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JP Morgan Chase to shut 21 First Republic branches -
JPMorgan Chase & Co plans to shut around a quarter of First Republic Bank's 81 branches by the end of the year as part of its integration of the failed lender into its business, a spokesperson said on Thursday.
FTSE 250 movers: Dr Martens trips on margin warning, lower profit
Shares in Dr Martens tanked on Thursday as the UK bootmaker posted a slump in annual earnings and said it expected lower core margins in 2024 as it incurred extra costs after blunders at its Los Angeles distribution centre.
Investors give Dr Martens a kicking after margin warning, profit slump
Shares in Dr Martens tanked on Thursday as the UK bootmaker posted a slump in annual earnings and said it expected lower core margins in 2024 as it incurred extra costs after blunders at its Los Angeles distribution centre.
Europe midday: Shares up as eurozone inflation falls
European shares were in upbeat mood at midday Thursday as eurozone inflation fell, combining with positive data from China and Germany and an initial vote in favour of the US debt ceiling deal.
Europe open: Shares up as China, German data boost sentiment
European shares started June on a positive note on Thursday as better than expected data out of China and Germany and an initial vote in favour of the US debt ceiling deal boosted sentiment.
China Caixin PMI shows surprise jump in May
Factory activity in China showed an unexpected jump to growth in May from decline, according to a private sector survey published on Thursday, as demand and production improved.
German retail sales rise 0.8% in May
Retail sales in Germany climbed by 0. 8% month-to-month in April, partially reversing a 2. 4% decline in March, and slightly below consensus for a 1% increase, the Federal Statistics Office said on Thursday.