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Factbox: Reuters surveys UK financial services jobs post-Brexit
LONDON (Reuters) - Around 10,000 finance jobs will be shifted out of Britain or created overseas in the next few years if the UK is denied access to Europe's single market, according to a Reuters survey of firms employing the bulk of workers in international finance.
Posted on : 2017-09-18 18:10:02
Uber faces big jump in fees if London licence is renewed
LONDON (Reuters) - Uber will face a big jump in the fee it pays to operate in London to 2.9 million pounds if the ride hailing company is granted a new licence by the city's transport authority.
Posted on : 2017-09-18 18:07:34
Exclusive: India eyes spending cuts as glitches in GST hit revenue
NEW DELHI (Reuters) - India could be forced to cut spending on key infrastructure such as railways and highways as lower-than-expected tax collections and sluggish growth have upset the government's budget calculations, two finance ministry officials said.
Posted on : 2017-09-18 17:53:03
Oil prices slip, but hold near recent highs
LONDON (Reuters) - U.S. crude oil prices slipped below $50 per barrel on Monday but stayed close to multi-month highs amid a drop in shale drilling and as refineries continued to restart after Hurricane Harvey.
Posted on : 2017-09-18 17:26:08
World stocks reach new peak as Fed-focused week begins
LONDON (Reuters) - World stocks hit another record high on Monday and the dollar reached an eight-week peak against the yen on expectations the U.S. Federal Reserve will unveil plans this week to trim its bloated balance sheet.
Posted on : 2017-09-18 16:56:20
Airbus hits back against Austria in Eurofighter row
VIENNA (Reuters) - Airbus has filed a legal submission to Austrian prosecutors denying any wrongdoing in response to allegations of fraud and wilful deception linked to a $2 billion fighter deal.
Posted on : 2017-09-18 16:22:05
Gold slips as equities, dollar surge ahead of Fed meeting
LONDON (Reuters) - Gold hit a two and a half week low on Monday as the dollar rose ahead of a two-day Federal Reserve meeting and as global equities surged.
Posted on : 2017-09-18 16:17:53
Nifty hits record close; financials, autos up
REUTERS - The Nifty ended at a record closing high on Monday as financials and automakers gained.
Posted on : 2017-09-18 16:00:10
U.S. trial set to begin for ex-HSBC executive in foreign exchange scheme
NEW YORK (Reuters) - A former high-ranking HSBC Holdings Plc executive from Britain on Monday will become the first person to go to trial on charges stemming from a U.S. probe into foreign exchange rate manipulation.
Posted on : 2017-09-18 15:34:25
Google launches digital payments service in India
NEW DELHI (Reuters) - Alphabet Inc's Google on Monday launched a localised payments app for India as it tries to gain a foothold in the country's rapidly-growing digital payments space.
Posted on : 2017-09-18 15:17:49
PwC's 2017 profit slips as Brexit hits executive pay
LONDON (Reuters) - Accountants PricewaterhouseCoopers LLP reported a one percent fall in UK profit for the year to June 30 while average executive profit fell by eight percent as Britain deals with the consequences of the Brexit vote.
Posted on : 2017-09-18 15:04:46
Ford exploring strategic alliance with Mahindra
MUMBAI (Reuters) - Indian automaker Mahindra and Mahindra Ltd and Ford Motor Co said on Monday the two companies are exploring forming a strategic alliance.
Posted on : 2017-09-18 15:00:24
World stocks peak at start of Fed-fuelled week
LONDON (Reuters) - World stocks hit a record high on Monday and the dollar reached an eight-week peak against the yen on expectations that the U.S. Federal Reserve will this week announce trimming of its balance sheet, part of a reversal of cheap money worldwide.
Posted on : 2017-09-18 14:35:10
HSBC sees two UK interest rate hikes by end-2018
LONDON (Reuters) - HSBC, one of Britain's "Big Four" banks, expects the Bank of England to raise interest rates twice over the coming 12 months, having previously seen rates staying at their record lows until the end of 2018.
Posted on : 2017-09-18 14:26:03
HSBC says sees two UK interest rate hikes by end-2018
LONDON (Reuters) - HSBC, one of Britain's "Big Four" banks, expects the Bank of England to raise interest rates twice over the coming 12 months, it said on Monday, having previously seen rates staying at their record lows until the end of 2018.
Posted on : 2017-09-18 13:42:00
Nokia says to get sales boost after patent ruling
HELSINKI (Reuters) - Nokia will start to book additional revenue from the current quarter after a ruling by an arbitration court on payments from South Korea's LG Electronics for using its smartphone patents.
Posted on : 2017-09-18 13:14:00
Gold slips as equities, dollar surge ahead of Fed meet
REUTERS - Gold slipped to its lowest level in over two weeks on Monday as the dollar and equities rallied, while prospects of monetary policy tightening in the United States ahead of a Federal Reserve meeting also weighed on the metal.
Posted on : 2017-09-18 12:42:27
Australian moguls lose court challenge to CBS' planned buyout of Ten Network
SYDNEY (Reuters) - Two Australian media moguls have lost a court challenge to CBS Corp's planned buyout of bankrupt television broadcaster Ten Network Holdings Ltd, giving the U.S. media giant a strong upper hand ahead of a creditor vote on Tuesday.
Posted on : 2017-09-18 12:39:30
U.S. oil prices hit $50 on rising refinery demand, falling rig count
SINGAPORE (Reuters) - U.S. crude oil prices rose above $50 per barrel on Monday and were near last week's multi-month highs as the number of U.S. rigs drilling for new production fell and refineries continued to restart after getting knocked out by Hurricane Harvey.
Posted on : 2017-09-18 12:36:28
Growing unease as India curbs the net to keep the peace
MUMBAI (Reuters) - First he tried messaging friends, but WhatsApp was down. Then, the credit card readers at his clothing store weren't working. Ride-sharing apps were offline too.
Posted on : 2017-09-18 12:34:51
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