London News
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Updated 45 minutes ago
Treasury two-year yields reached a seven-month high before U.S. data economists forecast will show retail sales increased by the most in five months, reducing the case for further easing by the central bank.
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Updated 15 minutes ago
Oil rebounded from the lowest price in almost a week as investors bet that fuel demand may increase amid signs the U.S. and Chinese economies are strengthening.
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Updated 19 minutes ago
France’s inflation rate fell for a second month in February as a slowing economy outweighed the impact of higher energy prices.
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Updated 9 minutes ago
Singapore is Asia’s most competitive city in attracting businesses, efficiency and promoting a clean environment, according to an Economist Intelligence Unit report commissioned by Citigroup Inc.
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Updated 17 minutes ago
Victor Vekselberg resigned as chairman of United Co. Rusal, the world’s largest aluminum producer, saying the company controlled by billionaire Oleg Deripaska is facing a “deep crisis.”
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Updated 3 hours, 16 minutes ago
UBS AG and Deutsche Bank AG said they don’t owe taxes over a 2003 compensation plan U.K. authorities argue was designed to avoid millions of pounds in taxes and national insurance contributions on employee bonuses.
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Updated 3 hours, 16 minutes ago
Paul Clement is poised to make a deeper imprint on American law this year than anyone without the title “justice,” Bloomberg News’ Greg Stohr reports.
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Updated 26 minutes ago
JPMorgan Chase & Co. is proving that banks aren’t destined to be also-rans in the $12 trillion mutual fund business.
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Updated 3 hours, 14 minutes ago
India’s government for the first time will allow a generic-drug maker to produce and sell cheaper copies of a patented cancer medicine, a decision that pressures brand-name manufacturers to lower prices.
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Updated 14 minutes ago
Copper rose as stockpiles monitored by the London Metal Exchange fell to the lowest in more than two years and as other commodities including oil gained before data forecast to show improving U.S. retail sales.
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