By Lewis Jackson SYDNEY (Reuters) -PwC Australia on Sunday entered an exclusivity agreement with private equity firm Allegro Funds to sell its government practice for A$1 as it brought in an executive[...]
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Australia
Stocks fall, dollar up as investors weigh more rate hikes
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell and the U.S. dollar rose on Friday as investors digested comments from Federal Reserve officials that signalled further in[...]
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Dollar higher on safety bid as data spurs growth worries
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against the euro on Friday after dismal business activity data from around the globe soured risk sentiment and as hawkish comments from central[...]
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Lithium producers warn global supplies may not meet electric vehicle demand
By Ernest Scheyder LAS VEGAS (Reuters) – Lithium producers are growing anxious that delays in mine permitting, staffing shortages and inflation may hinder their ability to supply enough of the b[...]
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Dollar up on risk aversion; sterling, Swiss franc slip despite rate hikes
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar advanced against a basket of currencies on Thursday after Fed Chair Jerome Powell backed more U.S. rate increases albeit at a “careful pa[...]
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Big central banks are still hiking rates but eye the end
LONDON (Reuters) – Inflation is cooling, meaning major central banks can start to think about ending interest rate hikes even if most are not there just yet. The Bank of England, an outlier in s[...]
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Australia to decide fate of central bank chief in July
By Wayne Cole SYDNEY (Reuters) -The head of Australia’s central bank will find out in July whether he will be reappointed to a second term, as customary, or be passed over for a new leader as pa[...]
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Stocks fall as Powell says inflation fight not over
By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell on Wednesday as Federal Reserve Chair Jerome Powell said the fight to lower inflation still has a “long way” t[...]
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Dollar dips as Powell testimony disappoints hawks
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell against a basket of currencies on Wednesday after Federal Reserve Chair Jerome Powell’s comments on the central bank’s ongoing[...]
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