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Transatlantic travel sets up European airlines for bumper earnings

BY Reuters  • July 20, 2023July 20, 2023
By Joanna Plucinska and Rajesh Kumar Singh LONDON/CHICAGO (Reuters) – North American tourists thronging the streets of Europe’s top destinations are set to fuel healthy earnings for airlin[...]
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Paris success in attracting London banks boosts balance of payments

BY Reuters  • July 20, 2023July 20, 2023
PARIS (Reuters) – France’s post-Brexit success in attracting banks from London to Paris has exceeded expectations and is increasingly showing up in the country’s balance of payments,[...]
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A new normal, with a side of the old, has kept Fed’s ‘soft landing’ in play

BY Reuters  • July 20, 2023July 20, 2023
By Howard Schneider WASHINGTON (Reuters) – Ford Motor’s announced price cut this week for the electric version of its F-150 truck was attributed to a number of factors, including competiti[...]
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Analysis-Fed’s top regulatory official faces uphill battle to overhaul bank capital

BY Reuters  • July 20, 2023July 20, 2023
By Pete Schroeder WASHINGTON (Reuters) – A plan by the top U.S. banking cop to make the sector more resilient may have gotten a boost from the recent banking crisis, but still faces numerous cha[...]
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Marketmind: Tesla, Netflix underwhelm

BY Reuters  • July 20, 2023July 20, 2023
A look at the day ahead in U.S. and global markets from Mike Dolan An overdue cold shower? July 20 (Reuters) – The first of the supercharged Big Tech firms to report in this earnings season[...]
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Volvo Cars flags solid demand, pricing pressures ahead

BY Reuters  • July 20, 2023July 20, 2023
By Marie Mannes STOCKHOLM (Reuters) -Sweden-based automaker Volvo Cars reported a 54% fall in second-quarter operating earnings on Thursday as the year-ago period’s profit was boosted by a one-o[...]
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Japan exports underwhelm in June, global weakness drags on economy

BY Reuters  • July 20, 2023July 20, 2023
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s annual exports grew much-less than expected in June, highlighting weak Chinese and Western demand that continues to undercut the post-COVID recovery[...]
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Inditex transfers operation of Zara stores in Argentina, Uruguay to Regency Group

BY Reuters  • July 20, 2023July 20, 2023
By Corina Pons MADRID (Reuters) – Zara owner Inditex said on Thursday it had reached an initial agreement to transfer the operation of its stores in Argentina and Uruguay to Regency Group, which[...]
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Netflix quarterly revenue misses forecasts, shares slide

BY Reuters  • July 20, 2023July 20, 2023
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Streaming video pioneer Netflix disappointed Wall Street on Wednesday with second-quarter revenue that fell short of analyst estimates, sen[...]
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