MADRID (Reuters) – The Spanish government intends to lower the budget deficit to the equivalent to 3% of gross domestic product in 2024 from 3.9% projected for this year, Budget Minister Maria J[...]
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April 27, 2023
EU sentiment flat as services optimism offsets industry gloom
BRUSSELS (Reuters) – Euro zone economic sentiment was broadly unchanged overall in April, as a pick-up among consumers and retail and services sectors offset a more gloomy view among manufacture[...]
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Singapore’s surprise property tax hike a ‘freezing measure’ for foreigners
By Chen Lin and Xinghui Kok SINGAPORE (Reuters) – Vera Liu, a Singapore property agent, was panicking in the wee hours of Thursday morning after new property taxes saw two of her deals fall thro[...]
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Marketmind: Fresh spur from Meta and Europe’s banks
A look at the day ahead in U.S. and global markets from Mike Dolan The Big Tech earnings season is going some way to justifying the striking outperformance of its mega cap shares this year, with Meta[...]
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Italy business and consumer morale rise in April but manufacturers more downbeat
ROME, April 27 (Reuters) – Morale amongst Italian businesses and consumers rose in April, data showed on Thursday, but sentiment in the manufacturing sector was more downbeat as the outlook rema[...]
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House Republicans pass debt-ceiling hike, hoping to spur Biden to talks
By David Morgan and Richard Cowan WASHINGTON (Reuters) – The U.S. House of Representatives on Wednesday narrowly passed a bill to raise the government’s $31.4 trillion debt ceiling that in[...]
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European commercial real estate investment slumps to 11-year low in Q1 2023
By Elizabeth Howcroft LONDON (Reuters) -European commercial real estate investment fell to its lowest in 11 years in the first quarter of 2023, MSCI Real Assets said on Thursday, as investors spooked[...]
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Speed of US bank failures to play starring role in Fed, FDIC post-mortems
By Hannah Lang and Ann Saphir WASHINGTON/SAN FRANCISCO (Reuters) – Of all the facts that have emerged about last month’s two U.S. bank busts – the unanswered warning letters from reg[...]
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Factbox-Fed, FDIC reviews of US bank failures to spotlight problems, fixes
The failures of two large regional U.S. banks in mid-March blew a $22 billion hole in the nation’s deposit insurance fund and shook confidence in the global financial system. On Friday the banks[...]
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