By Jessica DiNapoli and Mike Spector NEW YORK (Reuters) -Bed Bath & Beyond Inc is preparing to seek bankruptcy protection as soon as this week, and has lined up liquidators to close additional sto[...]
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January 31, 2023
China economic activity swings back to growth in January – official PMI
By Joe Cash BEIJING (Reuters) -China’s economic activity swung back to growth in January, after a wave of COVID-19 infections passed through the country faster than expected following abandonmen[...]
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Norway wealth fund posts record $164 billion loss
By Victoria Klesty OSLO (Reuters) – Norway’s wealth fund, one of the world’s largest investors, posted a record loss of 1.64 trillion crowns ($164.4 billion) for 2022, bringing to an[...]
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Analysis-Airbus and Boeing try to fill giant factories with small jets
By Tim Hepher PARIS (Reuters) – Airbus and Boeing have set the stage for the next chapter in their titanic rivalry by remodelling two of the world’s largest buildings – gutted by cha[...]
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Irn-bru maker A.G. Barr sees FY profit, revenue beating expectations
(Reuters) – A.G. Barr said on Tuesday it expects its full-year revenue and profit to beat market expectations, helped by price hikes and steady demand for its cocktail mixes and beverages. The c[...]
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UBS flags uncertain year ahead after profit beats forecasts
By Noele Illien ZURICH (Reuters) -UBS, Switzerland’s biggest bank, forecast an uncertain year ahead due to the war in Ukraine and sagging client confidence on Tuesday, despite trumping expectati[...]
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Three years on, Britain still waits for Brexit dividend
By Andy Bruce LONDON (Reuters) -Three years after its departure from the European Union, Britain is yet to benefit from the Brexit dividend that was promised for its economy as it lags its peers on mu[...]
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Swedbank’s profit beats forecasts as it rides rate rises
By Niklas Pollard STOCKHOLM (Reuters) -Swedish bank Swedbank reported a bigger-than-expected rise in net profit for the fourth quarter and proposed raising its annual dividend on Tuesday as surging ce[...]
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Renault cedes power at Nissan for uncertain benefits
By Gilles Guillaume PARIS (Reuters) -Renault and Nissan hailed a new deal announced on Monday as a major step in reviving their two decade alliance. But for the French car group the benefits of the re[...]
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