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Eurozone Inflation Rises Ahead Of ECB Meeting

Eurozone Inflation Rises Ahead Of ECB Meeting

Eurozone headline and core inflation accelerated in May largely driven by higher services costs ahead of the European Central Bank's governing council meeting next week, when it is widely expected to cut interest rates. The harmonized index of consumer prices posted a faster-than-expected increase of 2.6 percent, following the 2.4 percent rise in April, flash data from Eurostat showed on Friday
RTTNews | 168 hari yang lalu
U.S. Consumer Prices Increase In Line With Estimates In April

U.S. Consumer Prices Increase In Line With Estimates In April

A highly anticipated report released by the Commerce Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of April, although core consumer prices edged up by slightly less than expected.
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UBS Group Closes Takeover Of Credit Suisse

UBS Group Closes Takeover Of Credit Suisse

UBS Group AG (UBS) announces Friday that it has completed the merger of UBS AG and Credit Suisse AG. The completion of the merger within the expected timeline was facilitated by the strong support from regulators across the globe.
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German Retail Sales Fall More Than Forecast, Price Expectations Rise

German Retail Sales Fall More Than Forecast, Price Expectations Rise

Retail sales in Germany declined more than expected in April, largely led by a slump in sales of food, while a survey showed that more companies plan to raise prices in the coming months. On a calendar and seasonally adjusted basis, retail sales slumped 1.2 percent from March, when they grew an upwardly revised 2.6 percent, preliminary data from the statistical office Destatis showed Friday. Econ
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Genesco Q1 Net Loss Widens; Reaffirms FY25 Outlook

Genesco Q1 Net Loss Widens; Reaffirms FY25 Outlook

Specialty retailer Genesco, Inc. (GCO) on Friday reported a net loss for the first quarter of $24.35 million or $2.23 per share, wider than $18.89 million or $1.60 per share in the prior-year quarter.
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UK Mortgage Approvals Drop Slightly

UK Mortgage Approvals Drop Slightly

UK mortgage approvals decreased marginally in April and households made record deposits in individual savings accounts or ISAs to take advantage of higher interest rates, data released by the Bank of England showed on Friday. The number of mortgage approvals dropped slightly to 61,100 from 61,300 in March. Approvals were forecast to rise to 61,500
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Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the European session on Friday.
RTTNews | 168 hari yang lalu

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