German automakers fight to defend their turf from Chinese rivals
SHANGHAI/BERLIN (Reuters) -German automakers have turned up in full force at Shanghai’s Auto Show as they fight to stay on top o..
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IBM beats first-quarter profit estimates, signals demand holding up
(Reuters) -IBM Corp beat Wall Street expectations for first-quarter profit on Wednesday and signaled demand for IT services was better..
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Portugal PM welcomes Lufthansa’s interest in TAP, Scholz sees good fit
LISBON (Reuters) – Portuguese Prime Minister Antonio Costa welcomed the interest expressed by Lufthansa in the upcoming privatis..
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EU lawmakers back ban on goods linked to deforestation
By Kate Abnett BRUSSELS (Reuters) -The European Parliament approved a landmark deforestation law on Wednesday to ban imports into the ..
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Testing waters, Hungary’s central bank flags cut in top end of rate corridor
BUDAPEST (Reuters) – Hungary’s central bank could cut its 25% top collateralised loan rate next week as part of a “m..
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Euro zone services booming but sentiment recovery may have stalled -ECB’s Lane
DUBLIN (Reuters) -Growth in services across the euro zone is still accelerating but the steady improvement in business and consumer se..
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UK’s Heathrow, airlines appeal regulator’s landing fee cut
LONDON (Reuters) -A cut to the fees Britain’s Heathrow can charge airlines faces separate appeals from the airport and two of it..
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TIM shares slide as reported grid bids disappoint
ROME/MILAN (Reuters) – Shares in Telecom Italia (TIM) tumbled more than 5% on Wednesday on disappointment at the reported valuat..
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Heineken sees Europe resilience offseting Asia slowdown risk
BRUSSELS (Reuters) -Heineken maintained its forecast for 2023 profit growth with the risk of slower economic expansion in the Asia-Pac..
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Oil dips as potential Fed rate hike overshadows falling stocks
(Reuters) -Oil dropped on Wednesday as the market weighed potential interest rate hikes from the U.S. Federal Reserve that could slow ..
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