• Trump dismays, angers allies by abandoning global climate pact

    2 Jun 2017 10:03 AM |

    By Reuters : President Donald Trump on Thursday said he would withdraw the United States from the landmark 2015 global agreement to fight climate change, drawing anger and condemnation from world leaders and heads of industry.

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  • Wall St. set to open higher after strong private jobs data

    1 Jun 2017 03:10 PM |

    By Reuters : U.S. stocks looked set to open higher on Thursday after better-than-expected private sector hiring showed that the labor market continues to strengthen, further boosting chances of a rate hike by the Federal Reserve later this month.

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  • Cannot rule out further output caps on oil producers, says OPEC secretary general

    1 Jun 2017 03:05 PM |

    By CNBC : The output cut deal between OPEC and non-OPEC oil producers that was last week extended for a further nine months is a "work-in-progress" and could be broadened to include the implementation of caps on further countries, according to the oil cartel's secretary general.

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  • Russian interest rates could be heading even lower, says 'conservative' central bank boss

    1 Jun 2017 09:46 AM |

    By CNBC : Russians may have witnessed national interest rates on a steep path lower in recent years, but the governor of the central bank has suggested that more cuts could come as it closely monitors inflation and fluctuations in the oil markets.

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  • Sterling slips on election fears, conflicting China signals weigh on stocks

    1 Jun 2017 09:40 AM |

    By Reuters : Sterling retreated on Thursday on fears that Prime Minister Theresa May could lose control of parliament in Britain's June 8 election, while conflicting signals on the health of China's manufacturing sector kept most Asian stock markets in check.

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  • Asian factories lose some momentum in May on soft export demand

    1 Jun 2017 09:34 AM |

    By Reuters : Factories across much of Asia ran into a soft patch in May as export demand slowed, but analysts said the weakness was likely to be temporary amid signs of steady improvement in the global economy.

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  • Euro zone inflation dips as 'taper' talk builds ahead of ECB meeting

    31 May 2017 02:37 PM |

    BY CNBC : Inflation data in the 19-member euro area dropped to 1.4 percent (year-on-year) in May, from 1.9 percent in April, according to fresh figures Wednesday from the European statistics office.

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  • Sterling recovers after new poll shows Conservatives still leading

    31 May 2017 02:26 PM |

    By Reuters : Britain's pound recovered from a half a percent drop on Wednesday after a poll showed the country's ruling Conservative party still in the lead, overriding a previous projection of a hung parliament in elections next week.

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