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Russian rouble nears 4-week high versus dollar
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Take Five: Taking in the vistas from Jackson Hole
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Samsung Elec breaks ground on new chip R&D centre, plans $15 billion investment by 2028
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Bavarian Nordic signs up U.S. firm for packaging monkeypox vaccine
Cricket-Fiery Stokes revives England but S Africa build good lead
Date: August 19, 2022
LONDON (Reuters) – A fiery spell from captain Ben Stokes dragged England back into the match but South Africa remained the happier side as they reached 289 for seven at the close on the second day of the first test at Lord’s on Thursday. Stokes removed Sarel Erwee for 73 and the dangerous Rassie van...
Next year’s Geneva auto show cancelled -organisers
Date: August 19, 2022
ZURICH (Reuters) – The Geneva International Motor Show scheduled to take place in February has been cancelled for the fourth year running, the organisers said on Thursday. They said they would focus instead on a complementary motor show, the Geneva International Motor Show Qatar, due to be held in Doha later in 2023. “Due to...
Record numbers resign in France as bargaining power balance shifts -labour ministry
Date: August 19, 2022
By Myriam Rivet and Tassilo Hummel PARIS (Reuters) – More French employees than ever quit their jobs at the end of 2021 and start of 2022, as the balance of bargaining power shifts away from employers, a labour ministry study showed on Thursday. Over one million quit between October and March, the study by the...
Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports
Date: August 19, 2022
By Elizabeth Howcroft LONDON (Reuters) -Tether, the world’s largest stablecoin, said on Thursday it had appointed accounting firm BDO Italia to vouch for its asset reserves, and aims to publish its reports monthly rather than quarterly by the end of the year. Stablecoins are a type of cryptocurrency designed to keep constant value, such as...
German gas import costs surge 153% in first half as imports drop 24%
Date: August 19, 2022
FRANKFURT (Reuters) – German natural gas import costs rose by 153% in the first six months of 2022 from a year earlier, even though imports were down by 24.3%, official data showed on Thursday. Europe’s biggest economy mainly imports gas from Russia, Norway, the Netherlands, Britain and Denmark, but has turned more to liquefied natural...
Shares choppy, U.S. yields fall as investors digest Fed minutes
Date: August 18, 2022
By Chibuike Oguh NEW YORK (Reuters) – Global equity markets were choppy and U.S. Treasury yields fell on Thursday, as uncertainty over the pace of interest rate hikes prevailed among investors after the Federal Reserve’s meeting minutes showed officials were determined to curb rising prices. Markets have remained bearish amid concerns about a looming recession,...