By Juveria Tabassum and Doyinsola Oladipo (Reuters) -Royal Caribbean Group on Thursday raised its annual profit forecast for a second time, after record bookings during the first quarter and higher ti[...]
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April 25, 2024
Deutsche Bank Quarterly Profit Jumps 10% As Investment Bank Outperforms
By Tom Sims and Matthias Inverardi FRANKFURT (Reuters) -Deutsche Bank posted on Thursday a better-than-expected 10% increase in first-quarter profit as a resurgence in fixed-income trading and deal-ma[...]
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Mercedes says it will continue to invest in China tie-ups
(This story has been corrected to refer to BAIC Group, not Baidu, and to show that BAIC Group Chairman Zhang Jianyong, not Baidu CEO Robin Li attended the event, in paragraphs 1 and 2) By Sarah Wu BEI[...]
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LSEG positive on Microsoft tie-up progress as investors back CEO pay hike
By Huw Jones LONDON (Reuters) -London Stock Exchange Group reported in-line first quarter earnings and continued progress with its Microsoft tie-up on Thursday, as shareholders approved more buybacks[...]
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Axiata, Sinar Mas closer to $3.5 billion telco merger in Indonesia, Bloomberg reports
(Reuters) – Malaysian conglomerate Axiata Group and Indonesian group PT Sinar Mas are going ahead with plans to merge their telecom operations in Indonesia to create a $3.5 billion entity, Bloom[...]
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Altria tops first quarter sales on higher pricing, robust demand for smokeless alternatives
(Reuters) – Altria Group topped quarterly sales expectations on Thursday, driven by higher pricing and rising demand for alternatives to conventional tobacco products. Like other tobacco giants,[...]
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In China, Blinken urges fair treatment of American companies
By Simon Lewis SHANGHAI (Reuters) -U.S. Secretary of State Antony Blinken on Thursday called on China to provide a level playing field for American businesses as he began a visit aimed at resolving a[...]
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China’s largest auto show showcases all-electric future, local brands dominate
By Kevin Krolicki, Zoey Zhang, Sarah Wu and Qiaoyi Li BEIJING (Reuters) – China’s largest auto show opened in Beijing on Thursday with the biggest names showing off their latest electric v[...]
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Morning Bid: Meta plunges, mega mining merger revealed
(Removes extraneous letter in first paragraph) A look at the day ahead in U.S. and global markets from Mike Dolan Megacap Meta revived Big Tech jitters on Wall St overnight as its pumped-up stock balk[...]
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