Canadian dollar seen up in one year if economy avoids hard landing – Reuters poll

By Fergal Smith TORONTO (Reuters) – The Canadian dollar is set to rally over the coming year, after a period in which it consolidates its recent gains, as an expected slowdown in economic activity stops short of a hard landing for the economy, a Reuters poll showed on Wednesday. Since early March the Canadian currency …

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Factbox-Who are the main candidates for Thailand’s next leader?

BANGKOK (Reuters) – Political parties in Thailand have until Friday to submit the names of their prime ministerial candidates ahead of a May 14 general election. The contest will showcase a long-running political battle between the billionaire Shinawatra family and its business allies and a conservative pro-military establishment. The next premier will be decided by …

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Britain’s Co-op navigates inflation to maintain profit

LONDON (Reuters) -Britain’s Co-Operative Group, the mutually-owned supermarkets to funeral homes group, maintained operating profit at 100 million pounds ($125 million) in 2022 despite the pressure of inflation in food, energy and wages. The group, which also offers insurance and legal services, said on Wednesday it expected the “volatile external environment and turbulent economic headwinds” …

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Institute für EZB-Leitzinserhöhungen – “Inflation in Griff bekommen”

Berlin (Reuters) – Die führenden deutschen Wirtschaftsforschungsinstitute fordern die EZB auf, auf Zinserhöhungskurs zu bleiben. Die Währungshüter sollten bei der Linie der geldpolitischen Straffung bleiben, um die hohe Inflation in den Griff zu bekommen, sagte Ifo-Konjunkturforscher Timo Wollmershäuser am Mittwoch bei der Vorlage des Frühjahrsgutachtens der Institute. “Wenn die Bankturbulenzen zunehmen oder erneut aufflammen sollten, …

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Indonesia’s Merdeka Battery set to price shares at top in $586 million IPO

By Yantoultra Ngui and Scott Murdoch SINGAPORE (Reuters) -Indonesian nickel firm PT Merdeka Battery Materials plans to price its shares at 795 rupiah each, at the top of the range for its initial public offering (IPO) to raise 8.75 trillion rupiah ($586.46 million), two sources with direct knowledge of the matter said. As Indonesia steps …

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Jacinda Ardern bids farewell to New Zealand parliament in tearful address

By Lewis Jackson (Reuters) – All New Zealanders should feel politics can be a home for them, former Prime Minister Jacinda Ardern said on Wednesday, in a final address to parliament after leading the nation through the COVID-19 pandemic and a terror attack in Christchurch. Ardern, who thanked her family, her political party and her …

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Japón busca un acuerdo del G7 para acelerar los esfuerzos de descarbonización

Por Yuka Obayashi y Katya Golubkova TOKIO, 5 abr (Reuters) – Japón quiere presionar para que las potencias económicas del Grupo de los Siete (G7) acuerden acelerar los esfuerzos de descarbonización mediante la colaboración en la reunión de ministros de Clima, Energía y Medio Ambiente que se celebrará a finales de este mes, según dijo …

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Seis tanques Leopard españoles partirán hacia Ucrania en la segunda quincena de abril

MADRID, 5 abr (Reuters) -Los seis tanques de combate Leopard 2A4 que España se comprometió a enviar a Ucrania saldrán del país en la segunda quincena de abril, dijo el miércoles la ministra de Defensa, Margarita Robles, en una entrevista a TVE, retrasando así la fecha prevista para el envío. Estos carros de combate, de …

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UBS dice a los inversores que la compra exprés de Credit Suisse supone un gran reto

Por Noele Illien ZÚRICH, 5 abr (Reuters) -Los ejecutivos de UBS dijeron el miércoles a los accionistas que su inesperada adquisición de su competidor suizo Credit Suisse en el mayor rescate bancario desde la crisis financiera mundial era un hito para el sector y un reto de gran magnitud para el banco. El presidente Colm …

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SSE Thermal secures 10-year contracts for two power stations in Ireland

LONDON (Reuters) – Britain’s SSE Thermal, part of SSE, has provisionally secured 10-year capacity agreements for two new-build power stations in Ireland which would run on sustainable biofuel, the companies said on Wednesday. The proposed units are at Tarbert in County Kerry in southwestern Ireland and Platin in County Meath in northeastern Ireland. The power …

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