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Italy’s Golden Goose to spread its wings beyond sneakers
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Rathbones snaps up Investec’s UK wealth arm in all-share deal
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Euro zone consumers more optimistic on inflation, ECB survey shows
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Over half of Britons say loyalty cards encourage them to buy a product – NIQ
Allianz Trade in Asia Pacific inks first B2B e-commerce partnership
Date: April 4, 2023
Empowering e-merchants to offer B2B BNPL payment option in real-time Allianz Trade in Asia Pacific is pleased to announce its venture into the rapidly growing B2B e-commerce space and has secured the first partnership with Singapore-based B2B Buy-Now-Pay-Later (BNPL) player Bueno.money. Through the credit insurer’s innovative credit solution E-commerce Credit Insurance, Bueno.money is able to...
Shares rise, but concern mounts over inflation flare-up
Date: April 4, 2023
By Amanda Cooper LONDON (Reuters) -Global stocks rose in cautious trade on Tuesday as investors grappled with the possibility of a flare-up in inflation due to the OPEC+ group’s surprise output cut, while the dollar sagged after weak U.S. manufacturing data the previous day. An announcement on Sunday of an output target cut by the...
UAE plans long-term economic ties with Israel despite political strains
Date: April 4, 2023
By Rachna Uppal and Lisa Barrington DUBAI (Reuters) -The United Arab Emirates’ commitment to a long-term strategic relationship with Israel should survive political turbulence, analysts say, after one of the most right-wing governing coalitions in Israel’s history prompted widespread anger. A series of recent moves and comments by Prime Minister Benjamin Netanyahu’s government has infuriated...
L’Oreal buys luxury brand Aesop with eye on China
Date: April 4, 2023
By Scott Murdoch and Mimosa Spencer SAO PAULO/PARIS (Reuters) -France’s L’Oreal has agreed to buy Australian luxury brand Aesop from Natura & Co for an enterprise value of $2.53 billion, growing its presence in high-end cosmetics with an eye to international expansion, including in China. For L’Oreal, which owns labels ranging from Maybelline to Lancome,...
Dutch online bank Bunq applies for U.S. banking licence
Date: April 4, 2023
By Toby Sterling AMSTERDAM (Reuters) – Bunq BV, a prominent European online banking start-up, formally filed for a banking licence with U.S. regulators on Tuesday, the company’s CEO told Reuters in an interview. Ali Niknam, the Canadian-Dutch entrepreneur who founded Bunq in 2012, said his bank is attracting depositors in Europe despite jitters following the...
Copper miner Teck Resources rejects Glencore’s $22.5 billion offer
Date: April 4, 2023
By Clara Denina and Pratima Desai LONDON (Reuters) -putting down for author to review and revise -dg Copper and zinc miner Teck Resources on Monday rejected an unsolicited $22.5 billion bid from Glencore Plc, citing reluctance to expose its shareholders to thermal coal, oil, LNG and related sectors. New York-listed shares of Teck jumped 19.6%...