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HapagLloyd, Maersk Sign LongTerm Collaboration Deal

FRANKFURT, Jan 17 Reuters HapagLloyd and Maersk have signed an agreement for a new longterm collaboration starting February 2025 with a combined capacity of 3.4 million containers TEU, the two shipping companies said on Wednesday. As a part of the agreement, called Gemini Cooperation, the two companies have set the ambitious target of delivering schedule […]
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ECBs Knot Pushes Back on Rate Cut Bets

Jan 17 Reuters Investor bets for European Central Bank rate cuts are excessive and possibly self defeating because they could actually hold back monetary easing, Dutch central bank chief Klaas Knot told CNBC on Wednesday. Markets are betting on 140 basis points of rate cuts from the ECB this year a drop from 150 basis […]
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U.K. Claimant Count up, Fall in Vacancies, Canadas Inflation Higher, M. Empire State Index Plunged, Bitcoin not Moving Expecting Shock Soon

Previous Trading Days Events 16 Jan 2024 Canadas inflation moves higher as expected in December. Annual inflation rose to 3.4 in December from 3.1 in November, Statistics Canada said. The Bank of Canadas BoCs core measures of underlying inflation, CPItrim and CPImedian, accelerated, with the threemonth annualised rate of the two rising to 3.6 from […]
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FTSE 100 Extends Slide; Inflation Climbs, China Data Weighs

UK inflation rate rises to 4 in December Antofagasta slides as outlook disappoints 888 Holdings slumps as forecast falls below est FTSE 100 down 1.3, FTSE 250 off 1.6 Jan 17 Reuters The UK39;s FTSE 100 extended its earlyweek selloff on Wednesday after a strongerthanexpected inflation reading tempered expectations around sharp interest rate cuts this […]
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Europe Shares Slump on ECB Remarks, Disappointing China Data

Telecom Italia gains after govt okays landline grid sale Euro zone final consumer prices due at 1000 GMT Real estate, miners lead declines STOXX down 1.4 Jan 17 Reuters European shares extended losses on Wednesday as more hawkish remarks from European Central Bank ECB officials tempered interest rate cut expectations, while glum economic data from […]
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