Oil spills and near misses: more ghost tankers ship sanctioned fuel
By Jonathan Saul LONDON (Reuters) – An oil tanker runs aground off eastern China, leaking fuel into the water. Another is caught..
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Oil dips after Fed comments, US crude stock build
By Stephanie Kelly and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices fell on Thursday following three sessions of gains, after Federal R..
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Bitcoin falls 4.5% to $26,916
(Reuters) – Bitcoin dropped 4.5% to $26,916 at 20:07 GMT on Wednesday, losing $1,276 from its previous close. Bitcoin, the world..
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Inflation boosts Jeronimo Martins’ Q4 profit but dents margins
LISBON (Reuters) – Portugal’s second-largest retailer Jeronimo Martins on Wednesday posted a 23% jump in fourth-quarter ne..
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Exclusive-Ardian explores taking Italian tower operator INWIT private-sources
By Milana Vinn and Amy-Jo Crowley (Reuters) – French investment firm Ardian is in the early stages of exploring a bid for Italy&..
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Dollar falls after Fed raises rates, forecasts future hike
By Hannah Lang WASHINGTON (Reuters) – The dollar was lower on Wednesday following the U.S. Federal Reserve’s decision to r..
Finance
Oil up 2% as dollar weakens on small US Fed rate hike
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 2% to a one-week high on Wednesday as the dollar slid to a six-week low af..
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Analysis-Credit Suisse collapse threatens Switzerland’s wealth management crown
By John Revill ZURICH (Reuters) – The fall of Credit Suisse has dealt a serious blow to Switzerland’s credentials as the w..
Finance
Fed in spotlight with US focus on stability, First Republic
By Nupur Anand, Andrea Shalal and Balazs Koranyi (Reuters) – U.S. authorities are set to explore ways to bolster financial stabi..
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Stellantis to invest 130 million euros in German plant for new Opel electric car
MILAN (Reuters) – Carmaker Stellantis said on Wednesday it would invest 130 million euros ($140 million) in its Eisenach assembl..
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Crop merchant Louis Dreyfus gets profit boost in volatile year
By Gus Trompiz PARIS (Reuters) -Louis Dreyfus Company (LDC) on Wednesday reported a 44% jump in 2022 net profit, joining other global ..
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Banking turmoil will not have knock-on effect on commodities -Trafigura CFO
By Julia Payne LAUSANNE, Switzerland (Reuters) -The recent rout in bank shares will not have a knock-on effect on commodities, global ..
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Britain’s Superdry sells Asia Pacific IP for $50 million
LONDON (Reuters) – Struggling British fashion brand Superdry has sold its intellectual property assets in much of the Asia Pacif..
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UK inflation rate unexpectedly rises to 10.4% in February
By William Schomberg and David Milliken LONDON (Reuters) – British inflation unexpectedly rose to 10.4% in February, pushed up b..
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Syngenta 4Q profit falls as raw material prices increase
ZURICH (Reuters) – Swiss agrichemicals and seeds group Syngenta on Wednesday reported a 25% drop in fourth quarter earnings due ..
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Jittery markets attempt risk-on rally while waiting for Powell
A look at the day ahead in European and global markets from Ankur Banerjee With about 12 hours still to go before the Fed announces it..
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India resists calls for more air access in drive to be global aviation force
By Aditi Shah and Tim Hepher NEW DELHI (Reuters) -India dampened foreign airline hopes for more access to its airports on Tuesday, wit..
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UK employers see slight fall in pay awards over 2023 – XpertHR
By Suban Abdulla LONDON (Reuters) – British employers expect pay settlements over 2023 as a whole to average 5%, down slightly f..
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Departing Intel exec to focus on loosening Nvidia’s grip on AI for movies, games
By Stephen Nellis (Reuters) -Raja Koduri, the chief architect at Intel Corp, is leaving to start a company that aims to loosen longtim..
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Some Credit Suisse AT1 bondholders seek legal advice -law firms
By Laura Matthews and Chiara Elisei (Reuters) -Law firm Pallas Partners and a Swiss counsel are working on possible legal action for s..
News
Global bank bonds claw back losses as markets rout eases
LONDON/SINGAPORE (Reuters) – An uneasy calm descended across battered bank bonds and shares on Tuesday, with prices recovering a..
Finance
Global shares jump but bank ‘whack-a-mole’ not over
By Koh Gui Qing NEW YORK (Reuters) – Global shares jumped on Tuesday after the rescue of Credit Suisse stemmed a rout in equitie..
Finance
Scratched EV battery? Your insurer may have to junk the whole car
By Nick Carey, Paul Lienert and Sarah McFarlane LONDON/DETROIT (Reuters) -For many electric vehicles, there is no way to repair or ass..
Technology
Bank shares rise after Credit Suisse rescue eases crisis
By Amanda Cooper and John Revill (Reuters) -U.S. banking stocks rose on Monday and Europe’s lenders recovered from a sharp early..
News
Microsoft unveils AI office copilot in fast-moving race with Google
By Jeffrey Dastin (Reuters) -Microsoft Corp on Thursday trumpeted its latest plans to put artificial intelligence into the hands of mo..
Technology
Analysis-Investors stick to bets on early end to ECB hikes as uncertainty grows
By Yoruk Bahceli and Naomi Rovnick AMSTERDAM (Reuters) – Investors held tight to bets that banking jitters would rein in the ECB..
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Credit Suisse $54 billion lifeline offers limited respite to global banks
By John Revill, Amanda Cooper and Tom Sims (Reuters) -Credit Suisse sought to shore up its liquidity and restore investor confidence o..
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Instant View: ECB sticks with big rate hike even as bank fears roil markets
(Reuters) – The European Central Bank pushed through another big increase in interest rates on Thursday, sticking with its quest..
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Oil prices steady as news of Saudi, Russia meeting calms investors
By Shariq Khan BENGALURU -Oil prices steadied on Thursday after dropping to near 15-month lows earlier in the session, supported by re..
Finance
Big ECB hike adds fuel to the banking sector fire
By Joice Alves LONDON (Reuters) – Euro zone bank shares hit a ten-week low on Thursday after the European Central Bank (ECB) rai..
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Explainer-Credit Suisse: How did it get to crisis point?
By Anshuman Daga (Reuters) – Credit Suisse said on Thursday it would borrow up to $54 billion from the Swiss central bank to sho..
Finance
EU announces plans to lead green industrial revolution
By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission presented the centrepieces of a strategy on Thursday to ensure its in..
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Britain announces 205 million pound auction for renewable power projects
LONDON (Reuters) – Britain’s next auction round to spur renewable power projects will be worth about 205 million pounds ($247 mi..
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Char-Broil introduces the electric smart-e for bbqs at the touch of a button
Char-broil electric smart-e with precision temperatures, tru-infrared and it cleans itself too! • E-Power: fully electric heat, just..
Technology
How clinics can turn missed calls into a revenue opportunity
Every day, healthcare clinics lose out on opportunities to connect with existing and new patients – and therefore revenue – by ..
Opinion
French inflation revised upwards in February to 7.3% – final figures
PARIS (Reuters) – French annual inflation rose to a revised 7.3% in February from 7.0% in January, partly as a result of higher ..
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Publisher Bloomsbury casts upbeat forecast, says books ‘affordable pastime’
(Reuters) -Bloomsbury Publishing Plc forecast full-year profit to be well ahead of expectations on Wednesday, encouraged by the robust..
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