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London's Canary Wharf sets sights on hotels to fill empty offices

UPDATE 1-London's Canary Wharf sets sights on hotels to fill empty offices Canary Wharf mulling approaches from 30-plus hotel operators Close to deal with 74-bed boutique hotel Landlord has faced tough time, with falling office demand Adds office vacancy data in paragraph 3, graphic By Iain Withers LONDON, Oct 2 (Reuters) - London's Canary Wharf financial district wants to convert swathes of empty office space into other uses including hotels, two executives at the landlord told Reuters, as it r
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London's Canary Wharf sets sights on hotels to fill empty offices

UPDATE 1-London's Canary Wharf sets sights on hotels to fill empty offices Canary Wharf mulling approaches from 30-plus hotel operators Close to deal with 74-bed boutique hotel Landlord has faced tough time, with falling office demand Adds office vacancy data in paragraph 3, graphic By Iain Withers LONDON, Oct 2 (Reuters) - London's Canary Wharf financial district wants to convert swathes of empty office space into other uses including hotels, two executives at the landlord told Reuters, as it r
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UK Stocks-Factors to watch on Oct. 2

UPDATE 1-UK Stocks-Factors to watch on Oct. 2 Adds new items, updates futures Oct 2 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher, with futures FFIc1 up 0 .2%. * JD SPORTS: British sportswear retailer JD Sports Fashion JD.L beat a consensus forecast for first-half profit and said it was on track to meet annual guidance, showing its multi-brand strategy working at a time when Nike is struggling.
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UK Stocks-Factors to watch on Oct. 2

UK Stocks-Factors to watch on Oct. 2 Oct 2 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher, with futures FFIc1 up 0.29%. * SAGA: British holiday group Saga SAGA.L is in talks with Belgium-based insurer Ageas AGES.BR regarding a long-term partnership arrangement for its insurance division, Sky News reported on Tuesday. * BARCLAYS: Barclays Bank PLC has agreed to pay $4 million to settle civil charges that it violated U.S.
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Financial Times - Oct 2

PRESS DIGEST-Financial Times - Oct 2 Oct 2 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Starmer looks for post-Brexit 'reset' in meeting with EU leaders Barclays details plans to revamp investment banking returns EU policymakers lash out at Berlin's Commerzbank 'hypocrisy' Charles Schwab Chief Walt Bettinger to retire at end of year Eli Lilly considers testing weight-loss drugs on peo
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London's Canary Wharf sets sights on hotels to fill empty offices

London's Canary Wharf sets sights on hotels to fill empty offices Canary Wharf mulling approaches from 30-plus hotel operators Close to deal with 74-bed boutique hotel Landlord has faced tough time, with falling office demand By Iain Withers LONDON, Oct 2 (Reuters) - London's Canary Wharf financial district wants to convert swathes of empty office space into other uses including hotels, two executives at the landlord told Reuters, as it responds to faltering demand for its sprawl of office tower
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Raymond James downgrades Disney on theme park weakness

BUZZ-Raymond James downgrades Disney on theme park weakness ** Shares of Walt Disney DIS.N down 2.6% at $93.62 ** Raymond James downgrades rating on the entertainment company to 'market perform' from 'outperform', citing low traffic at its theme parks ** While Barclays cuts PT to $105 from $130, still a 9.15% upside to the stock's last close; says labor cost inflation is likely to pressurize margins ** Brokerages cite additional pressure on footfalls with opening of Epic Universe, in Florida.
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Barclays to pay $4 mln to settle US CFTC charges over swap reporting

UPDATE 2-Barclays to pay $4 mln to settle US CFTC charges over swap reporting Updates with details from statement, effort to reach Barclays for comment By Chris Prentice Oct 1 (Reuters) - Barclays Bank PLC has agreed to pay $4 million to settle civil charges that it violated U.S. law and Commodity Futures Trading Commission regulations requiring accurate and timely reporting of swap transactions, the CFTC said in a statement.
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HSBC cuts oil price forecasts for 2024 and 2025

FACTBOX-HSBC cuts oil price forecasts for 2024 and 2025 Updates Sept. 16 FACTBOX with HSBC forecasts, quotes and context Oct 1 (Reuters) - HSBC has lowered its annual oil price forecasts for this year and next, citing a possible increase in OPEC+ oil production later this year that would push the market into surplus in 2025. "Judging by the fall in oil prices, the market had expected another extension - indeed we thought the unwinding would be more likely to start on 1 April 2025. The earlier re
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Barclays investment bank grabs market share in deals, executive says

UPDATE 2-Barclays investment bank grabs market share in deals, executive says Barclays gains ground in ECM, advisory, executive says Barclays investing heavily in sector coverage bankers Investment to mean some cost growth, outweighed by income growth Recasts, adds executive comment, more details from paragraph 3 By Lawrence White and Sinead Cruise LONDON, Oct 1 (Reuters) - Barclays' BARC.L investment bank is gaining market share in deal advisory and equity capital markets as part of a drive to
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Barclays says it expects modest cost growth in investment bank through to 2026

Barclays says it expects modest cost growth in investment bank through to 2026 LONDON, Oct 1 (Reuters) - Barclays expects 'modest' cost growth in its investment bank through to 2026 as it tries to improve returns at the unit while keeping a lid on the capital it consumes, CEO C.S. Venkatakrishnan said on Tuesday. Costs will grow due to investments in technology and people, the CEO known internally as Venkat said in a presentation to analysts and investors.
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Assessing the impact of potential tax hikes on French stocks

RPT-LIVE MARKETS-Assessing the impact of potential tax hikes on French stocks Repeats to include named item code with no changes to text STOXX 600 up 0.4% Banks drag Real estate leads, up 1.4% Euro zone inflation eases Oct 1 (Reuters) - 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 ASSESSING THE IMPACT OF POTENTIAL TAX HIKES ON FRENCH STOCKS France finally has a new government,
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AT&T and Dish turn lemons to bitter lemonade

RPT-BREAKINGVIEWS-AT&T and Dish turn lemons to bitter lemonade The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, Sept 30 (Reuters Breakingviews) - When you’re stuck with a lemon, the best deal on offer is to make some bitter-tasting lemonade. Buyout shop TPG TPG.O is offering just that to AT&T T.N and media mogul Charlie Ergen.
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AT&T and Dish turn lemons to bitter lemonade

RPT-BREAKINGVIEWS-AT&T and Dish turn lemons to bitter lemonade The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, Sept 30 (Reuters Breakingviews) - When you’re stuck with a lemon, the best deal on offer is to make some bitter-tasting lemonade. Buyout shop TPG TPG.O is offering just that to AT&T T.N and media mogul Charlie Ergen.
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Assessing the impact of potential tax hikes on French stocks

LIVE MARKETS-Assessing the impact of potential tax hikes on French stocks STOXX 600 up 0.4% Banks drag Real estate leads, up 1.4% Euro zone inflation eases Oct 1 (Reuters) - 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 ASSESSING THE IMPACT OF POTENTIAL TAX HIKES ON FRENCH STOCKS France finally has a new government, but investor jitters remain fraught amid media reports that ne
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Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market

UPDATE 3-Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market Rewrites Sept 30 story throughout to add background, industry context, analyst comment and details from filing; Changes dateline By Manya Saini and Pritam Biswas Oct 1 (Reuters) - Cerebras Systems, a startup competing with industry leader Nvidia NVDA.O for a slice of the lucrative AI chip market, said late on Monday its revenue surged more than threefold in 2023, in a filing to go public in the U
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AT&T and Dish turn lemons to bitter lemonade

BREAKINGVIEWS-AT&T and Dish turn lemons to bitter lemonade The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Jennifer Saba NEW YORK, Sept 30 (Reuters Breakingviews) - When you’re stuck with a lemon, the best deal on offer is to make some bitter-tasting lemonade. Buyout shop TPG TPG.O is offering just that to AT&T T.N and media mogul Charlie Ergen.
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US Henry Hub natgas price forecasts, 2024 to fall to 4-year low

FACTBOX-US Henry Hub natgas price forecasts, 2024 to fall to 4-year low Sept 30 (Reuters) - U.S. natural gas prices at the Henry Hub benchmark in Louisiana will average $2.39 per million British thermal units (mmBtu) in 2024, their lowest since 2020, before rising to $3.40 in 2025, according to analyst forecasts. That compares with a three-year low of $2.54 per mmBtu in 2023, a 14-year high of $6.42 in 2022, a 25-year low of $2.03 in 2020 due to coronavirus demand destruction and a five-year ave
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Barclays Appoints Bradley Rogoff As Global Head Of Research

BRIEF-Barclays Appoints Bradley Rogoff As Global Head Of Research Sept 30 (Reuters) - Barclays PLC BARC.L : BARCLAYS APPOINTS BRADLEY ROGOFF AS GLOBAL HEAD OF RESEARCH Source text for Eikon: ID:nBw6dvPTna Further company coverage: BARC.L
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Partners Group-backed KinderCare seeks up to $3.1 bln valuation in long-sought US IPO

UPDATE 2-Partners Group-backed KinderCare seeks up to $3.1 bln valuation in long-sought US IPO Adds background and details on company and IPO in paragraphs 4-12 Sept 30 (Reuters) - KinderCare Learning Companies, a provider of early childhood education, set a target of up to $3.09 billion valuation on Monday for its long-sought U.S. initial public offering.
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