Sterling Falls as Investor Nerves Boost Dollar

LONDON, July 14 Reuters Sterling fell on Thursday as another bout of risk aversion sent investors snapping up dollars and selling currencies deemed riskier when the outlook is so uncertain. The pound fell 0.3 to 1.1856 , not far from the more than twoyear low of 1.1807 hit on Tuesday. Against the euro, where the […]
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FTSE 100 Slides on U.S. Inflation Scare, Weak Earnings

Barratt falls after missing home completion target Playtech tumbles after TTB Partners drops bidding plans FTSE 100 down 0.8, FTSE 250 off 0.1 July 14 Reuters UK39;s FTSE 100 fell on Thursday as investors worried about the prospect of a more aggressive stance by major central banks to curb inflation, with a slew of worrying […]
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Recession Worries Keep European Shares Pressured

Italy39;s MIB index drops 2.2 on political worries Hugo Boss results drive gains in some luxury stocks TSMC results lift chipmakers July 14 Reuters European shares fell on Thursday, as rising bets of more aggressive rate hikes by the Federal Reserve fed into recession fears, while Italy39;s main index tumbled 2.2 as the country39;s government […]
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Indias June WPI Inflation Stays above 15 in June

June WPI fuel inflation up 40.38 yy vs 40.62 in May June WPI food inflation up 12.41 yy vs 10.89 in May Near 7 rupee depreciation against dollar makes imports costlier Economists see central bank raising key rate in August NEW DELHI, July 14 Reuters India39;s annual wholesale pricebased inflation kept above 15 in June, […]
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EDF Shares Suspended as France Prepares Nationalisation Plan

French government aiming to fully nationalise EDF State already holds an 84 stake in the group Utility grappling with outages and tariff caps PARIS, July 13 Reuters Shares in debtladen EDF were suspended on Wednesday as the French government prepares to detail its plans to fully nationalise Europe39;s biggest nuclear power operator. France said last week […]
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Twitter Sues Elon Musk to Hold him to 44 Billion Deal

WILMINGTON, Del., July 12 Reuters Twitter Inc sued Elon Musk on Tuesday for violating his 44 billion deal to buy the social media platform and asked a Delaware court to order the world39;s richest person to complete the merger at the agreed 54.20 per Twitter share. Musk apparently believes that he unlike every other party subject […]
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