Analysis-Painful high rates wake-up call threatens global markets By Naomi Rovnick LONDON (Reuters) – Fear that interest rates in major economies will stay relatively high is creeping back and threatens …
Staff GBAF Publications Ltd
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Superdry plans to go private as it kicks off three-year turnaround plan (Reuters) -British fashion chain Superdry announced a three-year restructuring plan on Tuesday and said a fund raising backed …
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Jaguar develops energy-storage unit using Range Rover batteries By Nick Carey LONDON (Reuters) – Jaguar Land Rover has developed a mobile energy storage unit for sale in partnership with UK …
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Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2 (Reuters) -Telecom equipment maker Ericsson reported on Tuesday a first-quarter adjusted profit that beat expectations and said sales might …
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Swiss chemicals maker Sika posts 13.8% jump in Q1 sales (Reuters) -Swiss chemicals maker Sika AG on Tuesday reported a 13.8% increase in its first-quarter sales and confirmed its outlook …
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BNP Paribas to become top investor in Belgian insurer Ageas PARIS/HONG KONG (Reuters) -BNP Paribas, the euro zone’s biggest bank, has agreed to buy a 9% stake in the Belgian …
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Hungary to consider fuel price intervention, says economy minister BUDAPEST (Reuters) – Hungary’s government will consider whether to enforce lower fuel prices after a review by the Central Statistics Office …
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Recruiter PageGroup’s quarterly profit slumps 13% as hiring remains subdued (Reuters) – UK’s PageGroup reported on Monday a nearly 13% drop in group gross profit in the first three months …
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Home improvement retailer Kingfisher names Claudia Arney as new chair LONDON (Reuters) – European home improvement retailer Kingfisher said on Monday that Chair Andrew Cosslett will step down in June …
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EU extends trade guide on Chinese distortions to new sectors By Philip Blenkinsop BRUSSELS (Reuters) – The European Commission has updated its report on state-led distortions in the Chinese economy, …
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UK’s Tesco forecasts profit rise as consumer sentiment improves By James Davey LONDON (Reuters) -Britain’s biggest retailer Tesco forecast a further rise in profit on Wednesday, citing early signs of …
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Factbox-European companies cut jobs as economy sputters (Reuters) – The highest inflation for decades and the impact of the war in Ukraine have forced companies across Europe into layoffs or …