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UK baker Greggs confident on 2023 after first-half growth
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Covestro sees 2023 EBITDA at lower end of forecast range
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UK regulator seeks public input on Microsoft-Activision deal
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US futures inch up; stock markets ride higher on cooler inflation
Canada’s Trudeau sets sights on fourth election fight with Cabinet refresh
Date: July 31, 2023
Canada’s Trudeau sets sights on fourth election fight with Cabinet refresh By Steve Scherer OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau made massive changes to his cabinet last week in a move political analysts say is more theater than substance, but the Liberal leader’s close advisers say it shows his determination to seek a fourth...
Boeing supplier Senior sees strong H2 as demand picks up, supply issues ease
Date: July 31, 2023
Boeing supplier Senior sees strong H2 as demand picks up, supply issues ease By Eva Mathews (Reuters) -Britain’s Senior forecast a strong second half of the year on Monday, after adjusted profits for the first six months doubled, propelled by easing supply chain issues in its aircraft parts business and strong demand in the auto...
Britain commits to hundreds of North Sea oil and gas licences
Date: July 31, 2023
Britain commits to hundreds of North Sea oil and gas licences By Sachin Ravikumar and Susanna Twidale LONDON (Reuters) -Britain on Monday committed to granting hundreds of licences for North Sea oil and gas extraction as part of efforts to become more energy independent, drawing criticism from environmental campaigners. Prime Minister Rishi Sunak confirmed plans...
Manchester United renews Adidas partnership in $1.1 billion 10-yr deal
Date: July 31, 2023
Manchester United renews Adidas partnership in $1.1 billion 10-yr deal (Reuters) -Manchester United on Monday renewed the soccer club’s partnership with official kit supplier Adidas for 10 more years and a minimum cash guarantee of 900 million pounds ($1.16 billion). The new deal, ahead of the 2023/24 Premier League season starting next month, will continue...
France’s TDF explores fibre unit sale for upwards of 1 billion euros – sources
Date: July 31, 2023
France’s TDF explores fibre unit sale for upwards of 1 billion euros – sources By Andres Gonzalez and Amy-Jo Crowley LONDON (Reuters) – French telecoms firm TDF is studying options for its fibre business including a sale, four people familiar with the matter told Reuters, in a deal that could value the fibre unit upwards...
Analysis-Dwindling excess savings could scupper markets’ soft-landing hopes
Date: July 31, 2023
Analysis-Dwindling excess savings could scupper markets’ soft-landing hopes By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – Markets have high hopes for a soft landing for the economy, with bonds and equities rallying. Yet a sharp drawdown in the excess savings created by COVID-19 could be a curve ball that slams into bullish sentiment. The...