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J.P. Morgan upgrades euro zone to ‘overweight’, cites attractive equities

(Reuters) -J.P. Morgan upgraded its stance on the euro zone to “overweight” from “neutral” on Monday, noting that the equities in the region have become more attractive after several months of underperformance and policy support. “The time is coming up ...
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Framework deal for European space giant will require some weeks, source says

ROME (Reuters) -A framework agreement between Italy’s Leonardo and France’s Thales and Airbus for a new European space giant will require some weeks, a source with knowledge of the matter said on Monday. The parties are still considering some ...
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Citigroup turns cold on UK equities, doubles down on EM optimism

(Reuters) -Citigroup has double downgraded UK equities to “underweight” from “overweight”, while upgrading Emerging Markets (EM) to “overweight” in a strategic pivot toward cyclical and AI-driven growth opportunities. Analysts at Citi raised their mid-2026 target for the MSCI EM index ...
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Eli Lilly to invest over $1 billion in India to expand manufacturing capacity

By Rishika Sadam (Reuters) -Eli Lilly will invest more than $1 billion in India in the coming years to boost manufacturing and supply through local drugmakers, the company said on Monday, as it seeks to tap into skilled workforce to ...
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Former England rugby captain Lewis Moody diagnosed with ALS

LONDON (AP) — Lewis Moody, the former England rugby captain and 2003 World Cup winner, has been diagnosed with ALS, also known as motor neurone disease. The 47-year-old Moody said he has “a bit of muscle wasting in the hand ...
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Europe satellite merger talks hit snag over workshare, report says

PARIS (Reuters) -Talks between Airbus, Thales and Leonardo to create a major new European satellite manufacturer have hit a roadblock after existing partners Thales and Leonardo asked for more time, French daily La Tribune reported. Airbus and the other two ...
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Toyota says deal to take key supplier private delayed to February or later

TOKYO (Reuters) -Toyota Motor said on Monday that its tender offer for forklift maker Toyota Industries is now likely to begin in February or later, pushing back a previously expected early December launch. The Toyota group had said in June ...
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Mondi shares plunge 15% as profit growth slows amid weak demand

(Reuters) -British packaging and paper firm Mondi said on Monday its core profit growth slowed in the third quarter due to weak demand and lower prices, and warned that challenges will persist this year, sending its shares sharply lower.  Shares ...
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India files criminal case against cough-syrup maker linked to deaths of 10 children

NEW DELHI (Reuters) -Indian police have launched criminal action against a maker of cough syrup whose product was found to contain dangerous levels of a toxic chemical, following the deaths of ten children suspected to have consumed contaminated medicine. Known ...
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AstraZeneca’s Datroway boosts survival in advanced breast cancer trial

(Reuters) -AstraZeneca said on Monday its precision drug Datroway improved overall survival and progression free survival in patients with an advanced form of breast cancer versus chemotherapy in a trial when given early during treatment. The treatment, which is being ...
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UK’s Aston Martin forecasts bigger loss for fiscal 2025

(Reuters) -Luxury carmaker Aston Martin warned on Monday of a full-year loss that would be bigger than market consensus, citing softer volumes and economic pressures stemming from tariffs and a newly implemented quota system. The British carmaker now expects its ...
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Kitchenware maker SEB cuts annual profit forecast as demand weakens in Europe and U.S

By Gianluca Lo Nostro (Reuters) -French kitchenware maker SEB cut its annual sales and profit forecast on Monday, saying business has been slower than expected in Europe and a “wait and see” attitude among U.S. consumers and business clients has ...
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