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BoE’s Saunders says interest rates may rise next year
By Andy Bruce LONDON (Reuters) - The Bank of England may need to raise interest rates next year if growth continues and inflation becomes stickier, Bank of England policymaker Michael Saunders said on...
Syndicated Content Sep 07, 2021
Factbox-Germany’s election and the finance industry
FRANKFURT (Reuters) - Germany elects a new parliament on Sept. 26, with potential ramifications for its financial industry. Here are details on how the parties in the running to lead the next governme...
Syndicated Content Sep 07, 2021
European shares hover below record high, telecom stocks jump
(Reuters) - European stocks hovered below record highs on Tuesday as caution ahead of a European Central Bank meeting later this week offset gains in the telecoms sector following a Deutsche Telekom d...
Syndicated Content Sep 07, 2021
Volkswagen chairman: strategic transformation might cost more
MUNICH (Reuters) - Volkswagen may have to stump up a bigger bill to fund its current transformation, the group's supervisory board chairman said, pointing to the carmaker's ambitious shift towards aut...
Syndicated Content Sep 07, 2021
Marketmind: Transitory faith in transitory inflation
A look at the day ahead from Julien Ponthus. Say your economy is growing at about 5% annually, it just hit a 10-year inflation high of 3% amid labour shortages and enjoys negative yields on benchmark ...
Syndicated Content Sep 07, 2021
Ted Baker sales jump as easing curbs revive dressing to the nines
(Reuters) - Upmarket fashion retailer Ted Baker Plc on Tuesday said second-quarter sales surged 50% as the lifting of COVID-19 restrictions in the UK boosted demand for formal clothes. Retail sales du...
Syndicated Content Sep 07, 2021
Toyota to spend over $13.5 billion to develop EV batteries and supply systems by 2030
TOKYO (Reuters) - Toyota Motor Corp said on Tuesday it expects to spend more than $13.5 billion by 2030 to develop batteries and its battery supply system. The world's largest automaker by volume uses...
Syndicated Content Sep 07, 2021
OPEC+ keen to keep oil prices at $65-$75 a barrel, Lukoil chief says
MOSCOW (Reuters) - The head of Russia's No. 2 oil producer Lukoil said that oil prices of $65-$75 were "comfortable" for consumers and that the OPEC+ group of leading oil-producing nations was strivin...
Syndicated Content Sep 07, 2021
German factory output rebound suggests bottlenecks easing
BERLIN (Reuters) - German industrial output rose more than expected in July after three monthly drops, data showed on Tuesday, in a sign that factories are slowly overcoming supply bottlenecks which h...
Syndicated Content Sep 07, 2021
France to pay national tribute to famed actor Belmondo on Sept 9
PARIS (Reuters) - France will hold a national ceremony to pay tribute to famed actor Jean-Paul Belmondo at Paris' Hotel National des Invalides on Sept 9, said the French presidency on Tuesday. Belmond...
Syndicated Content Sep 07, 2021
Peoria, IL, USA
50 °F Partly cloudy
