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Novartis buys Regulus Therapeutics, deal expected to hit $1.7 bln 05/02/2025

Qatari sheikh's family office to invest $8.8bn to create financial hub in Maldives 05/06/2025

Pending home sales index in the U.S. in March hits maximum since 2023 05/02/2025

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Economics

Andy Haldane: Bank of England will raise the rates carefully

The Bank of England will have to raise interest rates again to fight inflation. However, the regulator is not going to act aggressively, the chief economist of the central bank said. Andy Haldane referred to the statement of the Bank of England after the policy meeting, according to which interest...

A Piece Of Good News Was The Case Of The Most Recent Sell Off In The U.S. Market

It was last Friday morning that the wheels started coming off the stock markets. It was at that time that reports of an increase in the average hourly earnings for the month of January in the U.S. had exceeded the expectations was published by the Labor Department of the country. The reports...

Annual Growth For U.K. Factories Highest Since 2014 Even As Exports Register Significant Growth

The factory production in the U.K. touched its highest point since 2014 as figures for the same for the month of December was released recently. There was a rise of 0.3 per cent rise in the month of December in manufacturing compared to the figure in November, shows data released on Friday...

Rise In Hiring In U.S. With Annual Wage Growth Highest Since 2009

Wages and job growth in the U.S. grew in January to touch the highest annual growth point in over 8-1/2 years which led to enhanced expectations of higher inflations this year because of full employment in the labor market. The U.S. Labor Department said that after adding 160,000 jobs in...

The EU may restrict Britain's access to a single market

The European Union wants to be able to restrict access to the UK for a single market during the transitional period after Brexit, Reuters reports citing an official document. The EU believes that this will be a punishment for London, if it violates the already agreed rules. This option is...

China forces companies to reduce debt

Politicians and watchdogs in China are working together to get rid of the debt bomb. However, they do not resort to significant increases in interest rates, so as not to slow growth, writes Bloomberg. China's total debt, which accounted for 162% of GDP in 2008, reached 259% of GDP in 2016, a jump...

Bloomberg: EM stocks can shelter investors from the market turmoil

Stocks of emerging markets can be one of the most reliable shelters from the turmoil in the markets, writes Bloomberg. In 2018, the market returned to significant volatility. Stocks in developing countries are outperforming other asset classes - from US stocks to gold, bonds and commodities - in...

Reuters: China will report a steady growth in January

This week, China is expected to announce a steady growth in January amid mild inflation and growth in bank lending. However, the celebration of the lunar New Year will make it difficult to determine clear trends in the second world economy for at least another month, Reuters reports. Business...

The Assets Of ‘Global Institutional Pension Fund’ Reached Record High In 2017

Hong Kong’s market situations have made city to be the strongest performer in the growth list of pension assets. According to a study results, it was revealed that the assets of global “institutional pension fund”, present in twenty two “biggest markets” in the world, achieved a “record $41.3...

Lloyds Bank Will Not ‘Accept Credit Card Transactions’ For Cryptourrencies Purchase

The fear of running into deep loss has led Lloyd Bank to take step to forbid its customers to use credit cards for buying cryptocurrencies. On Sunday, 04 February 2018, the Lloyds Banking Group Plc revealed about its plans on putting a ban on “its credit card customers” to buy Bitcoin or any other...