Yen Jumps as BOJ Hikes Rates, Dollar Dips before Fed

NEW YORK, July 31 Reuters The Japanese yen hit a fourmonth high against the dollar on Wednesday after the Bank of Japan raised rates to the highest since 2008 and indicated that more hikes may follow, while the dollar was broadly weaker before the Federal Reserves meeting statement. The BOJ raised the overnight call rate […]
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European Shares Move 1 Higher on ASML, Earnings Boost

ASML jumps on report of being exempted from new US trade rule Euro zone inflation data due at 0900 GMT Airbus advances 4 after quarterly results July 31 Reuters European shares climbed 1 on Wednesday, driven by a raft of corporate updates, while heavyweight ASML led overall gains on report that the Dutch chip equipment […]
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Starbucks Efficiency Gains Bolster Profit as China, US Drag Sales

Reuters Starbucks39; store operation improvements helped the coffee chain meet Wall Street expectations for quarterly profit, even as its global sales declined on persistent weakness in consumer spending in its top markets of U.S. and China. The company39;s shares, down 22 this year, were up 5 in extended trading after executives reaffirmed its annual forecasts. Starbucks […]
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Airbus Quarterly Profit Falls on Industrial Costs and Space Charge

PARIS, July 30 Reuters Europe39;s Airbus unveiled sharply lower secondquarter profits on Tuesday as the cost of investing in higher jetliner production, coupled with largely preannounced charges in its Space Systems business, outweighed higher revenue. The world39;s largest planemaker said adjusted operating profit fell by more than half to 814 million euros 879.7 million in the […]
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