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China’s Luckin plans store expansion, remains committed to U.S. market
By Julie Zhu and Sophie Yu HONG KONG/BEIJING (Reuters) - Two years after it was forced to withdraw from the Nasdaq for an accounting fraud, China's Luckin Coffee believes it has emerged from its "dark...
Syndicated Content Aug 09, 2022
S.Korea to probe app store operators over suspected in-app payment violations
SEOUL (Reuters) - South Korea's telecommunications regulator on Tuesday said it plans to launch an investigation into app store operators such as Apple Inc, Alphabet's Google and One Store over suspec...
Syndicated Content Aug 09, 2022
France sees wine production rebounding after frost-hit 2021
PARIS (Reuters) - Wine production in France is expected to reach between 42.6 million and 45.6 million hectolitres this year, up 13-21% compared with last year's output that was hit by spring frost, t...
Syndicated Content Aug 09, 2022
German economy to lose $265 billion in added value due to war, high energy prices-study
BERLIN (Reuters) - Germany's economy will lose more than 260 billion euros ($265 billion) in added value by 2030 due to the Ukraine war and high energy prices, spelling negative effects for the labour...
Syndicated Content Aug 09, 2022
European shares edge lower after strong start to week
(Reuters) - European shares edged lower at the open on Tuesday as value stocks struggled to extend a bounce from the start of the week, with investors cautiously waiting for key U.S. inflation data la...
Syndicated Content Aug 09, 2022
Italy’s antitrust fines UnipolSai, Generali over unfair commercial practices
MILAN (Reuters) - Italy's competition authority AGCM fined insurance groups UnipolSai and Generali 5 million euros ($5.10 million) each for allegedly carrying out unfair commercial practices, the auth...
Syndicated Content Aug 09, 2022
Aluminium foundry fights for survival in European gas crisis
By Victoria Waldersee and Martin Schlicht SOLTAU, Germany (Reuters) - Shouting over the clanging of machinery, Gerd Roeders is reluctantly preparing for the temporary shutdown of his German aluminium ...
Syndicated Content Aug 09, 2022
Legal & General on track to hit financial goals as H1 profit rises
(Corrects 'billion' to 'trillion' in fifth paragraph) LONDON (Reuters) -Britsh insurer Legal & General said it was on track to meet or beat cash and capital generation goals as it recorded an 8% rise ...
Syndicated Content Aug 09, 2022
Dufry’s turnover more than doubles as sales inch towards 2019 levels
By Tristan Chabba and Jagoda Darlak (Reuters) -Swiss duty-free retailer Dufry said on Tuesday it saw strong sales momentum continue in July despite the soaring inflation, after its turnover more than ...
Syndicated Content Aug 09, 2022
Holiday Inn owner IHG sweetens shareholder returns on travel rebound
(Reuters) -Holiday Inn owner IHG on Tuesday announced a share buyback programme of $500 million and resumed interim dividend, after its half-year profit more than doubled on the back of a steady recov...
Syndicated Content Aug 09, 2022
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