Swiss bank EFG on course for record profit, CEO says
ZURICH (Reuters) -EFG International is on course to beat last year’s net profit and record its most profitable year, the Swiss p..
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Banks, construction shares lead rebound in Europe’s STOXX 600
(Reuters) – Europe’s main stock index opened higher on Wednesday after a three-session decline, as construction and bank s..
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Dollar touches one-week low as safety bid, ‘Trump trade’ momentum ebb
By Kevin Buckland TOKYO (Reuters) -The U.S. dollar slipped to a one-week low versus major peers on Wednesday, looking to extend a thre..
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UK retail warns of inflation and job losses from budget, seeks Reeves meeting
LONDON (Reuters) – Britain’s biggest retailers have written to finance minister Rachel Reeves to warn her that last month&..
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Global shares soft; dollar, bond yields hold near multi-month highs
By Samuel Indyk and Rae Wee LONDON (Reuters) -The U.S. dollar and bond yields held near multi-month peaks on Monday on expectations th..
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Portugal airline TAP’s profit drops on forex losses, higher wage costs
LISBON (Reuters) – Portugal’s flag carrier TAP reported a 35% slump in third-quarter net profit on Monday to 118 million e..
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China and Britain enjoy vast space for cooperation, Xi tells Starmer
BEIJING (Reuters) – Chinese President Xi Jinping told British Prime Minister Keir Starmer Monday that the two countries enjoy a ..
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UK creates new businesses at slowest rate since 2010
LONDON (Reuters) – Britons started new businesses last year at the slowest rate since 2010, a potential warning sign for longer-..
Business
Philippines urges residents to flee as super typhoon Man-Yi strengthens on approach
MANILA (Reuters) -Philippine authorities issued an urgent appeal on Saturday for residents in low-lying areas and coastal towns to mov..
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TikTok parent ByteDance’s valuation hits $300 billion, sources say
By Echo Wang and Chandni Shah (Reuters) -TikTok’s parent company ByteDance is valuing itself at about $300 billion, after it rec..
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