Swiss bank UBP returns to Chinese markets
By Summer Zhen HONG KONG (Reuters) – Swiss private bank Union Bancaire Privée (UBP) is back in Chinese markets, its chief invest..
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Spain Q2 quarterly GDP growth revised to 1.5% from 1.1%
MADRID (Reuters) -Spanish GDP grew faster in the second quarter than originally estimated, compared with the prior quarter, reflecting..
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UK’s Made.com to cut jobs and launch strategic review
(Reuters) -British online furniture retailer Made.com said on Friday it would cut jobs, conduct a strategic review, including a formal..
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Growth will pay for UK government spending plans, minister says
LONDON (Reuters) – Economic growth will help to pay for Britain’s plans to maintain government spending while it cuts taxe..
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Oil prices edge down, recession fears back in focus
By Emily Chow SINGAPORE (Reuters) – Oil prices fell on Friday amid recession fears and a stronger U.S. dollar, though losses wer..
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UK consumer mood sinks to new depths despite energy bills help
By Andy Bruce LONDON (Reuters) – British consumer confidence slid this month to its lowest level since records began in the mid-..
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Sri Lanka to unveil debt restructuring plan to creditors
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lankan authorities will formally hold talks with international creditors on Friday ..
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Carrefour management increases offer in wage talks with unions
By Richa Naidu PARIS (Reuters) -France’s biggest retailer Carrefour has increased its offer in the third round of wage talks wit..
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Stocks slump to 2-year low as rates reality bites
By Tom Westbrook SYDNEY (Reuters) – Stocks hit a two-year low on Friday and bonds eyed big weekly losses as the prospect of U.S...
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Sabadell in talks with Worldline, Nexi and Fiserv for payments deal -sources
By Pamela Barbaglia, Jesús Aguado and Andres Gonzalez LONDON/MADRID (Reuters) -Spanish bank Sabadell has received indicative bids from..
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What crisis? High-stakes crypto lending looks here to stay
(Updates Trenchev’s estimate for unsecured lending) By Elizabeth Howcroft and Hannah Lang LONDON/WASHINGTON (Reuters) -On May 11..
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Yen rallies after Japan intervenes with first support since 1998
By Gertrude Chavez-Dreyfuss and Alun John NEW YORK/LONDON (Reuters) – The Japanese yen soared across the board on Thursday after..
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Lights off, heat down: central Europe governments save power to set example
By Jan Lopatka PRAGUE (Reuters) – Turning off lights, lowering thermostats and installing motion detectors are among the ways ce..
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Factbox-Government measures to ease inflation pain
(Reuters) – Pandemic-related disruption to global supply chains and the knock-on effects of Russia’s war in Ukraine have c..
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Australia mourns Queen Elizabeth from home of ‘world’s oldest continuous culture’
SYDNEY (Reuters) -Australia held a national day of mourning for Queen Elizabeth II on Thursday, with Prime Minister Anthony Albanese s..
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Analysis-Europe says goodbye to negative rates – or just ‘au revoir’?
By Mark John and Dhara Ranasinghe LONDON (Reuters) – Europe’s decade-long experiment with negative interest rates, which e..
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French President Macron reaffirms that pensions system reform is necessary
PARIS (Reuters) – French President Emmanuel Macron reaffirmed in a television interview with BFM TV that a reform of the country..
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Strong nighttime earthquake jolts sleeping Mexicans, at least one death reported
MEXICO CITY (Reuters) -A magnitude 6.8 earthquake struck western Mexico early on Thursday, claiming the life of a woman in Mexico City..
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Renault to reach its goal on integrated electric vehicles chain before 2030 -CEO
PARIS (Reuters) – French carmaker Renault will reach its target of having an 80% integrated electric vehicle (EV) chain before i..
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UK to examine cloud services dominated by Amazon, Microsoft and Google
LONDON (Reuters) -Britain said it would investigate competition in cloud services, a market dominated by the “hyperscalers”..
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Exclusive-HSBC fund arm toughens thermal coal policy to curb climate change
By Simon Jessop and Sinead Cruise LONDON (Reuters) – HSBC Holdings Plc told Reuters on Thursday it will stop financing the expan..
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Czech central bank vice-gov unlikely to vote for rate cut -newspaper
PRAGUE (Reuters) – Czech National Bank Vice-Governor Eva Zamrazilova is not likely to vote for a rate cut this year as she expec..
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Australia mourns Queen Elizabeth from home of ‘world’s oldest continuous culture’
SYDNEY (Reuters) -Australia held a national day of mourning for Queen Elizabeth II on Thursday, with Prime Minister Anthony Albanese s..
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Banks close painful Citrix debt chapter with $700 million loss -source
By Abigail Summerville and Matt Tracy (Reuters) – Wall Street banks completed the sale of $8.55 billion in loans and bonds backi..
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German tax revenues fall in August for first time this year
BERLIN (Reuters) – Federal and state government tax revenues fell in Europe’s biggest economy during August for the first ..
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UK’s top manufacturing body slashes forecasts for 2023
LONDON (Reuters) – Britain’s manufacturers association on Thursday slashed its forecast for growth in factory output next ..
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Bank of England set for second hefty rate rise in a row
By David Milliken LONDON (Reuters) – The Bank of England looks set to raise interest rates by at least half a percentage point o..
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Biden, UK’s Truss commit to protect Northern Ireland deal
By Steve Holland UNITED NATIONS (Reuters) -U.S. President Joe Biden and British Prime Minister Liz Truss met in person for the first t..
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Britain launches plan to ease doctor waiting lists
LONDON (Reuters) – Britain’s health minister on Thursday will set out a plan to cut waiting times for doctors’ appoi..
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Dollar soars to two-decade high as Putin shakes FX market ahead of Fed
By Dhara Ranasinghe and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar surged to a new two-decade high on Wedne..
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Britain proposes insurance shake-up after Grenfell Tower fire
By Huw Jones LONDON (Reuters) – Britain’s financial watchdog has proposed reforming how apartment blocks are insured after..
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UniCredit focused on “internal delivery”, open to M&A in all its markets
ROME (Reuters) – UniCredit is focused on delivering targets set under its business plan, though it remains ready to seize M&..
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European governments spend half a trillion euros on energy crisis – report
By Kate Abnett BRUSSELS (Reuters) -Governments in Europe have earmarked nearly 500 billion euros in the last year to cushion citizens ..
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Uniper’s rocky road to German nationalisation
(Reuters) – Germany’s government announced steps on Wednesday to nationalise gas importer Uniper, brought to its knees aft..
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Europe burns cash to help businesses in deepening energy crisis
By Kirsti Knolle, William James and Anne Kauranen BERLIN/LONDON/HELSINKI (Reuters) -Germany nationalised gas importer Uniper on Wednes..
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European governments spend half a trillion euros on energy crisis – report
By Kate Abnett BRUSSELS (Reuters) – Governments in Europe have earmarked nearly 500 billion euros in the last year to cushion ci..
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Putin speech sends sterling to fresh 37-year low ahead of Fed, BoE meetings
By Lucy Raitano LONDON (Reuters) – The pound touched a new 37-year low against the dollar on Wednesday after Russian President V..
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