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British PM Sunak explores public sector pay deal that backdates wage offer -FT
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Reddit aims for IPO in second half of 2023 – The Information
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Carrefour predicts more profit growth this year despite high inflation
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Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data
Sterling gains after strong jobs data add to pressure on BOE
Date: February 14, 2023
LONDON (Reuters) – The pound rose against the dollar and euro on Tuesday after data showed British wages rose quicker than expected in the last three months of 2022, adding to pressure on the Bank of England to continue to raise rates to bring down inflation. The morning moves are vulnerable to being swamped however,...
TUI sees strong summer bookings as travel recovery gains momentum
Date: February 14, 2023
By Joanna Plucinska LONDON (Reuters) -Holiday group TUI said on Tuesday it was seeing encouraging booking trends for summer and next winter as customers return following a pandemic hiatus. Some analysts have feared recessionary pressures could dampen demand for holidays, but results for airlines such as Ryanair, Wizz Air and easyJet have indicated consumers are...
London’s FTSE 100 hits fresh record high as telecoms surge
Date: February 14, 2023
By Shashwat Chauhan (Reuters) – UK’s FTSE 100 rose to a record high on Tuesday as telecom stocks gained after Liberty Global bought a stake in Vodafone, while investors braced for U.S. inflation data due later in the day. The blue-chip FTSE 100 rose as much as 0.6% to its all-time high, before easing to...
First listener-wide study reveals brand impact of Radio, Livestream, and Podcasts
Date: February 14, 2023
FD Mediagroep works with BNR and Brand Metrics to deliver key audio study London UK, 14th February 2023 – FD Mediagroep has joined forces with BNR to carry out the first listener-wide study in the Netherlands that also includes Podcasts as an advertising medium. In alliance with Brand Metrics, a unique methodology has been...
Citi halted financing for Trafigura’s nickel deals in October – Bloomberg
Date: February 14, 2023
(Reuters) -Citigroup Inc stopped financing nickel deals for commodity trader Trafigura with companies linked to Indian businessman Prateek Gupta on Oct. 27, Bloomberg News reported, citing a court filing. Trafigura last week said it booked a $577 million charge in the first half of 2023 after discovering that some nickel cargoes it received did not...
Coca-Cola HBC’s annual profit beats, warns of price increases
Date: February 14, 2023
By Radhika Anilkumar (Reuters) -Coca-Cola HBC AG on Tuesday reported better-than-expected full-year operating profit and said it will increase prices this year to tackle an increase in costs. Energy and commodity prices have increased since Russia invaded Ukraine, sending companies across the globe scrambling for ways to rein in costs, while households struggle to manage...