Global equity funds see over $15 billion in outflows on rate hike worries
(Reuters) – Global equity funds suffered substantial outflows during the seven days to June 21 amid concerns over borrowing costs…
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Bank of England hikes rates to 5% in surprise move to tackle stubborn inflation
By David Milliken and Suban Abdulla LONDON (Reuters) -The Bank of England surprised many investors by raising interest rates half…
Exclusive-Newmont declares force majeure on metal products from Mexico’s Peñasquito
By Pratima Desai and Clara Denina LONDON (Reuters) -Newmont has declared force majeure on deliveries of some metal products from…
Deepening economic pain leaves ECB in policy dilemma
LONDON/FRANKFURT (Reuters) -Euro zone business growth stalled this month as a manufacturing recession deepened and a previously resilient services sector…
US regulators probe India’s Adani Group investor statements -Bloomberg News
(Reuters) -The U.S Attorney’s Office in Brooklyn, New York, has sent inquiries in recent months to investors with large holdings…
Epstein victims seek approval of JPMorgan $290 million settlement
By Jonathan Stempel NEW YORK (Reuters) – Jeffrey Epstein’s victims have formally asked a U.S. judge to preliminarily approve JPMorgan…
UK economy stumbles but price pressures remain high -flash PMI
LONDON (Reuters) – Britain’s economy showed signs of a slowdown this month but inflation pressures stayed high, according to a…
German services sector growth eases in June, manufacturing slumps -flash PMI
BERLIN (Reuters) – German business activity slowed notably this month as growth in the services sector decelerated and a slump…
Boeing to invest $100 million in infrastructure, pilot training in India
BENGALURU (Reuters) – Boeing has announced a $100 million investment in infrastructure and programs to train pilots in India, according…
UK shoppers boost spending again despite inflation’s squeeze
By William Schomberg LONDON (Reuters) -British retail sales unexpectedly rose in May, boosted by an extra bank holiday to mark…