Bank of England to review how it stress tests banks
LONDON (Reuters) – Britain’s banking system is well capitalised to withstand shocks the Bank of England said on Tuesday, a..
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IMF says ‘weak tail’ of banks could struggle in an economic downturn
By Pete Schroeder and Elisa Martinuzzi WASHINGTON (Reuters) -Around 5% of banks globally are vulnerable to stress if central bank int..
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Dollar stalls as dovish Fed and China hopes help euro
LONDON/SINGAPORE (Reuters) – The dollar stalled and the euro ticked up on Tuesday as investors reacted to a sharp drop in U.S. b..
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Bank of England warns that some global asset valuations appear stretched
LONDON (Reuters) -The Bank of England said on Tuesday that valuations for some financial assets may be too high, particularly for U.S...
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Imperative for Italy to control public spending, economy minister says
By Giuseppe Fonte ROME (Reuters) – Italy’s economy minister said on Tuesday strict control of public spending was essenti..
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Exclusive-Ukraine sounds out bondholders on debt restructuring, new financing -sources
By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) -Ukraine has been sounding out major investors over plans to restructur..
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Dollar gains against euro in flight to safety on Israel-Palestinian fighting
NEW YORK/LONDON (Reuters) – The safe-haven dollar rose on Monday against the euro and sterling as military clashes between Israe..
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Renewables funds see record outflows as rising rates, costs hit shares
BENGALURU/LONDON (Reuters) – Investors ditched renewable energy funds at the fastest rate on record in the three months to end-S..
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Investors on guard for oil price spike as Middle East turmoil rattles markets
(Reuters) -Fears of a widening conflict in the Middle East are threatening more volatility for investors after a painful stretch in U...
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GSK signs shingles vaccine deal with China’s Zhifei for around $3 billion
By Maggie Fick and Andrew Silver LONDON/SHANGHAI (Reuters) – China’s largest vaccines company Zhifei will pay British dru..
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UK’s FTSE 100 outperforms peers as oil majors jump on Middle East conflict
(Reuters) -The commodity-heavy FTSE 100 was subdued on Monday, but outpaced its peers in Europe and the U.S., as oil majors rallied on..
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Oil, gold jump, stocks slip on Middle East conflict
By Caroline Valetkevitch NEW YORK (Reuters) -Oil prices jumped more than 4%, the U.S. dollar edged up against the euro and global sto..
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European stocks slip amid Middle East conflict jitters
By Sruthi Shankar, Shristi Achar A and Siddarth S (Reuters) – European stocks came under pressure on Monday as Mideast military..
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Apollo, JB Capital preparing bid for Vodafone’s Spanish unit, Expansion says
MADRID (Reuters) – U.S.-based buyout fund Apollo Global Management is readying a bid with local fund JB Capital for the Spanish ..
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Weight-loss drugs fuel boom for firms that fill syringes
By Maggie Fick LONDON (Reuters) – Contract drug manufacturers seeking to tap into the booming market for weight-loss drugs are ..
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Progress in reforming development banks ‘quite limited,’ new tool shows
By Andrea Shalal MARRAKECH, Morocco (Reuters) – A new tool launched on Monday to track reforms by the World Bank and the five b..
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Oil prices jump as Middle East violence rattles markets
By Andrew Hayley BEIJING (Reuters) -Oil prices were up more than $3 a barrel in Asian trade on Monday as military clashes between Isr..
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Bristol-Myers Squibb to acquire Mirati in up to $5.8 billion deal
(Reuters) -Bristol-Myers Squibb on Sunday said it will acquire cancer drugmaker Mirati Therapeutics for up to $5.8 billion, diversifyi..
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‘Get Britain building again’, UK’s Labour sets out growth plan
Andrew MacAskillLIVERPOOL, England (Reuters) – Britain’s opposition Labour Party will promise on Monday to get the country..
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UK bank regulator still pressing for Metro plan by Monday – source
By Elisa Martinuzzi, Pablo Mayo Cerqueiro and Iain Withers LONDON (Reuters) -Britain’s Prudential Regulation Authority (PRA) is..
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Explainer-Paris freaks out over bedbugs ahead of Olympic Games
PARIS (Reuters) – The French government is battling to contain a bout of nationwide panic over bedbugs in Paris just nine months..
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Blow-out U.S. jobs growth buoys dollar, hits stocks and bonds
NEW YORK/LONDON (Reuters) -A blowout U.S. jobs report on Friday sent the dollar higher and cast a pall over stocks and bonds as the da..
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US dollar set for 12th weekly gain after blowout jobs number
NEW YORK (Reuters) – The dollar gained on Friday, headed for a 12th straight week of gains, after a blockbuster U.S. jobs report..
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European stocks hits third-straight weekly loss as yields surge
(Reuters) -European shares advanced at the end of a turbulent week tracking Wall Street gains, but hit weekly losses, while a hotter-t..
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EU leaders resolve to boost economic security amid global tension
GRANADA, Spain (Reuters) – European Union leaders resolved on Friday to strengthen the bloc’s competitiveness, be at the..
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Analysis-Is the US strategy of engaging China working?
WASHINGTON (Reuters) – Early in the Biden administration, U.S. Secretary of State Antony Blinken vowed that the United States wo..
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Renault brings in Volvo, CMA CGM for electric van project
PARIS (Reuters) – Renault will work with fellow carmaker Volvo and shipping group CMA CGM on an electric van project that Renaul..
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US FDA still not satisfied with Philips recall; stock falls over 9%
By Toby Sterling and Piotr Lipinski AMSTERDAM (Reuters) -The U.S. Food and Drug Administration (FDA) said it is still not satisfied w..
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ECB’s Schnabel can’t rule out more hikes amid inflation risks
FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates again if wages, profits or new supply snags boost inf..
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GSK raises $1.1 billion from Haleon stake sale
(Reuters) -British drugmaker GSK on Friday said it raised 885.6 million pounds ($1.08 billion) from a stake sale in Haleon, bringing d..
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UK’s J D Wetherspoon posts higher sales on resilient demand
(Reuters) -British pub group J D Wetherspoon said on Friday sales in the first nine weeks of its financial year rose nearly 10% on st..
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Norway plans resource tax on onshore wind farms
OSLO (Reuters) – Norway will introduce a resource rent tax on onshore wind power from 2024, although existing facilities will ge..
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Finnair to raise $632 million to shore up finances
STOCKHOLM (Reuters) -Finnish airline Finnair said on Friday it planned to raise up to 600 million euros ($632 million) in a rights iss..
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Explainer-Why are British lender Metro Bank’s shares plunging?
LONDON (Reuters) – Mid-sized British lender Metro Bank saw its shares plunge more than 25% on Thursday following reports it is t..
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Oil prices fall again; demand worries outweigh tight supply
HOUSTON (Reuters) -Oil prices fell about 2% on Thursday, extending the previous session’s nearly 6% losses, as an uncertain de..
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UK to examine Amazon and Microsoft’s cloud dominance
LONDON (Reuters) -Britain’s media regulator on Thursday asked the country’s antitrust authority to investigate U.S. tech g..
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Analysis-When, not if, Europe copies Wall Street share trading reform
LONDON (Reuters) – The European Union, Britain and Switzerland have little choice but to copy Wall Street in speeding up share t..
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