SNB defends raising rates, says not to blame for Credit Suisse failure
(This May 31 story has been corrected to clarify that Jordan’s comment referred to another bank and not Credit Suisse, in paragr..
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Internet data growth has not pushed up telcos’ network costs, Dutch government says
BRUSSELS (Reuters) – The Dutch government has stepped up its criticism of a push by EU telecoms operators to get Big Tech to hel..
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Global factories struggle for momentum amid patchy demand
LONDON/TOKYO (Reuters) -Sluggish global demand deepened the decline in manufacturing activity across Europe and remained a major chall..
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Sugar group Tereos reports leap in core profit as prices rise
PARIS (Reuters) – French sugar and ethanol group Tereos on Thursday posted a strong rise in sales and earnings for its 2022/23 f..
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Major central banks renew rate hike push in May
LONDON (Reuters) – The pace of interest rate hikes across major central banks showed little sign of slowing in May but the scale..
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Dr Martens tripped up by tough U.S. market
(Reuters) -Dr Martens shares dropped more than 10% on Thursday after the British bootmaker warned investments would hit profit margins..
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Dollar rises as U.S. debt bill passes House, euro slides ahead of inflation
SINGAPORE/LONDON (Reuters) – The dollar rose on Thursday after a vote of approval from the U.S. House to suspend the debt ceilin..
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New global renewables capacity additions to rise by a third this year – IEA
LONDON (Reuters) – Global additions of renewable power capacity are expected to rise by a third this year, the International Ene..
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BRICS ministers meet in push to establish group as counterweight to West
CAPE TOWN (Reuters) – Foreign ministers from the BRICS countries are meeting in South Africa from Thursday as the five-nation bl..
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Oil rises on potential U.S. rate hike pause, debt bill passing
BEIJING (Reuters) -Oil prices rose on Thursday, reversing earlier losses, as a potential pause in U.S. interest rate hikes and the deb..
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