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...FTX’s global trading business was incorporated in Antigua and Barbuda, and the firm rather famously had its headquarters in Bahamas....
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...Even as medical service providers quickly shifted from teleconsultation back to their bricks-and-mortar business model, post-pandemic, some incorporated new changes....
...In the UK it’s been a whopping 1 percentage point....
...CVC — which manages about €186bn in assets and this week confirmed plans to raise €1.25bn in an initial public offering on the Amsterdam stock exchange — has previously been active in the professional services...
...Analysts had expected a decline to 4.1 per cent. Services inflation, which is closely watched by policymakers, dipped from 6.1 per cent to 6 per cent....
...The rise in business activity was exclusively driven by the services sector, with the index increasing to an 11-month high of 54.9 in April, from 53.1 in the previous month....
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...When Street secured re-election in 2021 of the region that has a population of nearly 3mn, he increased his majority over Labour from 1 to 9 percentage points....
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...Official figures last week showed that while headline inflation retreated somewhat in March, annual growth in the price of services slowed less than expected, from 6.1 per cent to 6 per cent....
...Sterling fell slightly following Ramsden’s speech, trading 0.4 per cent lower against the US dollar at $1.239....
...The industry had been to an extent a “victim of its own success” he said, with about 1.6GW coming online last year....
...But it feels a bit flawed to base rate reconsiderations — pricing from 3 cuts to 1 or no cuts — on a series of missed inflation forecasts that few had confidence in anyway....
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...The owner of the UK’s Royal Mail postal service rejected a takeover approach by Czech billionaire Daniel Křetínský....
...In Europe, the competition authorities have fined the company €1.8bn for suppressing competition from rival music streaming services on its platform....
...Energy prices fell 1.8 per cent, a slower decline than the 3.7 per cent fall in February. Goods prices rose 1.1 per cent, the slowest pace since 2021....
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...Basically, the BIS points out that services inflation has historically been structurally higher than goods inflation, running at about 1 percentage points above core goods inflation in the two decades leading...
...Separate figures published on Thursday showed that the final UK S&P services purchasing managers’ index, a measure of the health of the services sector, was 53.1 in March....
...A nimble Bank of Japan Earlier today, the Bank of Japan ended negative interest rates and raised its policy rate from -0.1 per cent to a range of zero to 0.1 per cent....
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