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EasyJet in talks with French unions to avert strike action
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Norse Atlantic Airways selects Tickitto to provide its customers with tickets to sports, live events and attractions
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When the chips go up: Big banks bet on South Korea, Taiwan stocks for 2023
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Analysis-Retailers turn to robots in cost inflation fight
Swiss inflation steady at 3.0% in November as expected
Date: December 1, 2022
ZURICH (Reuters) – Swiss consumer price inflation held steady at 3.0% in November but still overshot the Swiss National Bank’s 0-2% target range for the 10th month in a row, data showed on Thursday. Economists had on average expected the year-on-year rate to hold steady at October’s 3.0%, off peaks at mid-year that touched a...
J.P. Morgan private bank invests in two Swiss fintechs
Date: December 1, 2022
ZURICH (Reuters) – J.P. Morgan Private Bank has invested in two Swiss fintech companies that specialise in software that helps advisers customise portfolios for wealthy clients in Europe, the Middle East, Latin America and Asia, it said on Thursday. It gave no financial details of what it called a “strategic” investment in Edge Laboratories SA...
Dollar falls to 3-month low vs yen on Powell remarks on Fed slowing
Date: December 1, 2022
By Kevin Buckland and Alun John TOKYO/LONDON (Reuters) – The dollar tumbled more than 1.5% to a three-month low against the yen on Thursday, after comments by Fed Chair Jerome Powell that U.S. rate hikes could be scaled back “as soon as December” though the euro failed to climb past a major resistance level. The...
Roche shutters most trials of Alzheimer’s drug after failed trials
Date: December 1, 2022
By Julie Steenhuysen CHICAGO (Reuters) – Swiss drugmaker Roche is closing down most clinical trials of its experimental Alzheimer’s drug gantenerumab after it failed to slow advance of the mind-robbing disease in a pair of large, late-stage studies, the company said on Wednesday. Roche presented full results of twin trials at an Alzheimer’s meeting in...
Domino’s Pizza Enterprises to raise $112 million to fund German unit acquisition
Date: December 1, 2022
(Reuters) – Australia’s Domino’s Pizza Enterprises said on Thursday it would raise A$165 million ($112 million) to fund the acquisition of its Germany-based joint venture that it owns with Domino’s Pizza Group Plc. The Australian franchise of Domino’s said it would issue new shares at a price of A$65.05 per share, a 2% discount to...
Silicon Valley leaders welcome Elon Musk’s management of Twitter
Date: December 1, 2022
(Reuters) – Silicon Valley leaders welcomed Elon Musk’s management of Twitter, with Netflix co-founder Reed Hastings going so far as to call the billionaire “the bravest, most creative person on the planet.” Meta Platforms CEO Mark Zuckerberg on Wednesday said he was keen to see how Elon Musk’s management of content moderation on Twitter would...