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Finance Digest
1h ago
BIRMINGHAM, England (Reuters) -Manchester United ground out a 0-0 draw at Aston Villa on Sunday with the club suffering their worst start to a season in the Premier League era and speculation rife about the future of under-fire manager Erik ten Hag. The draw sends Unai Emery’s men into the international break in fifth ..read more
Finance Digest
1h ago
LONDON (Reuters) – Britain’s jobs market showed more signs of cooling in September as pay growth increased at the slowest pace in almost four years, according to a survey likely to reassure the Bank of England as it considers whether to cut borrowing costs again. The Recruitment and Employment Confederation and KPMG said on ..read more
Finance Digest
1h ago
FRANKFURT (Reuters) – The European Central Bank will probably cut interest rates on Oct 17 as economic growth is weak and this raises the risk that inflation will undershoot its 2% target, French Central Bank Chief Francois Villeroy de Galhau told an Italian newspaper. The ECB cut rates from record highs twice already this ..read more
Finance Digest
3d ago
A groundbreaking new tool, Boshhh.io, designed to revolutionise affordability and risk assessment reporting within the financial services and legal sectors has been launched by Boshhh. This innovative platform is set to provide organisations with detailed, accurate reports that significantly reduce processing costs while enhancing the reliability of consumer credit assessments. Launched by the team who ..read more
Finance Digest
3d ago
By Ankur Banerjee and Medha Singh SINGAPORE/LODNON (Reuters) – The dollar hovered near a six-week high on Friday ahead of crucial jobs data that could dictate the path of U.S. interest rates, while the yen jumped, capping a turbulent week hit by uncertainty over Japan’s monetary policy outlook. The dollar was also boosted by ..read more
Finance Digest
3d ago
SAO PAULO (Reuters) – Germany’s Bayer forecasts that some 30% of Brazil’s soybean area will be sowed with its genetically modified biotech seed Intacta2 Xtend in the 2024/25 season, doubling the share from the previous crop, a top executive said this week. The exact share Intacta2 Xtend will reach should be clear only in ..read more
Finance Digest
3d ago
(Reuters) – England’s National Health Services will offer Eli Lilly’s weight-loss drug to nearly a quarter million people as part of a three-year plan, the country’s drugs cost regulator said on Thursday. The drug, called Mounjaro in the UK and Zepbound in the U.S., would be initially offered to obese people with at least ..read more
Finance Digest
3d ago
MILAN (Reuters) – Telecom Italia (TIM) will hold a board meeting on Friday over a 700 million euro ($772 million) non-binding bid the telecoms group has received for its Sparkle subsea cable unit, two sources told Reuters on Thursday. On Wednesday, Italy’s Treasury and Spanish fund Asterion submitted a joint bid for Sparkle. The ..read more
Finance Digest
3d ago
By Andreas Rinke FRANKFURT (Reuters) -Germany on Friday will vote against the introduction of European Union tariffs on Chinese electric vehicles, people with knowledge of the matter told Reuters on Thursday. Germany abstained in a first non-binding vote in July on the European Commission’s proposal to impose the tariffs, but since then industry has ..read more
Finance Digest
3d ago
MADRID (Reuters) – The CEO of Spain’s Sabadell, Cesar Gonzalez-Bueno, on Thursday said the bank could earn more than 1.6 billion euros ($1.76 billion) in net profit in 2024 if it manages to perform as well in the second half of the year as it did in the first. Sabadell is trying to fend ..read more