Exclusive-Travelex owners considering sale of company –sources
LONDON (Reuters) – Travelex’s owners are exploring a sale of the British currency exchange, which fell into administration..
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Oil jumps 3% as steep US crude stocks draw adds to supply concerns
HOUSTON (Reuters) -Oil prices surged 3% on Wednesday, after U.S. crude stocks fell more than expected, adding to worries of tight glob..
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Sizes of European government debt trades halve in 2023-ICMA
(Reuters) – Investors are having to put on much smaller trades more frequently in Europe’s government bond markets this ye..
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Meta’s new Quest headset to start shipping on Oct 10 -Zuckerberg
MENLO PARK, California (Reuters) -Meta Platforms’ newest Quest mixed-reality headset will start shipping on Oct. 10, Chief Execu..
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Shopify invests in wholesale platform Faire
LONDON (Reuters) – E-commerce giant Shopify is investing in wholesale platform Faire, the companies said on Wednesday, in a glob..
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Bank of England delays final Basel bank capital rules to July 2025
LONDON (Reuters) – The Bank of England on Wednesday said it would delay by six months to July 2025 its roll out of the final leg..
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Germany halts e-cars solar subsidy programme amid high demand
BERLIN (Reuters) – Germany’s state-owned KfW bank on Wednesday said it had halted a new subsidy programme for charging ele..
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UK’s Hiscox to sell Singapore and Thailand insurance business
(Reuters) – British insurer Hiscox said on Wednesday it has agreed to sell DirectAsia, its motor insurance business in Singapore..
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Germany bans neo-Nazi group, raids members’ homes
BERLIN (Reuters) – German authorities raided dozens of locations nationwide on Wednesday after interior minister Nancy Faeser ba..
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Dollar scales 10-month top as rate jitters persist
SINGAPORE (Reuters) – The dollar rose to a 10-month high against its major peers on Wednesday, toppling the euro and sterling to..
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