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US CDC tracks new lineage of virus that causes COVID
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McLaren Applied’s Lavoie in talks to buy Dutch e-bike maker VanMoof – source
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Analysis-A year on, Europe less fearful of U.S. green subsidies push
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Britain makes access to fee-free cash machine a legal right
US Senators say Credit Suisse did not review all records when probing Nazi-linked accounts
Date: August 18, 2023
US Senators say Credit Suisse did not review all records when probing Nazi-linked accounts By Chris Prentice and Brenna Hughes Neghaiwi NEW YORK/ZURICH (Reuters) – Swiss lender Credit Suisse did not review all available records when it conducted an internal probe into the historical servicing of Nazi clients and Nazi-linked accounts, according to an investigation...
Rouble strengthens as market anticipates possible capital controls
Date: August 17, 2023
Rouble strengthens as market anticipates possible capital controls By Alexander Marrow and Elena Fabrichnaya (Reuters) – The Russian rouble strengthened to 93 against the dollar on Thursday, in a volatile week filled with speculation over how the authorities might stabilise the currency after a 350-basis-point rate hike appeared to have only a limited effect. The...
Norway central bank raises rate to 4.0%, eyes September hike
Date: August 17, 2023
Norway central bank raises rate to 4.0%, eyes September hike By Gwladys Fouche and Terje Solsvik ARENDAL, Norway (Reuters) -Norway’s central bank raised its benchmark interest rate by 25 basis points to 4.0% on Thursday to try to curb inflation, as widely forecast, and said it would likely hike again in September. Thursday’s hike had...
China’s low copper inventory data belie sufficient supply
Date: August 17, 2023
China’s low copper inventory data belie sufficient supply By Mai Nguyen and Siyi Liu HANOI/BEIJING (Reuters) – Net long positions of copper on the London Metals Exchange (LME) are at a six-month high, partly fuelled by low Chinese copper inventories data, but industry sources say this signal often as seen as bullish isn’t reflecting the...
Tomb Raider games group Embracer lags forecast, maintains outlook
Date: August 17, 2023
Tomb Raider games group Embracer lags forecast, maintains outlook By Jesus Calero and Marie Mannes STOCKHOLM (Reuters) -Swedish games developer Embracer on Thursday reported slightly weaker than expected operating profit for the April to June period but reiterated its full-year guidance, saying its restructuring programme was on track. Shares initially rose by around 8%, but...
Payments company Adyen’s shares drop more than 20% after earnings miss
Date: August 17, 2023
Payments company Adyen’s shares drop more than 20% after earnings miss AMSTERDAM (Reuters) – Shares in Dutch payments processor Adyen NV fell by more than 20% on Thursday after first-half earnings missed analysts’ estimates and the company’s own targets. Adyen, which provides online payment services for many of the world’s largest internet platforms and retail...