In the Market: Financiers fret over ‘leverage on leverage’ in private credit
(Reuters) -To some elite financiers who gathered in Los Angeles for the Milken Institute conference, a debt binge in private markets i..
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Japan’s SoftBank swings to quarterly profit, eyes on Arm unit
TOKYO (Reuters) -Technology investor SoftBank Group swung to a net profit in the final quarter of its financial year, it said on Monda..
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Germany says cybercrime by foreign actors rose by 28% in 2023
BERLIN (Reuters) – Cybercrime by foreign perpetrators surged in Germany in 2023, rising by 28% on the previous year, data releas..
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Amazon to invest $1.3 billion in France, create 3,000 jobs
STOCKHOLM (Reuters) – Amazon said on Monday it would invest more than 1.2 billion euros ($1.3 billion) in its French operations ..
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UK’s Rightmove cuts 2024 revenue per advertiser forecast on tough market conditions
(This May 10 story has been corrected to say ‘revenue per advertiser’ forecast, not ‘ad revenue’ forecast, in ..
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Microsoft to invest 4 billion euros in France
PARIS (Reuters) – Technology and software giant Microsoft will invest 4 billion euros ($4.3 billion) in France as part of the an..
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Floods kill 37 in Indonesia’s West Sumatra, 17 missing
TANAH DATAR (Reuters) – Flash floods and mud slides in Indonesia’s West Sumatra province killed at least 37 people this we..
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Currency market calm as US inflation data holds focus this week
TOKYO (Reuters) – Major currencies were steady on Monday with the dollar consolidating against peers, as market participants awa..
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UK employers plan 4% pay rises in coming year, survey shows
LONDON (Reuters) – British employers expect to raise wages by 4% over the coming 12 months, a similar rate to three months ago, ..
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Novavax signs COVID-19 license deal with Sanofi, removes doubt about business viability
PARIS (Reuters) -Novavax on Friday erased doubts about its ability to remain in business and struck a licensing deal worth up to $1.2 ..
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