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Watches of Switzerland Shares Plummet Following Rolex's Acquisition of Bucherer

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Summary: Watches of Switzerland shares are experiencing a significant decline in the London markets following the news of Rolex 's acquisition of Bucherer . The acquisition marks the latest chapter in the century-old relationship between Rolex and Bucherer . Swiss competition regulators are examining the takeover's potential impact on Bucherer 's global supplier relationships . Watches of Switzerland emphasizes that there will be no disruption to Bucherer 's regular business operations due to the acquisition . Despite the historic...

FTSE 100 down to four-week lows with miners underperforming - Market Report

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Summary: FTSE 100 index hits four-week lows around 7,500 points, attributed to underperforming mining companies . Fintech Group plus 500 introduces $60 million share buyback program despite declining revenue and profit . Ugov considers potential listing in the US, leading to a rise in the company's opening performance. Real estate investor Sharps Recapital secures £200 million loan for bond repayment, resulting in early value slide. UK government extends rules allowing takeaway pint sales without a license until March next year. Small caps RC 365 gains exclusive rights to use US-based Unique AI 's AI-driven plat...

FTSE 100 recovery continues despite mining woes - Market Report

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Summary: FTSE 100 reaches 10-day highs despite mining company struggles. Mining stocks, including Anglo-American , Rio Tinto , Glencore , and Antepagasta , perform poorly due to concerns about global growth and Chinese economy . Wilco faces business-saving uncertainty leading to potential store closures and job layoffs. Virgin Media 's broadband contracts draw attention, potential for unlimited price rises under scrutiny. Positive news from PureGym as half-year revenue increase s alongside growing membership. Nvidia shares surge as chipmaker...

Windsor Framework has received a 'cautious welcome' in Northern Ireland

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Windsor Framework has received a 'cautious welcome' in Northern Ireland All right, let's get the view now of Michelle O'Neill, because this time last week all the talk was of the PM's deal with the EU over the Northern Ireland protocol. This seemed to get a decent enough reaction from most parts, but of course the big question is what do the DUP do, the largest unionist party in Northern Ireland? They say they won't rejoin power sharing if they're not happy. Well, the largest party at Stormont is Shinfeng, and its leader there would have been First Minister. That's Michelle O'Neill. She joins us live now. Thank you very much for being on the programme this morning. Has Rishi Sineq negotiated a good deal for Northern Ireland? Well, I think we've all had the best part of a week now to reflect on the deal, and I think it's fair to say that the ...