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Samsung Electronics wins cutting-edge AI chip order from Japan’s Preferred Networks
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German growth package offers limited boost, say economists
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Exxon Mobil expects second-quarter oil earnings to increase
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Euro steadies as investors weigh up French gridlock; dollar soft
Dubai’s high-end property sales undented by drop in listings, consultancy says
Date: July 8, 2024
Dubai’s high-end property sales undented by drop in listings, consultancy says DUBAI (Reuters) -The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the year despite a drop in listings, an industry report showed on Monday, as demand from the international ultra-rich stayed strong....
French asset prices swing as investors grapple with election result
Date: July 8, 2024
French asset prices swing as investors grapple with election result By Harry Robertson, Alun John and Dhara Ranasinghe LONDON (Reuters) -French shares and bond prices turned higher in early trading on Monday after initial falls as investors digested elections which left France facing a hung parliament and the prospect of taxing negotiations to form a...
Ocado builds on Aeon partnership with plans for third robotic warehouse
Date: July 8, 2024
Ocado builds on Aeon partnership with plans for third robotic warehouse LONDON (Reuters) – British online supermarket and technology group Ocado said on Monday it had boosted its partnership with Japan’s Aeon with plans to build a third robotic warehouse. The third customer fulfilment centre (CFC), as Ocado calls them, will be in Kuki-Miyashiro, the...
Exclusive-NATO will need 35-50 extra brigades under new defence plans, source says
Date: July 8, 2024
Exclusive-NATO will need 35-50 extra brigades under new defence plans, source says By Sabine Siebold WASHINGTON (Reuters) – NATO will need between 35 and 50 extra brigades to fully realise its new plans to defend against an attack from Russia, a military source told Reuters. The source, speaking on condition of anonymity, declined to provide...
Fewer UK companies plan to increase prices, survey shows
Date: July 8, 2024
Fewer UK companies plan to increase prices, survey shows LONDON (Reuters) – Fewer British firms plan to raise their prices in the coming months, according to a survey that will give reassurance to the Bank of England as it considers the possibility of cutting interest rates as soon as next month. In a latest sign...
North Sea oil producers urge Labour’s Starmer for tax clarity
Date: July 5, 2024
North Sea oil producers urge Labour’s Starmer for tax clarity By Ron Bousso LONDON (Reuters) – North Sea oil and gas producers urged Britain’s incoming Prime Minister Keir Starmer to provide clarity on his election promise to increase tax on the sector, warning it could lead to a rapid decline in output and revenue. Starmer’s...