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...During the first quarter, UBS trimmed expenses by 5.5 per cent. It generated an additional $1bn in cost savings, having eliminated $5bn last year....
...Sterling slid 0.3 per cent against the dollar to $1.2462 as the Bank of England held rates at a 16-year high of 5.25 per cent but signalled it was closer to easing policy....
...And full-year GDP growth of 1.5 per cent was triple that of the eurozone....
...The BoE is expected to keep interest rates steady at a 16-year high of 5.25 per cent, though traders will be on the lookout for signs from the bank of a possible cut next month....
...Coinsbee, based in Germany, says in its FAQ that it applies no KYC checks below €1,000 per transaction up to a total value of €10,000....
...The change in expectations has come as US headline inflation rose to a higher than expected 3.5 per cent in March from 3.1 per cent in January....
...The Bank of England signalled it would cut rates this summer if inflation stays low, even as it kept borrowing costs at a 16-year high of 5.25 per cent....
...The Bank of England is expected to keep interest rates steady at a 16-year high of 5.25 per cent on Thursday but traders will be on the lookout for signs of a possible cut next month....
...Before the financial crisis, every 0.5 percentage point increase in global GDP growth produced a 1 percentage point increase in goods trade volume....
...The Russian central bank raised its key interest rate for the fifth time in a row on Friday to 16 per cent, an increase of 1 percentage point from its last decision in October, amid growing concerns about...
...fees for its ChiNext 50 ETF to 0.15 per cent from 0.5 per cent in January....
...Shares in US-based discount retailer Dollar Tree fell 8.5 per cent in pre-market trading after it took $2bn in impairments on the value of its subsidiary Family Dollar and said it would close 1,000 stores...
...cent after it announced the sale of its equipment financing arm to BPCE for €1.1bn....
...Consumption peaked in 2015 at 1.84mn tonnes as Greek yoghurt exploded in popularity. That figure fell to about 1.75mn tonnes last year. Yoghurt fatigue is one problem. The market has too many choices....
...intended to strengthen the rupiah in response to “worsening global risks” and represented a “pre-emptive and forward looking” step to ensure inflation remains within the central bank’s target range of 1.5...
...Consumer prices rose 3.6 per cent year on year in the March quarter, official data showed, down from 4.1 per cent in the previous quarter but higher than the 3.5 per cent forecast by Reuters....
...Revenue is expected to have declined 9.5 per cent to $16.2bn in the three months ending March. The company is expected to report a loss of $1.21 a share, compared with a loss of 69 cents a year ago....
...The Bank of England has held UK interest rates at 5.25 per cent and signalled it is edging closer to cutting borrowing costs, weakening sterling and boosting stocks....
...Construction has been hit by the rise in UK interest rates from a record low in 2021 to the current 16-year high of 5.25 per cent, dampening housing demand....
...Revpar rose by 2.6 per cent in the period, compared with 7.6 per cent in the final quarter of last year and 16.1 per cent for the full year....
...UK growth will pick up to 1.5 per cent in 2025, according to the IMF, but that is also 0.1 percentage point weaker than the fund’s January outlook....
...Underlying operating margins went from 5.1 per cent to 10.3 per cent and it generated record free cash flow of £1.3bn....
...The Guaíba river, which runs by the city, has reached a record high of 5.3 metres. The previous record was 4.76 metres in 1941....
...The average house price fell 1 per cent month on month in March, down to £288,430 from February, when UK house prices hit a 16-month high of £291,338....
...Former UN ambassador Nikki Haley had 16.5 per cent of the vote. Biden had almost 95 per cent of the Democratic vote, while 5 per cent had voted “uncommitted”, with 1 per cent of ballots tallied....
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