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Image for British retailer John Lewis says turnaround delayed by two years

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British Retailer John Lewis Says Turnaround Delayed by Two Years

Image for Swedish inflation slows in August; Riksbank still expected to hike next week

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Swedish Inflation Slows in August; Riksbank Still Expected to Hike Next Week

Image for Thyssenkrupp creates green tech division, launches performance programme

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Thyssenkrupp Creates Green Tech Division, Launches Performance Programme

Image for New Zealand’s National Party looks to cement lead 30 days out from election

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New Zealand’s National Party Looks to Cement Lead 30 Days Out From Election

Image for Carrefour sticks price warnings on food to shame suppliers

Carrefour Sticks Price Warnings on Food to Shame Suppliers

Date: September 14, 2023

Carrefour sticks price warnings on food to shame suppliers By Dominique Vidalon PARIS (Reuters) – French supermarket chain Carrefour has slapped price warnings on products from Lindt chocolates to Lipton Ice Tea to pressure top consumer goods suppliers Nestle, PepsiCo and Unilever to reduce inflation ahead of much-anticipated contract talks. Carrefour is putting stickers on...

Image for OpenAI launches office in Dublin with nine job listings

OpenAI Launches Office in Dublin With Nine Job Listings

Date: September 14, 2023

OpenAI launches office in Dublin with nine job listings By Anna Tong (Reuters) -Artificial intelligence leader OpenAI is opening an office in Dublin, the Microsoft-backed company said Thursday. It is the company’s third office. Its headquarters are in San Francisco and it announced it was opening a London office in June. The Dublin office is...

Image for Exor to buy back 1 billion euro own shares, starts with 750 million tender offer on Thursday

Exor to Buy Back 1 Billion Euro Own Shares, Starts With 750 Million Tender Offer on Thursday

Date: September 14, 2023

Exor to buy back 1 billion euro own shares, starts with 750 million tender offer on Thursday MILAN (Reuters) – Exor has approved a new share buyback program for up to one billion euros ($1.07 billion), with an initial tender for 750 million euros, the holding company of Italy’s Agnelli family said on Wednesday. “The...

Image for SoftBank’s Arm valued at $54.5 billion in year’s biggest IPO

SoftBank’s Arm Valued at $54.5 Billion in Year’s Biggest IPO

Date: September 14, 2023

SoftBank’s Arm valued at $54.5 billion in year’s biggest IPO By Echo Wang and Anirban Sen NEW YORK (Reuters) – Chip designer Arm Holdings Plc secured a $54.5 billion valuation in its U.S. initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group Corp took the company private for $32 billion. The...

Image for EU to investigate ‘flood’ of Chinese electric cars, weigh tariffs

EU to Investigate ‘flood’ of Chinese Electric Cars, Weigh Tariffs

Date: September 13, 2023

EU to investigate ‘flood’ of Chinese electric cars, weigh tariffs By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission launched an investigation on Wednesday into whether to impose punitive tariffs to protect European Union producers against cheaper Chinese electric vehicle (EV) imports it says are benefiting from state subsidies. “Global markets are now flooded with cheaper...

Image for Explainer-Why has France banned sales of Apple’s iPhone 12?

Explainer-Why Has France Banned Sales of Apple’s iPhone 12?

Date: September 13, 2023

Explainer-Why has France banned sales of Apple’s iPhone 12? By Jennifer Rigby and Martin Coulter LONDON (Reuters) – France’s radiation watchdog has banned sales of Apple’s iPhone 12 after tests that it said showed the smartphone breached European radiation exposure limits. The Agence Nationale des Fréquences (ANFR) said on Tuesday the model’s Specific Absorption Rate...