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News

European shares end higher as focus shifts to cenbank meetings

UPDATE 2-European shares end higher as focus shifts to cenbank meetings For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window STOXX 600 up 0.2%, posts weekly gains Energy, consumer discretionary firms boost index LVMH results boost luxury firms H&M down on Q4 profit miss Updates prices, adds comment By Ankika Biswas and Amruta Khandekar Jan 27 (Reuters) - European shares ended higher on Friday as i nvestors assessed mixed earnings from the reg
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Several Finnish unions plan strikes in February over wage disputes

Several Finnish unions plan strikes in February over wage disputes HELSINKI, Jan 27 (Reuters) - A key union of Finnish industrial workers said on Friday it had rejected a settlement proposal in its wage dispute with employers, firming up plans that several unions will go on strike in February. High inflation and an uncertain economic outlook have stalled the ongoing round of negotiations between employee unions and employer organisations in Finland where wages are determined in national collecti
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SSAB Q4 Adj EBITDA Down At SEK 4,637 Mln

BRIEF-SSAB Q4 Adj EBITDA Down At SEK 4,637 Mln Jan 27 (Reuters) - SSAB AB SSABa.ST : BOARD PROPOSES A DIVIDEND OF SEK 8.70 (5.25) AUTHORIZATION TO BUY BACK UP TO 10% OF ALL OUTSTANDING SSAB SHARES WILL BE PROPOSED TO AGM Q4 ADJUSTED OPERATING RESULT WAS SEK 3,768 (6,961) MILLION Q4 ADJUSTED EARNINGS PER SHARE WERE SEK 3.18 (5.30) SSAB SPECIAL STEEL
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SSAB Makes Impairment Charge Of SEK 33.3 Billion During Q4

BRIEF-SSAB Makes Impairment Charge Of SEK 33.3 Billion During Q4 Jan 27 (Reuters) - SSAB AB SSABa.ST : GOODWILL IMPAIRMENT DURING THE FOURTH QUARTER MAKES AN IMPAIRMENT CHARGE OF SEK 33.3 BILLION RELATED TO GROUP'S TOTAL GOODWILL OF SEK 33.6 BILLION IMPAIRMENT IS REPORTED AS AN ITEM AFFECTING COMPARABILITY IN Q4 OF 2022 AND DOES NOT AFFECT CASH FLO
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Steelmaker SSAB flags improving shipments in more stable market

UPDATE 2-Steelmaker SSAB flags improving shipments in more stable market Adjusted operating profit in line with market expectations Expects higher shipments in Europe and Americas in Q1 Adds outlook, background By Niklas Pollard STOCKHOLM, Jan 27 (Reuters) - Swedish steelmaker SSAB SSABa.ST expects to increase shipments in a more stable market in the first quarter, it said on Friday as it reported earnings in line with market expectations.
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