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UK Jobless Rate Rises but Wage Growth Points to Another Rate Hike
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Russian Plane With 159 Aboard Makes Emergency Landing in Novosibirsk Region – Agencies
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Asian Stocks Steady, Japan, China Central Banks Interrupt Dollar’s Ascent
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Brent Holds Above $90; Traders Eye U.s., European Interest Rates as Guide to Demand
BoE’s Mann Says Better to Err Towards Over-Tightening Rates
Date: September 12, 2023
BoE’s Mann says better to err towards over-tightening rates By Andy Bruce and David Milliken LONDON (Reuters) -Bank of England policymaker Catherine Mann said on Monday that it was too soon for the BoE to stop raising interest rates, and that it was better for the central bank to err on the side of raising...
Global Companies to Hike Security Spending as Threats Rise – Survey
Date: September 11, 2023
Global companies to hike security spending as threats rise – survey By Kate Holton LONDON (Reuters) – Almost half of security chiefs at the world’s biggest companies expect to increase their budgets significantly in the next year as they see economic and social unrest driving more cases of theft, fraud and the leaking of sensitive...
Ripe for Change? Activist Investors Eye Food, Consumer Goods Firms
Date: September 11, 2023
Ripe for change? Activist investors eye food, consumer goods firms LONDON (Reuters) – In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Danone’s board, saying it had built a stake of more than 3% in the French food giant. “On almost every measure, Danone’s performance has lagged,”...
Red Cross Cuts 2024 Budget as Donations Fall
Date: September 11, 2023
Red Cross cuts 2024 budget as donations fall GENEVA (Reuters) -The International Committee of the Red Cross will cut its budget next year by about 13%, its director-general said on Monday, as major donors including the United States have reduced funding. Surging humanitarian needs amid a deepening set of crises around the world including wars...
AstraZeneca Shares Fall 4% to 7-1/2 Week Low
Date: September 11, 2023
AstraZeneca shares fall 4% to 7-1/2 week low LONDON (Reuters) -Shares in London-listed drugmaker AstraZeneca fell more than 4% on Monday, sliding to their lowest since July 19. Three analysts and one AstraZeneca shareholder told Reuters they attributed the move to a report in the Mail on Sunday newspaper saying that the drugmaker’s Chief Executive...
Bmw to Invest $750 Million in UK Plants to Take Mini Fully Electric
Date: September 11, 2023
BMW to invest $750 million in UK plants to take Mini fully electric By Nick Carey LONDON (Reuters) -BMW said on Monday it will invest 600 million pounds ($750 million) in its UK plants to take its Mini brand all-electric by 2030, giving a fresh boost to Britain’s car industry after years of Brexit-related uncertainty....