By Stella Qiu SYDNEY (Reuters) – A look at the day ahead in European and global markets from Stella Qiu: Another central bank pivots. The Bank of Korea on Thursday slowed its pace of tightening[...]
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Europe
Amazon UK adds e-cargo bikes, walkers in decarbonisation drive
LONDON (Reuters) – Amazon UK said it would expand its electric-cargo bike fleet and make more deliveries on foot to accelerate the decarbonisation of the transportation network it uses to delive[...]
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Patagonia sues Gap for copying ‘iconic’ flap pocket
By Jonathan Stempel (Reuters) – Patagonia Inc, the high-end outdoor clothing retailer, filed a lawsuit accusing Gap Inc of illegally copying the “iconic” snapped flap pocket it has u[...]
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Gucci’s creative director Michele to step down – Kering
By Mimosa Spencer and Silvia Aloisi PARIS (Reuters) -Creative director Alessandro Michele is leaving French luxury goods company Kering’s star label Gucci after seven years, Kering confirmed on[...]
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Oil slides over 3% on Russian price cap talks, U.S. gasoline build
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices fell more than 3% on Wednesday, continuing a streak of volatile trading, as the Group of Seven (G7) nations considered a price cap on Russian[...]
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Dollar down as Fed minutes, U.S. data weighs
By Saqib Iqbal Ahmed and John McCrank NEW YORK (Reuters) – The U.S. dollar fell across the board on Wednesday, after minutes from the Federal Reserve’s November meeting showed that most po[...]
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Kering confirms departure of Gucci creative director Alessandro Michele
PARIS (Reuters) – French luxury goods company Kering confirmed on Wednesday the departure of Gucci creative director Alessandro Michele. “There are times when paths part ways because of th[...]
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Factbox-Corporate America cuts thousands of jobs as recession looms
(Updates Amazon) (Reuters) – Corporate America is bracing for a potential economic downturn by shrinking the employee base as part of its streamlining measures. Job cuts announced by U.S.-based[...]
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Credit Suisse shareholders approve 4 billion Swiss franc capital raise
(Corrects date in dateline to Nov 23) ZURICH (Reuters) – Credit Suisse shareholders approved on Wednesday a 4 billion Swiss franc ($4.20 billion) share capital hike intended to fund the embattle[...]
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