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Latest Articles in europe

Global Stocks Slide On Inflation Fears, Dollar Gains

MSCI's benchmark for global equity markets slid 1.61% to 656.29 despite its large weighting to the U.S. tech heavyweights

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Pandemic Pushes BA-Owner IAG To A 4.4 Billion Euro Loss In 2020

UK-focused airlines were buoyed earlier this week when Britain laid out plans for travel markets to possibly reopen from mid-May, prompting a flood of bookings, but uncertainty remains over whether it will include IAG's long-haul routes.

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AstraZeneca Says It Will Have No Vaccine Supply Shortfall In Second Quarter, EU Wary

The EU official involved in talks with the company said AstraZeneca had provided no clarity on which global sites would supply the EU and whether export restrictions and regulatory issues could hamper supply.

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Axa's Cash And Capital Positions Beat Expectations, Shares Climb

Axa had cash holdings of 4.2 billion euros ($5.1 billion) as of end-December, well above its target of 1 billion to 3 billion euros - a buffer that Credit Suisse analysts said puts the company "back into the category of one of the strongly-capitalised major insurers in the sector".

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HSBC's Annual Profit Falls 34% As COVID-19 Takes Toll

Europe's biggest bank by assets, which makes the bulk of its revenue in Asia, reported profit before tax of $8.78 billion for 2020 versus $13.35 billion a year earlier.

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IKEA's Malls Arm Plans First India Site On Outskirts Of Delhi

IKEA, which opened its first store in India in 2018 in Hyderabad followed by one in Mumbai in 2020, said it would develop the new site into a mall anchored by an IKEA store.

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Germany's Daimler Sees 2021 Pandemic Recovery Lifting Sales, Profits

The automaker also confirmed its preliminary financial results for 2020 and said economic conditions in it key markets should continue to return to normal and that it expected no further setbacks as a result of the coronavirus pandemic.

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Thyssenkrupp Ends Talks With UK's Liberty On Steel Unit Sale

Thyssenkrupp's move to terminate talks shifts the focus to the group's two other scenarios for its steel division: keeping it or spinning it off to shareholders. Both would entail major additional cost and job cuts.

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Retailer Carrefour Eyes More Savings As 2020 Core Profits Rise

Carrefour is in the middle of a five-year plan to cut costs and jobs, as well as boost e-commerce investment in order to lift profits and sales and tackle competition from e-commerce giant Amazon.

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Foreign diplomats interact with locals in J-K's Budgam

Foreign diplomats interact with locals in J-K's Budgam

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Foreign envoys of over 20 nations arrive in J-K

Foreign envoys of over 20 nations arrive in J-K

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COVID Recovery Trade Buoys Shares, Ignites Commodities

Market sentiment in Europe was helped by gains overnight in Asian shares, with Japan's Nikkei blue chip index up 1.28% at a 30-year high.

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TikTok Hit With Consumer Law Breaches Complaints Across Europe

TikTok fails to protect children and teenagers from hidden advertising and potentially harmful content on its platform

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Global Shares Hit New Peak, Oil Up On Middle East Tensions

E-mini futures for the S&P 500 were also higher, up 0.3%, although U.S. stock markets will be closed on Monday for the Presidents Day holiday.

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116-year-old French nun, who survived two World Wars and Spanish Flu, survives COVID-19

116-year-old French nun, who survived two World Wars and Spanish Flu, survives COVID-19

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