By Francesca Landini MILAN (Reuters) -Italian energy group Eni on Friday reported fourth-quarter adjusted net profit of 1.64 billion euros, which beat analysts’ forecasts thanks to a record perf[...]
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February 16, 2024
Tokyo supermarket stocks more chicken for inflation-weary shoppers
By Tim Kelly and Chris Gallagher TOKYO (Reuters) – Hiromichi Akiba is stocking his Tokyo supermarket with more chicken because customers who used to buy beef are switching to cheaper meat as ris[...]
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StanChart names former Disney executive Diane Jurgens as new board director
LONDON (Reuters) – Standard Chartered has appointed former Walt Disney Company executive Diane Jurgens to its board as an independent non-executive director, the British-based bank said on Frida[...]
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Sony to partner with Seagate on hard disk drives used for AI -Nikkei
TOKYO (Reuters) – Sony to partner with U.S.-based Seagate Technology on mass production of hard disk drives (HDDs) to meet growing AI demand, the Nikkei newspaper reported on Friday. Sony Semico[...]
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UK shoppers pick up their spending, signalling quick end to recession
By Suban Abdulla LONDON (Reuters) -British retail sales jumped by the most in almost three years in January as consumers recovered their appetite for spending, suggesting the economy could emerge quic[...]
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US to scrutinize Disney, Fox, Warner sports streaming deal, Bloomberg Law reports
(Reuters) – The U.S. Department of Justice aims to scrutinize a sports streaming platform planned by Walt Disney, Fox and Warner Bros Discovery over concerns it could harm consumers, sports leag[...]
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China steps up ‘whitelist’ mechanism for property sector – media
HONG KONG (Reuters) – Five state-owned Chinese banks have been matched with more than 8,200 residential projects for development loans under the “whitelist” mechanism aimed at inject[...]
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Exclusive-HSBC to improve ties with Hong Kong unit Hang Seng to mitigate risk, say sources
By Sumeet Chatterjee, Engen Tham and Selena Li HONG KONG/SHANGHAI (Reuters) – HSBC plans to tighten risk management at Hong Kong unit Hang Seng Bank due to worries about a potential rise in bad[...]
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Biggest outflow from cash in eight weeks, investors buy stocks, bonds – BofA
LONDON (Reuters) – Investors dumped cash and continued to pour money into equities, particularly tech stocks, and investment grade bonds in the week to Wednesday, Bank of America said in a repor[...]
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