By Jonathan Cable LONDON (Reuters) – The European Central Bank is expected to make a jumbo 75 basis point refinancing rate increase on Thursday, according to a slim majority of …
Category:
Financial News
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LONDON (Reuters) – The Japanese yen tumbled to the symbolic level of 142 per dollar on Tuesday, a fresh 24-year low, as the gap between Japanese monetary policy and that …
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MOSCOW (Reuters) – Russia will gradually limit private investors’ access to foreign shares issued by companies from designated “unfriendly” countries, the central bank said on Tuesday, citing the need to …
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By Svea Herbst-Bayliss (Reuters) -The blank-check acquisition firm that agreed to merge with Donald Trump’s social media company failed to secure enough shareholder support for a one-year extension to complete …
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(Adds analyst comments, updates dollar/yen rates) By Tetsushi Kajimoto TOKYO (Reuters) – Japanese Finance Minister Shunichi Suzuki on Tuesday reiterated that sharp yen moves were “undesirable” and that he was …
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By Bart H. Meijer, Elisa Martinuzzi and Simon Jessop AMSTERDAM (Reuters) -Belgian chemicals group Solvay said it plans to cut industrial waste discharged into the sea from soda-ash production on …
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PRAGUE (Reuters) – There are two proposals in the European Union on how to set maximum prices on energy that the bloc’s energy ministers will discuss on Friday, Czech Industry …
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SHANGHAI (Reuters) -WHA Group, the Thai industrial estate developer, said on Tuesday that it and China’s BYD are set to announce plans for an electric vehicle (EV) manufacturing facility in …
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By Norihiko Shirouzu and Paul Lienert (Reuters) – The secret behind Elon Musk’s goal of selling 20 million Tesla’s a year by 2030 lies in its pioneering battery technology. The …
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PARIS (Reuters) – The share price of EDF on Tuesday crossed the 12 euros price set by the French government to buy out the French energy giant, as speculation grows …
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By Vladimir Soldatkin VLADIVOSTOK, Russia (Reuters) -Russia’s biggest natural gas pipeline to Europe will not resume pumping until Siemens Energy repairs faulty equipment, Gazprom’s Deputy Chief Executive Vitaly Markelov told …
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LONDON (Reuters) – Liz Truss becomes Britain’s new prime minister on Tuesday, facing inflation at 40-year highs, the biggest squeeze on household living standards in decades and a looming recession. …
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MOSCOW (Reuters) – VTB said on Tuesday it had become the first Russian bank to launch money transfers to China in yuan without using the international messaging system SWIFT that …
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(Corrects typographical error in paragraph 8) BEIJING (Reuters) – Top tier Chinese banks preparing to respond to Beijing’s call to boost lending to the real economy and debt-laden property sector …
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By Hadeel Al Sayegh and Andrew Mills DUBAI/DOHA (Reuters) – Qatar’s central bank has told banks in the Gulf state not to exchange its currency with entities outside the country …
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A look at the day ahead in U.S. and global markets from Mike Dolan. While U.S. markets idled for Labor Day and digested the August jobs report, attention was squarely …
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By Summer Zhen HONG KONG (Reuters) – Some of Asia’s large China-focused hedge funds are buying more non-China stocks as regulatory scrutiny, policy uncertainties and a slowing mainland economy force …
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By Ron Bousso LONDON (Reuters) – Shell and Exxon Mobil have put up for sale one of Europe’s largest and oldest natural gas production ventures, betting on soaring energy prices …
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MOSCOW (Reuters) -New car sales in Russia in August fell 62.4% from a year earlier, after a drop of 74.9% in July, the Association of European Businesses (AEB) said on …
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By Benjamin Mallet and Elizabeth Pineau PARIS (Reuters) -France will pick the new boss of state-controlled power giant EDF in the next few days, the finance minister said on Tuesday, …
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By Alexander Marrow VLADIVOSTOK, Russia (Reuters) – Russia’s VTB Bank is interested in an asset swap with Russian subsidiaries of European lenders as it seeks to recover some 600 billion …
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TAIPEI (Reuters) -Taiwan’s inflation cooled in August, with the consumer price index (CPI) up 2.66% from a year earlier, an unexpectedly gentler reading and a trend likely to continue, giving …
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SEOUL (Reuters) -A fire broke out at South Korean steelmaker POSCO’s plant in the southeastern city of Pohang on Tuesday, a POSCO spokesperson confirmed. “A fire broke out at our …
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By William Schomberg LONDON (Reuters) – British construction companies suffered a second straight month of contraction in the face of deep uncertainty about the outlook for the inflation-hit economy, a …
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Russia ups economic forecasts, says growth to return sooner than expected – economy minister
by ReutersBy Jake Cordell (Reuters) -Russia’s economy will post a shallower economic contraction than expected over the coming years and could return to growth on a quarterly basis from as early …