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Bloomberg German retail sales plummeted in June as consumers cut spending on non-essential goods …
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China banks may face $350b in losses from property crisis
Bloomberg China’s banks face mortgage losses of $350 billion in a worst-case scenario as …
Read More »Bank of England set for biggest interest rate rise in 27 years
Bloomberg The Bank of England (BOE) this week is expected to push through the biggest …
Read More »EU banks get $3.8 billion boost from end of negative rates era
Bloomberg Banks’ core business of lending has finally turned more profitable again, as the …
Read More »HSBC makes cost of living payment to UK employees
Bloomberg HSBC Holdings’s UK arm is the latest bank to help staff cope with …
Read More »Indonesia keeps dovish tone on steady core CPI
Bloomberg Indonesia’s central bank continued to build the case to keep its policy rate …
Read More »Credit card spending soars as US consumers battle inflation
Bloomberg Mastercard Inc. said spending on its network jumped 18% as US consumers battle once-in-a-generation …
Read More »Stocks decline as US-China tension stirs haven demand
Bloomberg Stocks and US equity futures slid on Tuesday amid escalating US-China tension over Taiwan …
Read More »Goldman Sachs warns against being ‘too early’ in fading recession risk
Bloomberg Investors may be getting overconfident in betting the Federal Reserve may cut interest rates …
Read More »Lufthansa faces more turmoil as pilots back possible strikes
Bloomberg Deutsche Lufthansa AG may face further disruption after its pilots voted for strikes if …
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