By Nell Mackenzie, Farouq Suleiman and Kirstin Ridley LONDON (Reuters) -Odey Asset Management is in advanced talks to move funds and staff to other asset managers as it grapples with the fallout of se[...]
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June 15, 2023
Japan’s Kishida to focus on spending, wages in policy roadmap – draft
By Takaya Yamaguchi TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida’s administration will pledge to boost childcare spending and focus on sustaining wage hikes in its mid-year economic po[...]
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China’s economy slows in May, more stimulus expected
By Ellen Zhang and Kevin Yao BEIJING (Reuters) – China’s economy stumbled in May with industrial output and retail sales growth missing forecasts, adding to expectations that Beijing will[...]
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U.S. trade chief Tai calls for more diverse, resilient supply chains
By Andrea Shalal WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai on Thursday will call for continued work to redesign global supply chains to emphasize resilience and a more diver[...]
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H&M upbeat on June after chilly weather hits quarterly sales
By Marie Mannes and Anna Ringstrom STOCKHOLM (Reuters) – H&M posted slightly weaker-than-expected fiscal second-quarter sales on Thursday, but prospects for a better third quarter after a st[...]
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Fewer UK firms expect to raise prices in month ahead – ONS
LONDON (Reuters) – The smallest proportion of businesses since at least March last year expect to raise prices next month, a survey of businesses showed on Thursday. The Office for National Stat[...]
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French power company Engie launches new electric car charger brand
PARIS (Reuters) – French power company Engie said on Thursday it is launching a new brand called Vianeo which will form part of its push into the potentially fast-growing sector of building char[...]
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Analysis-Spasms in UK mortgage market spell pain for homeowners, economy
By Andy Bruce and Sinead Cruise LONDON (Reuters) – Bedlam in Britain’s 1.5 trillion-pound ($1.9 trillion) mortgage market, fuelled by ructions in money markets, threatens to trigger a rene[...]
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Santander appoints Castro e Almeida to drive growth in Europe
By Jesús Aguado MADRID (Reuters) -Santander said on Thursday it has appointed Pedro Castro e Almeida as regional head for Europe as the Spanish bank bets on this region to drive growth. Castro e Almei[...]
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