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Barclays CEO Defends Rachel Reeves Amid Business Criticism of Budget Tax Hikes

Barclays CEO Jes Staley recently came to the defense of Rachel Reeves, the UK's shadow chancellor, in the face of criticism from business leaders regarding proposed tax hikes in the government's budget. Staley praised...
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Brookfield Moves Head Office to New York for Index Qualification

Brookfield Asset Management has made a strategic move by relocating its head office from Toronto to New York. The purpose of this shift is to qualify for more US stock indexes and attract a...
news-31102024-234512

UK Borrowing Costs Surge as Gilt Sell-Off Intensifies

UK Borrowing Costs Surge as Gilt Sell-Off IntensifiesThe UK is currently experiencing a surge in borrowing costs as the sell-off of government bonds, known as gilts, intensifies. This increase in borrowing costs could have...
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Tether Reports $2.5 Billion Profit in Q3: Stablecoin Issuer Update

Tether, the company behind the largest stablecoin, reported a significant profit of $2.5 billion in the third quarter. This profit was mainly driven by gains from its holdings of US Treasuries and gold. The...
news-31102024-131011

UK Gilt Yields Increase as Investors Analyze Budget Borrowing Plans

UK government bond yields, also known as UK Gilt Yields, have experienced an increase as investors closely analyze the country's budget borrowing plans. This surge in yields indicates a greater level of caution and...
news-31102024-070844

Target: The main target and focus of the article is the UK government’s crackdown...

The UK government is cracking down on wealthy individuals through raids on non-doms, private equity, and estates. This move is part of a broader effort to ensure that everyone pays their fair share of...
news-31102024-070804

China’s Pressure on Taiwan: Insights from Pacific Island Leader

China's Pressure on Taiwan: Insights from Pacific Island LeaderThe president of Palau, one of Taiwan's few remaining diplomatic allies in the Pacific, has spoken out about the mounting pressure from China to sever ties...

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