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BoE’s Bailey rebuffs talk of less central bank independence in UK
LONDON (Reuters) -Bank of England Governor Andrew Bailey pushed back against suggestions by the front-runner to become Britain's next prime minister Liz Truss and her supporters that the government sh...
Syndicated Content Aug 05, 2022
Firmenich marks last year of independence with record profit
By Ludwig Burger FRANKFURT (Reuters) - Market share gains in fine fragrances and strong demand for its food ingredients helped Switzerland's Firmenich, which has agreed to merge with DSM, deliver a ne...
Syndicated Content Aug 05, 2022
Storytel revenue beats expectations on audiobook demand
By Supantha Mukherjee STOCKHOLM (Reuters) - Swedish audiobook streaming group Storytel on Friday reported second-quarter revenue ahead of analyst expectations, helped by growth across the Nordics, Eur...
Syndicated Content Aug 05, 2022
Jittery markets see bond funds enjoy largest weekly inflows since Nov 2021
By Lucy Raitano LONDON (Reuters) - Bond funds recorded their largest weekly inflow since late 2021 while equity funds were sold off, suggesting investors are becoming increasingly risk adverse against...
Syndicated Content Aug 05, 2022
U.N. food price index falls again in July
LONDON (Reuters) - The United Nations food agency's world price index declined again in July, edging further away from all-time highs hit in March. The Food and Agriculture Organization's (FAO) index,...
Syndicated Content Aug 05, 2022
London shares open lower as energy stocks weigh
(Reuters) - UK shares opened slightly lower on Friday, with energy stocks leading the declines, a day after the Bank of England raised interest rates by the most in 27 years. The FTSE 100 index dipped...
Syndicated Content Aug 05, 2022
European shares steady ahead of U.S. jobs data
(Reuters) - European shares were subdued on Friday with all eyes on U.S. jobs data expected later in the day, while investors assessed Bank of England's biggest rate hike in 27 years amid growing fear...
Syndicated Content Aug 05, 2022
UK recruiters report slowest hiring rise in 17 months, REC says
LONDON (Reuters) - British employers slowed their hiring via recruitment agencies by the most in 17 months in July as they worried increasingly about the outlook for the economy, a survey showed on Fr...
Syndicated Content Aug 05, 2022
Japan’s GPIF posts $28 billion Q1 investment loss on market turbulence
TOKYO (Reuters) -Japan's Government Pension Investment Fund (GPIF) reported on Friday an investment loss of 3.75 trillion yen ($28.13 billion) for April-June, the second consecutive quarter of negativ...
Syndicated Content Aug 05, 2022
Take Five: Inflation still the name of the game
(Reuters) - Latest U.S. inflation numbers are in markets' sight, especially since Federal Reserve policymakers have come out in force to correct any misconception about their determination to slay dec...
Syndicated Content Aug 05, 2022
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