Vodafone (VOD.L) has sealed a significant deal to offload its Spanish business to Zegona Communications (ZEG.L) for a substantial sum of 5 billion euros ($5.30 billion). This strategic move marks the second
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Marathon Petroleum (MPC.N) exceeded expectations in its third-quarter earnings report, benefiting from surging demand for refined fuel in the face of already tight supplies, which helped offset a decline in refining margins.
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On Tuesday, Wall Street experienced a volatile trading session as investors awaited the Federal Reserve’s upcoming monetary policy meeting and digested various corporate earnings reports and economic indicators. The main stock indexes
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Chinese fast-fashion retailer Shein has made its first British brand acquisition, purchasing Missguided from Frasers, the e-commerce giant founded by Mike Ashley. Under the terms of the deal, Shein will acquire Missguided’s
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HSBC, Europe’s largest bank, anticipates a brighter future for China’s commercial real estate market despite a $500 million charge from the sector impacting its third-quarter profits. Although the bank reported profits more
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European shares kicked off the week on a strong note, driven by a decline in bond yields. Investors were closely monitoring crucial inflation data while Siemens Energy shares continued to recover amid
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JPMorgan’s strategists have recently offered a noteworthy financial recommendation in a note released on Monday. Their strategic advice revolves around the European banking sector, which they have suggested taking a ‘short’ position
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Duke Energy (DUK.N) announced its plans on Friday to embark on an innovative venture aimed at harnessing clean energy in Florida through an all-encompassing approach encompassing production, storage, and utilization of 100%
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Morgan Stanley (MS.N) has disclosed that its incoming CEO, Ted Pick, along with two other top executives, Andy Saperstein and Dan Simkowitz, who were contenders for the CEO position, will receive one-time
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JPMorgan Chase’s Chief Executive Officer, Jamie Dimon, has made a significant announcement that he intends to sell a portion of his shares in the bank in the coming year. This move marks
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