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Swedish battery maker Northvolt to slash 1,600 jobs, quarter of staff

Swedish battery maker Northvolt to slash 1,600 jobs, quarter of staff

Sweden's beleaguered electric car battery maker Northvolt said Monday it would cut a quarter of its staff in the country, as it struggles with strained finances and a slowdown in demand.

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Joshua says boxing career 'far from over' after Dubois defeat

Joshua says boxing career 'far from over' after Dubois defeat

Anthony Joshua insists his career is "far from over" following his devastating knockout defeat to Daniel Dubois at Wembley, which raised doubts about his future in boxing.

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Stock markets inch higher on rate hopes

Stock markets inch higher on rate hopes

US and European shares nudged higher Monday as investors were torn between hopes of further interest rate cuts and weak eurozone economic data.

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182 dead in Israeli strikes on Hezbollah strongholds in Lebanon

182 dead in Israeli strikes on Hezbollah strongholds in Lebanon

Israeli air strikes on Hezbollah strongholds in Lebanon on Monday killed 182 people, according to the Lebanese health ministry, in by far the deadliest cross-border escalation since war erupted in Gaza on October 7.

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Friedkin Group reach deal to buy Everton

Friedkin Group reach deal to buy Everton

Everton announced on Monday that the Friedkin Group has reached an agreement to buy Farhad Moshiri's majority stake in the Premier League club.

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UniCredit ups stake in Commerzbank to 21 percent

UniCredit ups stake in Commerzbank to 21 percent

Italian lender UniCredit said on Monday it has increased its stake in Commerzbank to around 21 percent, fuelling speculation that it could seek a takeover of its German rival.

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Big rate cut was 'appropriate' first step: Fed official

Big rate cut was 'appropriate' first step: Fed official

The US Federal Reserve's decision to cut interest rates by half a percentage-point was "an appropriate and necessary first step," given progress on reducing inflation, a senior bank official said Monday.

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Stock markets diverge as eurozone economy struggles

Stock markets diverge as eurozone economy struggles

European and Asian stock markets diverged Monday as investors digested weak eurozone economic data and an interest rate cut by China's central bank.

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Lebanon says 100 dead in Israeli strikes on Hezbollah strongholds

Lebanon says 100 dead in Israeli strikes on Hezbollah strongholds

Israeli strikes on Hezbollah strongholds in southern Lebanon killed 100 people including children on Monday, according to the Lebanese health ministry, in the largest cross-border escalation since war erupted in Gaza on October 7.

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Man City's Akanji sends defiant title message after Arsenal battle

Man City's Akanji sends defiant title message after Arsenal battle

Manchester City defender Manuel Akanji says Arsenal have become masters of the "dark arts" but is bullish over his team's Premier League title chances after a gripping 2-2 draw at the Etihad Stadium.

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