By Libby George and Jorge Otaola LONDON/BUENOS AIRES (Reuters) -Argentina’s government allowed the peso currency to plunge over 50% to 801 per dollar on Wednesday as markets cautiously welcomed the …
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By William Schomberg and Andy Bruce LONDON (Reuters) -Britain’s economy shrank in October, official data showed on Wednesday, raising the risk of a recession and testing the Bank of England’s …
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By Elizabeth Howcroft LONDON (Reuters) – Goldman Sachs expects a “significant uptick” in trading volumes of blockchain-based assets within the next one or two years, the bank’s global head of …
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By Karen Brettell and Amanda Cooper NEW YORK/LONDON (Reuters) – The dollar edged up against the euro on Wednesday ahead of the conclusion of a Federal Reserve policy meeting that …
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By Kirstin Ridley LONDON (Reuters) – Britain’s markets regulator is facing a backlash from retail investors in a collapsed fund once managed by former star fund manager Neil Woodford over …
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By Nell Mackenzie LONDON (Reuters) – Trend-following and niche hedge funds that trade crypto currencies and insurance-linked assets attracted most new investor money in the first three quarters of 2023, …
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By Mike Dolan LONDON (Reuters) -What if the “last mile” is a breeze? Despite what seems like euphoria about disinflation and interest rate easing, it’s also fashionable to speak of …
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(Reuters) – Argentina will weaken its peso by more than 50% to 800 per dollar, cut energy subsidies and cancel public works tenders as part of an economic shock therapy …
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By Corina Pons and Helen Reid MADRID (Reuters) -Zara owner Inditex reported strong holiday season trading with sales up 14% in the six weeks to Dec. 11 and raised its …
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By Iain Withers LONDON (Reuters) -Britain’s payments regulator on Wednesday provisionally proposed a cap on cross-border interchange fees on retailers and other businesses charged by Mastercard and Visa on transactions …
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By Andrew MacAskill, Michael Holden and Alistair Smout LONDON (Reuters) – British Prime Minister Rishi Sunak avoided defeat in parliament on Tuesday on an emergency bill to revive his plan …
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By Nick Carey and Paul Lienert LONDON/DETROIT (Reuters) – Electric vehicle charging companies in Europe and the U.S. have started fighting over the best spots for fast public chargers, and …
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By Mimosa Spencer and Abigail Summerville PARIS (Reuters) – A winding down of the post-pandemic spending frenzy is hitting European luxury companies from LVMH to Kering, but none more than …
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By Dhara Ranasinghe and Yoruk Bahceli LONDON (Reuters) – A $275 billion market for high-risk bank debt has bounced back from a shock bondholder wipeout during the Credit Suisse rescue …
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By Daphne Psaledakis, Simon Lewis and Timothy Gardner WASHINGTON (Reuters) -The United States on Tuesday imposed sanctions on hundreds of people and entities, including in China, Turkey and the United …
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By Max Hunder, Jonathan Landay and Stefaniia Bern KYIV (Reuters) – Ukraine’s biggest mobile network operator said it hoped to restore operations by Wednesday after coming under what appeared to …
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WASHINGTON (Reuters) – The U.S. Senate on Tuesday confirmed Harry Coker Jr. as the second-ever national cyber director, who advises the president on cybersecurity policy and strategy. Coker’s appointment comes …
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By Stephen Culp NEW YORK (Reuters) -U.S. stocks advanced Tuesday and the dollar dipped after a report showed sticky U.S. inflation meandering lower as the Federal Reserve convened to assess …
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By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer prices unexpectedly rose in November as a decline in the cost of gasoline was more than offset by increases in rents, further evidence …
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By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday before the Federal Reserve officials give updated economic and interest rate projections after their latest policy meeting on …
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LONDON (Reuters) – British Prime Minister Rishi Sunak’s contentious emergency legislation to allow asylum seekers to be sent to Rwanda passed its first parliamentary hurdle on Tuesday. Lawmakers in the …
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By Jonathan Saul LONDON (Reuters) – The cost of shipping goods through the Red Sea is rising as Yemen’s Houthis step up attacks on ships they deem connected to Israel …
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By Khushi Mandowara (Reuters) -U.S. health insurer Centene Corp on Tuesday raised its 2024 adjusted profit forecast, bringing it broadly in line with Wall Street expectations, mainly due to higher …
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LONDON, Ky. – A Somerset, Ky., man, Dennie Smith, 50, was sentenced to 217 months on Monday, by U.S. District Judge Robert Wier, for conspiracy to distribute 500 grams or …
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By Simon Jessop and Tommy Wilkes DUBAI (Reuters) -A COP28 pledge by energy majors to reduce their emissions is not enough to convince many sustainable fund managers to include the …