MILAN (Reuters) – The head of Italy’s UniCredit expects the European Central Bank (ECB) to take a ‘balanced approach’ on interest rate hikes, acting on the basis of economic da[...]
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April 6, 2023
Apple says ‘Hello Mumbai’ at first India store launch
By Francis Mascarenhas and Tanvi Mehta MUMBAI (Reuters) -Apple Inc on Wednesday revealed the look of its first retail store in India, as several people tried to catch a glimpse outside the store[...]
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Analysis-Easter travel warnings pile pressure on European airlines
By Joanna Plucinska and Silvia Aloisi LONDON/PARIS (Reuters) – European aviation is gearing up for Easter travel disruptions marked by strikes and cancellations, in a major test of the industry[...]
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Inflation could make or break rebounding 60/40 portfolio
By Lewis Krauskopf and David Randall NEW YORK (Reuters) – An investing strategy designed to hedge against market declines is rebounding after a rough year, but its success may hinge on whether i[...]
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KKR set to buy stake in communications group FGS Global – FT
(Reuters) – Private-equity group KKR is nearing a deal to buy a large stake in FGS Global that will value the financial communications company at about $1.4 billion, the Financial Times reported[...]
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Marketmind: Weary markets wary of recession
A look at the day ahead in European and global markets from Ankur Banerjee Another set of weaker-than-expected U.S. economic data has investors spooked at the prospect of a looming recession, crimping[...]
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China tax department says economy’s rebound to be further consolidated
BEIJING (Reuters) – The rebound of China’s economy will be further consolidated and tax revenues in the second quarter will likely grow faster, but the economy still faces many uncertainti[...]
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China March services activity accelerates on new orders – Caixin PMI
BEIJING (Reuters) – China’s services activity in March revved up at the quickest pace in 2-1/2 years on robust new orders and job creation and a consumption-led post-COVID recovery, a priv[...]
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