Finnair to raise $632 million to shore up finances
STOCKHOLM (Reuters) -Finnish airline Finnair said on Friday it planned to raise up to 600 million euros ($632 million) in a rights is..
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Explainer-Why are British lender Metro Bank’s shares plunging?
LONDON (Reuters) – Mid-sized British lender Metro Bank saw its shares plunge more than 25% on Thursday following reports it is t..
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Oil prices fall again; demand worries outweigh tight supply
HOUSTON (Reuters) -Oil prices fell about 2% on Thursday, extending the previous session’s nearly 6% losses, as an uncertain de..
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UK to examine Amazon and Microsoft’s cloud dominance
LONDON (Reuters) -Britain’s media regulator on Thursday asked the country’s antitrust authority to investigate U.S. tech g..
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Analysis-When, not if, Europe copies Wall Street share trading reform
LONDON (Reuters) – The European Union, Britain and Switzerland have little choice but to copy Wall Street in speeding up share t..
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Citigroup outlines layoff process, reassignments as overhaul takes shape
NEW YORK (Reuters) -Citigroup managers are reviewing staff rosters to determine by November who will stay in place, be reassigned or l..
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Dollar, stocks slip amid still tight U.S. labor market
NEW YORK/LONDON (Reuters) -The dollar eased and a gauge of global equities slipped on Thursday as investors grappled with U.S. unemplo..
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‘Greedy beast’ of inflation not yet defeated, Bundesbank chief says
FRANKFURT (Reuters) – Euro zone inflation is falling but the fight is not yet won and the high rate of underlying price growth r..
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Pound dips after weak UK construction data, BoE survey
LONDON (Reuters) – The British pound dipped against the U.S. dollar and the euro on Thursday after data showed the biggest slum..
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Alstom cash flow warning wipes $3 billion off train maker’s value
(Reuters) -Alstom’s shares plunged by as much as 38% in Paris on Thursday after the French train maker slashed its full-year fre..
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