UK’s Sainsbury’s cuts more prices, adding to signs of abating inflation
LONDON (Reuters) -British supermarket Sainsbury’s cut more prices on Monday, adding to evidence that a surge in food inflation w..
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Yara postpones clean ammonia IPO after weak valuation
OSLO (Reuters) -Norway’s Yara has postponed a planned initial public offering of its Yara Clean Ammonia (YCA) business by one or..
Industries
German business sentiment points to likelihood of longer recession
BERLIN (Reuters) -German business morale worsened for the second consecutive month in June, a survey showed on Monday, indicating that..
Industries
AB Foods raises profit outlook as Primark gets summer boost
LONDON (Reuters) -Associated British Foods raised its full year profit outlook on Monday with its Primark fashion business boosted by ..
Industries
Euronext to sell 11.1% stake in LCH SA to LCH Group
PARIS (Reuters) -European stock market operator Euronext said on Monday it had agreed to sell its 11.1% stake in the European operatio..
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Analysis-After the buzz, investors are doing their own homework on AI
MILAN (Reuters) – The rapid adoption of generative artificial intelligence has boosted markets this year, but after the initial ..
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PwC Australia says staff involved in tax leak face ‘severe’ consequences
SYDNEY (Reuters) -PricewaterhouseCoopers Australia staff who are found to have acted improperly in a scandal over the leaking of gover..
Industries
Desperately seeking staff: Paris Airshow lets jobless in for free
PARIS (Reuters) – Jean Blondin usually attends the world’s largest air show to find new contracts. This year, he has made ..
Industries
Explainer-Top Indian startup Byju’s battles auditor criticism, board exits
MUMBAI (Reuters) – Education technology giant Byju’s, one of India’s biggest startups valued at $22 billion last yea..
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Mitsubishi sees no Sakhalin-2 LNG operational issues after Shell exit
TOKYO (Reuters) – Japan’s Mitsubishi Corp expects no operational problems at the Sakhalin-2 liquefied natural gas (LNG) pr..
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