BRUSSELS (Reuters) – EU antitrust regulators will decide by April 15 whether to clear Coach parent Tapestry’s $8.5 billion acquisition of Michael Kors owner Capri Holdings, according to a[...]
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March 8, 2024
BOJ leaning toward exiting negative rates in March – sources
By Leika Kihara TOKYO (Reuters) – A growing number of Bank of Japan policymakers are warming to the idea of ending negative interest rates this month on expectations of hefty pay hikes in this y[...]
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Nvidia on cusp of overtaking Apple as second-most-valuable company
By Medha Singh (Reuters) – Nvidia is nipping at the heels of Apple to become the world’s second-most-valuable company, as investors cannot get enough of the semiconductor maker whose chips[...]
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Exclusive-Some ECB policymakers float back-to-back June, July cuts, sources say
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – European Central Bank policymakers overwhelmingly back June for a first interest rate cut and some have informally floated the idea o[...]
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Morningstar DBRS downgrades NYCB by a notch on near-term earnings pressure
(Reuters) -Morningstar DBRS downgraded the credit ratings of New York Community Bancorp to “BBB (low)” from “BBB”, citing near-term pressure on earnings, the ratings agency sai[...]
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Motor racing-Audi to take 100% ownership of Sauber F1 team
(Reuters) – Audi plans to take 100% control of the Sauber Formula One team ahead of its transformation into the German carmaker’s factory team from 2026, the Volkswagen-owned brand said on[...]
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US bond funds attract biggest weekly inflow since mid-2021 on rate cut hopes
(Reuters) – U.S. bond funds racked up large inflows in the seven days to March 6 as weaker manufacturing data and dovish comments from Federal Reserve officials raised expectations for interest[...]
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Gulf oil giants Saudi Aramco, Adnoc set sights on lithium
By Clara Denina, Sarah McFarlane and Maha El Dahan LONDON/DUBAI (Reuters) -Saudi Arabia and the United Arab Emirates’ national oil companies plan to extract lithium from brine in their oilfields[...]
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Feb US payrolls show labor market healthy but not overly tight
(Reuters) – U.S. job growth accelerated in February, but a rise in the unemployment rate and moderation in wage gains kept on the table an anticipated interest rate cut in June from the Federal[...]
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