By Marie Mannes and Helen Reid STOCKHOLM (Reuters) -H&M unexpectedly announced a change of leadership on Wednesday with company veteran Daniel Ervér taking over as CEO from Helena Helmersson as …
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By Valerie Insinna and Abhijith Ganapavaram (Reuters) -Boeing Co has “much to prove” to regain the confidence of regulators and customers after a mid-air cabin-panel blowout of a 737 MAX …
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(Reuters) -Tech giants on Tuesday talked up how customers are lapping up their generative AI-powered products, but mounting costs of developing the cutting-edge features irked investors hoping for a big …
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SHANGHAI (Reuters) – Some Chinese automakers have had to delay deliveries of flagship models due to production issues with a computing unit made by tech giant Huawei, five people with …
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By Victoria Waldersee and Annegret Hilse BERLIN (Reuters) – Chinese EV giant BYD’s five models on sale in Germany will be showcased at a new BYD-only store in Berlin run …
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(Reuters) – Cigna has agreed to sell its Medicare business to Health Care Service Corp for $3.3 billion in cash, the Wall Street Journal reported on Wednesday. Health Care Service …
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By William Schomberg LONDON (Reuters) – The Bank of England is expected to offer a first hint on Thursday that it is tentatively moving towards cutting interest rates, having raised …
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By Tom Hals WILMINGTON (Reuters) -A Delaware judge tossed out Elon Musk’s record-breaking $56 billion Tesla pay package on Tuesday, calling the compensation granted by the EV maker’s board “an …
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By Stephanie van den Berg THE HAGUE (Reuters) – The United Nations’ top court will rule on Wednesday on whether Russia violated an anti-terrorism treaty by funding pro-Russian separatists in …
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By Ankika Biswas and Johann M Cherian (Reuters) -Nasdaq futures slid over 1% on Wednesday, as tech giants Alphabet and Microsoft’s projections for rising AI costs disappointed investors, dragging megacap …
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By Tom Wilson LONDON (Reuters) -World shares trod water on Wednesday as investors waited for clues on when the U.S. Federal Reserve may start to cut interest rates, while the …
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NEW DELHI (Reuters) – India’s Prime Minister Narendra Modi has a mixed record of managing the economy – hiking state spending to build roads, ports and power plants, but not …
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By Richa Naidu LONDON (Reuters) – When the Maersk Tanjong set sail from Thailand on Dec. 2, headed towards the Suez Canal to reach the U.S. East Coast, it was …
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(Reuters) – Exchange operator Nasdaq reported fourth-quarter profit that rose 24.6% on Wednesday, on the back of strong performance in its solutions business. The company has been expanding beyond market-sensitive …
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By Marco Trujillo and Philip Blenkinsop PARIS/BRUSSELS (Reuters) – French and Belgian farmers set up dozens of blockades on highways and on access roads to a major container port on …
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By Elena Fabrichnaya MOSCOW (Reuters) – Moscow Exchange, Russia’s largest bourse, is hoping to see over 20 initial public offerings (IPOs) this year, it said on Wednesday, in a market …
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By Ted Hesson WASHINGTON (Reuters) -A Republican-led U.S. House of Representatives panel early on Wednesday advanced impeachment charges against Democratic President Joe Biden’s top border official, a near-unprecedented move that …
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(Reuters) – High-flying semiconductor stocks slipped in trading before the bell on Wednesday after Advanced Micro Devices’ disappointing current-quarter revenue forecast added to investor worries over sluggish demand for non-AI …
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(Reuters) -Medical equipment maker Thermo Fisher Scientific forecast annual profit and revenue below Wall Street estimates on Wednesday, signaling that a slump in demand for its services used to make …
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By Jacob Gronholt-Pedersen and Maggie Fick COPENHAGEN/LONDON (Reuters) -Novo Nordisk on Wednesday forecast another year of double-digit growth as the Danish drugmaker began boosting U.S. supplies of its popular weight-loss …
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KYIV (Reuters) – U.S. Under Secretary of State Victoria Nuland arrived in Ukraine on Wednesday for talks amid growing uncertainty over U.S. economic and military assistance to Kyiv as the …
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By Natalie Grover LONDON (Reuters) -Oil prices fell on Wednesday, pressured by lacklustre economic activity in leading crude importer China, but a first monthly gain since September remained in sight …
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By Mohammed Salem and Nidal al-Mughrabi GAZA/DOHA (Reuters) -Israeli forces pounded areas in northern and southern Gaza on Wednesday after Hamas said it had received and was studying a new …
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By Ann Saphir (Reuters) – Federal Reserve Chair Jerome Powell has a tough task on Wednesday as he wraps up the U.S. central bank’s first policy meeting of 2024: signaling …
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By Yuvraj Malik (Reuters) – Apple iPhone sales likely rose 3% in the key holiday period, the best growth in five quarters, but analysts expect a tough year for the …