Oil prices rise after US economic data raises rate cut expectations
NEW YORK (Reuters) -Oil futures rose on Thursday on a stabilizing U.S. job market and slower-than-expected inflation data, which incre..
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Dollar rebounds on hot US import prices
NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that rai..
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German experts cut their tax revenue forecasts for 2024-28 by 1.5%
BERLIN (Reuters) -Germany’s council of tax experts cut their forecast for total tax revenue over the next five years by 1.5% on ..
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Fears of German ‘de-industrialisation’ may be overblown – for now
By Maria Martinez BERLIN (Reuters) – High energy costs, weak global demand, a disruptive shift towards net-zero economies, and ..
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Siemens misses profit forecast as industrial business struggles
By John Revill ZURICH (Reuters) – Siemens reported a drop in second-quarter earnings at its industrial business, the German eng..
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Italy cuts Eni stake, raises 1.4 billion euros
By Giuseppe Fonte and Francesca Landini ROME (Reuters) -Italy’s Treasury sold a 2.8% stake in energy group Eni on Wednesday, po..
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Exclusive-Anglo American starts revamp with hiring freeze, document shows
By Scott Murdoch and Melanie Burton SYDNEY (Reuters) -Anglo American has suspended hiring globally according to an internal memo revi..
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Catering firm Compass lifts profit forecast after strong first half
(Reuters) – British catering firm Compass Group raised its 2024 profit forecast on Wednesday, after reporting first-half earnin..
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AI’s use in finance may need new rules, ECB says
FRANKFURT (Reuters) – The use of artificial intelligence in finance is still in its infancy but it needs to be monitored and pos..
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Why Full Fibre Broadband Is the Key to Startup Success in the UK
The benefits of digital transformation in the business landscape, including startups, are undeniable. Starting with cloud computing, ..
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