Stock Market
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UniCredit’s CEO forecasts a resurgence by 2023 as firms and families adjust.
Milan: Italian people and businesses are adjusting to the current economic problems, which CEO Andrea Orcel of UniCredit says will…
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Europe’s generic medication manufacturers may reduce output owing to rising energy costs.
FRANKFURT – Europe’s pharmaceutical manufacturers have issued a warning that they may cease production of some inexpensive generic drugs due…
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European equities fall at the opening bell as fears of a recession grow.
European stocks started the day down, which was the same as what happened in Asia. A worsening oil crisis in…
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Nippon Steel said the India-ArcelorMittal joint venture will invest $5 billion to expand.
TOKYO – The Japanese company said on Wednesday that an Indian joint venture between ArcelorMittal (NYSE:MT) and Nippon Steel will…
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Riccardo Tisci has been replaced at Burberry by designer Daniel Lee.
London: Daniel Lee has been named the new chief creative officer of Burberry Group. He will replace Riccardo Tisci, who…
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Britain’s Boohoo is cutting its outlook because people are spending less.
London: Boohoo, a British online fashion store, lowered its outlook for the full year on Wednesday. It said that a…
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Ferguson anticipates 2023 to see a growth in net sales of low single digits.
Ferguson Plc, a U.S.-focused plumbing supply company, announced that its net sales growth for the fiscal year 2023 was anticipated…
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The head of BBVA thinks that traditional bank mergers are not likely right now.
MADRID- Carlos Torres, the head of BBVA (BME:BBVA), said on Tuesday that a traditional bank merger in Europe is unlikely…
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Sweden warns that the Nord Stream 1 pipeline has two gas leaks.
Stockholm: The Swedish Maritime Authority said on Tuesday that it had warned of two leaks on the Russian-owned Nord Stream…
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In 2023-25, M&A and buybacks will cost Nexi 2.8 billion euros.
Milan: Nexi (BIT:NEXII), Europe’s largest payments group by volume, said on Tuesday that it expects to have around 2.7 billion…
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