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Britain’s Co-op profit slides after petrol forecourt sale

Britain’s Co-op profit slides after petrol forecourt sale

(Reuters) -Co-op, which runs Britain’s seventh-biggest supermarket chain, posted a steep drop in annual pretax profit on Thursda..

UK watchdog refers Vodafone, Three deal to in-depth probe

UK watchdog refers Vodafone, Three deal to in-depth probe

(Reuters) -Britain’s competition regulator said on Thursday it would need to open an in-depth investigation into the merger betw..

Japan’s Konica Minolta to cut 2,400 jobs, book $132 million in expenses

Japan’s Konica Minolta to cut 2,400 jobs, book $132 million in expenses

TOKYO (Reuters) – Japan’s Konica Minolta said on Thursday it will trim 2,400 jobs worldwide during the current fiscal year..

Novo says Ozempic starter kits still not available in Germany in Q2

Novo says Ozempic starter kits still not available in Germany in Q2

FRANKFURT (Reuters) – Novo Nordisk has warned that starter kits of its popular diabetes drug Ozempic will still not be available..

Mindstone announces partnership with NexGen Cloud, to help fuel sustainable innovation in the AI space

Mindstone announces partnership with NexGen Cloud, to help fuel sustainable innovation in the AI space

The partnership will allow the Mindstone community to leverage state-of-the-art virtual GPU technology provided by NexGen Cloud LONDO..

Headlines

Euro zone inflation unexpectedly eases, boosting rate cut case

Euro zone inflation unexpectedly eases, boosting rate cut case

FRANKFURT (Reuters) – Euro zone inflation fell unexpectedly last month, solidifying the case for the European Central Bank to start lowering bor..

UK supermarket sales rise 5.4%, NIQ market researcher says

UK supermarket sales rise 5.4%, NIQ market researcher says

LONDON (Reuters) – British supermarket total sales rose by 5.4% year-over-year in the four weeks to March 23 as slowing inflatio..

Diversifying companies delivered 53% higher annual shareholder returns during and after COVID

Diversifying companies delivered 53% higher annual shareholder returns during and after COVID

Study from Stryber of 738 listed businesses in Europe showed that companies which diversified their revenue streams deliver 53% highe..

Swiss Re appoints Andreas Berger as new CEO from July

Swiss Re appoints Andreas Berger as new CEO from July

ZURICH (Reuters) -Reinsurance company Swiss Re said on Wednesday Andreas Berger would become group chief executive officer from July, ..

CMA CGM acquires 10% in stake in Volvo-Renault EV joint venture, Renault says

CMA CGM acquires 10% in stake in Volvo-Renault EV joint venture, Renault says

(Reuters) – French car manufacturer Renault on Wednesday announced that shipping group CMA CGM officially joined Flexis, its par..