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11.12.24 - 10:19
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STOXX dips, retail eyes third worst day this year (Reuters EN)
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LIVE MARKETS-STOXX dips, retail eyes third worst day this year STOXX 600 down 0.2% Inditex profit miss hits retail Eyes on U.S. CPI Wall St futures little changed Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com STOXX DIPS, RETAIL EYES THIRD WORST DAY THIS YEAR The open in Europe was rather muted on Wednesday as traders sat on the sidelines before the U.S....
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11.12.24 - 09:51
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UK retail stores ABF, Next fall on weak Inditex results (Reuters EN)
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BUZZ-UK retail stores ABF, Next fall on weak Inditex results ** Shares in UK retailers fall following weaker-than-expected quarterly results from peer Inditex ITX.MC ** Shares in Primark owner ABF ABF.L and Next NXT.L down about 1.5% and 1% respectively ** ABF among top pct losers on FTSE 100 .FTSE index, which is down 0.3% ** Zara owner Inditex re...
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11.12.24 - 09:30
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Turkey Retail Sales Growth Eases In October (AFX)
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ANKARA (dpa-AFX) - Turkey's retail sales continued to grow sharply in October, though at a slightly slower pace compared to the previous month, the Turkish Statistical Institute said on Wednesday.......
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11.12.24 - 08:33
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E-retailer Zalando to buy About You in deal valuing rival at $1.2 bln (Reuters EN)
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UPDATE 1-E-retailer Zalando to buy About You in deal valuing rival at $1.2 bln recasts headline and lede, adds shares, About You shareholders, combined entity guidance Dec 11 (Reuters) - German online retailer Zalando ZALG.DE said on Wednesday it would acquire fashion group About You YOUG.DE in a deal valuing its rival at 1.1 billion euros ($1.2 billion), as part of plans to form a pan-European e-commerce platform....
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11.12.24 - 08:17
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German e-retailer Zalando makes takeover bid for rival About You (Reuters EN)
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German e-retailer Zalando makes takeover bid for rival About You Dec 11 (Reuters) - German online retailer Zalando ZALG.DE on Wednesday said it intends to acquire fashion holding About You YOUG.DE for 6.50 euros ($6.84) per share, as part of plans to form a pan-European e-commerce platform. ($1 = 0.9502 euros) Reporting by Andrey Sychev, editing by...
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11.12.24 - 08:17
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Zara owner Inditex reports strong start of holiday shopping season (Reuters EN)
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Zara owner Inditex reports strong start of holiday shopping season MADRID, Dec 11 (Reuters) - Zara owner Inditex ITX.MC reported strong trading over the start of the holiday season, with revenues 9% in the six weeks to Dec. 9 as the world's biggest fast-fashion retailer kept drawing in shoppers even as rivals struggled. Revenue growth in the period which includes the key Black Friday sales was slower than a year ago but was faster than during the first nine months ....
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11.12.24 - 07:10
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MobiKwik′s $67 mln India IPO fully sold in first hour as retail investors rush in (Reuters EN)
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UPDATE 1-MobiKwik's $67 mln India IPO fully sold in first hour as retail investors rush in Adds details on bids received in paragraph 2, background in paragraphs 5-8 Dec 11 (Reuters) - Indian digital payments firm MobiKwik's ONEM.NS 5.72 billion-rupee ($67.4 million) initial public offering (IPO) was fully subscribed within the first hour of sale on Wednesday, as investors bet on strong growth prospects in India's booming online payments market....
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10.12.24 - 23:01
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PNC says banks with core retail deposits could be M&A targets (Reuters EN)
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UPDATE 1-PNC says banks with core retail deposits could be M&A targets Adds comments on bank earnings in paragraph 6-7 Trump's administration may boost bank M&A activity Large regional banks likely to be involved, experts say By Saeed Azhar, Pritam Biswas Dec 10 (Reuters) - PNC Financial Services Group PNC.N would look at banks with core retail deposits in the right markets for mergers and acquisitions but would avoid lenders with heavy real estate exposure, its CEO said on Tuesday....
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10.12.24 - 01:18
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Auto retail sales in November rise 11.2%, PV down 14% (Times of India)
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India's November vehicle retail sales rose 11.2% to 32,08,719 units, driven by a 15.8% surge in two-wheeler demand due to festive spillover. However, passenger vehicle sales dipped 13.7% to 3,21,943 units, hampered by weak sentiment, limited product variety, and a lack of new launches, despite some support from rural markets....
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