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FTSE 100 rebounds as mining, banking stocks jump
Miners and bank stocks helped the FTSE 100 rebound after surging coronavirus cases and fears of an economic slowdown pushed the index to a two-month low...
HSBC, StanChart halt new mortgages to two HK projects by Evergrande
HSBC and Standard Chartered are declining to extend new loans to buyers of property in two uncompleted Hong Kong residential projects, that is developed...
BoE’s Broadbent sees reasons for inflation tide to ebb
Bank of England Deputy Governor Ben Broadbent said that a current spike in prices is unlikely to create longer-term inflation pressures but central bankers...
ECB pledges low rates for even longer to support prices
The European Central Bank pledged to keep interest rates at record lows for even longer to help sluggish inflation in the euro zone rise...
Softbank’s robotics ambitions short circuit as pepper loses power
When SoftBank Group Corp’s CEO Masayoshi Son unveiled the wide-eyed android Pepper in 2014, he painted a vision, once confined to science fiction, of...