Wealth Growth Daily

Europe

Morgan Stanley, JPMorgan turn bullish on emerging market local bonds

BY Reuters  • June 12, 2023June 12, 2023
LONDON (Reuters) – Morgan Stanley has become the latest Wall Street bank to turn bullish on local emerging market bonds, though its strategists said they remained wary of developing economies[...]
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Africa Asia Business Economy Europe US

UK PM Sunak pitches Britain as future home for AI regulation

BY Reuters  • June 12, 2023June 12, 2023
LONDON (Reuters) -Prime Minister Rishi Sunak said on Monday Britain could be the global home of artificial intelligence regulation as he pitched London as a tech hub to industry leaders and urged them[...]
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Business Economy Europe Politics Science Technology Top News UK Updated

Factbox-Credit Suisse arrivals and departures after UBS seals takeover

BY Reuters  • June 12, 2023June 12, 2023
ZURICH (Reuters) – UBS followed up the announcement it had closed the takeover of stricken rival Credit Suisse on Monday with a raft of management changes. Here are the highlights: OUT Leaving t[...]
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Asia Business Economy Europe Politics UK

Ryanair eyes slots IAG may hand over as remedies in Air Europa purchase -report

BY Reuters  • June 12, 2023June 12, 2023
MADRID (Reuters) – Irish airline Ryanair is keen to buy the slots International Consolidated Airlines Group may be forced to dispose to get its planned acquisition of Air Europa approved by the[...]
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Business Economy Europe UK

AB InBev, Molson Coors dent US craft beer competition with cheaper six-packs

BY Reuters  • June 12, 2023June 12, 2023
By Ananya Mariam Rajesh (Reuters) – Anheuser-Busch InBev and Molson Coors Beverage are set to gain market share from craft beer makers in the United States this year as cost-conscious consumers[...]
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Business Economy Entertainment and Lifestyle Europe US

Odey Asset Management says not gating funds in Crispin Odey succession

BY Reuters  • June 12, 2023June 12, 2023
By Nell Mackenzie LONDON (Reuters) – Odey Asset Management is not considering imposing exit restrictions on investors in any of its funds, a spokesperson said, as partners seek to sever ties wit[...]
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Business Economy Europe Politics Top News UK Updated

Recession risks still loom for markets calmer after banking turmoil

BY Reuters  • June 12, 2023June 12, 2023
(Reuters) – The euro zone has slipped into recession and Chinese data has disappointed, warning signs for world markets relieved that the March banking turmoil has not led to a full on credit-cr[...]
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Business Economy Europe US

Markets in a spin ahead of interest rate decisions

BY Reuters  • June 12, 2023June 12, 2023
(Reuters) – A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. It’s a big week for markets with interest rate decisions from the three major central banks coming one[...]
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Asia Business Economy Europe Politics UK US

Ahold Delhaize hits ‘roughly half’ its 1 billion euro goal for non-grocery revenue

BY Reuters  • June 12, 2023June 12, 2023
By Jessica DiNapoli NEW YORK (Reuters) -Ahold Delhaize has hit “roughly half” its goal to grow revenue from businesses beyond grocery stores to 1 billion euros by 2025, CEO Frans Muller to[...]
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Business Economy Europe Updated US
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