Russian ministry sees 2024 GDP at 2.8%, but with higher inflation, weaker rouble
(Reuters) – Russia’s economy ministry improved its expectations for 2024 gross domestic product (GDP) growth to 2.8% from ..
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Euro at highest to yen since 2008, markets nervy over Toyko stepping in
TOKYO/LONDON (Reuters) -The yen hit multi-year lows against the dollar and the euro on Tuesday, keeping investors on heightened interv..
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Prince William and wife Kate thank public for birthday messages for son Louis
LONDON (Reuters) – Britain’s Prince William and his wife Kate thanked the public for their messages which had been sent t..
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Oil falls back after robust EU data as Mideast tensions linger
By Deep Kaushik Vakil (Reuters) -Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as..
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Stocks gear up for Big Tech earnings; yen sits near danger zone
By Amanda Cooper LONDON (Reuters) – Global shares rose on Tuesday, driven by a recovery on Wall Street, where investors focus o..
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Italy’s Lavazza launches bid to take machine vendor IVS private
MILAN (Reuters) -Italian coffee maker Lavazza on Tuesday said it was investing further in the machine vending industry by acquiring a..
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Japan’s 7-Eleven convenience chain targets aggressive global growth
TOKYO (Reuters) – Japanese retail giant Seven & i Holdings said on Tuesday it wanted to see huge growth for its 7-Eleven co..
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Golden Goose’s net revenues up 12% in first quarter
MILAN (Reuters) – Italy’s Golden Goose said on Tuesday its net revenues rose 12% at constant exchange rates in the first ..
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Sluggish demand and oversupply sap European diesel markets
By Ahmad Ghaddar and Robert Harvey LONDON (Reuters) – European diesel futures spreads are flashing signs of oversupply and slow..
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Bank of England looks to shine a light on private equity leverage
By Huw Jones LONDON (Reuters) – Regulators need to shine a light on the $8 trillion global private equity sector, as opaque l..
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Dollar firm as US rates and earnings take center stage
By Alden Bentley and Amanda Cooper NEW YORK/LONDON (Reuters) -The dollar ticked higher against the euro and yen in subdued trade afte..
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Guide to International Trade for Small Businesses
Introduction to International Trade for Small Businesses Embarking on the journey of international trade offers small businesses a go..
Business
US crude futures climb back into positive territory
By Erwin Seba HOUSTON (Reuters) -U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider..
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Equities gain, gold drops as fears of wider Middle East conflict ease
By Chris Prentice and Alun John NEW YORK/LONDON (Reuters) -Investors scaled back safe-haven bets on Monday as worries over a wider Mi..
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World’s workers increasingly at risk as climate changes, ILO says
By Emma Farge GENEVA (Reuters) -More than 70% of the global workforce is exposed to risks linked to climate change that cause hundred..
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Hedge fund borrowing hits five-year peak, Goldman Sachs says
By Nell Mackenzie LONDON (Reuters) – Global hedge fund borrowing rose to a five-year high in the week to April 19, a Goldman Sa..
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After VW plant victory, UAW sets its sights on Mercedes in Alabama
By Nora Eckert CHATTANOOGA, Tennessee (Reuters) – The United Auto Workers has made history by winning its first unionization vo..
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London shares rebound as fears of wider Middle East conflict ebb
By Pranav Kashyap and Shubham Batra (Reuters) -London stocks gained 1% on Monday, following last week’s sharp selloff, as fears..
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UK’s struggling Thames Water proposes spending more on environmental improvements
By Sarah Young LONDON (Reuters) -Britain’s Thames Water has proposed spending an additional 1.1 billion pounds ($1.36 billion) ..
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Automakers hope for a cut as two-way EV charging becomes real
By Nick Carey and Victoria Waldersee LONDON (Reuters) – Automakers from General Motors to Volvo Cars, alongside utilities and c..
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UK supermarket Asda says 2023 underlying profit up 24%
LONDON (Reuters) – Asda, Britain’s third biggest supermarket group, reported a 24% rise in annual earnings on Monday that..
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Prince Harry’s privacy case against Murdoch tabloids to proceed as planned
LONDON (Reuters) – Prince Harry’s privacy case has avoided a major delay after London’s High Court rejected an appli..
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UK retail sales stagnate despite easing inflation
LONDON (Reuters) -British retail sales stagnated in March despite high inflation easing recently, representing the first time that the..
Business
Scotland ditches 2030 climate target to cut emissions by 75%
By William James LONDON (Reuters) -Scotland on Thursday scrapped its target of cutting climate-damaging greenhouse gas emissions by 7..
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Meta releases early versions of its Llama 3 AI model
NEW YORK (Reuters) – Meta Platforms on Thursday released early versions of its latest large language model, Llama 3, and an ima..
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Industrials boost STOXX 600 as earnings season rolls in
(Reuters) -European shares rose on Thursday, boosted by industrials after Swiss engineering company ABB touched a record high follow..
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Factbox-What to expect in 2024: Forecasts for GDP, inflation and other assets
(Reuters) -Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this y..
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Danone beats first-quarter sales forecasts, keeps 2024 goals
By Dominique Vidalon and Richa Naidu PARIS/LONDON (Reuters) -Danone posted stronger-than-expected quarterly sales on Thursday, with a..
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Morgan Stanley, HSBC cutting Asia investment banking jobs on China deals slowdown
(This April 16 story has been refiled to correct the grammar in paragraph 6) HONG KONG (Reuters) – Morgan Stanley and HSBC are ..
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EU considers bringing emissions removal credits into carbon market
By Kate Abnett FLORENCE (Reuters) – The European Union is looking into whether to bring emissions removal credits into its carb..
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Prince Harry says travel industry must do more for local communities
LONDON (Reuters) – Britain’s Prince Harry said it was crucial the travel industry did better by the local communities in ..
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Navigation firm TomTom posts operating loss as auto sales slow
By Gaelle Sheehan and Mathias de Rozario (Reuters) -Digital mapping company TomTom’s operating result turned to a wider-than-ex..
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Just Eat Takeaway’s Q1 orders ‘disappoint’, shares fall
(Reuters) -Just Eat Takeaway reported first-quarter orders below expectations on Wednesday, sending its shares 5% lower. Favoured by ..
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LVMH shares rise after luxury giant’s Q1 sales offer element of reassurance
PARIS (Reuters) – LVMH shares rose on Wednesday, after the first quarter sales figures from the world’s largest luxury gr..
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UK inflation slows by less than expected to 3.2% in March
LONDON (Reuters) -British consumer price inflation slowed by less than expected to a two-and-a-half-year low of 3.2% in annual terms ..
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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 ..
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IMF warns financial risks linger amid ‘soft landing’
By Pete Schroeder WASHINGTON (Reuters) – The International Monetary Fund is cautioning against overexuberance in markets as inv..
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