China targets consensus with EU on EV tariff dispute through flexible pricing solutions
BEIJING (Reuters) – The Chinese commerce ministry said on Thursday that technical teams from China and the European Commission are...
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Deutsche Bank says now expects a faster ECB rate-cutting cycle
LONDON (Reuters) – Deutsche Bank said on Thursday it now anticipated a faster European Central Bank rate-cutting cycle, with back-to-back...
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Wells Fargo sees China’s economy growing 4.6% in 2024, below government’s 5% goal
Investing.com — Wells Fargo now forecasts that China’s economy will grow 4.6% in 2024, a downgrade from the earlier estimate...
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SNB cuts interest rates by 25 basis points for third time this year
By John Revill ZURICH (Reuters) – The Swiss National Bank cut interest rates by 25 basis points on Thursday, its...
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Legislation to curb US investment in China is top priority, lawmaker says
By Alexandra Alper WASHINGTON (Reuters) – The Republican chair of the House of Representatives’ select committee on China said on...
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A global hunt for neutral to shape world finance costs
By Howard Schneider and William Schomberg WASHINGTON/LONDON (Reuters) – With key central banks now aligned in cutting interest rates a...
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H&M abandons 2024 earnings margin target, Q3 profit lags
STOCKHOLM (Reuters) -H&M, the world’s second-largest listed fashion retailer, said on Thursday it no longer expected to reach its full-year...
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Foreign investors cheer China’s stimulus – from a distance
By Ankur Banerjee and Laura Matthews SINGAPORE/NEW YORK (Reuters) – As the market euphoria to China’s biggest stimulus since the...
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China weighs injecting $142 billion of capital into top banks, Bloomberg News reports
HONG KONG (Reuters) – China is considering injecting up to 1 trillion yuan ($142.39 billion) of capital into its biggest...
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Healthcare firm Guardian Pharmacy raises $112 million in US IPO
(Reuters) -Guardian Pharmacy, which provides pharmacy services to long-term healthcare facilities, raised $112 million in its U.S. initial public offering...
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