Europe’s rush for rate cuts shifts global market power away from US
LONDON (Reuters) – The Bank of England has sent a new signal that borrowing costs will fall earlier and further across Europe th..
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Telefonica tops forecast with 79% surge in Q1 profit
MADRID (Reuters) – Spain’s Telefonica beat forecasts with a 79% surge in first-quarter net profit on Thursday as higher fe..
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Brembo Q1 operating profit rises on record sales
(Reuters) – Italian premium brake maker Brembo posted on Thursday an 8.5% yearly increase in first-quarter operating profit as r..
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Stocks stall near record highs, pound poised for BoE
LONDON (Reuters) – World stocks were taking a well-earned breather on Thursday after a strong few weeks and ahead of a Bank of E..
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Spain’s BBVA turns hostile with $13 billion takeover bid for Sabadell
MADRID (Reuters) -Spanish bank BBVA presented a 12.23 billion euro ($13.11 billion) takeover offer for rival Sabadell directly to shar..
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ITV forecasts 12% jump in Q2 ad revenue on Euros demand
LONDON (Reuters) – Britain’s ITV said its advertising revenue would jump by around 12% in the second quarter, four times t..
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TIM CEO sees potential benefits of almost 5 billion euros from new business plan – paper
ROME (Reuters) – The CEO of Telecom Italia (TIM) said in an interview on Thursday he sees potential additional benefits of almos..
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Platinum set for biggest deficit in a decade in 2024, says Johnson Matthey
(Reuters) – The platinum market faces its largest supply shortfall in 10 years in 2024 as shipments from Russia return to normal..
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FTSE 100 hits record high, pound slips ahead of BoE verdict
(Reuters) -The UK’s FTSE 100 benchmark stock index scaled new highs on Wednesday following upbeat corporate updates while invest..
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Puma upbeat on growing demand, shares jump
(Reuters) -A return to growth in the Americas helped Puma meet first-quarter sales forecasts and its order book for the rest of the ye..
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