclusive-Microsoft to separate Teams and Office globally amid antitrust scrutiny
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft will sell its chat and video app Teams separately from its Office product globall..
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Xiaomi’s EV buyers face up to seven-month wait for car, app shows
By Yelin Mo and Brenda Goh BEIJING (Reuters) -Xiaomi is advising would-be buyers of its new SU7 electric sedan that they could face an..
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