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ECONOMY

Federal Reserve set to raise baseline rate

The Federal Reserve is expected to raise its baseline interest rate later today. This comes as both inflation and job creation are on the rise...

Theresa May agrees to meet Peugeot boss to discuss General Motors proposal

The UK's Prime Minister is set to meet the chief executive of the PSA Group to discuss Peugeot's proposals to buy General Motors' European...

Trump good for US economy in short term, says IMF chief

Donald Trump is likely to be good for the American economy in the short term, according to the head of the International Monetary Fund. Christine...

Pound ‘under some selling pressure’ following Brexit ruling

The pound fell on Tuesday morning following a decision by Britain's Supreme Court ruling the British Government is not required to consult the devolved...

HSBC set to move 1,000 jobs from London to Paris over UK’s departure from single market

The boss of HSBC has said the bank is on course to move 1,000 jobs from its London business to Paris after British Prime...

Sterling soars but FTSE stumbles after Theresa May’s Brexit speech

The pound soared nearly 3% while £27 billion was wiped off the FTSE 100, after British Prime Minister Theresa May used a major speech...

Pound soars as Theresa May outlines Brexit vision

The pound has soared as British Prime Minister Theresa May outlined her vision for how Britain should divorce from the European Union. Sterling rose almost...

Pound slumps to three-month low against dollar after ‘hard Brexit’ reports

The pound slumped to its lowest point for more than three months after reports that Theresa May is heading for a "hard Brexit". Before making...

Moody’s agrees to pay US $864m over low-risk ratings leading up to financial crisis

The world's second-largest credit ratings agency has agreed to pay nearly $864m to settle US government and state claims that it gave inflated assessments...

Banks struggle amid State bailout fears for Italian lender BMPS

European banks struggled to make gains on Thursday as investors digested the prospect of a state bailout for struggling Italian lender Banca Monte dei...

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