Greece to spend 780 million euros to protect marine biodiversity, PM says
ATHENS (Reuters) – Greece is pushing ahead with 21 initiatives worth 780 million euros ($830.9 million) to protect marine biodi..
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UK fintechs ask government for help to ease capital shortages
By Elizabeth Howcroft LONDON (Reuters) -Leaders of the UK’s financial technology industry are urging the British government t..
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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 insurer Ageas..
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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 Centra..
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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 of 2024 d..
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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 Ju..
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STOXX 600 climbs over 1% on rate-cut optimism
By Johann M Cherian and Ozan Ergenay (Reuters) -European shares rose to over a week’s high on Friday, with major indexes that u..
Trading
Analysis-Europe stands firm against US-driven ESG backlash
(Reuters) – Steady investor demand in Europe for environmental and socially responsible investments and wide-ranging regulation ..
Featured
ECB holds rates, signals rate cut on horizon
LONDON (Reuters) -The European Central Bank kept interest rates unchanged on Thursday, but signalled that it may be preparing to eas..
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HEXAGON CARDS LAUNCHES NEW WEBSITE TO CELEBRATE YEAR ON YEAR INCREASE IN MEMBERSHIP SIGNUPS
Hexagon Cards, one of the UK’s most exclusive business clubs, has launched a new website and membership portal following an unprecede..
Business
Europe’s SMEs need one set of rules, report to say
By Giselda Vagnoni (Reuters) – Europe’s export-oriented small businesses should be offered a single regulatory framework ..
Business
Bank of England’s Greene says rate cuts should be “a way off”
(Reuters) -Bank of England policymaker Megan Greene said interest rate cuts in Britain should remain “a way off” because ..
Finance
Oil prices edge up on escalation in Middle East tensions
By Emily Chow SINGAPORE (Reuters) -Oil prices ticked up during trade on Thursday, after rising a dollar a barrel in the prior session..
Featured
ECB to set up June rate cut after rapid disinflation
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) -The European Central Bank is all but certain to keep borrowing costs at a..
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Dollar firms, yen fragile as Fed cut wagers crumble
By Ankur Banerjee SINGAPORE (Reuters) -The dollar was firm on Thursday after hotter-than-expected U.S. inflation data squashed linger..
Trading
Asian shares fall on U.S. rate scare, yen plumbs 34-yr low
By Stella Qiu SYDNEY (Reuters) – Asian shares tracked Wall Street lower on Thursday as sticky U.S. inflation forced markets to ..
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Nike pins hopes on Olympics in race to take back market share
By Helen Reid PARIS (Reuters) – Nike is set to unveil new kits for the Olympic national teams it sponsors including the U.S. an..
Business
Paris Olympics on track to hit NBC ad sales record after pandemic
By Sheila Dang (Reuters) – As the July opening ceremony for the 2024 Paris Olympics draws closer, U.S. broadcaster NBCUnivers..
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U.N. climate chief says two years to save the planet
By Kate Abnett and Simon Jessop LONDON/BRUSSELS (Reuters) -Governments, business leaders and development banks have two years to take..
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Companies get green light to use offsets for supply chain emissions
By Simon Jessop LONDON (Reuters) -A leading judge of corporate climate action plans said it will allow companies to use carbon credit..
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UK equities end volatile session higher as investors ponder rate outlook
By Sruthi Shankar, Khushi Singh and Pranav Kashyap (Reuters) -UK equities closed Wednesday’s volatile session higher as investo..
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European shares rebound from one-month low; ECB rate verdict up next
By Ankika Biswas, Johann M Cherian and Ozan Ergenay (Reuters) -European shares staged a recovery after a knee-jerk reaction to a high..
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US dollar surges vs yen to highest since mid-1990 after hotter-than-expected inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose across the board on Wednesday, soaring against the Japanese yen to ..
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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 Chines..
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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 ..
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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 lay..
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M&C Saatchi expects 2024 profit to meet forecasts
(Reuters) – M&C Saatchi said on Wednesday it expected to meet profit expectations this year, betting on its cost-savings in..
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UK’s THG returns to revenue growth in Q4 on demand for beauty products
(Reuters) – British e-commerce firm THG said on Wednesday its revenue continued to improve in 2024 after returning to growth in..
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Puma hones focus on speed in Olympic battle with Adidas and Nike
PARIS (Reuters) – German sportswear brand Puma is using this year’s Olympic Games and its partnership with sprint champion..
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Barry Callebaut operating profit falls 40% on transformation costs
(Reuters) -Barry Callebaut, the world’s biggest chocolate maker, reported lower than expected half-year operating profit on Wed..
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Shocks in G20 emerging economies hit rich-world growth, IMF says
By Libby George LONDON (Reuters) – Domestic shocks in emerging economies in the G20 are increasingly impacting growth in the ..
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World stocks mixed ahead of US inflation, metals soar
By Tom Westbrook and Samuel Indyk LONDON (Reuters) -Global shares were mixed on Tuesday ahead of this week’s U.S. inflation dat..
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US dollar struggles for direction ahead of data despite rise in yields
(Reuters) -The dollar struggled for direction on Tuesday as investors were cautious ahead of inflation data due on Wednesday, while U...
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Flooding spreads in Russia, putting thousands more at risk
ORSK, Russia (Reuters) -Flood sirens blared out in two Russian cities on Tuesday, warning thousands more people to evacuate immediatel..
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Italy cuts growth forecasts and says debt set to rise
By Giuseppe Fonte and Matteo Negri ROME (Reuters) -The Italian government on Tuesday cut its growth forecast for this year and next, ..
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Craftmerce selected for Techstars Los Angeles, propelling wholesale African Marketplace into the future
Los Angeles, California, April 5, 2024 – Craftmerce, the pioneering B2B marketplace facilitating connections between global in..
Technology
Daimler Truck Q1 sales drop 13% as markets normalize
BERLIN (Reuters) – Daimler Truck Group reported a 13% drop in first-quarter sales on Tuesday, as the markets normalize as expect..
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