Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 20%
(Reuters) -Michael Kors owner Capri Holdings Ltd cut its annual profit forecast on Wednesday, hurt by a slowdown in demand for its lux..
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Russian threat to Baltic security rising – Estonian intelligence report
By Andrius Sytas VILNIUS (Reuters) – Estonia’s Foreign Intelligence Service said it believed Russia still had the strength..
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Activision aims to help UK regulator ‘better understand our industry’
LONDON (Reuters) – “Call of Duty” maker Activision Blizzard said on Wednesday it hoped it could help Britain’s..
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Stocks, dollar pause ahead of Powell, Biden speeches
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – A gauge of global equities edged lower and the dollar inched up on Tu..
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EU considers ban on ‘forever chemicals’, urges search for alternatives
By Ludwig Burger (Reuters) -The European Union on Tuesday started to consider a proposal to ban widely used, potentially harmful subst..
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BP makes record profit in 2022, slows shift from oil
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP reported on Tuesday a record profit of $28 billion for 2022 and hiked it..
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Cryptoverse: Is bitcoin out of the woods? Consider the options
By Medha Singh, Lisa Pauline Mattackal and Vidya Ranganathan (Reuters) – Have bitcoin and ether finally turned a corner? It̵..
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ChatGPT mania pumps up Chinese AI technology stocks
SHANGHAI (Reuters) – Chinese artificial intelligence stocks are the latest rage in mainland markets as the global frenzy around ..
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Marketmind: Rates start to bite
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian stocks on Tuesday come off the..
Finance
From boom to bottom and now big change: Renault and Nissan reshape alliance
PARIS/TOKYO (Reuters) – French carmaker Renault and its Japanese partner Nissan announced a deal on Monday to redesign their dec..
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