By Alun John LONDON (Reuters) – The dollar strengthened across the board on Thursday after the Federal Reserve said it would deliver more interest rate hikes next year and before meetings of the[...]
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December 15, 2022
German economy to grow slightly in 2023 – IfW forecast
BERLIN (Reuters) – Germany’s IfW became the latest economic institute to revise up its growth forecast for 2023 on Thursday as Europe’s largest economy hopes to avoid the worst of th[...]
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Global house price fall underway won’t do much for affordability, say analysts
By Hari Kishan and Indradip Ghosh BENGALURU (Reuters) – House prices in most major property markets will fall in 2023, according to nearly 100 housing market analysts polled by Reuters, but they[...]
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British American Tobacco closes Swiss plant, lays off 226
ZURICH (Reuters) – British American Tobacco (BAT) is to close a cigarette manufacturing plant in Switzerland next year, laying off 226 workers, the Tages-Anzeiger paper and other Swiss media rep[...]
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LPP will pay dividend next year, says CFO
GDANSK, Poland (Reuters) – Next year Polish clothing retailer LPP will pay a dividend, the company’s chief financial officer (CFO) said during a teleconference on Thursday, a day after the[...]
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Greece’s Mitsotakis says EU leaders close to gas price cap deal
ATHENS (Reuters) – European Union leaders are “close to” imposing a natural gas price cap, Greek Prime Minister Kyriakos Mitsotakis said on ahead of talks on tackling high energy pri[...]
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Australia’s ANZ shareholders approve new holding structure
(Reuters) – Australia and New Zealand Banking Group said on Thursday its shareholders voted to establish a new holding company to separate its banking and non-banking businesses into two differe[...]
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Swiss National Bank Chairman welcomes new Credit Suisse strategy
Bern (Reuters) – The Swiss National Bank has welcomed Credit Suisse’s new strategy with Chairman Thomas Jordan saying the overhaul reduced risks for the Swiss financial system. The success[...]
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Norway central bank hikes rate by quarter point, likely to act again
By Victoria Klesty OSLO (Reuters) – Norway’s central bank raised its benchmark interest rate by 25 basis points to 2.75% on Thursday, as expected by economists surveyed by Reuters, and sai[...]
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