Dollar Cedes Ground to Yen ahead of Fed Decision

London, Sept 18 Reuters The dollar surrendered some of its overnight gains against the yen on Wednesday, as investors tweaked their positions ahead of a policy meeting expected to initiate a U.S. easing cycle. The Federal Reserve is expected to make its first interest rate cut in more than four years at 1800 GMT, with markets pricing […]
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London Stocks Pull Back on Inflation Data, All Focus on Fed

FTSE 100 down 0.2 UK August CPI at 2.2 Reckitt Benckiser up after report of homecare asset sale discussions Sept 18 Reuters British stock indexes retreated on Wednesday, following a broadly in line inflation report and as investors awaited a highly anticipated yet uncertain Federal Reserve policy decision later in the day. At 0707 GMT, […]
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Carmat Launches new Capital Increase for 10.3 Million Euros

Sept 18 Reuters Artificial heart maker Carmat on Wednesday announced the launch of a new capital increase for an initial amount of 10.3 million euros 11.5 million, citing shortterm working capital needs. The French group, which has launched a series of capital increases since September 2023, after flagging supply chain issues that threatened its survival, said the […]
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Spain Allows BlackRock to Take 20 Stake in Naturgy, Cinco Dias Reports

MADRID, Sept 18 Reuters The Spanish government has authorised BlackRock to take the 20 stake in power utility Naturgy it bought when taking over investment fund GIP in January, the Cinco Dias newspaper reported on Wednesday, citing sources at the Economy Ministry. Foreign companies must secure government approval when buying large stakes in listed Spanish companies deemed strategic. […]
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Oil Sets to Snap 2Day Winning Streak ahead of Fed Decision

TOKYO, Sept 18 Reuters Oil prices fell on Wednesday after two sessions of gains, as weak macroeconomic data weighed on demand, offsetting the possible disruption of violence in the Middle East and the potentially bullish impact of an expected U.S. rates cut. Brent crude futures for November were down 49 cents, or 0.7, at 73.21 […]
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