By Terje Solsvik and Victoria Klesty OSLO – Belgian oil tanker group Euronav and smaller Oslo-listed rival Frontline plan to merge in an all-stock transaction valued at $4.2 billion that …
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DUBLIN – Annual inflation in Ireland neared an almost 40-year high of 6.7% in March, a jump from 5.6% a month earlier on the back of soaring energy prices, data …
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By Timothy Aeppel ELKHART, Ind. – What happens when Amazon.com Inc plops over 1,000 new jobs in one of the hottest blue-collar job markets in the country? The RV Capital …
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By David Henry NEW YORK – Wall Street bankers have long talked about how higher interest rates will deliver additional revenue from loans and higher-yielding securities. Now that rates are …
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MILAN – The Benettons, who control Atlantia with a 33% stake, are united in ruling out any transaction that would involve a break-up of the Italian infrastructure group, one source …
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By Rachel Savage LONDON – The European Bank for Reconstruction and Development said on Thursday that Russia’s war in Ukraine would have a significant impact on its finances this year, …
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JAKARTA – Indonesia’s central bank expects 2022 inflation to be at the upper bound of its target range or near 4% due to pressures from high global commodity prices, deputy …
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By Silvia Aloisi and Pavel Polityuk LVIV, Ukraine(Reuters) – In western Ukraine, some 1,100 train wagons carrying grain are stuck near the main rail border crossing with Poland, unable to …
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MILAN – Shares in Atlantia jumped almost 12% to their highest levels in over two years after Global Infrastructure Partners and Brookfield Infrastructure pitched a possible takeover of the Italian …
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By Sinchita Mitra and Radhika Anilkumar (Reuters) -British online gambling firm 888 will pay a smaller price to buy William Hill’s international assets from U.S.-based owner Caesars Entertainment, the companies …
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By Jonathan Saul LONDON – European buyers are increasing shipments of coal from across the globe against a backdrop of a proposed European Union ban on Russian imports and the …
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By Fergal Smith TORONTO – REUTERS POLL-CANADIAN DOLLAR TO STRENGTHEN SLIGHTLY TO 1.25/USD IN THREE MONTHS, MATCHING MARCH’S FORECAST REUTERS POLL-CANADIAN DOLLAR SEEN UP 2% AT 1.23/USD IN ONE YEAR …
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By Foo Yun Chee BRUSSELS – The EU’s top court on Thursday cleared the way for passengers to seek compensation for delayed flights from non-EU airlines operating flights on behalf …
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By Tim Hepher LONDON – Airbus and Qatar Airways are set to face each other in court as a dispute over billions of dollars of jets enters a theatrical phase …
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Walmart’s Flipkart raises IPO valuation target to $60-70 billion, eyes 2023 listing-sources
by ReutersBy Aditya Kalra, Aftab Ahmed and Anirban Sen NEW DELHI – Walmart’s Indian e-commerce company Flipkart has internally raised its IPO valuation target by around a third to $60-70 billion, …
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(Reuters) -JD.com Inc promoted its president, Lei Xu, to chief executive officer on Thursday to succeed founder Richard Liu, officially handing Xu the reins of the Chinese e-commerce company after …
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TOKYO -Japanese retailer Seven & I Holdings Co said on Thursday it would revamp its board of directors as it seeks to accelerate overseas growth. The operator of 7-Eleven convenience …
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A look at the day ahead in markets from Dhara Ranasinghe. Financial markets finally appear to be waking up to the reality that the Federal Reserve will soon start taking …
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By Leika Kihara TOKYO -The benefits of a weak yen outweigh the demerits for Japan’s export-oriented economy, central bank policymaker Asahi Noguchi said on Thursday, brushing aside the view the …
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LONDON -British house prices grew strongly again in March but there are big questions about whether this can continue later in the year, mortgage lender Halifax said on Thursday. House …
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By Joice Alves and Danilo Masoni LONDON – A month of the war in Ukraine briefly erased a year’s worth of gains for European equities but the continent’s bourses have …
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By Asha Sistla (Reuters) – Gold inched lower in range-bound trade on Thursday, as the dollar and yields gained after the U.S. Federal Reserve reiterated its aggressive stance to combat …
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By Leika Kihara TOKYO – The proportion of Japanese households expecting prices to rise a year from now has hit a 14-year high, a central bank survey showed on Thursday, …
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By Leika Kihara and Wayne Cole (Reuters) – Some Asian central banks are shaking off their long-held reluctance to follow their global peers in lifting benchmark interest rates off historic …
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(Corrects paragraph 1 name of automaker after 3DOM clarifies) By Satoshi Sugiyama TOKYO -A Japanese battery start-up said on Thursday it would launch a commercial fleet service using electric vehicles …