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...The FTSE 100 closed at an all-time high as rising expectations for UK interest rate cuts weakened sterling and boosted corporate valuations in London....
...In the eurozone, the PMI survey showed business activity also hit an 11-month high, while business confidence in Germany, the bloc’s biggest economy, was at its strongest since last May, according to the...
...“After 14 years of Conservative economic failure, Britain is worse off with low growth and high taxes,” she added....
...Today’s CPI rise, hot on the heels of Friday’s bumper jobs report, piles extra pressure on the Federal Reserve as it decides how much longer to keep interest rates at their current 23-year high....
...Aid for debt-strapped countries is high on the agenda as global crises stretch aid budgets....
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...Anjana Ahuja explains how their recently discovered high-speed evolutionary process has herpetologists in a tizzy....
...There was better news for supermarket workers in the UK, where high street bellwether Marks and Spencer joined other grocers in raising hourly pay above the national living wage....
...London stocks followed Wall Street’s trajectory, putting the FTSE 100 also on track for a record high....
...Global stocks from the US and Europe to Japan have touched record levels in the first part of this year, with signs of life in the markets for initial public offerings and new highs in everything from gold...
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...Today’s top stories The US Federal Reserve left interest rates unchanged at a 23-year high of 5.25 per cent to 5.5 per cent....
...US regulators’ move to ban non-compete agreements that tie down high-priced personnel has sent shockwaves across Wall Street....
...The boost from its earnings helped push the S&P 500 index and the tech-heavy Nasdaq Composite to new highs. The ripples spread far beyond the US....
...Germany was the world’s worst-performing big economy last year, according to the IMF, thanks to a combination of high interest rates and inflation, raised energy prices and lower export demand....
...Xi’s pivot to manufacturing may pose a threat to western interests through a wave of high-tech low-cost exports, but some economists doubt it will be enough to deliver on China’s growth targets....
...Economists say however that the decline is unlikely to ease interest rate-setters’ concerns over high inflation. Commentator Chris Giles offers some solutions on how to fix Europe’s economy....
...The sector is labour-intensive and so more sensitive to movements in wages, keeping prices high. For up-to-the-minute news updates, visit our live blog Good evening....
...Even as global temperatures smash through record highs, the oil industry is claiming the world can’t afford the rapid transition from fossil fuels to cleaner energy....
...And that upside for pay won’t be anywhere near as high typically for a European based executive.”...
...high inflation pushing up the cost of living”....
...Nine other high-risk pathogens have been identified as threats by the World Health Organization....
...Rich countries’ borrowing is set to hit a record high $15.8tn this year as they are forced to refinance debt at higher rates, the OECD said, putting a squeeze on many governments’ spending plans....
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