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Europe

Oil settles higher but posts fourth straight quarterly decline

BY Reuters  • June 30, 2023June 30, 2023
By Laura Sanicola (Reuters) -Oil prices settled higher on Friday but posted their fourth straight quarterly loss as investors worried that sluggish global economic activity could crimp fuel demand. Be[...]
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Cyanide maker Draslovka mulls equity raise to drive new mining technology

BY Reuters  • June 30, 2023June 30, 2023
By Jan Lopatka PRAGUE (Reuters) – Cyanide maker Draslovka is considering an equity fundraising worth hundreds of millions of dollars support the roll out of new technology that could help miners[...]
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Business Canada Economy Europe Technology

European shares crawl higher in Q2

BY Reuters  • June 30, 2023June 30, 2023
By Amruta Khandekar, Matteo Allievi and Bansari Mayur Kamdar (Reuters) – European shares rose on Friday as lacklustre data on China’s factory activity spurred hopes of more policy stimulus[...]
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Business Economy Europe UK Updated

Ferragamo’s CFO Alessandro Corsi resigns

BY Reuters  • June 30, 2023June 30, 2023
MILAN (Reuters) – Italian luxury group Salvatore Ferragamo said on Friday that its Chief Financial Officer Alessandro Corsi would resign with effect from Sept.30 to take on “a new professi[...]
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Business Economy Entertainment and Lifestyle Europe

UK regulator may refer Adobe’s $20 billion Figma deal to deeper probe

BY Reuters  • June 30, 2023June 30, 2023
(Reuters) -Britain’s competition regulator said on Friday that Photoshop owner Adobe’s $20 billion buyout of cloud-based designer platform Figma may be referred to a deeper investigation a[...]
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Business Canada Economy Europe Technology UK Updated US

As the Libor era ends, market participants hope for ‘crickets’

BY Reuters  • June 30, 2023June 30, 2023
By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The last rates based on the tarnished London Interbank Offer Rate, or Libor, were published on Friday, marking a mostly quiet en[...]
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Asia Business Economy Europe UK Updated US

HSBC blocking of Hong Konger pensions matter of ‘deep concern’, say US, UK lawmakers

BY Reuters  • June 30, 2023June 30, 2023
LONDON (Reuters) – Two influential lawmakers in the United States and Britain accused HSBC on Friday of contributing to the oppression of people in Hong Kong by thwarting their attempts to acces[...]
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Asia Business Economy Europe UK

EU Commission demands Uniper dispose of Dutch business – Handelsblatt

BY Reuters  • June 30, 2023June 30, 2023
BRUSSELS/FRANKFURT (Reuters) – The European Commission has demanded that German gas importer Uniper divest its Dutch business to obtain regulatory approval for a rescue deal, German daily Handel[...]
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Business Economy Europe Politics

Consumers, food-makers face choice as WHO cancer agency set to warn on aspartame sweeteners (June 29)

BY Reuters  • June 30, 2023June 30, 2023
(Corrects June 29 story to remove reference to aspartame in Weight Watchers yoghurts in paragraph 6) By Richa Naidu and Savyata Mishra LONDON (Reuters) -Consumers, food companies, retailers and restau[...]
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