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Spirits maker Diageo’s sales exceed estimates on strong U.S. demand

Spirits group Diageo (DGE.L) reported on Thursday a better-than-expected rise in full-year organic net sales growth, as North American bars and restaurants reopened helping boost demand for its tequila brands

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UK mortgage lending booms but consumers stay wary about debt

British mortgage lending showed a record surge in June as home-buyers rushed to qualify for a tax break before it was scaled back, but other data added to signs that

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Singapore Airlines first-quarter loss narrows on cargo demand boost

Singapore Airlines Ltd (SIA) (SIAL.SI) on Thursday posted a S$409 million ($302 million) first-quarter loss, narrower than a year earlier, helped by a strong air cargo market and no major

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China’s efforts to calm investor jitters help markets rebound

China stepped up attempts to calm frayed investor nerves after a wild markets rout this week by telling foreign brokerages not to “overinterpret” its latest regulatory actions, setting the stage

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Tesla-chaser Volkswagen lifts margin outlook again after record profit

Europe’s largest carmaker Volkswagen (VOWG_p.DE) raised its profit margin target on Thursday for the second time in less than three months, pointing to record earnings in the first half of

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Walmart’s Flipkart, Amazon ask India’s top court to stop antitrust queries

Walmart (WMT.N)-owned Flipkart and Amazon.com Inc (AMZN.O) have asked India’s Supreme Court to restrain the country’s antitrust body from seeking sensitive business information in an e-commerce investigation. The requests, in

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Latest shift to tech leaves Cathie Wood’s ARKK in the cold

A rebound in growth stocks over the last month is doing little to bolster the performance of Cathie Wood’s ARK Innovation ETF, which has lagged this year after outperforming all

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