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Dollar scales 10-month top as rate jitters persist
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Merchants want lower fees, need Amazon’s ads as US FTC files suit
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Bank of England to leave rates on hold through mid-2024, cut in Q3: Reuters poll
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French shoppers buy fewer tampons, less detergent as prices surge
Shutdown showdown in US Congress: Time running short to fund government
Date: September 26, 2023
Shutdown showdown in US Congress: Time running short to fund government By David Morgan and Andy Sullivan WASHINGTON (Reuters) – The U.S. House and Senate on Tuesday plan to take sharply divergent paths in a high-stakes spending battle, with just five days remaining until a deadline that could force wide swaths of the government to...
Three-quarters of firms globally are not ready for new ESG rules, KPMG finds
Date: September 26, 2023
Three-quarters of firms globally are not ready for new ESG rules, KPMG finds LONDON (Reuters) – Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) data audited externally months before new regulations kick in, according to a new report from KPMG published on Tuesday. Stricter European Union, U.S. and...
Equities fall as U.S. Treasury yields, dollar stay elevated
Date: September 26, 2023
Equities fall as U.S. Treasury yields, dollar stay elevated By Sinéad Carew NEW YORK (Reuters) – Equities around the world were lower on Tuesday in a choppy trading session as Treasury yields stayed close to 2007 levels while fears of higher for longer interest rates ate into appetites for riskier assets. The dollar index eased...
UK home secretary warns uncontrolled migration poses ‘existential challenge’
Date: September 26, 2023
UK home secretary warns uncontrolled migration poses ‘existential challenge’ By Andrew MacAskill LONDON (Reuters) -Britain’s Home Secretary Suella Braverman warned on Tuesday uncontrolled migration poses an “existential challenge” to Western nations and called for the rewriting of a treaty which has influenced global asylum policy for the last seven decades. Addressing the American Enterprise Institute...
French retailers E-Leclerc and Carrefour say they will sell fuel at cost
Date: September 26, 2023
French retailers E-Leclerc and Carrefour say they will sell fuel at cost By Blandine Henault and Forrest Crellin PARIS (Reuters) -France’s two largest food retailers, E-Leclerc and Carrefour, said on Tuesday that they would heed the government’s call for petrol and diesel to be sold at cost price at the pump. Ahead of a meeting...
Exclusive-Cinven bought Eurovita bonds from GIC, others to help liquidation-source
Date: September 26, 2023
Exclusive-Cinven bought Eurovita bonds from GIC, others to help liquidation-source By Valentina Za and Emilio Parodi MILAN (Reuters) – Private equity firm Cinven has agreed to buy back 160 million euros ($170 million) of debt sold by its insurer Eurovita and is open to supporting other measures to avoid a messy liquidation of the Italian...