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21 Apr

AutoNation profit more than doubles on strong demand for used cars

No. 1 U.S. auto retailer AutoNation Inc said first-quarter profit more than doubled on Thursday, boosted by robust demand for used vehicles as consumer preference for personal transportation remained high despite surging vehicle prices.

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21 Apr

Toshiba to solicit proposals on strategic alternatives, including privatisation

Toshiba Corp said on Thursday it has resolved to solicit proposals on strategic alternatives, including privatisation of the company.

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21 Apr

Euro boosted by ECB rate hike bets, Macron's debate

A series of hawkish comments amplified bets that the European Central Bank would soon hike interest rates, lifting the euro to a one-week high on Thursday amid expectations French President Emmanuel Macron would win his reelection bid on Sunday.

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21 Apr

Rite Aid says it rejected Spear Point's buyout offer

(Reuters) -Rite Aid Corp said on Thursday it had rejected a proposal from Spear Point Capital Management to acquire all of its shares.

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21 Apr

Japan agrees $21 billion extra budget to tackle rising living costs

TOKYO (Reuters) -Japan's ruling coalition on Thursday agreed a supplementary budget to support lower-income households and small firms, signalling more spending for the heavily indebted nation as it battles inflationary pressures for the first time in decades.

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21 Apr

Carlsberg expects $1.4 billion Russia writedown and lowers profit guidance

COPENHAGEN (Reuters) -Carlsberg, the Western brewer most exposed to the Russian market, expects its decision to sell its business there to result in a writedown of about 9.5 billion Danish crowns ($1.39 billion), it said on Thursday.

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21 Apr

Carlsberg expects $1.4 billion writedown on Russia divestment

COPENHAGEN (Reuters) -Carlsberg expects a writedown of about 9.5 billion Danish crowns ($1.39 billion) related to its decision to divest its business in Russia, the Danish brewer said on Thursday.

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