Shares climb, bonds rally as September Fed rate cut chances grow
By Lawrence White LONDON (Reuters) -Shares climbed and bond yields dipped on Wednesday following cautious but encouraging remarks on i..
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BP Energy Outlook: both main scenarios see 2025 oil peak, rapid renewables growth
By Ron Bousso LONDON (Reuters) – BP expects oil demand to peak next year and wind and solar capacity to grow rapidly in both of ..
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Oil edges higher on likely US inventory drawdown
By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose on Wednesday on expectations that U.S. crude and gasoline inventories fell last we..
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Alstom wins $3 billion order to deliver metro trains in Hamburg
(Reuters) – Alstom has signed a framework agreement worth up to 2.8 billion euros ($3.0 billion) to deliver 374 new metro train..
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Morning Bid: Turning the corner in the inflation fight
A look at the day ahead in European and global markets from Rae Wee Central bankers across the globe are finally showing increasing c..
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Asia shares rise; kiwi slumps after RBNZ’s less hawkish tone
By Rae Wee and Sameer Manekar SINGAPORE (Reuters) -Asian stocks hovered near two-year highs on Wednesday on growing bets of imminent ..
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Thai finance minister says economy not good, with growth worsening
BANGKOK (Reuters) -Thailand’s economy has not been good for a long time, with growth deteriorating as it faces structural probl..
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Volkswagen may close Brussels factory as low EV demand hits Audi
By Victoria Waldersee and Christina Amann BERLIN (Reuters) -Volkswagen on Tuesday warned it may close the Brussels site of its luxury..
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Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says
Global PC shipments rise in second quarter, Apple sees biggest jump, IDC says (Reuters) – Global shipments of personal computers..
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Exclusive-Fed considers rule tweak that could save biggest US banks billions in capital
By Pete Schroeder WASHINGTON (Reuters) -The U.S. Federal Reserve is considering a rule change that could save the country’s eigh..
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Factbox-European companies cut jobs as economy sputters
(Reuters) -Elevated levels of inflation and the impact of the war in Ukraine have forced companies across Europe to freeze hiring or c..
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Novo Nordisk shares down after analysis finds Lilly drug leads to better weight loss
LONDON (Reuters) – Shares in Novo Nordisk, maker of the wildly popular obesity drug Wegovy were down 1.1% on Tuesday after the ..
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Porsche AG reports sharp fall in China deliveries
(Reuters) -German sportscar maker Porsche said on Tuesday that global vehicle deliveries were down 7% in the first half of the year c..
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UK’s Capita surges about 23% on sale of software business
(Reuters) -Shares in Capita jumped nearly 23% in early trading on Tuesday after the British outsourcing firm agreed to sell its stand..
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Germany needs $325 billion of power grid investments by 2050, KfW says
FRANKFURT (Reuters) – Germany needs investments of around 300 billion euros ($325 billion) by the middle of the century to equi..
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Stellantis to expand hybrid vehicle line to meet growing demand
PARIS (Reuters) – Stellantis said on Tuesday it would expand its line of affordable hybrid vehicles to 36 models in Europe by 2..
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Samsung Electronics wins cutting-edge AI chip order from Japan’s Preferred Networks
SEOUL (Reuters) – Samsung Electronics said on Tuesday it won an order from Japanese artificial intelligence company Preferred N..
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Dubai’s high-end property sales undented by drop in listings, consultancy says
DUBAI (Reuters) -The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the year desp..
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German growth package offers limited boost, say economists
By Maria Martinez and Christian Kraemer BERLIN (Reuters) – Germany’s new economic growth package will fall short of the o..
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French asset prices swing as investors grapple with election result
By Harry Robertson, Alun John and Dhara Ranasinghe LONDON (Reuters) -French shares and bond prices turned higher in early trading on ..
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Ocado builds on Aeon partnership with plans for third robotic warehouse
LONDON (Reuters) – British online supermarket and technology group Ocado said on Monday it had boosted its partnership with Jap..
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Exclusive-NATO will need 35-50 extra brigades under new defence plans, source says
By Sabine Siebold WASHINGTON (Reuters) – NATO will need between 35 and 50 extra brigades to fully realise its new plans to defe..
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Fewer UK companies plan to increase prices, survey shows
LONDON (Reuters) – Fewer British firms plan to raise their prices in the coming months, according to a survey that will give re..
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North Sea oil producers urge Labour’s Starmer for tax clarity
By Ron Bousso LONDON (Reuters) – North Sea oil and gas producers urged Britain’s incoming Prime Minister Keir Starmer to ..
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UniCredit CEO says M&A is a possibility, not a must
ROME (Reuters) – UniCredit is willing to consider M&A opportunities if financial conditions are right, but they are not a m..
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Chery launches 28,000 euro crossover SUV in Italy as it plans Europe expansion
MILAN (Reuters) – China’s Chery Auto is starting sales in Italy with a petrol version of its Omoda 5 crossover SUV, price..
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NATO summit to push for standardizing shells
By Sabine Siebold BRUSSELS (Reuters) – NATO is set to issue its first ever defence industrial pledge at its Washington summit o..
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Oil prices on track for fourth straight week of gains
SINGAPORE (Reuters) – Oil prices were little changed in Asian trade on Friday but were on track for a fourth straight week of g..
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Bitcoin hits 2-month low on election uncertainty, Mt Gox flows
By Sameer Manekar (Reuters) – Bitcoin slid to a two-month low on Thursday, extending a month-long fall, as uncertainty over U.S..
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Swiss price regulator puts UBS under observation
ZURICH (Reuters) -Switzerland’s pricing supervisor has put UBS under observation following its takeover of Credit Suisse, the r..
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Russia swelters in heat wave, Moscow breaks 1917 record for early July
MOSCOW (Reuters) – Russians were braving some of the hottest weather seen in more than a century on Thursday with Moscow breaki..
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UK’s Barclays to sell German consumer finance business
(Reuters) -Barclays is selling its German consumer finance business to Austrian bank BAWAG Group AG for a small premium to net assets..
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Ericsson to book $1.1 billion impairment on weaker outlook for Vonage
(Reuters) -Mobile telecoms equipment maker Ericsson said on Wednesday it will record a noncash impairment charge of 11.4 billion Swed..
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Dollar on defensive after soft data, battered yen under watch
By Brigid Riley TOKYO (Reuters) – The dollar was on the back foot on Thursday after U.S. economic data continued to point to sl..
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World stocks rise on rate cut bets, yen flounders at 38-year lows
LONDON (Reuters) -Shares around the world rose on Wednesday as comments from Federal Reserve Chair Jerome Powell reinforced expectatio..
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Sterling set for fifth daily rise ahead of UK election
LONDON (Reuters) – The pound rose on Wednesday, taking advantage of a softening in the dollar and a reading of business activit..
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Development banks get ratings boost on climate clauses and hybrid bonds
By Marc Jones LONDON (Reuters) – The World Bank and other top development banks got a double boost on Tuesday as Fitch said deb..
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