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Germany’s working-age population to decline by 2% by 2045, study shows
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UK inflation back to 2% target for first time since 2021
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UK’s Berkeley turns to build-to-rent segment; raises earnings view
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Dollar steadies, sterling eases ahead of inflation data
Exclusive-Ferrari’s first electric car to cost over $500,000, source says
Date: June 19, 2024
Exclusive-Ferrari’s first electric car to cost over $500,000, source says By Giulio Piovaccari MILAN (Reuters) – Ferrari’s first electric car will cost at least 500,000 euros ($535,000), a source familiar with the matter told Reuters, as the luxury automaker prepares to open a plant that will make the model – and could boost group production...
Dollar pares gains after US retail sales miss expectations in May
Date: June 18, 2024
Dollar pares gains after US retail sales miss expectations in May By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar pared gains against the euro on Tuesday after retail sales data indicated signs of exhaustion among U.S. consumers, boosting the case for Federal Reserve rate cuts later this year. U.S. retail sales increased less than...
European shares advance as French political concerns subside
Date: June 18, 2024
European shares advance as French political concerns subside By Shashwat Chauhan, Jesus Calero and Shristi Achar A (Reuters) -European shares closed higher on Tuesday, supported by a slip in government bond yields as investor concern over French political woes ebbed, with the focus shifting to data and policymakers’ comments to gauge global central banks’ monetary...
UK grocery inflation edges lower again ahead of election, Kantar says
Date: June 18, 2024
UK grocery inflation edges lower again ahead of election, Kantar says By James Davey LONDON (Reuters) – UK grocery inflation fell for a sixteenth month in a row in June, industry data showed on Tuesday, providing a little cheer for Prime Minister Rishi Sunak ahead of next month’s election. Market researcher Kantar said annual grocery...
German investor morale rises modestly in June, ZEW says
Date: June 18, 2024
German investor morale rises modestly in June, ZEW says BERLIN (Reuters) -The recovery in German investor morale tapered off in June, the ZEW economic research institute said on Tuesday, reporting a modest rise in its economic sentiment index that fell short of forecasts. The economic sentiment index rose to 47.5 points from 47.1 points in...
The euro zone’s fragmented banking industry
Date: June 18, 2024
The euro zone’s fragmented banking industry By Tommy Reggiori Wilkes and Prinz Magtulis LONDON (Reuters) – Supporters for more consolidation in the euro zone’s banking sector have been watching Spanish lender BBVA’s hostile bid for Sabadell, alongside comments from some supervisors and lawmakers supporting the idea of more tie-ups. Regulators are keen for more consolidation...