Swiss National Bank presses ahead as rate cutting front-runner
By John Revill ZURICH(Reuters) -The Swiss National Bank cut interest rates on Thursday for the second time running, pointing to easin..
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Analysis-UK markets jolted back to life by rate cut hopes, election buzz
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Traders upped bets for a Bank of England rate cut in August, helping to u..
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Accenture forecasts 2024 revenue growth above estimates on AI demand
Accenture forecasts 2024 revenue growth above estimates on AI demand (Reuters) -IT services provider Accenture projected annual revenu..
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Italy boosts crypto risk oversight and toughens sanctions, draft shows
ROME (Reuters) – Italy plans to adopt measures to beef up surveillance over risks tied to cryptoassets, including high fines for..
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Asian stocks hold on to gains; BoE in focus
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks took a breather on Thursday, hovering near their highest in two years as t..
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UK election pledges fall short of $48 billion health funding gap, think tank says
LONDON (Reuters) – Election pledges by Britain’s governing Conservatives and the opposition Labour Party do not set out ho..
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British review of “politically exposed” bank clients put off until election
LONDON (Reuters) – Britain’s financial watchdog will wait until after next month’s national election to publish its ..
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Germany’s working-age population to decline by 2% by 2045, study shows
BERLIN (Reuters) – Germany will see its working-age population decrease by 2% by 2045, according to a forecast released on Wedn..
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UK inflation back to 2% target for first time since 2021
LONDON (Reuters) -British inflation returned to its 2% target in May for the first time in nearly three years, data showed on Wednesda..
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UK’s Berkeley turns to build-to-rent segment; raises earnings view
(Reuters) -British high-end homebuilder Berkeley lifted its earnings outlook by 5% for fiscal year 2025 on Wednesday and said it would..
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Dollar steadies, sterling eases ahead of inflation data
By Rae Wee SINGAPORE (Reuters) -The dollar recovered some ground on Wednesday after soft U.S. retail sales data reinforced bets of im..
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Exclusive-Ferrari’s first electric car to cost over $500,000, source says
MILAN (Reuters) – Ferrari’s first electric car will cost at least 500,000 euros ($535,000), a source familiar with the mat..
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Dollar pares gains after US retail sales miss expectations in May
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar pared gains against the euro on Tuesday after retail sales data indicated signs o..
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European shares advance as French political concerns subside
(Reuters) -European shares closed higher on Tuesday, supported by a slip in government bond yields as investor concern over French pol..
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UK grocery inflation edges lower again ahead of election, Kantar says
By James Davey LONDON (Reuters) – UK grocery inflation fell for a sixteenth month in a row in June, industry data showed on Tue..
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German investor morale rises modestly in June, ZEW says
BERLIN (Reuters) -The recovery in German investor morale tapered off in June, the ZEW economic research institute said on Tuesday, re..
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The euro zone’s fragmented banking industry
LONDON (Reuters) – Supporters for more consolidation in the euro zone’s banking sector have been watching Spanish lender B..
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Norway’s Schibsted to cut 250 jobs in cost drive
OSLO (Reuters) – Norwegian online classified ads group Schibsted will cut around 250 jobs in the Nordic region as part of a res..
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YouTube tests context ‘notes’ feature for videos
(Reuters) – Alphabet’s YouTube will soon allow users to add ‘notes’ that will provide context on some of its ..
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Analysis-Global central banks recalibrate as the big policy easing of 2024 fizzles
By Howard Schneider and Francesco Canepa WASHINGTON (Reuters) – Six months ago the world’s major central banks were prime..
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Addressing Expense Fraud: A Vital Concern for Businesses Amidst Economic Strain in the UK
The ongoing economic challenges in the UK have significantly impacted families nationwide, forcing individuals and businesses to cope..
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Analysis-French election worries rekindle market memories of UK budget rout
(Reuters) – As the far right and leftist parties gain momentum ahead of France’s surprise parliamentary election, pressuri..
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Wall St dips and gold surges, capping a tumultuous week
NEW YORK (Reuters) -U.S. stocks dipped and gold surged on Friday at the conclusion of a week fraught with the apparent contradiction o..
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Election concerns in France give euro worst week in two months
(Reuters) -The euro was on track for its biggest weekly fall against the dollar in two months on Friday on concerns that a new gover..
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G7 vows to drop fossil fuels faster, but activists unimpressed
BORGO EGNAZIA, Italy (Reuters) -Leaders of the Group of Seven developed democracies will commit to accelerating their transition away ..
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Microsoft to invest $7.16 billion in new data centres in northeastern Spain
MADRID (Reuters) – Microsoft plans to invest 6.69 billion euros ($7.16 billion) to develop new data centres in Spain’s no..
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Exclusive-Vodafone looks to sell $2.3 billion stake in India’s Indus Towers, sources say
By M. Sriram MUMBAI (Reuters) – Vodafone Group is looking to sell its entire $2.3 billion stake in India’s Indus Towers t..
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Swedish May inflation above forecast but more rate cuts expected
STOCKHOLM (Reuters) – The pace of Swedish inflation was higher than expected in May, data showed on Friday, but analysts said th..
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UK’s Crest Nicholson says Bellway’s revised proposal undervalues group
(Reuters) – British homebuilder Crest Nicholson said on Friday it rejected a 650 million pound ($828.04 million) revised unsoli..
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Yen falls after dovish BOJ; euro limps towards weekly loss
By Rae Wee SINGAPORE (Reuters) -The yen fell to an over one-month low on Friday after the Bank of Japan (BOJ) stood pat on rates and ..
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Amazon adds $230 million in cloud credits to AI startups
(Reuters) – Amazon said it is investing $230 million in the form of Amazon Web Service (AWS) credits in artificial intelligence ..
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Musk says Tesla shareholders voting yes for his $56 billion pay package
By Hyunjoo Jin, Abinaya V and Greg Roumeliotis (Reuters) -Tesla shareholders are voting to approve a $56 billion pay package for Elon..
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Exclusive-Temasek to finalise deal with Shell for Pavilion Energy LNG asset sale, sources say
SINGAPORE/LONDON (Reuters) -Singapore’s Temasek Holdings is finalising the sale of some assets from liquefied natural gas (LNG) ..
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Czech billionaire bets on lotteries for growth
By Michael Kahn PRAGUE (Reuters) – A Czech billionaire who turned a regional energy company into a global business empire after..
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Oil slips on US growth worries, ample crude supply
By Georgina McCartney (Reuters) – Oil prices fell in early trade on Thursday, as investors digested that the U.S. Federal Reser..
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UK housing market falters as rate cut hopes fade, RICS survey shows
By Andy Bruce (Reuters) – Britain’s housing market lost momentum in May as the prospect of imminent rate cuts by the Bank..
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German government plans supplementary budget for 2024, Bild says
BERLIN (Reuters) – The German government is planning a supplementary budget for the current year with up to 11 billion euros ($1..
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