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Cows to feast on French wheat as rains threaten crop quality

  Bloomberg European cows may soon be feasting on more French wheat as downpours threaten to reduce the quality of the grain used to make bread. The deluge that recently hit crops in the European Union’s biggest producer has the potential to reduce the grain quality, adding to global supplies of wheat used to feed animals, said Peter McMeekin, an ...

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EU readies to avoid chaos

  Bloomberg German Finance Minister Wolfgang Schaeuble said European Union policy makers have safeguards in place to avoid “chaotic developments” should Britons vote to leave the bloc. “Ultimately you have to wait for Britons to decide and then you have to respect the decision,” Schaeuble told reporters after a speech at the Institute for the World Economy in Kiel, Germany. ...

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Bank of England plans to launch financial technology accelerator

  Bloomberg Bank of England Governor Mark Carney said that it plans to launch a financial technology accelerator programme to tap the expertise of startups as a flurry of innovations reshapes finance. This may be the first time a central bank has employed this approach to research and development, a practice long used in Silicon Valley as a way to ...

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