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ECB climate stress test flags $71 billion risk to euro zone banks
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Trading could come under Bank of England climate test scrutiny
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Putin warns of long war as West seeks to unblock Ukraine’s grain exports
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Britain delays planning decision on EDF’s Sizewell C nuclear project
Shinzo Abe sought to reinvigorate Japan with bold economic policies, strong armed forces
Date: July 8, 2022
TOKYO (Reuters) – Shinzo Abe, Japan’s longest-serving prime minister, who sought to lift the economy out of chronic deflation with his bold “Abenomics” policies, beef up the military and counter China’s growing clout, has died at 67. Abe, who left office in 2020, was shot and killed on Friday during an election campaign speech in...
Japanese former prime minister Abe has died -NHK
Date: July 8, 2022
TOKYO (Reuters) – Japanese former Prime Minister Shinzo Abe has died, public broadcaster NHK said on Friday. Abe, 67, had been delivering a stump speech near a train station in the western city of Nara when he was shot by an assailant. (Reporting by Tokyo Bureau; Editing by David Dolan and Mark Heinrich)...
UK stocks drop as investors shun risky bets in turbulent week
Date: July 8, 2022
By Sruthi Shankar (Reuters) -UK’s main stock indexes slipped on Friday as global sentiment soured at the end of a week marked by political turmoil in Britain, soaring energy prices in Europe and hawkish comments from major central banks. The blue-chip FTSE 100 dipped 0.01%, while the domestically oriented FTSE midcap index slid 0.4%. Risk...
Safety-bid lifts yen after former PM shot, euro falls towards parity
Date: July 8, 2022
By Joice Alves and Tom Westbrook LONDON (Reuters) – Safe-haven demand lifted the yen and the U.S. dollar on Friday after former Japanese prime minister Shinzo Abe was shot while campaigning for a parliamentary election. The euro, at a 20-year low, was falling towards parity against the dollar and set for its worst week in...
European shares tepid as miners fall on China COVID worries
Date: July 8, 2022
By Devik Jain (Reuters) – European shares were muted on Friday, weighed down by miners as copper prices retreated on concerns over latest COVID-19 curbs and flare-ups in China, while investors also maintained a cautious stance ahead of monthly U.S. jobs data. The continent-wide STOXX 600 index was down 0.1%, after climbing 3.6% in the...
European shares struggle ahead of U.S. jobs data
Date: July 8, 2022
By Elizabeth Howcroft and Lucy Raitano LONDON (Reuters) – European shares opened slightly lower on Friday and struggled to make gains after the shooting of Japan’s former prime minister caused a pullback in Asian shares, while investors waited for key U.S. jobs data later in the session. Investor sentiment had been positive earlier in the...