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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: TFG, Evergrande New Energy Vehicle, Fnac Darty Updates: Capri Oct 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1533 GMT on Friday: ** South African fashion and homewares retailer TFG TFGJ.J has bought UK-based fashion and lifestyle retailer White Stuff, it said, in a deal that will help it reach "critical mass".
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BP PLC <BP.N> expected to post earnings of 76 cents a share - Earnings Preview

BP PLC expected to post earnings of 76 cents a share - Earnings Preview BP PLC BP.N , BP is expected to show a fall in quarterly revenue when it reports results on October 29 for the period ending September 30 2024 The London United Kingdom-based company is expected to report a 1.3% decrease in revenue to $52.557 billion from $53.27 billion a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Oct 25 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday: ** Air France-KLM AIRF.PA wants to take part in the privatisation of Portugal's carrier TAP and is open to various options the government may offer, including purchasing a minority stake, a source familiar with the matter told Reuters.
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UK Stocks-Factors to watch on Oct 25

UPDATE 1-UK Stocks-Factors to watch on Oct 25 Adds new items, updates futures Oct 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening h igher on Friday, with futures FFIc1 up 0.1%. * THAMES WATER: Britain's struggling utility Thames Water proposed to extend its liquidity runway, including up to 3 billion pounds ($3.89 billion) of new money in addition to access to cash reserves and debt extensions.
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UK Stocks-Factors to watch on Oct 25

UK Stocks-Factors to watch on Oct 25 Oct 25 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Friday, with futures FFIc1 down 0.02%. * BP: British oil giant BP BP.L said on Thursday it has taken full ownership of Lightsource BP, after closing the previously announced buyout of the remaining equity in the solar developer. * LEGAL & GENERAL: British money manager Legal & General LGEN.L has committed up to $200 million of investment into U.S.
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BP completes takeover of solar power JV Lightsource BP

BP completes takeover of solar power JV Lightsource BP Oct 24 (Reuters) - British oil giant BP BP.L said on Thursday it has taken full ownership of Lightsource BP, after closing the previously announced buyout of the remaining equity in the solar developer. Under the deal, announced in November last year, BP bought the remaining 50.03% stake in LSBP from its founders and management.
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BP Completes Acquisition Of Lightsource bp

BRIEF-BP Completes Acquisition Of Lightsource bp Oct 24 (Reuters) - BP PLC BP.L : BP: COMPLETES ACQUISITION OF LIGHTSOURCE BP Further company coverage: BP.L
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Castrol India's Q3 profit rises on persistent demand

Castrol India's Q3 profit rises on persistent demand Oct 24 (Reuters) - Engine oil maker Castrol India CAST.NS reported a 6.7% increase in third-quarter profit on Thursday, driven by continued demand for its automobile lubrication products. The company, in which oil major BP BP.L has a 51% stake, said profit after taxes rose to 2.07 billion rupees ($24.6 million) in the July-September quarter, from 1.94 billion rupees a year ago.
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Asia Crude Oil Tenders Summary-CPC buys 6 mln barrels of crude for January

Asia Crude Oil Tenders Summary-CPC buys 6 mln barrels of crude for January SINGAPORE, Oct 24 (Reuters) - For spot crude tender news stories please click..... CRU-O/TEND-O For tenders on oil products please click: Naphtha...... NAP/TENDA Gasoline... MOG/TENDA Jet/Diesel... MDIS/TENDA Fuel Oil... FUEL/TENDA OUTSTANDING ASIA/MIDEAST CRUDE OIL TENDERS:
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Polish bank PKO BP plans to expand into nine new markets in Europe

UPDATE 1-Polish bank PKO BP plans to expand into nine new markets in Europe Adds details on foreign expansion plans in paragraph 1-2, shares in paragraph 9 GDANSK, Oct 24 (Reuters) - PKO BP PKO.WA plans to expand into nine new markets in Europe as part of a new strategy for 2025-2027 unveiled on Thursday by Poland's biggest bank. PKO BP, which already has branches in Poland, Germany, Slovakia, and Ukraine, pointed to Polish companies' presence in foreign markets and the dynamic growth of Polish
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Equinor eyes lower spending on renewables after Orsted transaction

UPDATE 4-Equinor eyes lower spending on renewables after Orsted transaction Q3 core profit $6.89 bln vs forecast $7.08 bln Sees lower capex for renewables after earlier Orsted deal Share price rises 2.8% Recasts with renewables investment outlook, CFO, share price in paragraphs 1-7 By Nerijus Adomaitis and Nora Buli OSLO, Oct 24 (Reuters) - Equinor EQNR.OL said on Thursday it may invest less in renewable energy towards 2030 following its acquisition this month of a stake in wind power group Orst
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Equinor Q3 profit lags forecast

Equinor Q3 profit lags forecast OSLO, Oct 24 (Reuters) - Equinor EQNR.OL on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production. The Norwegian oil and gas producer's adjusted earnings before tax for July-September fell to $6.89 billion from $7.93 billion a year earlier, lagging the $7.08 billion seen in a poll of 25 analysts compiled by Equinor.
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India economic, corporate events on October 24

DIARY- India economic, corporate events on October 24 BENGALURU, Oct 24 (Reuters) - Diary of India economic, corporate events on October 24. ECONOMIC, CORPORATE .BSE500 EVENTS: RIC Local Start Date Local Time Indicator Name Period Reuters Poll Prior INPMIF=ECI 24 Oct 2024 10:30 HSBC Mfg Flash PMI Oct 56.6 56.5 INPMSF=ECI 24 Oct 2024 10:30 HSBC Services Flash PMI Oct 57.9 57.7 INPMCF=ECI 24 Oct 2024 10:30 HSBC Composite Flash PMI Oct 58.0 58.3 Start Date Start Time RIC Company Name Event Name 24-
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Harbour Energy joins North Sea producers' retreat ahead of tax hikes

EXCLUSIVE-Harbour Energy joins North Sea producers' retreat ahead of tax hikes Government plans to increase tax at next week's budget Harbour eyes U.S. listing with next acquisition Harbour launches sale of North Sea field stakes Executive warns North Sea "un-investible" By Ron Bousso LONDON, Oct 23 (Reuters) - Top British North Sea producer Harbour Energy HBR.L wants to sell stakes in North Sea oilfields and is reviving plans for a U.S.
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US fuelmakers to report lower Q3 profits on weaker margins, fuel demand

PREVIEW-US fuelmakers to report lower Q3 profits on weaker margins, fuel demand By Nicole Jao NEW YORK, Oct 23 (Reuters) - U.S. oil refiners' third quarter profits are expected to fall from last year on weakening margins as fuel demand softened and new refining capacity came online, energy analysts said. Refiners have come off favorable pricing and strong demand after the pandemic and Russia's invasion of Ukraine boosted margins to record levels.
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UK Stocks-Factors to watch on Oct 23

UPDATE 1-UK Stocks-Factors to watch on Oct 23 Adds new items, updates futures Oct 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0 .1%. * LLOYDS: Lloyds Banking Group LLOY.L reported third-quarter profits that exceeded expectations, and reaffirmed its performance guidance for 2024, citing increasing financial confidence among its customers.
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Poland - Factors to Watch Oct 23

Poland - Factors to Watch Oct 23 WARSAW, Oct 23 - The following are news stories, press reports and events that may affect Poland's financial markets on Wednesday. ALL TIMES GMT (Poland: GMT + 2 hours): BONDS Finance ministry to hold bond auction. DATA Poland's stats office to publish unemployment data at 0800. ZLOTY Polish central banker Ludwik Kotecki believes the U.S.
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UK Stocks-Factors to watch on Oct 23

UK Stocks-Factors to watch on Oct 23 Oct 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Wednesday, with futures FFIc1 down 0.08%. * WATER BILLS: Thames Water and other British water companies have said they need to raise bills by more than they had estimated, blaming new regulatory requirements and investment costs, Ofwat said.
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BP's head of LNG trading to leave at year-end

BP's head of LNG trading to leave at year-end LONDON, Oct 22 (Reuters) - BP's BP.L head of liquefied natural gas (LNG) trading, Jonty Shepard, will be leaving the company at the end of the year. Shepard said in a LinkedIn post that his departure after 17 years was announced internally on Tuesday. It was unclear who will succeed him. London-based BP is one of the world's biggest traders of LNG, which has become a key fuel in recent decades.
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Oil bounce lifts energy, STOXX muted

LIVE MARKETS-Oil bounce lifts energy, STOXX muted STOXX 600 unchanged Crude oil rebounds China cuts key lending rates Wall St futures 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 OIL BOUNCE LIFTS ENERGY, STOXX MUTED European shares got off to a muted start to the week on Monday, with gains across energy stocks helping major benchmarks shake off initial weakness.
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