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By John Revill BERN (Reuters) – The Swiss National Bank cut its interest rate by 50 basis points on Thursday, the biggest cut in nearly 10 years, as it sought to stay ahead of expected cuts by other central banks…
Author: Lisa Barrington SEOUL (Reuters) – South Korea will support smaller airlines and monitor market competition after dominant carrier Korean Air completed a $1.3 billion purchase of Asiana Airlines on Thursday to create one of Asia’s biggest carriers. Korean Air…
(Reuters) – European shares rose on Thursday as investors braced for an interest rate cut from the European Central Bank and awaited hints on policy moves next year as the euro zone economy grapples with slowing growth and heightened political…
TOKYO, December 12, 2024 – (JCN News) – – Mitsubishi Heavy Industries, Ltd. (TIO:) (MHI) and Mitsubishi Logisnekt Co., Ltd., part of the MHI Group, announce that their automated order picking solution that uses the “Sigma Sink” solution concept (Sigma…
LONDON – United PLC (Target: UOG), an oil and gas player with assets in Jamaica and the UK, has successfully completed an oversubscribed offering, raising gross proceeds of £0.7m. The fundraising included the issuance of 700,000,000 new ordinary shares, which…
Authors Balaž Koranji and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank is all but certain to cut interest rates again on Thursday and hint at further easing in 2025 as euro zone inflation is almost back on target…
Investing.com– Australia’s November employment data released on Friday, with stronger-than-expected job growth and a drop in unemployment, should be viewed in the context of broader multi-month trends rather than signs of a renewed tightening of market conditions. “We saw something…
(Reuters) – Australia’s corporate watchdog said on Thursday the country’s federal court had ordered local crypto exchange operator Kraken to pay a fine of A$8 million ($5.1 million) for illegally issuing loans to more than 1,100 customers. The Australian Securities…
Maayan Lubell and Nidal al-Mughrabi JERUSALEM/CAIRO (Reuters) – Israelis and Palestinians are signaling renewed efforts to reach a ceasefire agreement, even a limited one, for the first time in a year that would halt fighting in Gaza and return to…
By Valentina Za and Giuseppe Fonte MILAN (Reuters) – UniCredit Chief Executive Andrea Orcel has been drawing up plans to take over Banco BPM for years and was almost ready to pull the trigger, two sources close to the matter…
