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Taiwan calls on Germany to help maintain ‘regional order’
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French PM to unveil pension reform in big test for Macron
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Bentley cruises to record sales in 2022 despite China drop
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UK becoming less attractive for investment, manufacturers warn
Global stocks close in on 4-week highs, oil rises on hopes of ‘soft landing’
Date: January 10, 2023
By David Randall NEW YORK (Reuters) -World stocks rallied on Monday to their highest levels since mid-December after China reopened its borders while benchmark Treasury yields drifted lower as investors scaled back expectations for further rate hikes by the Federal Reserve. The gains were broad across global equity markets, with Europe’s STOXX 600 near a...
Fineco CEO expects fixed income demand to help managed assets
Date: January 10, 2023
By Valentina Za MILAN (Reuters) – Italy’s FinecoBank is seeing strong demand for fixed income products as rates rise, which should bolster its asset management business after net inflows roughly halved last year, its chief executive said. CEO Alessandro Foti told Reuters cost control was key for the industry to cope with more challenging market...
EU should agree remaining climate laws by summer, Sweden says
Date: January 9, 2023
By Kate Abnett BRUSSELS (Reuters) – The European Union aims to finish negotiations by July on laws to deliver its 2030 climate change target, although a contentious overhaul of fossil fuel taxes will likely take longer, Sweden’s ambassadors to the bloc said on Monday. The 27-country EU is in the final stretch of negotiating roughly...
English resort counts down to western Europe’s first satellite launch
Date: January 9, 2023
By Henry Nicholls NEWQUAY, England (Reuters) -An English surfing resort was counting down to the first launch of orbital satellites into space from western Europe on Monday, when Virgin Orbit’s mission will transform the Cornish town of Newquay into the country’s first spaceport. A modified Boeing 747 with a rocket under its wing is set...
Lidl GB expects more customers to switch from rivals after bumper Christmas
Date: January 9, 2023
By James Davey LONDON (Reuters) -The British arm of German discounter Lidl said it expected more shoppers to switch to its stores from traditional supermarket groups in 2023 after its sales rose 24.5% in the four weeks to Dec. 25 compared to the previous year. The rise reflected new store openings and consumers’ search for...
Vodafone to receive $1.8 billion from sale of Hungarian unit
Date: January 9, 2023
LONDON (Reuters) -British telecom group Vodafone said it had agreed the sale of its Hungarian business to local IT company 4iG and the Hungarian state, and would receive a total cash consideration of 1.7 billion euros ($1.82 billion) from the deal. The disposal, first announced in August, comes as Vodafone looks for a new chief...