European shares pause after recent rally, BoE decision in focus
(Reuters) - European stocks were muted on Thursday, as investors took a breather after recent gains and awaited the Bank of England's policy decision later in the day, while shares of Spanish bank Sabadell jumped after rival BBVA's hostile takeover...
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Gunmen in Pakistan kill seven labourers near Gwadar port, say police
QUETTA, Pakistan (Reuters) - Gunmen shot and killed seven labourers near southwestern Pakistan's Gwadar port early on Thursday, police said. Police official Mohsin Ali said the gunmen stormed into a house some 25 km (15 miles) east of the port city...
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Myanmar junta reiterates election plan after ex-Cambodia PM seeks Suu Kyi access
(Reuters) - Myanmar's military chief discussed plans to hold an election in the country with former Cambodian leader Hun Sen in talks this week, a senior official said, even as the ruling junta faces unprecedented pressure from an expanding armed r...
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Australia backs long-term gas drilling despite 2050 climate goals
By Alasdair Pal SYDNEY (Reuters) -Australia's Labor government on Thursday laid out a strategy to boost natural gas development even as it remains committed to net zero carbon emissions by 2050, highlighting demand from key Asian trade partners. Austra...
20m ago
Blackstone likely winner for Hipgnosis Songs as Concord maintains lower bid
(Reuters) - Apollo-backed Concord said on Thursday it will stick with its offer of $1.25 apiece for Hipgnosis Songs Fund, days after Blackstone outbid it for the music rights owner of artists such as Shakira and Red Hot Chili Peppers. The $1.51 bil...
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Japan's Nippon Steel full-year profit down 21%, beats estimates
TOKYO (Reuters) - Nippon Steel, Japan's biggest steelmaker, posted on Thursday a 20.8% fall in net profit for the year ended in March to 549.4 billion yen, beating estimates. Nippon Steel had been expected to post a net profit of 464.6 billion yen,...
1h ago
Takeda profit slumps by half as Japanese drugmaker rebuilds pipeline
TOKYO (Reuters) - Japan's Takeda Pharmaceutical said full-year earnings slumped by more than half as the company focused on rebuilding its drug pipeline to make up for the loss of patent protection for major sellers. Operating profit was 214.1 bill...
1h ago
Yemen's Houthis say they targeted ships in Gulf of Aden, Indian Ocean
DUBAI (Reuters) - Yemen's Iran-aligned Houthis targeted two ships, the MSC DEGO and the MSC GINA, in the Gulf of Aden using a number of ballistic missiles and drones, the group's military spokesman Yahya Sarea said in a televised speech on Thursday...
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Panasonic expects battery unit's annual profit to rise 23%
TOKYO (Reuters) - Japan's Panasonic Holdings forecast on Thursday a 23% rise in operating profit for its battery-making energy unit in the current business year, after undershooting its estimated operating profit for the year that just ended. Opera...
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ITV forecasts 12% jump in Q2 ad revenue on Euros demand
LONDON (Reuters) - Britain's ITV said its advertising revenue would jump by around 12% in the second quarter, four times the level achieved in the first, boosted by the Euros soccer championship which kicks off in June. The company, which broadcast...
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