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Germany to Invest 12B Euros by 2030 to Strengthen Startups

BERLIN, Sept 17 Reuters Germany will invest around 12 billion euros 13.35 billion to strengthen the venture capital environment for startups, according to a declaration signed on Tuesday at the Startup Germany Summit. The declaration, signed by the government, business associations, the KfW state bank and actors from the startup environment, includes measures to improve […]
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Sterling Holds Gains on Eve of UK Data, US Rate Decision

LONDON, Sept 17 Reuters The British pound held firm against the dollar on Tuesday, maintaining Monday39;s gains, as traders geared up for UK inflation data, a Bank of England meeting and an expected start to a U.S. easing cycle this week. Sterling hovered slightly in positive territory on the day at 1.3224, having risen 0.7 […]
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C Dips as Inflation Data Fuels BoC Upsized Rate Cut Talk

Canadian dollar weakens 0.1 against the greenback Trades in a range of 1.3581 to 1.3616 Canada39;s annual inflation rate slows to 2 Bond yields rise across the curve TORONTO, Sept 17 Reuters The Canadian dollar edged lower against its U.S. counterpart on Tuesday as domestic inflation data suggested to some investors that the Bank of […]
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European Shares at 2wk High in LeadUp to Fed Rate Decision

Kingfisher jumps after raising bottomend of profit forecast Barry Callebaut rises after Barclays sweetens ratings STOXX 600 up 0.5 Sept 17 Reuters European stocks hit a twoweek high on Tuesday, supported by financials, as markets drew closer to an expected start to the U.S. Federal Reserve39;s monetary easing cycle that could see policymakers deliver an […]
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Boeing Freezes Hiring and Weighs Furloughs

Boeing union workers rejected labor deal last week Negotiations due to restart Tuesday, union says Union members angry about decade of wage stagnation Boeing battling jet production, debt crises SEATTLE, Reuters Boeing is freezing hiring and weighing temporary furloughs to cut costs as a strike by more than 30,000 workers entered its fourth day on Monday. The planemaker […]
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