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Morgan Stanley pulls the Pepsi trick on Goldman
The Wall Street investment bank has outflanked its old rival by diversifying into wealth management
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Macron to boost French defence spending in wake of Ukraine war
Military budget for the six years to 2030 will rise to €400bn, says president
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Volodymyr Zelenskyy urges allies to solve stand-off over tanks
Defence officials from 50 nations gather in Ramstein to co-ordinate arms deliveries to Kyiv
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Google to axe 12,000 jobs worldwide
Big Tech company is latest to announce significant staff cuts in response to economic downturn
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Energy group SSE upgrades full-year forecast after prices surge
Earnings per share expected to be 25% higher than previously expected
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European stocks notch gains after choppy week for markets
The ‘higher for longer’ narrative around interest rates and slowing US economic growth dents investor
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Davos delegates praise Biden’s ‘huge’ green package, as Europe voices complaints
Company chief executives and investors say Inflation Reduction Act will be an ‘engine’ for US
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British retail sales drop unexpectedly in December
Sales volumes fall 1% over crucial Christmas shopping period
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