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Germany corporate earnings week ahead

DIARY-Germany corporate earnings week ahead Oct 18 (Reuters) - Diary of Germany (.GDAXI) corporate earnings for the week ahead GERMANY EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 21-Oct-2024 19:05 SAPG.DE SAP SE Q3 2024 SAP SE Earnings Release 22-Oct-2024 AMC DB1Gn.DE Deutsche Boerse AG Q3 2024 Deutsche Boerse AG Earnings Release 23-Oct-2024 NTS DBKGn.DE Deutsche Bank AG Q3 2024 Deutsche Bank AG Earnings Release 24-Oct-2024 07:00 MTXGn.DE MTU Aero Engines AG Q3 2024 MTU Aero
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European shares headed for weekly gains after ECB rate cut

European shares headed for weekly gains after ECB rate cut For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Oct 18 (Reuters) - European shares opened muted on Friday, after the European Central Bank's latest rate cut and upbeat earnings prompted strong gains in the previous session, with the main stocks gauge headed for a second weekly rise.
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Chinese robotaxi firm Pony AI files for US IPO

UPDATE 2-Chinese robotaxi firm Pony AI files for US IPO Adds details from filing in paragraphs 3 and 4, context on company and sector in paragraphs 5, 6, 8 Oct 17 (Reuters) - China-based autonomous driving firm Pony AI, backed by automaker Toyota 7203.T , filed for an initial public offering in the U.S. on Thursday, in another sign of growing investor interest in new listings and easing regulatory pressures.
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What to expect in 2024: Forecasts for GDP, inflation and other assets

FACTBOX-What to expect in 2024: Forecasts for GDP, inflation and other assets Updates with Citigroup's EUR/USD forecast Oct 17 (Reuters) - The U.S. Federal Reserve finally cut its interest rate by an oversized 50 basis points (bps) in its Sept 17-18 meeting that Chair Jerome Powell said was meant to show policymakers' commitment to sustaining a low unemployment rate now that inflation had eased.
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Top of the Street: Endesa, Givaudan, Lufthansa, Maersk

BUZZ-Top of the Street: Endesa, Givaudan, Lufthansa, Maersk A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** UBS cuts A.P. Moeller-Maersk MAERSKb.CO to "neutral" from "buy," saying the Danish shipping group's lower valuation reflects concerns about mid-term overcapacity and the logistics transformation costs ** Citigroup cuts Swiss fragrance and flavour maker Givaudan GIVN.S to "neutral" from "buy" on peak performance in 2024 that leaves little growth for
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India's Muthoot Finance raises $400 mln through dollar bonds

India's Muthoot Finance raises $400 mln through dollar bonds By Bhakti Tambe and Dharamraj Dhutia MUMBAI, Oct 17 (Reuters) - India's Muthoot Finance MUTT.NS has raised $400 million through sale of dollar-denominated bonds maturing in four years and six months, two merchant bankers said on Thursday. The country's largest gold finance company will pay a semi-annual coupon of 6.3750% on this issue, the bankers said, adding that bids opened on Wednesday and closed earlier in the day.
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KKR to launch sale of Goodpack, valued at around $1.8 bln, sources say

UPDATE 1-KKR to launch sale of Goodpack, valued at around $1.8 bln, sources say Adds response from Goodpack in paragraph 6 By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE, Oct 16 (Reuters) - KKR & Co KKR.N is set to launch the sale of Singapore-based Goodpack in a deal that could value the provider of shipping containers and logistics services at around $1.8 billion, people with knowledge of the matter said.
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Top of the Street: L'Oreal, Teleperformance, Irish banks, Informa

BUZZ-Top of the Street: L'Oreal, Teleperformance, Irish banks, Informa A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** J.P. Morgan cuts L'Oreal OREP.PA to "underweight" from "neutral", citing perceived risks to the French firm's growth expectations and premium rating ** Kepler Cheuvreux raises French telemarketer Teleperformance TEPRF.PA to "buy" from "hold", saying appointment of new chairman may speed up CEO transition, and deeming "sequential" improve
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Just Eat Takeaway slips as Q3 GTV and order volume lag estimates

CORRECTED-BUZZ-Just Eat Takeaway slips as Q3 GTV and order volume lag estimates Corrects 6th bullet to say 9-month growth, not Q3, was 3% ** Shares in Just Eat Takeaway TKWY.AS fall over 2% after Europe's biggest food delivery firm by revenue missed forecasts for Q3 gross transaction value (GTV) and order volume ** GTV, a common metric for delivery
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KKR to launch sale of Goodpack, valued at around $1.8 bln, sources say

KKR to launch sale of Goodpack, valued at around $1.8 bln, sources say By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE, Oct 16 (Reuters) - KKR & Co KKR.N is set to launch the sale of Singapore-based Goodpack in a deal that could value the provider of shipping containers and logistics services at around $1.8 billion, people with knowledge of the matter said.
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What to expect in 2024: Forecasts for GDP, inflation and other assets

FACTBOX-What to expect in 2024: Forecasts for GDP, inflation and other assets Updates with Goldman Sachs and UBS Global Research S&P targets, BofA and Deutsche Bank 10-year yield targets, FX forecasts from BofA, UBS and Citigroup and GDP forecasts from Deutsche Bank, BofA and Goldman Sachs Oct 15 (Reuters) - The U.S. Federal Reserve finally cut its interest rate by an oversized 50 basis points (bps) in its Sept 17-18 meeting that Chair Jerome Powell said was meant to show policymakers' commitmen
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Mankind Pharma sees strong demand for debut bond, bankers say

UPDATE 2-India New Issue-Mankind Pharma sees strong demand for debut bond, bankers say Updates paragraph 10 with responses from bankers By Dharamraj Dhutia and Bhakti Tambe MUMBAI, Oct 15 (Reuters) - Indian mutual funds were large buyers for a maiden bond issue from Mankind Pharma MNKI.NS , three bankers, including one directly involved in the deal, said on Tuesday.
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Tech stocks hurt STOXX 600, ASML logs biggest one-day drop in 26 years

UPDATE 2-Tech stocks hurt STOXX 600, ASML logs biggest one-day drop in 26 years For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. INSEE: French inflation slowed more than expected in Sept. Energy shares hit multi-week lows Ericsson climbs after Q3 core profit beat Deutsche Bank falls after Goldman carries out stock sale Updated at 1600 GMT By Paolo Laudani, Ankika Biswas and Johann M Cherian Oct 15 (Reuters) - European shares posted their
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European shares climb to two-week highs; oil stocks slump

European shares climb to two-week highs; oil stocks slump For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Oct 15 (Reuters) - European shares scaled a fresh two-week high on Tuesday, while investors monitored the ongoing corporate earnings season and awaited further economic cues from the central bank's interest rate decision due later this week.
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Deutsche Bank shares fall after Goldman carries out stock sale

UPDATE 2-Deutsche Bank shares fall after Goldman carries out stock sale Updates with opening shares, graphic, and analyst comment FRANKFURT, Oct 15 (Reuters) - Deutsche Bank DBKGn.DE shares fell 1.8% early on Tuesday after the sale of a block of some 16 million shares in Germany's largest lender, making the lender one of the biggest losers in the DAX index of blue-chip stocks.
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Sale of 16 million Deutsche Bank shares priced at 16.01 euros, bookrunner says

REFILE-Sale of 16 million Deutsche Bank shares priced at 16.01 euros, bookrunner says Refiles to correct day in paragraph 1 to Tuesday, not Monday FRANKFURT, Oct 15 (Reuters) - The sale of some 16 million shares in Deutsche Bank DBKGn.DE were priced at 16.01 euros ($17.43), a bookrunner for the transaction said on Tuesday. It remained unclear who was behind the sale of shares in Germany's largest bank.
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Five reasons to still worry about inflation

LIVE MARKETS-Five reasons to still worry about inflation STOXX 600 down 0.1% Telecoms, utilities lead UK gambling names fall Wall St futures steady 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 FIVE REASONS TO STILL WORRY ABOUT INFLATION Markets have spent all year worrying about inflation, and while price rises are nearly back at target, and at it in several markets, Deutsche
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How the euro can fall to parity vs dollar

LIVE MARKETS-How the euro can fall to parity vs dollar STOXX 600 down 0.1% Investors overlook French budget Luxury shares lag S&P futures down 0.1% 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 HOW THE EURO CAN FALL TO PARITY VERSUS DOLLAR The debate surrounding the euro-dollar outlook remains intense, with investors focused on the divergence of the Fed's and the ECB's easing p
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US regulators impose penalties to resolve money laundering probes

FACTBOX-US regulators impose penalties to resolve money laundering probes Oct 10 (Reuters) - Canada's TD Bank TD.TO agreed to pay a combined $3 billion in penalties on Thursday as part of a settlement with U.S. authorities over charges it failed to monitor and prevent money laundering. The issue highlights a recurring challenge in the financial industry.
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Top of the Street: Anglo American, Boliden, Brenntag, Wacker Chemie

BUZZ-Top of the Street: Anglo American, Boliden, Brenntag, Wacker Chemie A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Stifel raises German chemicals distributor Brenntag BNRGn.DE to "buy" from "hold" citing a potential upside to the stock price, and says it expects 2025 to be the second year of earnings recovery for the diversified chemicals sector ** J.P.Morgan cuts Anglo American AAL.L to "neutral" from "overweight" and Boliden BOL.ST to "underweigh
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