SNB defends raising rates, says not to blame for Credit Suisse failure
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Internet data growth has not pushed up telcos’ network costs, Dutch government says
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Global factories struggle for momentum amid patchy demand
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Sugar group Tereos reports leap in core profit as prices rise
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Major central banks renew rate hike push in May
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Dr Martens tripped up by tough U.S. market
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Dollar rises as U.S. debt bill passes House, euro slides ahead of inflation
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New global renewables capacity additions to rise by a third this year – IEA
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BRICS ministers meet in push to establish group as counterweight to West
Amid the growing geopolitical polarisation resulting from the war in Ukraine, BRICS..
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Oil rises on potential U.S. rate hike pause, debt bill passing
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Liberty Global and Warner Bros Discovery owners weigh deal for All3Media -sources
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EU plans for company human rights, environment checks face new hurdle
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Business
UK has bigger inflation problem than US or euro zone – BoE’s Mann
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Finance
Factbox-Companies invest in EV battery factories in Europe
Sweden’s Northvolt said on May 13 it will invest 3-5 billion euros ($3.3-5.5 ..
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Harry Potter publisher Bloomsbury’s annual profit rises as readers lap up novels
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Exclusive-Credit Suisse axes China bank plan to avoid regulatory conflict under UBS-sources
UBS, twice as big as Credit Suisse by assets, agreed to buy its cross town rival fo..
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Private astronaut crew, including first Arab woman in orbit, returns from space station
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Top AI CEOs, experts raise ‘risk of extinction’ from AI
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Mexico’s FEMSA launches second 3 billion euro sale of Heineken shares
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Nestle hires LSEG’s Anna Manz as CFO
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Unilever CFO Pitkethly to leave company by May 2024
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UK’s Asda to buy EG petrol stations unit in $2.9-billion deal
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Toyota, Daimler in deal to combine Japan truck operations
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Switzerland’s Social Democrats propose shrinking UBS – Aargauer Zeitung
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PwC Australia clients, staff in focus as tax leak faces government hearings
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UK shop price inflation strikes new record high: BRC
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Tennis-‘Kosovo is the heart of Serbia’, Djokovic writes at French Open
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Cathay Pacific to order Boeing 777-8F freighter -sources
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Dollar nudges lower as U.S. debt ceiling deal dents safe-haven appeal
In Europe, the euro was down just 0.14% at $1.0717, showing little immediate reacti..
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Car sales push Irish retail sales sharply higher again
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India’s investigation agency files graft case against BAE Systems, Rolls-Royce -document
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Uber executive says European taxis joining platform
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European shares rise on US debt deal optimism
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Oil gains after US leaders strike debt deal
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Nvidia, MediaTek partner on connected car technology
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Britain’s Prime Minister Sunak congratulates Erdogan on election win
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Italy’s Industry Ministry reports ‘heavy’ cyberattack
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