MILAN (Reuters) – Luxury sports automaker Ferrari on Thursday unveiled two new plug-in hybrid models, produced in limited series and hitting the top end of the its price range. Based on 2019[...]
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Europe
Fed turns screw, Micron pops
A look at the day ahead in U.S. and global markets from Mike Dolan Emboldened by still-punchy U.S. economic activity, the Federal Reserve is gradually gaining market traction with a campaign to flag t[...]
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Fed’s Powell: we are still monitoring the banks’ situation very carefully
By Jesús Aguado and David Latona MADRID (Reuters) -The U.S. Federal Reserve is still monitoring the situation in the banking industry “very carefully” to address potential vulnerabilities,[...]
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Inflation up in German states, pointing to national rise
BERLIN (Reuters) – Inflation rose in five economically important German states in the month of June, preliminary data showed on Thursday, suggesting a bumpy road ahead for German inflation. The[...]
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Rouble hits 15-month low past 87 vs dollar on political risk concerns
(Reuters) – The Russian rouble weakened past 87 against the dollar to a 15-month low on Thursday, hampered by domestic political risk concerns after an aborted mutiny over the weekend, with mark[...]
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BMW to produce electric X3 model at South Africa plant
(Reuters) – Germany’s BMW will build its X3 model in South Africa from 2024, investing 4.2 billion rand ($225.09 million) to electrify its plant in Rosslyn, the company said in a statement[...]
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US court approves Cineworld’s restructuring plan
(Corrects day in first paragraph to Thursday) (Reuters) – British cinema chain operator Cineworld Group said on Thursday that a U.S. court had approved its debt restructuring plan. The company,[...]
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Spain’s 12-month inflation falls to 1.9% in June, lowest since March 2021
(Reuters) – Spain’s consumer prices rose 1.9% year-on-year in June, their slowest increase since March 2021, preliminary data from the National Statistics Institute (INE) showed on Thursda[...]
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Marketmind: CPI test for G3 policy hawks – and lone dove
A look at the day ahead in European and global markets from Kevin Buckland The world’s biggest central banks all confirmed their policy stances from one venue on Wednesday, in the finale of the[...]
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