FRANKFURT (Reuters) -Two European Central Bank policymakers on Friday backed further interest rate cuts, expressing greater confidence that inflation was heading to the ECB’s goal next year. The[...]
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July 19, 2024
Electrolux boosted by pick up in US, but freight costs weigh
By Marie Mannes STOCKHOLM (Reuters) -Electrolux swung to a much larger than expected profit in the second quarter amid signs of a long-awaited pick up in its North American business, briefly sending t[...]
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Thailand plans new financial business law to attract funds, official says
BANGKOK (Reuters) – Thailand is planning to introduce a new financial business law to attract foreign funds and facilitate investment in the sector, a deputy finance minister said on Friday. The[...]
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Lift makers’ order intakes hold up despite slow China
By Louis van Boxel-Woolf and Bartosz Dabrowski (Reuters) -European liftmakers Schindler and Kone posted second-quarter order intake above expectations on Friday, but warned China’s construction[...]
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Saab profit edges past forecast as defence orders surge
By Niklas Pollard STOCKHOLM (Reuters) -Swedish defence equipment maker Saab reported a slightly bigger-than-expected rise in quarterly operating earnings and maintained its outlook for surging sales a[...]
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China likely to maintain lending rates even as economy slows: Reuters poll
SHANGHAI/SINGAPORE (Reuters) – China is expected to leave benchmark lending rates unchanged on Monday, while more market participants project further monetary easing to aid the economy following[...]
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Japan attracts record 3.14 million June visitors as weak yen draws travellers
By Rocky Swift TOKYO (Reuters) -Japan set a record high for monthly visitors in June, official data showed on Friday, as its weak yen fuelled a tourism boom that is becoming a key driver for the econo[...]
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UK clears Nationwide Building’s $3.75 billion Virgin Money deal
(Reuters) – Britain’s competition regulator said on Friday it has cleared Nationwide Building Society’s proposed 2.9-billion-pound ($3.75 billion) all-cash deal to buy Virgin Money U[...]
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American Airlines issues ground stop due to communication issue, FAA status page shows
(Reuters) – Major U.S. carrier American Airlines issued a ground stop for all its flights early on Friday due to a communication issue, according to the U.S. Federal Aviation Administration[...]
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