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1 week ago | 
gurutrade.com | Simon Johnson |Terje Solsvik |Rachna Uppal
STOCKHOLM, May 30 (Reuters) - Sweden's economy contracted in the first quarter compared to the previous three months, government data showed on Friday, increasing the likelihood of an interest rate cut by the central bank over the coming months.
Global trade frictions had cast a pall over the economy and increased uncertainty about the outlook, the government said earlier this month, as it trimmed its forecast for GDP growth this year and next.
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1 week ago | 
gurutrade.com | Johann M Cherian |Sonali Paul |Rachna Uppal
Upbeat Tokyo core inflation underpins yen
Fed's preferred PCE inflation data awaited
Dollar index set for fifth-straight monthly decline
SINGAPORE May 30 (Reuters) - The U.S. dollar wobbled on Friday, heading for its fifth-straight monthly decline as traders braced for further uncertainty around trade policy and U.S. fiscal health while awaiting pivotal inflation reports later in the day.
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1 week ago | 
today.westlaw.com | Anton Bridge |Rachna Uppal
TOKYO (Reuters) -Nomura Holdings, Japan's largest investment bank and brokerage, is committed to growing its business in the United States despite recent market volatility, its chief executive said on Friday. The announcement of sweeping tariffs in...
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1 week ago | 
gurutrade.com | Kevin Buckland |Lincoln Feast |Joe Bavier |Rachna Uppal
Euro touches highest since late April
Safe-haven currencies retreat as sentiment improves
Dollar assets also pressured by Trump's sweeping tax bill
TOKYO/LONDON, May 26 (Reuters) - The euro hit a one-month high against the U.S. dollar on Monday after U.S. President Donald Trump backed down from threatened 50% duties on European Union shipments from June 1, as the bloc asked for time to "reach a good deal".
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2 weeks ago | 
today.westlaw.com | Elvira Pollina |Cristina Carlevaro |Rachna Uppal
MILAN (Reuters) -Italy's data protection agency has fined the developer of artificial intelligence (AI) chatbot company Replika 5 million euros ($5.64 million) for breaching rules designed to protect users' personal data, the authority said on...
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3 weeks ago | 
gurutrade.com | Tom Sims |Ludwig Burger |Rachna Uppal
FRANKFURT, May 14 (Reuters) - Deutsche Pfandbriefbank, one of Germany's top property financiers, said it would not take on new business in the United States and that it would examine "all options" for its existing U.S. business.
The lender, also known as PBB, reported a 17% drop in first-quarter net profit on Wednesday and said it would review the timing of a planned share buyback as markets were more volatile than expected.
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1 month ago | 
today.westlaw.com | Christopher Cushing |Rachna Uppal |Supantha Mukherjee
STOCKHOLM (Reuters) -London-based mobile game developer Tripledot Studios has agreed to buy marketing platform AppLovin's mobile games studio portfolio for about $800 million in cash and stock, it said on Thursday. The deal will help Tripledot expand...
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1 month ago | 
today.westlaw.com | Patturaja Murugaboopathy |Gaurav S Dogra |Rachna Uppal
(Reuters) -European equity funds attracted the largest weekly inflow in over a year in the week ending April 30, while U.S. funds saw outflows for a third straight week on continued uncertainty around the impact of tariffs on global economic growth....
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1 month ago | 
gurutrade.com | Bernadette Hogg |Christopher Cushing |Rachna Uppal |Kate Mayberry
April 30 (Reuters) - Swiss lift and escalator maker Schindler lowered its market outlook for new installations in the Americas from its prior assessment, it said in an investor presentation on Wednesday.
The company now expects the market to contract by up to 5% this year after previously estimating 2025 growth of up to 5%.
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1 month ago | 
gurutrade.com | Sergio Goncalves |David M. Latona |Rachna Uppal |Barbara Lewis
Says partnership is preferred next step
Falling output hits first-quarter profit
Shares fall in European afternoon trade
LISBON, April 28 (Reuters) - Portugal's Galp Energia has resumed talks with potential partners as it seeks to develop a discovery in Namibia, the company said on Monday after reporting a 29% drop in adjusted first-quarter core profit.
