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(Reuters) – The Russell 2000 index monitoring small cap firms within the U.S. hit a file excessive on Monday, boosted by expectations of tax cuts below a second Donald Trump administration, together with the prospect of decrease borrowing prices. The…
(Reuters) -Lawmakers within the U.S. Home of Representatives have requested Treasury Secretary Janet Yellen to rethink ties with Hong Kong’s banking sector, saying town has grow to be a high location for cash laundering and sanctions evasion. Hong Kong has…
By David Lawder, David Morgan WASHINGTON (Reuters) -Donald Trump’s Republicans are promising to hit the fuel subsequent yr after they assume full management of the U.S. Congress, with little to cease them from executing the president-elect’s guarantees to slash taxes…
By Marie Mannes, Alessandro Parodi, Stine Jacobsen STOCKHOLM/GDANSK (Reuters) -Northvolt’s monetary collapse offers a blow to Europe’s plan to arrange its personal battery business to energy electrical vehicles, stirring a debate about whether or not it must do extra to…
(Reuters) -The New York Legal professional Common’s workplace fined automobile insurance coverage firm Geico $9.75 million on Monday for hacks that obtained private data on 116,000 drivers within the state. The legal professional normal and state Division of Monetary Companies…
By Alistair Smout and David Milliken LONDON (Reuters) -British finance minister Rachel Reeves on Monday stated she would by no means must repeat the tax hikes of her first funds, an try and reassure companies that have been caught off-guard…
PARIS/LONDON (Reuters) -The European Central Financial institution mustn’t maintain its financial coverage tight for too lengthy or inflation might fall beneath goal, ECB chief economist Philip Lane, mentioned on Monday, whereas praising the financial institution’s gradual method to reducing charges.…
FRANKFURT (Reuters) – Germany is caught in a interval of economic weak spot nonetheless central monetary establishment charges of curiosity need to come again down solely steadily to confirm inflationary pressures are completely extinguished, Bundesbank President Joachim Nagel said on…
Investing.com — Analysts say Bharatiya Janata Celebration’s decisive victory in elections in Maharashtra, a key Indian state would enhance political stability and will likely be a optimistic sentiment for the market. The win additionally highlights the rising pattern of populist schemes…
(Reuters) – Automotive information agency S&P International Mobility mentioned on Monday it expects U.S. mild car gross sales to be up 6% in November from a yr in the past. Mild car gross sales within the U.S. for the month…
