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German home prices tumble amid property rout
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Cybertruck designer says Tesla stainless steel pickup is no experiment
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Dollar finds feet as US inflation test looms
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Royal Bank of Canada gets nod for $10 billion purchase of HSBC unit
Dollar softens, sterling squeezed as focus turns to U.S. inflation
Date: December 21, 2023
Dollar softens, sterling squeezed as focus turns to U.S. inflation By Samuel Indyk and Tom Westbrook LONDON (Reuters) -The dollar dipped on Thursday while sterling crosses were nursing losses in holiday-thinned trade ahead of the last major data release of the year in Friday’s U.S. inflation figures. Sterling suffered its sharpest drop on the dollar...
IPO hopes rise for new year after Fed’s early holiday gift
Date: December 21, 2023
IPO hopes rise for new year after Fed’s early holiday gift By Pablo Mayo Cerqueiro LONDON (Reuters) – Bankers advising companies on stock market listings are hopeful that the new year will bring a recovery in initial public offerings after the U.S. Federal Reserve signalled it may start reversing the fastest escalation in interest rates...
Residents visit evacuated Icelandic town for first time since volcanic eruption
Date: December 21, 2023
Residents visit evacuated Icelandic town for first time since volcanic eruption By Marco Trujillo and Marko Djurica GRINDAVIK, Iceland (Reuters) -Residents returned briefly to an evacuated fishing town in Iceland on Thursday for the first time since a volcanic eruption to check on their homes and collect some belongings. Scientists who flew over the area...
Sterling steady as traders mull deficit, cooling inflation
Date: December 21, 2023
Sterling steady as traders mull deficit, cooling inflation LONDON – Sterling was flat against the dollar on Thursday as traders digested the latest snapshot of the UK budget deficit, while Wednesday’s cooler-than-expected November inflation print continued to sink in. At 1055 GMT, sterling was unchanged against the dollar at $1.26390. Figures on Thursday showed the...
Dealmakers see rebound after global M&A volumes hit decade-low
Date: December 21, 2023
Dealmakers see rebound after global M&A volumes hit decade-low By Anirban Sen and Anousha Sakoui NEW YORK (Reuters) – Mergers and acquisitions (M&A) activity fell to its lowest level in ten years globally in 2023, as high interest rates and an economic slowdown weighed on companies’ dealmaking confidence, but bankers and lawyers expect a pick-up...
Olympics-Paris 2024 has contingency plans for opening ceremony
Date: December 21, 2023
Olympics-Paris 2024 has contingency plans for opening ceremony (Recasts with Games organisers) By Julien Pretot PARIS (Reuters) -Paris 2024 organisers admitted that there were contingency plans for the Olympics opening ceremony on Thursday after French President Emmanuel Macron revealed the event could be moved from the River Seine in case of a major security alert....