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BNP Paribas lowers its Bank of England terminal rate forecast

BNP Paribas lowers its Bank of England terminal rate forecast

(Reuters) – BNP Paribas on Friday lowered its Bank of England (BoE) terminal rate forecast to 5.50% from a prior estimate of 5...

UK’s July new car sales up more than 25%- SMMT

UK’s July new car sales up more than 25%- SMMT

(Reuters) – New car registrations in Britain rose more than 25% in July from a year ago, marking its 12th consecutive monthly ri..

Dollar struggles before payrolls test; Aussie rebounds

Dollar struggles before payrolls test; Aussie rebounds

TOKYO (Reuters) – The dollar hung back from a four-week high against major peers on Friday as investors looked ahead to a key jo..

Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

(Reuters) -Amazon.com Inc on Thursday reported sales growth and profit that beat Wall Street’s expectations as the company deliv..

German services sector loses momentum-PMI

German services sector loses momentum-PMI

BERLIN (Reuters) – Growth in Germany’s services sector slowed in July for the second consecutive month, due to a drop in d..

Siemens Healthineers confirms outlook despite problems at Varian

Siemens Healthineers confirms outlook despite problems at Varian

(Reuters) -U.S.-German medical device maker Siemens Healthineers on Wednesday confirmed its outlook for the year despite an unexpected..

Taylor Wimpey expects full-year profits to halve amid housing gloom

Taylor Wimpey expects full-year profits to halve amid housing gloom

LONDON (Reuters) -Taylor Wimpey’s pledge to build more homes than previously forecast boosted the British housebuilder’s s..

UK lender Virgin Money sticks to annual outlook despite mortgage pressures

UK lender Virgin Money sticks to annual outlook despite mortgage pressures

(Reuters) -British challenger bank Virgin Money UK on Wednesday maintained its full-year outlook and reported stable net interest marg..

Stocks drop, Treasuries gain after Fitch downgrades US rating

Stocks drop, Treasuries gain after Fitch downgrades US rating

HONG KONG (Reuters) – Asian stocks and U.S. Treasury yields declined on Wednesday after ratings agency Fitch unexpectedly downgr..

Fresenius Medical forecasts smaller income decline as cost inflation eases

Fresenius Medical forecasts smaller income decline as cost inflation eases

FRANKFURT (Reuters) – Dialysis group Fresenius Medical Care on Wednesday said a possible earnings fall this year would likely no..