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UK house prices rise slightly more than expected in September, Nationwide data shows

LONDON (Reuters) -British house prices rose slightly faster than expected last month, increasing 0.5% in September after a 0.1% drop in August, major mortgage lender Nationwide Building Society said on Wednesday. House prices in September were 2.2% higher than a year earlier, up from an annual increase of 2.1% in August and well below the …

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Russian manufacturing sector sees sharper contraction in September, PMI shows

MOSCOW (Reuters) -Russia’s manufacturing sector contracted slightly faster in September than the previous month as both output and new orders shrank more quickly, a survey by S&P Global showed on Wednesday. The S&P Global Russia Manufacturing Purchasing Managers’ Index (PMI) fell to 48.2 in September from 48.7 in August, marking the fourth consecutive month of …

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Mutares’ subsidiary to buy Austrian military vehicles maker

(Reuters) -Mutares’s subsidiary Magirus will acquire Achleitner Fahrzeugbau, an Austrian company that produces vehicles for military and police operations, the German holding firm said in a statement on Wednesday. Mutares said the transaction is expected to close in the fourth quarter of 2025, without giving further details. (Reporting by Paolo Laudani, Editing by Miranda Murray)

France new car registrations up 0.97% in September, industry body says

(Reuters) -New car registrations in France rose 0.97% in September from a year earlier to 140,354 vehicles, data from French car body PFA showed on Wednesday. Tesla sales in the country climbed 2.74% to 5,584 vehicles last month. Since the start of the year, Tesla’s sales have slumped by 31.66%, while the overall French market …

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UK’s Institute of Directors reports record-low business morale

By David Milliken LONDON (Reuters) -Britain’s Institute of Directors said business confidence had fallen to its lowest in more than nine years in a survey published on Wednesday that pointed to job cuts and lower investment. The bleak outlook – based on 588 responses, mostly from small or very small businesses – stands at odds …

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UK competition watchdog to probe Subsea 7-Saipem merger

(Reuters) -Britain’s competition regulator said on Tuesday it has started a probe into the merger between Norway’s Subsea 7 and Italy’s Saipem for probable competition concerns in the energy services sector. The phase 1 investigation into the all-share deal, that will form a leading global player in offshore energy services, has a deadline of November …

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Dollar falters as US govt shutdown risk intensifies

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar fell on Tuesday following softer-than-expected economic data, as investors awaited a likely U.S. government shutdown that could disrupt the release of the monthly nonfarm payrolls report this week. Government funding expires at midnight on Tuesday (0400 GMT) unless Republicans and Democrats agree to a last-minute interim deal. …

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Sanofi says under investigation by European Commission over vaccines

BRUSSELS (Reuters) -French pharmaceutical group Sanofi said on Tuesday that representatives of the European Commission had visited its premises in France and Germany on Monday in connection with an investigation into its conduct in the seasonal flu vaccine space. The company said it is confident that it is compliant with the relevant rules and regulations …

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Codelco names VP to lead integration at Andina mine with Anglo American

SANTIAGO (Reuters) -The world’s biggest copper miner, Chile’s Codelco, has named Gonzalo Lara Skiba as vice president of integrating operations at Andina, a role in which he will spearhead a shared mine plan between Codelco’s Andina and Anglo American’s Los Bronces. “This vice presidency faces the challenge of transforming the strategic agreement into concrete and …

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