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Oil slumps 5% to five-week low amid US debt default fears
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Dollar dips as job openings fall, Fed meeting in focus
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Sport-Ronaldo tops Forbes’ highest-paid athletes list in 2023 after Saudi move
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Italy CPI rises again in April amid energy prices volatility
From US to London, royal super fan makes ‘once-in-a-lifetime’ coronation pilgrimage
Date: May 2, 2023
By JEEVAN RAVINDRAN LONDON (Reuters) – U.S. citizen Donna Werner is no stranger to royal celebrations – for more than three decades she has travelled to Britain to join in the public party at weddings and jubilees. Now she is ecstatic to be in London for her first coronation. “And we’re off! This is such...
Ferrari, Enel X plan solar plant near Fiorano test track
Date: May 2, 2023
Ferrari, Enel X plan solar plant near Fiorano test track ROME (Reuters) – Italian sports car maker Ferrari said it has signed a deal with Enel’s Enel X to build a 1 megawatt peak (MWp) solar energy plant next to its Fiorano test track in order to offer green energy to the local community. The...
Norway wealth fund CEO denies pay discrimination in case by female employee
Date: May 2, 2023
Norway wealth fund CEO denies pay discrimination in case by female employee By Victoria Klesty OSLO (Reuters) – The chief executive of Norway’s $1.4 trillion sovereign wealth fund, Nicolai Tangen, on Tuesday denied accusations of gender pay discrimination at the fund during a court case brought by a female employee. Elisabeth Bull Daae, head of...
Soft lending and inflation data pave way for smaller ECB hike
Date: May 2, 2023
Soft lending and inflation data pave way for smaller ECB hike By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -Euro zone banks are turning off the credit taps and a key gauge of inflation is finally falling, data showed on Tuesday, boosting the case for a smaller interest-rate increase by the European Central Bank later...
Italian hearing aid maker Amplifon expects higher 2023 earnings
Date: May 2, 2023
Italian hearing aid maker Amplifon expects higher 2023 earnings (Reuters) – Italian hearing aid maker Amplifon said on Tuesday it expects core profits to continue growing in 2023 thanks to operating leverage and higher pricing that should offset rising labour costs. The company forecasts recurring earnings before interest, taxes, depreciation and amortization (EBIDTA) in the...
DSM misses Q1 forecasts due to weak volumes and high costs
Date: May 2, 2023
DSM misses Q1 forecasts due to weak volumes and high costs (Corrects company description in 5th paragraph) (Reuters) – Dutch specialty chemicals maker DSM’s first-quarter profit and sales missed expectations on Tuesday, hit by weak volumes, persistently high inflation and low vitamin prices. DSM and Firmenich reported quarterly results separately for the last time ahead...