01

Dec

Euro zone factory downturn eased a touch in November -PMI

LONDON, Dec 1 (Reuters) - The broad-based downturn in euro zone manufacturing activity eased slightly last month but the sector remained deeply rooted in contractionary territory, prompting factories to trim…

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01

Dec

Zara founder buys Amazon logistics centre in Dublin for $245 mln

MADRID, Dec 1 (Reuters) - Spanish billionaire and Zara founder Amancio Ortega has bought a logistics centre mainly used by Amazon in Dublin, Ireland, for 225 million euros ($244.98 million),…

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01

Dec

Brazil to join OPEC+ but won’t cap oil output, Petrobras CEO says

RIO DE JANEIRO, Dec 1 (Reuters) - Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take part in the group's coordinated output…

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01

Dec

Adidas Releases Special Edition Predator 30 Boot to celebrate 30 anniversary

Adidas has just revealed the new Predator 30, a special edition pack celebrating three decades of innovation for football’s most legendary boot franchise. Originally launched in 1994, Predator redefined an…

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01

Dec

Japan aircon king Daikin looks to custom chips for energy savings

By Sam Nussey and Miho Uranaka TOKYO, Dec 1 (Reuters) - Japanese air conditioner maker Daikin Industries 6367.T is turning to custom-made semiconductors to eke out energy savings, as companies…

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01

Dec

Israel’s El Al in ’emergency mode’ since start of war

JERUSALEM, Nov 30 (Reuters) - El Al Israel Airlines has been operating in crisis mode since the start of Israel's conflict with Hamas militants last month, the company said on…

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01

Dec

Lufthansa seeks EU antitrust approval for ITA Airways stake purchase

By Ilona Wissenbach, Angelo Amante and Giuseppe Fonte FRANKFURT/ROME, (Reuters) - Lufthansa AG and Italy sought EU antitrust approval for the German airline to buy a controlling minority stake in…

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01

Dec

Pfizer is sued by Texas over COVID vaccine claims

By Jonathan Stempel  (Reuters) - Pfizer has been sued by Texas Attorney General Ken Paxton, who accused the drugmaker of misrepresenting the efficacy of its widely-used COVID-19 vaccine. In a…

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01

Dec

Oil prices set for sixth straight weekly fall as OPEC+ cuts underwhelm

Dec 1 (Reuters) - Oil prices extended losses on Friday, and looked set for a sixth straight week of declines, as voluntary oil output cuts agreed by OPEC+ producers fell…

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01

Dec

Gold set for 3rd weekly gain

By Harshit Verma Dec 1 (Reuters) - Gold prices were set to mark a third straight weekly rise on Friday, after data showing cooling inflation cemented bets for a rate…

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01

Dec

Inactive Google accounts to be deleted from Friday

Old Google accounts that have not been used for a couple of years could soon be deleted. Google is going to be getting rid of them, starting from Friday, under…

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01

Dec

OPEC+ agrees to deepen voluntary oil output cuts

By Alex Lawler, Olesya Astakhova, Maha El Dahan and Ahmad Ghaddar LONDON/MOSCOW/DUBAI (Reuters) - OPEC+ oil producers on Thursday agreed to voluntary output cuts totalling about 2.2 million barrels per…

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30

Nov

ECB haunted by bond buys in Swedish property crisis

By John O'Donnell and Francesco Canepa FRANKFURT, Nov 30 (Reuters) - A debt crunch at Swedish property group SBB has left the European Central Bank at risk of losses and…

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30

Nov

Italy Oct jobless rate rises to 7.8%, despite 27,000 jobs created

Nov 30 (Reuters) - Italy's unemployment rate rose to 7.8% in October from an upwardly revised 7.6% the month before, data showed on Thursday, even though some 27,000 jobs were…

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30

Nov

Lamborghini is TopGear.com Manufacturer of the Year

Automobili Lamborghini is announced Manufacturer of the Year in the BBC’s TopGear.com Awards 2023.  TopGear described Lamborghini as, “understanding the current super sports car landscape better than anyone. It understands…

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30

Nov

German unemployment rises in November amid economic downturn

By Maria Martinez Nov 30 (Reuters) - The number of unemployed people in Germany rose in line with analysts' expectations in November, Labour Office figures showed on Thursday. The Federal…

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30

Nov

Lufthansa and ITA ready to give up Milan slots for merger

FRANKFUT/ROME/BRUSSELS, Nov 30 (Reuters) - Lufthansa and the Italian state airline ITA Airways could give up take-off and landing slots at Milan-Linate airport to try and win approval for their…

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30

Nov

Euro zone inflation tumbles, pitting ECB against markets

FRANKFURT, Nov 30 (Reuters) - Euro zone inflation tumbled far more than expected this month, a challenge to the European Central Bank's narrative that price growth remains stubborn and likely…

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30

Nov

Microsoft’s $3.2 bln UK investment to drive AI growth

LONDON, Nov 30 (Reuters) - Microsoft's plan to pump 2.5 billion pounds ($3.2 billion) into Britain over the next three years, its single largest investment in the country to date,…

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30

Nov

Alfa Romeo Tonale chosen as the Italian Police’s new “Pantera”

The new Alfa Romeo Tonale in Polizia di Stato livery has arrived on the roads of Italy. A “Pantera” (‘Panther’) with a sporty, eye-catching style, soon to be used by…

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30

Nov

Singapore, Zurich world’s most expensive cities – EIU

HONG KONG, Nov 30 (Reuters) - Singapore and Zurich tied for the world's most expensive city this year, followed by Geneva, New York and Hong Kong, the Economist Intelligence Unit…

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30

Nov

Lufthansa Technik to remain sole property of Lufthansa

Nov 30 (Reuters) - Lufthansa is to remain the sole shareholder of its aircraft maintenance business Lufthansa Technik after more than a year of deliberations on a possible divestment, the…

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30

Nov

Cristiano Ronaldo faces $1bn lawsuit over Binance ads

Footballer Cristiano Ronaldo is facing a class action lawsuit in the US over his promotion of Binance, the largest cryptocurrency exchange in the world. The plaintiffs claim his endorsement led…

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30

Nov

Gold, silver on track for 2nd straight month of gains

By Harshit Verma Nov 30 (Reuters) - Gold prices consolidated in a tight range on Thursday, hovering close to a near seven-month high, as investors awaited a key inflation print…

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30

Nov

Oil steady, market eyes OPEC+ meet, weighs weak demand indicators

By Laura Sanicola and Jeslyn Lerh SINGAPORE, Nov 30 (Reuters) - Oil was little changed on Thursday as investors remained cautious ahead of expected production cuts by the OPEC+ group…

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29

Nov

UK consumers increase borrowing at fastest pace in 5 years

LONDON, Nov 29 (Reuters) - British consumers increased the pace of their borrowing by the most in five years in the 12 months to October, according to Bank of England…

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29

Nov

Italy November business morale lowest since April 2021, but consumers perk up

ROME, Nov 29 (Reuters) - Morale amongst Italian businesses fell for a fourth month running in November to its lowest level since 2021 but consumer confidence picked up, data showed…

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29

Nov

Uber tries to win over London black cabs

LONDON, Nov 29 (Reuters) - Uber will open up its platform to London's black cabs next year, the ride-hailing firm said on Wednesday, trying to win over the British capital's…

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29

Nov

Global growth to slow but avoid a hard landing -OECD

By Leigh Thomas PARIS, Nov 29 (Reuters) - The global economy will slow slightly next year but the risk of a hard landing has subsided despite high levels of debt…

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29

Nov

Sweden in recession

STOCKHOLM, Nov 29 (Reuters) - Sweden's economy slumped into recession in the third quarter, contracting 0.3% from the previous one, the statistics office said on Wednesday, as higher interest rates…

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29

Nov

Lancia to reveal new Ypsilon small car in February in European comeback plan

Lancia said it would reveal its new Ypsilon small car in February, the first of three new premium models promised by the brand as part of a multi-year relaunch plan…

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29

Nov

Euro zone economic sentiment inches up in November

BRUSSELS, Nov 29 (Reuters) - Euro zone economic sentiment increased slightly for a second consecutive month in November, in line with expectations, as a modest up-tick of the mood in…

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29

Nov

UK regulator: some branded grocery suppliers pushed up prices more than costs

LONDON, Nov 29 (Reuters) - Britain's antitrust regulator said on Wednesday some branded grocery suppliers had pushed up prices by more than their costs increased, but in most cases, shoppers…

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29

Nov

Saudi Arabia wins bid for 2030 world fair

By Elizabeth Pineau and Manuel Ausloos PARIS, (Reuters) - The Saudi Arabian capital of Riyadh won the right to host the Expo 2030 world fair, vote results showed on Tuesday,…

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29

Nov

Oil slightly higher as OPEC+ awaited, Black Sea storm disrupts supply

By Yuka Obayashi and Muyu Xu TOKYO/SINGAPORE, Nov 29 (Reuters) - Oil edged higher on Wednesday as investors turned cautious ahead of a crucial OPEC+ meeting to decide output policy…

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29

Nov

Virgin Atlantic jet lands after maiden transatlantic flight on low-carbon fuel

Virgin Atlantic jet lands in New York City on Tuesday afternoon Sustainable aviation fuel (SAF) accounts for less than 0.1% of total global jet fuel use First time a commercial…

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29

Nov

Gold hits near 7-month peak as dollar

By Harshit Verma Nov 29 (Reuters) - Gold prices touched a nearly seven-month high on Wednesday propelled by an extended decline in the U.S. dollar and bond yields as investors…

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28

Nov

IAEA says a dozen countries to be equipped with nuclear power

A dozen countries are expected to start producing electricity from nuclear power sources within the next few years, the director general of the International Atomic Energy Association (IAEA) Rafael Mariano…

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28

Nov

Microsoft’s New Wave of AI Advancements Presented at Microsoft Ignite 2023

Eight months ago, Microsoft introduced Copilot for Microsoft 365 to help people focus on uniquely human work. Eight months down the line, a combination of surveys and experiments are already…

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28

Nov

The EU’s ETS Directive: Logistics Sector Expecting Stronger Lobbying At EU Level

“We will have to wait till the 1st January 2024 to start understanding the real effects that the EU’s European Emissions Trading System Directive is going to have on our…

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28

Nov

ELT Sector On Path To Full Recovery: One School’s Journey Towards Renewed Growth

A recent newsletter issued by the ELT Council to all English teaching organisations highlighted a sense of optimism that seems to be felt within the industry due to the fact…

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28

Nov

Greek shippers exit Russian oil trade as U.S. tightens price cap scrutiny

Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S. sanctions now being imposed on some shipping firms carrying Russian oil, four…

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27

Nov

Microsoft Windows turns 40

Microsoft Windows just hit a major milestone — its 40th birthday. On Nov. 10, 1983, Microsoft unveiled the first version of Windows. It was an extension of the software company’s…

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27

Nov

Valneva says EU regulator accepts its chikungunya vaccine application

Nov 27 (Reuters) - French drugmaker Valneva said on Monday that the application for its vaccine candidate against mosquito-borne viral disease chikungunya was accepted by the European Medicines Agency (EMA)…

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27

Nov

Brent slips toward $80/bbl ahead of OPEC+ meeting

By Florence Tan SINGAPORE, Nov 27 (Reuters) - Oil prices slipped on Monday, with Brent falling toward $80 a barrel, as investors awaited the OPEC+ meeting later this week for…

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27

Nov

Gold atop 6-month peak on softer US dollar, Silver up over 1%

By Harshit Verma Nov 27 (Reuters) - Gold prices climbed a six-month peak on Monday, supported by a weaker U.S. dollar and on bets that the U.S. Federal Reserve is…

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26

Nov

Deal avoids Brussels Airlines strike in December

Brussels Airlines cabin crew have called off their strike scheduled for 1, 2 and 3 December after a labour agreement was found between management and unions, the Belga News Agency…

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26

Nov

Rihanna’s Creeper is Back

Rihanna’s iconic creeper is finally back. But this time, it’s bigger, bolder and phatter than ever.  Imagined, designed, and named by Rihanna, the Creeper Phatty takes the classic Creeper to…

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25

Nov

German business sentiment improves in November – Ifo

BERLIN, (Reuters) - German business morale improved for a third straight month in November, the Ifo institute said after its latest survey, adding there had been no impact "for the…

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25

Nov

Which crypto bosses besides Binance’s CZ are in US authorities’ crosshairs?

By Niket Nishant, Hannah Lang and Tom Wilson  (Reuters) - Binance chief Changpeng Zhao will step down and plead guilty to breaking criminal U.S. anti-money laundering laws as part of…

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25

Nov

Liquigas Malta announces passing away of its Managing Director, Luciano Garbini

Liquigas Malta Limited has announced the passing away of its Managing Director, Luciano Garbini, In a statement, the company described Mr Garbini as an integral part of its organisation, serving…

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25

Nov

Italy needs to get tougher on debt, deficit -IMF’s Georgieva

ROME, (Reuters) - Italy should be taking tougher action to deal with its deficit and debt levels, the head of the International Monetary Fund (IMF) said in an interview published…

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24

Nov

Nissan to invest $1.4 bln to build two new EV models in Britain

By Nick Carey LONDON, Nov 24 (Reuters) - Nissan 7201.T said on Friday it will invest 1.12 billion pounds ($1.4 billion) to build electric versions of two popular crossover models…

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24

Nov

Turkish Airlines low-cost ‘AJet’ carrier to launch flights next year

ISTANBUL, Nov 24 (Reuters) - Turkish Airlines said on Friday its budget carrier AnadoluJet will begin operating next year under the name of AJet and compete in the global low-cost…

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24

Nov

Sterling nears three-month high; UK consumers more upbeat

By Amanda Cooper LONDON, Nov 24 (Reuters) - The pound rose on Friday nearing its highest in almost three months, lifted in part by a broad-based retreat in the dollar,…

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24

Nov

Thousands of HSBC customers in Britain report mobile banking outages

By Lawrence White LONDON, Nov 24 (Reuters) - Thousands of HSBC customers in Britain on Friday reported they were unable to access some mobile and online banking services, the latest…

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24

Nov

Barclays working on $1.25 bln cost plan, could cut up to 2,000 jobs

Barclays working on $1.25 billion cost savings plan Bank considering job cuts at Barclays Execution Services Unit aimed at improving efficiency has become bloated Barclays' share price has fallen 26%…

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