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Temu considers joining European anti-counterfeit group

UPDATE 1-Temu considers joining European anti-counterfeit group Adds Temu comment in paragraph 4, updates user numbers in 11, adds European Commission investigation in 6 By Helen Reid LONDON, Oct 31 (Reuters) - Chinese online retailer Temu is considering joining a group of ecommerce platforms and brands that collaborate to prevent the sale of fake products online in Europe, according to a meeting agenda seen by Reuters.
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Temu considers joining European anti-counterfeit group

Temu considers joining European anti-counterfeit group By Helen Reid LONDON, Oct 31 (Reuters) - Chinese online retailer Temu is considering joining a group of ecommerce platforms and brands that collaborate to prevent the sale of fake products online in Europe, according to a meeting agenda seen by Reuters. The "Memorandum of Understanding (MoU) on the sale of counterfeit goods on the internet" is a voluntary agreement facilitated by the European Commission, and signatories include online retail
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Arkema, Flatexdegiro, Mediobanca

EUROPE RESEARCH ROUNDUP-Arkema, Flatexdegiro, Mediobanca Oct 31 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Arkema, Flatexdegiro and Mediobanca, on Thursday. HIGHLIGHTS * Arkema SA AKE.PA : Berenberg raises to buy from hold * Flatexdegiro AG FTKn.DE : Goldman Sachs raises to buy from neutral * Mediobanca MDBI.MI : Deutsche Bank raises to hold from sell * Orsted ORSTED.CO : Deutsche Bank cuts to hold from buy * Syensqo NV SYENS.
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Clariant, M6, Ucb

EUROPE RESEARCH ROUNDUP-Clariant, M6, Ucb Oct 30 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Clariant, M6, and Ucb, on Wednesday. HIGHLIGHTS * Adidas AG ADSGn.DE : Deutsche Bank raises target price to EUR 275 from EUR 270 * Clariant AG CLN.S : JP Morgan cuts target price to CHF 14 from CHF 15 * M6 MMTP.PA : JP Morgan cuts target price to EUR 13.1 from EUR 13.7 * Nel ASA NEL.OL : Morgan Stanley cuts to underweight from equal wei
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British Business - Oct 30

PRESS DIGEST-British Business - Oct 30 Oct 30 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British chip producer IQE IQE.L announced that Chief Executive Americo Lemos has left the company with immediate effect and finance chief Jutta Meier will become interim chief executive.
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Adidas reaches out-of-court settlement with rapper Ye

UPDATE 1-Adidas reaches out-of-court settlement with rapper Ye Adds that no money changed hands, adds quote on how settlement was agreed in paragraph 4 LONDON, Oct 29 (Reuters) - Adidas has reached an out-of-court settlement with rapper Ye to end all legal proceedings between them, the sportswear brand said on Tuesday, adding that no money changed hands in the agreement.
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Adidas reaches settlement with rapper Ye

Adidas reaches settlement with rapper Ye LONDON, Oct 29 (Reuters) - Adidas has reached a settlement with rapper Ye to end all legal proceedings between them, the sportswear brand said on Tuesday, without giving a value for the deal. Adidas and Ye had been embroiled in multiple lawsuits for the past two years, since the German company ended a partnership with the rapper previously known as Kanye West over antisemitic comments he made.
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STOXX 600 falls on earnings drag, travel and leisure worst hit

UPDATE 2-STOXX 600 falls on earnings drag, travel and leisure worst hit For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window BP shares touch July 2022 lows HSBC rises after Q3 profit beat, share buyback plan Lufthansa slides on lower Q3 profit Adidas rises on 'generally positive' Q3 details, China strength STOXX 600 down 0.6% Updates with closing levels By Ankika Biswas and Pranav Kashyap Oct 29 (Reuters) - Europe's main stock index dropped o
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STOXX inches up, Q3 reporting steams ahead

LIVE MARKETS-STOXX inches up, Q3 reporting steams ahead STOXX 600 up 0.3% HSBC beats expectations Earnings in full swing Wall St futures up slightly 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 STOXX INCHES UP, Q3 REPORTING STEAMS AHEAD It was all about Q3 earnings releases in early trading on Tuesday with broader indices inching up just slightly, while companies that reported
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Adidas rises on 'generally positive' Q3 details, China strength

BUZZ-Adidas rises on 'generally positive' Q3 details, China strength ** Shares in Adidas ADSGn.DE rise 2.3% after the German sportswear maker confirmed its preliminary Q3 results, helped by growth across its regions and channels ** Analysts note limited surprises due to Adidas' Q3 pre-release and FY outlook hike earlier in October ** "That being said, the new details provided on Q3 are generally positive, with strength in Europe and China," which both beat expectations, J.P.Morgan says ** Jeffer
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Europe before the bell: HSBC beat and more earnings

LIVE MARKETS-Europe before the bell: HSBC beat and more earnings 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 EUROPE BEFORE THE BELL: HSBC BEAT AND MORE EARNINGS European shares were set to rise at the open on Tuesday, with Big Tech earnings starting from Alphabet parent Google GOOGL.O later in the day taking centre stage, just one week before U.S.
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Top Adidas shareholder cuts stake to 3.51%

UPDATE 1-Top Adidas shareholder cuts stake to 3.51% Adds GBL comment LONDON, Oct 29 (Reuters) - Top Adidas ADSGn.DE shareholder Groupe Bruxelles Lambert GBLB.BR has cut its stake in the German sportswear company to 3.51%, Adidas announced in filing s on Tuesday. GBL, the investment holding company for the billionaire Frère and Desmarais families, had announced on July 31 it had cut its stake to 5.1% from 7.6%.
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Top Adidas shareholder cuts stake to 3.51%

Top Adidas shareholder cuts stake to 3.51% LONDON, Oct 29 (Reuters) - Top Adidas ADSGn.DE shareholder Groupe Bruxelles Lambert GBLB.BR has cut its stake in the German sportswear company to 3.51%, Adidas announced in a filing on Tuesday. The investment holding company owned by the billionaire Frère and Desmarais families, GBL had announced on July 31 it had cut its stake to 5.1% from 7.6%.
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Adidas sees strong sales in China as it opens more stores

UPDATE 6-Adidas sees strong sales in China as it opens more stores Q3 currency-neutral sales up 9% in Greater China North America currency-neutral sales down 7% Gross margin increases 2 percentage points Shares up 3.3% Updates shares, adds Yeezy sales, rephrases analyst quote in paragraph 6 By Linda Pasquini and Helen Reid Oct 29 (Reuters) - Adidas ADSGn.DE saw strong growth in Greater China in the third quarter, while sales in North America excluding Yeezy shoes were up thanks to improving bran
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Adidas reports rise in China sales in third quarter

Adidas reports rise in China sales in third quarter Oct 29 (Reuters) - Adidas ADSGn.DE on Tuesday said it saw strong underlying growth in Greater China in the third quarter, while sales in North America excluding the Yeezy collection were up on the year on increasing brand momentum. Currency-neutral quarterly sales rose 9% to 946 million euros ($1.02 billion) in Greater China, up from 870 million euros a year earlier, the company said.
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Adidas: Ségolène Gallienne-Frère Now Holds 3.51% Of Total Voting Rights And Instruments In Adidas

BRIEF-Adidas: Ségolène Gallienne-Frère Now Holds 3.51% Of Total Voting Rights And Instruments In Adidas Oct 29 (Reuters) - Adidas AG ADSGn.DE : ADIDAS AG - SÉGOLÈNE GALLIENNE - FRÈRE HOLDS VOTING RIGHTS REPRESENTING 3.51% OF TOTAL VOTING RIGHTS AND INSTRUMENTS IN ADIDAS AG AS OF 24.10.2024, PREVIOUSLY 7.62% Source text: ID:nEQ8RHDPTa Further
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Adidas - Gérald Frère Holds Instruments Representing 3.51% Of Total Voting Rights And Instruments In Adidas AG As Of 24.10.2024, Previously 7.86%

BRIEF-Adidas - Gérald Frère Holds Instruments Representing 3.51% Of Total Voting Rights And Instruments In Adidas AG As Of 24.10.2024, Previously 7.86% Oct 29 (Reuters) - Adidas AG ADSGn.DE : GÉRALD FRÈRE HOLDS INSTRUMENTS REPRESENTING 3.51% OF TOTAL VOTING RIGHTS AND INSTRUMENTS IN ADIDAS AG AS OF 24.10.2024, PREVIOUSLY 7.86% Source text: ID:n
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Adidas: Desmarais Family Residuary Trust Instruments Now Holds 3.51% Of Total Voting Rights And Instruments In Adidas

BRIEF-Adidas: Desmarais Family Residuary Trust Instruments Now Holds 3.51% Of Total Voting Rights And Instruments In Adidas Oct 29 (Reuters) - ADIDAS AG ADSGn.DE : DESMARAIS FAMILY RESIDUARY TRUST INSTRUMENTS HOLDS REPRESENTING 3.51% OF TOTAL VOTING RIGHTS AND INSTRUMENTS IN ADIDAS AG AS OF 24.10.2024, PREVIOUSLY 6.89% (ADDS DROPPED WORD) Further c
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Bricks over clicks as shops come back into fashion in Europe

ANALYSIS-Bricks over clicks as shops come back into fashion in Europe Retailers open physical stores to help fend off new competitors Europe selling space in sqm to increase to 2.7% in 2028 vs 2022 Decathlon tempts customers with areas to play sports Retailers see more online sales in areas near physical stores By Alberto Chiumento and Paolo Laudani Oct 28 (Reuters) - The rise of online shopping has led to swathes of store closures, casting doubt over the future of retail malls and high streets,
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Some companies change tack in China with no recovery in sight

ANALYSIS-Some companies change tack in China with no recovery in sight Executives downbeat about China early in Q3 earnings season Property crisis, youth unemployment remain a problem Beijing has pledged stimulus, investors say may not be enough China Q3 GDP slowest since early 2023 By Bernadette Hogg, Ananya Mariam Rajesh and Helen Reid GDANSK/BENGALURU/LONDON, Oct 28 (Reuters) - Companies around the world are starting to cut prices and costs and scale back activity in China, as the world's sec
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