Wealth Growth Daily

Europe

What could break as interest rates rise?

BY Reuters  • June 30, 2023June 30, 2023
(This June 29 story has been refiled to fix the typo in sub-head to Wagner, not Wager) LONDON (Reuters) – Markets are on the alert to which sectors will buckle under the sharpest jump in interes[...]
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Business Economy Europe Technology Updated US

Emerging markets carry investor hopes for H2 on lower inflation, rates

BY Reuters  • June 30, 2023June 30, 2023
By Rodrigo Campos and Marc Jones NEW YORK/LONDON (Reuters) – From BlackRock to JPMorgan, some of the world’s top investors are upbeat on emerging markets for the second half of the year on[...]
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Africa Asia Business Economy Europe Middle East

US dollar share of global reserves edges up in Q1, euro’s share dips – IMF

BY Reuters  • June 30, 2023June 30, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar’s share of currency reserves reported to the International Monetary Fund rose in the first quarter of the year, in the mids[...]
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Asia Business Economy Europe US

Euro zone inflation falls again in June as energy prices tumble

BY Reuters  • June 30, 2023June 30, 2023
FRANKFURT (Reuters) – Inflation in the euro zone extended its decline in June as the cost of fuel tumbled, more than offsetting an acceleration in prices for services, a preliminary reading show[...]
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Business Economy Europe NEWSLETTER Updated

Fashion industry driving demand for green shipping, Maersk says

BY Reuters  • June 30, 2023June 30, 2023
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Fashion brands are a key driver of demand for green shipping fuels, according to shipping group Maersk, as the sector faces pressure from consum[...]
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Business Economy Entertainment and Lifestyle Environment Europe

Joby receives FAA nod to begin flight testing of electric air taxi

BY Reuters  • June 30, 2023June 30, 2023
(Corrects to add that Archer received certification to conduct flight testing of its demonstrator aircraft in paragraph 7) (Reuters) -Joby Aviation said on Wednesday the U.S. aviation regulator has gi[...]
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Asia Business Europe UK Updated US

Russia’s rouble tumbles past 89 vs dollar to over 15-month low

BY Reuters  • June 30, 2023June 30, 2023
By Alexander Marrow (Reuters) -The Russian rouble tumbled past 89 against the dollar for the first time in more than 15 months on Friday, weighed down by domestic political risk concerns after an abor[...]
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Asia Business Economy Europe Updated

Sodexo raises outlook for voucher business a second time

BY Reuters  • June 30, 2023June 30, 2023
By Diana Mandia (Reuters) -French catering and food services group Sodexo on Friday raised the full-year outlook of its voucher business for the second time this year as it benefits from companies[...]
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Business Economy Europe Updated

Global equity funds draw inflows on economic growth hopes

BY Reuters  • June 30, 2023June 30, 2023
(Reuters) – Global investors turned net buyers of equity funds in the week to June 28 as solid economic readings fuelled hopes of U.S. growth, while China’s policy measures to bolster its[...]
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Business Economy Europe Technology
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