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German Industrial Orders Fall 1.5% in October
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Morning Bid: Bitcoin's Clean Break
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Exclusive-Germany's BayWa Targets $4.2 Billion in Proceeds From Asset Sales, Presentation Shows
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France's Government Collapses After Losing Confidence Vote
Business Leaders Fear Recession, Labour Shortages, World Economic Forum Says
Date: December 5, 2024
LONDON (Reuters) - Business leaders globally are worried about the risk of recession, labour shortages and rising inflation, despite some signs of improvement in economic conditions, a World Economic...
French Government Collapse Raises Questions Over Ukraine Support
Date: December 5, 2024
PARIS (Reuters) - The fall of France's government on Wednesday and the failure to pass a budget could make it difficult for Paris to ramp up its support for Ukraine despite President Emmanuel Macron's...
Global Billionaire Wealth Leaps, Fueled by US Gains, UBS Says
Date: December 5, 2024
ZURICH (Reuters) - The wealth held by the world's billionaires jumped by about 17% over the past year, as significant gains among the super rich in the United States more than offset a decline in...
Airbus Cuts 2,000 Defence and Space Jobs, Taming Earlier Plans
Date: December 5, 2024
By Tim Hepher PARIS (Reuters) - Airbus announced just over 2,000 job cuts in Defence and Space, or about 5% of its second-largest division, as it reels from U.S. competition in the satellites sector...
Britain Drug-Cost Watchdog Says It Will Recommend Lilly Obesity Drug
Date: December 5, 2024
By Maggie Fick LONDON (Reuters) - Britain's drugs cost-effectiveness watchdog NICE said on Thursday it will recommend Eli Lilly's obesity drug Mounjaro be made available to around 220,000 people in...
Commerzbank CEO Says Europe Needs Bigger Banks, but Conditions Not Right
Date: December 5, 2024
LONDON (Reuters) -Commerzbank's CEO said on Wednesday that Europe needed bigger banks to compete with U.S. rivals, but repeated that her own company was better off alone in the face of interest from...