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German perfume retailer Douglas plans $1.2 billion IPO by March end

German perfume retailer Douglas plans $1.2 billion IPO by March end

FRANKFURT(Reuters) – German perfume retailer Douglas said on Monday it will pursue a 1.1 billion euro (about $1.2 billion) initi..

Swiss National Bank loses $3.6 billion in 2023

Swiss National Bank loses $3.6 billion in 2023

ZURICH (Reuters) -The Swiss National Bank posted an annual loss of 3.2 billion Swiss francs ($3.62 billion) for 2023, the central bank..

Evonik says recovery unlikely in 2024, plans 2,000 job cuts

Evonik says recovery unlikely in 2024, plans 2,000 job cuts

(Reuters) – German chemicals group Evonik Industries said on Monday it expected no signs of a recovery in 2024 and announced up ..

Marketmind: Looming event risk can’t stop Nikkei topping 40,000

Marketmind: Looming event risk can’t stop Nikkei topping 40,000

A look at the day ahead in European and global markets from Wayne Cole. It’s been a largely risk-on start to a week packed with ..

M&A may breathe new life into Europe’s neglected telecoms

M&A may breathe new life into Europe’s neglected telecoms

M&A may breathe new life into Europe’s neglected telecoms By Danilo Masoni MILAN (Reuters) – A series of potential dea..

Analysis – G20 optimism on global outlook gives BOJ impetus for early stimulus exit

Analysis – G20 optimism on global outlook gives BOJ impetus for early stimulus exit

SAO PAULO (Reuters) – The G20 finance leaders’ upbeat take on the global economic outlook will likely give Bank of Japan G..

Oil rises almost 2% as markets await OPEC+ decision

Oil rises almost 2% as markets await OPEC+ decision

LONDON (Reuters) -Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply agreements fo..

German government needs TikTok, Scholz says, as AfD surges in polls

German government needs TikTok, Scholz says, as AfD surges in polls

BERLIN (Reuters) – German Chancellor Olaf Scholz said he wants the government to open an account on TikTok, with concerns about ..

Headlines

China approves plan aimed at spurring investment and spending

China approves plan aimed at spurring investment and spending

BEIJING (Reuters) -China’s cabinet on Friday approved a plan aimed at promoting large-scale equipment upgrades and sales of consumer goods, stat..

Stocks hold at record highs as traders bet on rate cuts

Stocks hold at record highs as traders bet on rate cuts

LONDON SYDNEY (Reuters) -Global shares drifted around record highs on Friday after U.S. and euro zone inflation data and weak global f..