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ECB delivers its first rate cut in five years

ECB delivers its first rate cut in five years

FRANKFURT (Reuters) -The European Central Bank went ahead with its first interest rate cut since 2019 on Thursday, keeping its word de..

Equals Money announces innovative new “Banking-as-a-Service” product

Equals Money announces innovative new “Banking-as-a-Service” product

Businesses will be empowered to offer digital payment and card solutions by leveraging the Equals Money infrastructure, opening new re..

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Sterling ticks lower as wage growth expectations ease

Sterling ticks lower as wage growth expectations ease

LONDON (Reuters) – The pound softened versus the euro on Thursday ahead of a European Central Bank meeting and after data showed a fall in Briti..

World leaders, veterans, commemorate D-Day’s 80th anniversary in Normandy

World leaders, veterans, commemorate D-Day’s 80th anniversary in Normandy

VER-SUR-MER, France (Reuters) -Moving letters from veterans were read out as ceremonies took place in Normandy on Thursday to mark the..

French jet engine maker Safran gets Italy’s clearance to buy Microtecnica

French jet engine maker Safran gets Italy’s clearance to buy Microtecnica

(Reuters) – French jet engine maker and defence company Safran said on Thursday it had received clearance from Italy to buy Micr..

Headlines

Salesforce to open first AI centre in London

Salesforce to open first AI centre in London

LONDON (Reuters) – Salesforce has picked London for its first AI centre, where it said industry experts, developers and customers will be able t..

Trafigura’s first-half net profit falls in calmer market

Trafigura’s first-half net profit falls in calmer market

LONDON (Reuters) – Trading house Trafigura posted a more than 74% drop in net profit in the first half of its 2024 financial yea..

German industrial orders unexpectedly fall in April

German industrial orders unexpectedly fall in April

(Reuters) – German industrial orders unexpectedly fell in April, marking the fourth month in a row of decreases, due to a signif..

UK services firms report slower growth and weaker inflation, PMI shows

UK services firms report slower growth and weaker inflation, PMI shows

LONDON (Reuters) – Growth among Britain’s services businesses eased in May from April’s 11-month high and inflation ..

Oil comes off four-month low as US jobs data fuels rate cut bets

Oil comes off four-month low as US jobs data fuels rate cut bets

LONDON (Reuters) -Oil prices edged up from four-month lows on Wednesday after a fillip from a U.S. jobs report that firms up the case ..