MELBOURNE (Reuters) – Barrick Gold has ruled out a counterbid for number-one Australian gold producer Newcrest Mining, its chief executive told Bloomberg, eliminating what had seemed to be the m[...]
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February 7, 2023
Australia central bank signals more tightening ahead after lifting rates to decade-high
By Stella Qiu SYDNEY (Reuters) -Australia’s central bank raised its cash rate 25 basis points to a decade-high of 3.35% on Tuesday and reiterated that further increases would be needed, a more h[...]
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What is your Plan B? Prepping for a money reset
By Chris Taylor NEW YORK (Reuters) – Look at the waves of layoffs happening across America right now, and you are probably pondering something you have not had to think about for quite a while:[...]
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Post-QE bond losses rising reality for central banks – BIS
By Marc Jones LONDON (Reuters) – Central banks face mounting losses on the trillions of dollars of bonds they bought in the past 15 years of rolling crises, a paper from the Bank for Internation[...]
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Activist investor rallies Bayer shareholders as pressure on CEO mounts -sources
By Emma-Victoria Farr, Patricia Weiss and Oliver Hirt FRANKFURT (Reuters) -Bayer investor Jeff Ubben has contacted fellow shareholders in the German group, investors and sources familiar with the matt[...]
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India’s Adani still eligible to be part of influential JPMorgan bond indexes
SINGAPORE (Reuters) -India’s Adani group of companies, which in recent weeks has seen a brutal selloff in its bonds and shares after being targetted by a U.S. short-seller, is still eligible for[...]
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Japan confirms record interventions to support yen
By Tetsushi Kajimoto TOKYO (Reuters) – Japan confirmed on Tuesday that it made record interventions in the foreign exchange market in October, selling the dollar worth 6.35 trillion yen ($48 bil[...]
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NYSE plans to compensate brokerage claims after glitch
(Reuters) – The New York Stock Exchange (NYSE) on Monday said it plans to reimburse investors who incurred losses due to a trading glitch last month that caused widespread confusion and resulted[...]
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Boeing says it will cut about 2,000 white-collar jobs in finance and HR
By David Shepardson WASHINGTON (Reuters) -Boeing Co expects to cut about 2,000 white-collar jobs this year in finance and human resources through a combination of attrition and layoffs, the U.S. plane[...]
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