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EU in touch with Telegram as it nears criterion for EU tech rules

EU in touch with Telegram as it nears criterion for EU tech rules By Foo Yun Chee BRUSSELS, May 28 (Reuters) - EU tech regulators are in touch with messaging app Telegram as it nears a key usage criterion that could see it subject to more stringent requirements under a landmark EU online content legislation, the European Commission said on Tuesday.
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Zalando Co-Founder David Schneider To Hand Over His Co-CEO Role To David Schroeder

BRIEF-Zalando Co-Founder David Schneider To Hand Over His Co-CEO Role To David Schroeder May 14 (Reuters) - ZALANDO SE ZALG.DE : CO-FOUNDER DAVID SCHNEIDER TO FOCUS ON GROUP-WIDE STRATEGIC PARTNERSHIPS AND BRAND RELATIONS, HANDING OVER HIS CO-CEO ROLE TO DAVID SCHRÖDER CO-FOUNDER ROBERT GENTZ TO CONTINUE AS CO-CEO AND FOCUS ON EXPANDING ZALANDO'S B2C GROWTH VECTOR IMPACT OF CORPORATE FUNCTIONS TO BE STRENGTHENED UNDER LEADERSHIP OF CHIEF PEOPLE OFFICER DR.
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STOXX 600 closes at record high on earnings, rate cut optimism

UPDATE 2-STOXX 600 closes at record high on earnings, rate cut optimism For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Rio Tinto considered bid for BHP-target Anglo American -report Green energy production in Italy boosts Enel's Q1 results Medical gear maker Getinge plummets after FDA's safety warning Italy industry output posts unexpected fall in March Updated at 1552 GMT By Ankika Biswas and Johann M Cherian May 10 (Reuters) - Europe
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Carlsberg, Danske Bank, Teleperformance

EUROPE RESEARCH ROUNDUP- Carlsberg, Danske Bank, Teleperformance May 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Carlsberg, Danske Bank and Teleperformance, on Friday. HIGHLIGHTS * Carlsberg A/S CARLB.CO : HSBC raises target price to DKK 1040 from DKK 1030 * Danske Bank DANSKE.CO : HSBC cuts target price to DKK 231 from DKK 238 * Hermes HRMS.PA : Jefferies initiates coverage with buy rating; price target EUR 2,650 * Rathbone
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Berenberg ups Zalando to 'buy' on promising execution of new strategy, shares rise

BUZZ-Berenberg ups Zalando to 'buy' on promising execution of new strategy, shares rise ** Zalando ZALG.DE shares rise 4.3% in early Frankfurt trade after Berenberg raises the German online retailer to "buy" from "hold", citing "signs of positive execution in the newly outlined strategy and improving end-market dynamics" as well as undemanding valu
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Boohoo's annual earnings fall 7% after sales slump

UPDATE 2-Boohoo's annual earnings fall 7% after sales slump Core earnings of 58.6 mln stg at bottom end of guidance Losses at statutory level swell to 160 mln stg Says confident in medium-term outlook Shares down 4.8% Adds shares in paragraph 3, CEO comment in paragraph 10, detail paragraphs 8, 11 By James Davey LONDON, May 8 (Reuters) - British online fashion retailer Boohoo BOOH.L reported a 7% fall in annual core earnings at the bottom end of guidance after revenue dropped 17%, which it said
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Zalando sees sportswear opportunity in Euros and Olympics

Zalando sees sportswear opportunity in Euros and Olympics May 7 (Reuters) - Online retailer Zalando ZALG.DE is focused on the growing sportswear category as it looks ahead to the Euros soccer tournament and Olympic Games this summer potentially driving sales of team shirts and activewear more broadly. While Zalando's overall customer numbers fell in the first quarter, Chief Financial Officer Sandra Dembeck said the number of shoppers and the spend per person both grew in sportswear.
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European shares close at record highs on financials boost

UPDATE 2-European shares close at record highs on financials boost Adds missing figure in para 4 Infineon jumps 12.9% on Q2 sales beat Zalando surges on Q1 operating profit beat French cognac companies up on China's attitude to trade dispute ECB can't be lenient with structural inflationary forces - Nagel Updated at 1629 GMT By Ankika Biswas and Johann M Cherian May 7 (Reuters) - European shares closed at record high levels on Tuesday, with financials stocks in the spotlight following upbeat ear
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Europe sea of green as bank results buoy index

LIVE MARKETS-Europe sea of green as bank results buoy index 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 SEA OF GREEN AS BANK RESULTS BUOY INDEX Europe's STOXX 600 .STOXX is ticking 0.5% higher, supported by a raft of expectation-beating results, particularly from banks, and optimism around the outlook for interest rate cuts.
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Zalando CFO: Bigger Moments Ahead In Sports With Olympics, European Championship - Investor Call

BRIEF-Zalando CFO: Bigger Moments Ahead In Sports With Olympics, European Championship - Investor Call May 7 (Reuters) - ZALANDO SE ZALG.DE : ZALANDO CFO: SO FAR WE HAVE SEEN MODEST ACCELERATION ON TOPLINE VERSUS Q1 - INVESTOR CALL ZALANDO CFO: IN SPORTS, BIGGER MOMENTS ARE AHEAD WITH OLYMPICS, EUROPEAN CHAMPIONSHIP - INVESTOR CALL Further company
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Zalando surges as adj. EBIT beat offsets weak customer numbers

BUZZ-Zalando surges as adj. EBIT beat offsets weak customer numbers ** Zalando ZALG.DE shares rise 6.5% after the German online retailer delivered a better-than-expected Q1 operating profit, despite weak customer metrics ** Baader Helvea deems the results as solid, with better-than-feared improvement in adj. EBIT and GMV and sales in line with expectations ** Adj.
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Zalando CFO: We Do Not Want To Compete In Ultra Fast Fashion, Ultra Low Price Point - Media Call

BRIEF-Zalando CFO: We Do Not Want To Compete In Ultra Fast Fashion, Ultra Low Price Point - Media Call May 7 (Reuters) - ZALANDO SE ZALG.DE : ZALANDO CFO ON CUSTOMER NUMBER DROP: SOME BUY QUALITY ITEMS LESS FREQUENTLY, SOME HAVE MOVED INTO CHEAPER OFFERING FROM RIVALS - MEDIA CALL ZALANDO CFO: WE DO NOT WANT TO COMPETE IN ULTRA FAST FASHION, ULTRA
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European futures higher as earnings roll in

LIVE MARKETS-European futures higher as earnings roll in 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 EUROPEAN FUTURES HIGHER AS EARNINGS ROLL IN European stocks are heading for a strong start to Tuesday, tracking Asian shares amid revived hopes of U.S.
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Online retailer Zalando returns to growth thanks to premium brands

UPDATE 4-Online retailer Zalando returns to growth thanks to premium brands Gross Merchandise Volume up 1.3% to 3.27 bln euros Shares rise 7% Active customers fall to 49.5 mln from 51.2 mln Zalando does not want to compete in ultra low prices - CFO Updates headline and paragraph 1, adds detail on price competition in 2, CFO in 3 and 11, shares in 5, customer numbers in 10 By Linda Pasquini and Helen Reid May 7 (Reuters) - Online fashion marketplace Zalando ZALG.DE returned to growth in the first
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Zalando returns to GMV growth in Q1

Zalando returns to GMV growth in Q1 May 7(Reuters) - Zalando ZALG.DE returned to growth in the first quarter, the German online fashion retailer said on Tuesday, as it improved the quality of its assortment and added logistics partners. Quarterly gross merchandise volume (GMV) - a key revenue metric measuring the total value of all goods sold - rose 1.3% to 3.27 billion euros ($3.52 billion) from 3.23 billion in the same period last year, the company said.
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Germany corporate earnings week ahead

DIARY-Germany corporate earnings week ahead May 3 (Reuters) - Diary of Germany (.GDAXI) corporate earnings for the week ahead GERMANY EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 07-May-2024 NTS IFXGn.DE Infineon Technologies AG Q2 2024 Infineon Technologies AG Earnings Release 07-May-2024 NTS SHLG.DE Siemens Healthineers AG Q2 2024 Siemens Healthineers AG Earnings Release 07-May-2024 05:00 DHLn.DE Deutsche Post AG Q1 2024 Deutsche Post AG Earnings Release 07-May-2024 05:00 ZA
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Global retailers are headed for Shein reckoning: podcast

BREAKINGVIEWS-Global retailers are headed for Shein reckoning: podcast The host is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, April 30 (Reuters Breakingviews) - Zara owner Inditex, H&M and other apparel giants are holding ground against the Asian fast-fashion upstart. However, AlixPartners’ retail expert Matt Clark argues in this Exchange podcast that Shein’s focus on garment quality could threaten the dominance of pricier rivals.
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Zalando challenges supervisory fee for EU online content rules, third such lawsuit

UPDATE 1-Zalando challenges supervisory fee for EU online content rules, third such lawsuit Adds European Commission comment, details By Foo Yun Chee BRUSSELS, April 17 (Reuters) - German online fashion retailer Zalando ZALG.DE has challenged a supervisory fee aimed at covering EU regulators' costs of monitoring compliance with new European Union tech rules, the third company to take EU tech enforcers to court on the matter.
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Zalando challenges supervisory fee for EU online content rules

CORRECTED-Zalando challenges supervisory fee for EU online content rules Corrects designation detail in paragraph 4 By Foo Yun Chee BRUSSELS, April 17 (Reuters) - German online fashion retailer Zalando ZALG.DE has challenged a supervisory fee aimed at covering EU regulators' costs of monitoring compliance with new European Union tech rules, the third company to take EU tech enforcers to court on the matter.
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Aston Martin, Puma, Societe Generale

EUROPE RESEARCH ROUNDUP-Aston Martin, Puma, Societe Generale April 15 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Aston Martin, Puma and Societe Generale, on Monday. HIGHLIGHTS * Aston Martin AML.L : JP Morgan cuts target price to 260p from 323p * Danske Bank DANSKE.CO : HSBC raises target price to DKK 238 from DKK 229 * Novo Nordisk NOVOb.CO : Morgan Stanley raises target price to DKK 990 from DKK 930 * Puma SE PUMG.DE : JP Mo
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