Hawkish ECB comments push up rate-hike expectations
By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to ris..
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Exclusive-Microsoft’s Bing plans AI ads in early pitch to advertisers
By Sheila Dang (Reuters) – Microsoft has started discussing with ad agencies how it plans to make money from its revamped Bing s..
Business
G20 watchdog homes in on decentralised finance after FTX crash
By Huw Jones LONDON (Reuters) – The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle &..
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Mercedes-Benz to buy back up to 4 billion euros in shares by 2025
BERLIN (Reuters) -Mercedes Benz said on Thursday it plans to buy back up to 4 billion euros ($4.28 billion) of its shares over two yea..
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Gucci banks on private ‘salons’ for the ultra-rich to revive sales
By Mimosa Spencer PARIS (Reuters) – Gucci is banking on new ultra-high-end “salons” offering merchandise priced at u..
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Ubisoft vows to get back to operating margin above 20% in medium term
By Enrico Sciacovelli (Reuters) -French video game producer Ubisoft said it would reach operating margin above 20% in the medium term,..
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Dollar advances as strong U.S. data backs higher rates backdrop
By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The U.S. dollar held gains against a basket of currencies on..
Finance
Dollar rises to six-week peak as strong U.S. retail sales bolster higher-rates scenario
By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The dollar climbed to a six-week peak against a currency bas..
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Trade union membership increased between 2017 and 2020 – thanks to women
Membership of trade unions steadily increased between 2017 and 2020, driven by a large increase in female membership, according..
Business
Slowdown in UK inflation eases pressure on Bank of England
By Andy Bruce and William Schomberg LONDON (Reuters) – British inflation fell by more than expected in January and there were si..
Finance