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Take Five: That rate cut trade

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Olympics-Decision on aluminium surfing judges’ tower by end November – Paris 2024

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Apple to file challenge over Digital Markets Act in EU Court- Bloomberg News

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Are firms prepared for wave of messaging fines headed for Britain?

UK supermarket Booths to scrap most self-service tills
Date: November 10, 2023
UK supermarket Booths to scrap most self-service tills LONDON (Reuters) – Northern England supermarket chain Booths is to axe almost all of the self-service tills in its stores, saying the decision was in response to feedback from customers. The shift is the first by a UK grocer of a significant size, bucking a trend that...

Germany approves global minimum corporate tax
Date: November 10, 2023
Germany approves global minimum corporate tax BERLIN (Reuters) – The German parliament on Friday approved the implementation of a global minimum corporate tax, as part of an international deal to ensure large companies pay a minimum tax rate of 15%. Multinational firms will have to pay that level of tax on all of the profits...

Prince Harry and Elton John can take case against Daily Mail publisher to trial
Date: November 10, 2023
Prince Harry and Elton John can take case against Daily Mail publisher to trial By Michael Holden and Sam Tobin LONDON (Reuters) -Prince Harry, singer Elton John and five other high-profile British figures can have their lawsuit against the publisher of the Daily Mail newspaper alleging widespread unlawful behaviour heard at trial, the High Court...

Dollar edges down before comments from Fed’s Powell
Date: November 9, 2023
Dollar edges down before comments from Fed’s Powell By Karen Brettell NEW YORK (Reuters) – The dollar edged lower on Thursday before a speech by Federal Reserve Chairman Jerome Powell, with markets focused on whether he will push back against last week’s fall in Treasury yields and the dollar on expectations that the U.S. central...

Arm shares sink as some analysts question valuation after weak forecast
Date: November 9, 2023
Arm shares sink as some analysts question valuation after weak forecast By Arsheeya Bajwa (Reuters) – Shares of Arm Holdings sank 8% on Thursday after a delay in a large deal hampered the company’s quarterly forecast in the first earnings since its float in September. The company, which develops and licences semiconductor intellectual property to...

Surgeons in New York announce world’s first eye transplant
Date: November 9, 2023
Surgeons in New York announce world’s first eye transplant By Nancy Lapid (Reuters) – Surgeons in New York have performed the first-ever whole-eye transplant in a human, they announced on Thursday, an accomplishment being hailed as a breakthrough even though the patient has not regained sight in the eye. In the six months since the...
