Dollar hits two-week low while battered yen stabilises
NEW YORK (Reuters) – The dollar hit a two-week low on Thursday as economic data supported expectations for quick rate cuts in th..
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UK on track to exit recession despite slower services growth, PMI data shows
LONDON (Reuters) -Britain’s economy looks on track to exit recession when official first-quarter growth data is next published, ..
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Tame Swiss inflation opens door for more SNB rate cuts, weighs on franc
ZURICH (Reuters) -Swiss inflation eased to its lowest level in two-and-a-half years in March, pushing the Swiss franc lower on market ..
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Former Gucci CEO to take minority stake in Elisabetta Franchi
MILAN (Reuters) – Former Gucci chief executive Marco Bizzarri said on Thursday he would invest in Italian fashion brand Elisabet..
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Britain’s Co-op profit slides after petrol forecourt sale
(Reuters) -Co-op, which runs Britain’s seventh-biggest supermarket chain, posted a steep drop in annual pretax profit on Thursda..
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UK watchdog refers Vodafone, Three deal to in-depth probe
(Reuters) -Britain’s competition regulator said on Thursday it would need to open an in-depth investigation into the merger betw..
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Japan’s Konica Minolta to cut 2,400 jobs, book $132 million in expenses
TOKYO (Reuters) – Japan’s Konica Minolta said on Thursday it will trim 2,400 jobs worldwide during the current fiscal year..
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Novo says Ozempic starter kits still not available in Germany in Q2
FRANKFURT (Reuters) – Novo Nordisk has warned that starter kits of its popular diabetes drug Ozempic will still not be available..
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Euro zone inflation unexpectedly eases, boosting rate cut case
Euro zone inflation unexpectedly eases, boosting rate cut case
FRANKFURT (Reuters) – Euro zone inflation fell unexpectedly last month, solidifying the case for the European Central Bank to start lowering bor..
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UK supermarket sales rise 5.4%, NIQ market researcher says
LONDON (Reuters) – British supermarket total sales rose by 5.4% year-over-year in the four weeks to March 23 as slowing inflatio..
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