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By Geoffrey Smith Investing.com -- The Bank of England raised its key interest by 50 basis points to a new 14-year high of 3.50%, its latest shot at trying to tame rampant inflation without pushing...
By Geoffrey Smith Investing.com -- Global markets are struggling to accept the Federal Reserve's warning that it will raise interest rates above 5% next year. The dollar is nonetheless higher and...
By Alessandro Albano Investing.com - Since its mid-September peak, the U.S. dollar has experienced a phase of depreciation due to easing inflation that could lead to a slowdown in the Federal...
By Yasin Ebrahim Investing.com – The pound has racked up double-digit gains against the dollar since its trouncing in September, but it could struggle to take its momentum into 2023 as the Bank of...
By Scott Kanowsky Investing.com -- easyJet PLC (LON:EZJ) has posted a full-year loss and scrapped its 2022 dividend, as the U.K. low-cost airline was hit by surging fuel costs that outweighed a...
By Geoffrey Smith Investing.com -- Halfords (LON:HFD) warned that its full-year underlying profit will be at the lower end of its forecasts, as high inflation and the economic slowdown hit sales at...
By Geoffrey Smith Investing.com -- The U.K. government announced a £55 billion (£1 = $1.1845) package of tax increases and spending cuts on Thursday, in an effort to fill a yawning gap in public...
By Peter Nurse Investing.com - European stock markets edged higher Tuesday, boosted by some positive inflation data, although Vodafone (LON:VOD) slumped on a disappointing update. At 03:50 ET...
By Geoffrey Smith Investing.com -- Shares in BAE Systems (LON:BAES), the U.K.'s largest defense contractor, rose 2.5% at the open on Tuesday in London as the company reported another strong quarter of...
By Geoffrey Smith Investing.com -- The U.K. economy shrank for the first time in six quarters in the three months through September, as Europe's energy crisis drove inflation to its highest in 40...
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