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...Additional reporting by James Politi in Washington...
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...The eurozone, in contrast, has stagnated after its GDP rose only 0.5 per cent last year, fuelling calls to boost economic activity with a looser monetary policy....
...What would be more damaging, he cautioned, was if inflation rose again enough to compel the Fed to raise rates....
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...British transport group Mobico said chief financial officer James Stamp would stand down in June after accounting issues affecting the group’s German rail business caused it to delay the publication of its...
...Founder Sir James Dyson said Krueger’s leadership during the pandemic “took the company through one of the most difficult times of recent memory”....
...Morgan Stanley’s profits rose 14 per cent in the first quarter, boosted by its investment banking and trading business, while its juggernaut wealth management division took on billions of dollars more in...
...Additional reporting by Mehul Srivastava, Felicia Schwartz, Rob Rose and Mai Khaled...
...Microsoft’s cloud revenues also rose 20 per cent to $25.9bn in the final quarter of 2023, while Alphabet’s Google Cloud services business reported revenue of $9.2bn, a 26 per cent rise from the same period...
...Shares in Walmart rose 3.2 per cent to close at a record, while those in Vizio gained 16.2 per cent. Home Depot edged up 0.1 per cent....
...Need to know: UK and Europe economy UK house prices rose more than expected in February, posting their first annual increase in more than a year, according to mortgage lender Nationwide....
...Meanwhile, the UK announced on Monday that it was imposing sanctions on four Israeli settlers who it said had attacked Palestinians in the West Bank, where violence against Palestinians rose in the two months...
...Separate data released on Thursday showed consumer prices rose at an annual rate of 1.7 per cent in the fourth quarter, down from 2.6 per cent three months earlier....
...executive Ted Pick argued dealmaking was an “existential reality” for companies that would help usher in Wall Street’s long-awaited recovery in investment banking, as first-quarter profits at the bank rose...
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