By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators suffered a blow on Thursday as an adviser to Europe’s top court said they exceeded their powers when they blocked U.S. gene sequencing[...]
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March 21, 2024
UBS Global Research pushes back Fed rate cut expectation to June
(Reuters) – UBS Global Research now expects the Federal Reserve to start cutting interest rates from June, a month later that its previous prediction and in line with other brokerages’ for[...]
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Norway keeps interest rate on hold, eyes September cut
By Terje Solsvik OSLO (Reuters) -Norway’s central bank kept its benchmark interest rate unchanged at a 16-year high of 4.50% on Thursday, as unanimously expected by analysts, and signalled it pl[...]
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Colombia policy lurches chill investment, risk economic growth
By Nelson Bocanegra BOGOTA (Reuters) – Colombian President Gustavo Petro’s track record of unpredictable policy lurches has contributed to a sharp drop in investment that is expected to co[...]
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UK businesses keep up recovery but prices still a worry, PMI shows
LONDON (Reuters) -British businesses kept up their recovery from recession this month but stubborn price pressures could bolster the Bank of England’s wait-and-see approach to interest rates, a[...]
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Morning Bid: Markets feed off unfased Fed and SNB jumps gun
A look at the day ahead in U.S. and global markets from Mike Dolan With markets already cheering the Federal Reserve’s restated consensus on three interest rate cuts later this year, the Swiss N[...]
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Analysis-Brazil heading to rare sequence of rising coffee crops
By Roberto Samora SAO PAULO (Reuters) – Brazil is expected to post its third annual increase in coffee production this year, a rare sequence seen only seven times in 144 years of coffee history[...]
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IMF’s Georgieva urges central bank independence amid election-year rate-cut pressures
By David Lawder WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva warned on Thursday that central banks face growing political pressure to cut interest ra[...]
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Japan shares scale record high, yen rebounds as Fed out-doves BOJ
By Kevin Buckland TOKYO (Reuters) – Japan’s Nikkei share average hit a record high on Thursday and the yen rebounded from a four-month low, after the U.S. Federal Reserve stuck to its easi[...]
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