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European stocks set for modest gains as Iran war dampens outlook, poll shows

European stocks set for modest gains as Iran war dampens outlook, poll shows

By Sophie Kiderlin LONDON, May 27 (Reuters) - European shares will struggle to post further gains for the rest of this year, a Reuters poll found, weighed down by the economic hit from the Iran war and a relative lack of popular AI-related stocks.
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AkzoNobel rejects takeover offer from Nippon Paint, Sherwin-Williams

AkzoNobel rejects takeover offer from Nippon Paint, Sherwin-Williams

By Dimitri Rhodes May 27 (Reuters) - Dulux paint maker AkzoNobel has rejected a cash takeover offer of €73 ($85) per share from rivals Nippon Paint and Sherwin-Williams, the Dutch company said on Wednesday, sending its shares 16% higher.
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JD.com Considers £2bn Bid for The Very Group Amid EU Scrutiny of Ceconomy Deal

JD.com Considers £2bn Bid for The Very Group Amid EU Scrutiny of Ceconomy Deal

JD.com Considers £2bn Bid for The Very Group Amid EU Scrutiny of Ceconomy Deal
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Analysis-Wall Street awaits GameStop CEO Cohen's next move after eBay rejected takeover bid

Analysis-Wall Street awaits GameStop CEO Cohen's next move after eBay rejected takeover bid

By Svea Herbst-Bayliss and Abigail Summerville NEW YORK, May 27 (Reuters) - GameStop CEO Ryan Cohen shared few details when he said he would do "whatever we need to do" to buy eBay after the e-commerce company rejected his $56 billion unsolicited takeover bid as "neither credible nor attractive." 
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Dollar set to weaken long-term, Europe has work to do, JPMorgan AM, Euroclear execs say

Dollar set to weaken long-term, Europe has work to do, JPMorgan AM, Euroclear execs say

LONDON, May 28 (Reuters) - The U.S. dollar will likely weaken over the long-term given concerns over elevated debt levels in the world's biggest economy, the EMEA CEO of JPMorgan Asset Management said on Thursday. "The hegemony of the U.S.
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Canada and Germany make liquefied natural gas deal as Carney looks to diversify from US

Canada and Germany make liquefied natural gas deal as Carney looks to diversify from US

A person familiar with the matter says Canada has reached a deal to export liquefied natural gas to Germany from a planned Pacific Coast terminal
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Analysis-Estée Lauder exits Puig talks, preserves firepower for selective M&A

Analysis-Estée Lauder exits Puig talks, preserves firepower for selective M&A

By Arriana McLymore NEW YORK, May 26 (Reuters) - After U.S. cosmetics company Estée Lauder walked away from merger talks with Spanish perfume maker Puig, analysts called the move prudent and said it left Estée with more flexibility to pursue other acquisitions.
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Delivery Hero shares surge to 18-month high as Uber eyes takeover

Delivery Hero shares surge to 18-month high as Uber eyes takeover

FRANKFURT/MILAN, May 25 (Reuters) - Uber is weighing a raised takeover bid for rival Delivery Hero after its initial €33-per-share offer on Saturday was rebuffed, an FT report said, sending the German group's stock up as much as 12.7% to their highest since late 2024.
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Uber Considers Improved Bid for Delivery Hero, Shares Surge 10%

Uber Considers Improved Bid for Delivery Hero, Shares Surge 10%

Uber Considers Improved Bid for Delivery Hero, Shares Surge 10%
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Uber Considers Improved Bid for Delivery Hero Amid Sector Consolidation

Uber Considers Improved Bid for Delivery Hero Amid Sector Consolidation

Uber Considers Improved Bid for Delivery Hero Amid Sector Consolidation
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European shares climb to over two-month highs on Iran-US peace optimism

European shares climb to over two-month highs on Iran-US peace optimism

May 25 (Reuters) - European shares opened on Monday at their highest levels in more than two months, buoyed by signs that Iran and the United States were negotiating an end to their conflict, easing concerns about inflation and a global economic slowdown.
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EU plans to fine Google high triple-digit million euro sum, Handelsblatt reports

EU plans to fine Google high triple-digit million euro sum, Handelsblatt reports

FRANKFURT/BRUSSELS, May 25 (Reuters) - The European Union is planning to fine Alphabet's Google a high triple-digit million euro amount as part of an antitrust investigation, Germany's Handelsblatt newspaper reported on Monday, citing commission sources.