China Investment sells some shares in Teck Resources
(Reuters) – China investment corporation (CIC) said on Tuesday its wholly-owned subsidiary, Fullbloom Investment Corporation, so..
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EV batteries remain major challenge for insurers – UK’s Thatcham
LONDON (Reuters) – A lack of data on electric vehicle (EV) batteries continues to challenge insurers who are forced to scrap EVs..
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Cyber insurance rates drop 10% in June -report
LONDON (Reuters) – Cyber insurance rates dropped around 10% in June compared with a year earlier, reversing recent sharp rate ri..
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UK refutes claims it is dropping $14.76 billion climate pledge
(Reuters) -The British government said on Tuesday that claims it was dropping its International Climate Finance pledge are false, afte..
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Italy’s finances creak as budget deficit climbs in Q1
ROME (Reuters) – Italy’s budget deficit widened in the first quarter to 12.1% of gross domestic product (GDP) compared wit..
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Oil up as market weighs supply cuts against gloomy economic outlook
LONDON (Reuters) -Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia and Russ..
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German retailers face 4% slump in sales in real terms in 2023 – HDE
BERLIN (Reuters) – German retailers expect to bring in 4% less sales income this year than last in real terms as inflation remai..
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UniCredit appoints new head of digital to replace Jingle after two years
MILAN (Reuters) – UniCredit has named Ali Khan, a cloud specialist who joins from consultancy PwC, as its new head of digital an..
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Chinese smartphones sales exceed 70% of Russian market
(Reuters) – Chinese smartphones dominated the Russian market in the first half of 2023, exceeding 70% of all sales, leading con..
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Sainsbury’s says UK food inflation falling as sales rise
LONDON (Reuters) -Sainsbury’s, Britain’s second largest supermarket group, said on Tuesday food inflation was starting to ..
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