By Marc Jones LONDON (Reuters) – Shares hit a two-month high and the dollar swooped towards a three-month low on Thursday, after Federal Reserve signals of smaller interest rate rises from next[...]
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Europe
Analysis-Slower Fed hikes spell relief from Tokyo to Buenos Aires
By Balazs Koranyi and Karin Strohecker FRANKFURT (Reuters) – The Federal Reserve’s signalling of a slowdown in the pace of U.S. interest rate hikes takes pressure off global peers to keep[...]
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ECB’s Schnabel pushes back on smaller rate hikes
LONDON (Reuters) – European Central Bank board member Isabel Schnabel pushed back on Thursday against calls from many of her colleagues for smaller interest rate increases by the ECB, saying thi[...]
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Remy Cointreau cautiously optimistic on China amid lockdowns
By Dominique Vidalon PARIS (Reuters) -Shares in Remy Cointreau fell as much as 4% on Thursday after the French spirits maker said it was “cautiously optimistic” about the Chinese market wh[...]
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Deutsche Bank CEO warns of reliance on government aid packages
BERLIN (Reuters) – Deutsche Bank Chief Executive Christian Sewing appealed for caution regarding German government relief packages and said the country should not come to rely on extending aid m[...]
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German financial system under strain but property correction not seen: Bundesbank
FRANKFURT (Reuters) – Risks in the German financial system are building as the economy heads for a recession and struggles with rising interest rates and sky-high energy prices, but a correction[...]
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Mapfre offers one-time 400-euro bonus to employees to offset inflation
MADRID (Reuters) – Spanish insurer Mapfre will pay a one-time 400 euro ($417.32) bonus at Christmas to its approximately 10,000 employees in Spain to help them cope with soaring inflation. The c[...]
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Bankers pour cold water on red hot coal
By Sarah McFarlane and Clara Denina LONDON (Reuters) – It’s the best of times, it’s the worst of times. At least when it comes to mining coal. After years of decline, demand for the[...]
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Global regulators to target crypto platforms after FTX crash
By Huw Jones LONDON (Reuters) – The crash of FTX exchange has injected greater urgency into regulating the crypto sector and targeting such ‘conglomerate’ platforms will be the focus[...]
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