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news-23102024-033541

UK Labour Party Accused by Donald Trump of Interfering in White House Race

The UK Labour Party has come under fire from US President Donald Trump, who accused the party of interfering in the White House race. Trump claimed that the Labour Party was working behind the...
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IMF Upgrades UK Growth Forecast, Boosting Rachel Reeves

The International Monetary Fund (IMF) has upgraded its growth forecast for the United Kingdom, providing a boost for Rachel Reeves, the newly appointed Chancellor of the Exchequer. The IMF now predicts that the UK's...
news-22102024-202837

Key Factors to Monitor in Bank of Canada Interest Rate Announcement

The Bank of Canada is set to announce its interest rate decision and monetary policy report soon. Here are some key factors to watch for in the upcoming decision:Rate Cut: Many economists and financial...
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HSBC’s Cost-Cutting Plan Focuses on Senior Bankers

HSBC, one of the world's largest banks, has announced a new cost-cutting plan that will focus on reducing the number of senior bankers in the company. This move is part of HSBC's efforts to...
news-22102024-142624

Norway’s $1.8 Trillion Fund: 4.4% Return Trails Benchmark

Norway's sovereign wealth fund, valued at $1.8 trillion, reported a return of 4.4% in the third quarter, amounting to $76.4 billion. The fund, managed by Norges Bank Investment Management, saw gains in both stocks...
news-22102024-093116

HSBC CEO Georges Elhedery Announces Major Company Restructuring

HSBC CEO Georges Elhedery has announced a major restructuring within the company. The decision comes as part of the bank's efforts to streamline operations and improve efficiency in the face of changing market conditions.The...
news-22102024-032750

Balancing Act: Rachel Reeves and the Budget Challenge

Rachel Reeves, the Shadow Chancellor of the Exchequer, faces a challenging task as she navigates the intricacies of the budget. With the country facing economic uncertainty and pressing financial issues, Reeves must strike a...

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