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US-listed crypto stocks jump after bumper rate cut from Fed

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By Niket Nishant(Reuters) - U.S.-listed crypto shares jumped before the open on Thursday after a half-percentage point interest rate cut sparked a flight into...
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Bank of Canada: consensus decisions don’t mean all members agree on path for rates

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OTTAWA, Sept 19 (Reuters) - Even though the Bank of Canada takes rate decisions on a consensus basis, this does not mean governing council...
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Explainer-ECB’s role in any UniCredit and Commerzbank combination

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FRANKFURT (Reuters) - UniCredit, Italy's second-largest bank, has taken a 9% stake in Germany's Commerzbank and is seeking permission to potentially raise this to...
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Intel says it has no plans to divest majority stake in Mobileye

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(Reuters) -Struggling chipmaker Intel said on Thursday it had no plans to divest a majority stake in Mobileye, sparking an 8% rise in the...
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Israel-Hamas war latest: Israel turns its focus north toward Lebanon and Hezbollah

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Israel’s defense minister has declared the start of a “new phase” of the war as Israel turns its focus toward the northern front against...
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US bank stocks rise as jumbo rate cut eases default risk, cost concerns

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(Reuters) - U.S. bank stocks rose in premarket trading on Thursday, a day after the Federal Reserve cut interest rates by 50 basis points,...
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Canada may reach 2030 emissions goal without unpopular carbon tax

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By Nia Williams(Reuters) - Canada could meet its 2030 emissions target without a carbon tax on consumers, some analysts say, as the Liberal government...
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Faulty component could have caused “extensive damage” to Cathay Pacific jet, report finds

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HONG KONG (AP) — Hong Kong’s air safety authority said Thursday that a defect in an engine component of a Cathay Pacific Airways Airbus...
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Analysis-Big Fed cut puts an ECB move next month on traders’ radar

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By Balazs Koranyi and Francesco CanepaFRANKFURT (Reuters) - A big interest rate cut from the U.S. Federal Reserve on Wednesday raised bets on further...
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Sri Lanka’s presidential election a test for current leader, 2 years after its economy hit bottom

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COLOMBO, Sri Lanka (AP) — Two years ago, food cart worker Fathima Shiyama had to wait in line, sometimes for days, to get cooking...
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New iPhone 16 unveiled in Russia as retailers skirt Apple’s export ban

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MOSCOW (Reuters) - Russian retailers have launched pre-sales of Apple's latest iPhone, circumventing the company's export ban to Russia and giving consumers the chance...
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Global Funds Cool on China Bank Debt With Inflows Shrinking

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(Bloomberg) -- Global funds’ purchases of Chinese bank notes suddenly slowed in August as a strengthening yuan and a likely pullback in currency intervention...
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