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Dealmaker Michael Grimes expected to lead new US sovereign wealth fund, sources say
Star technology investment banker Michael Grimes, who left Morgan Stanley to take up a senior role in the U.S. Commerce Department last month, is expected to lead the new…
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German parties agree historic debt overhaul to revamp military and economy
Reuters was first with the historic news that Germany would create a 500 billion euro infrastructure fund and overhaul borrowing rules to unleash the biggest spending splurge in decades.…
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New Zealand’s central bank loses its head as Adrian Orr suddenly resigns
Reuters was more than 1-minute ahead of competitors in reporting that New Zealand’s Central Bank Governor Adrian Orr had resigned unexpectedly, leaving the RBNZ without a permanent head amid…
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How ECB dodged a payment disaster in 10 hours of tech meltdown
The European Central Bank’s payments crash last week meant salaries and welfare funds were delayed for thousands of people. It could have been much worse. If the same disruption…
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Trump seeks minerals refining on Pentagon bases to boost US output, sources say
Previous article Bank of America eliminates some investment banking roles, sources say 10 March 2025 Next article How ECB dodged a payment disaster in 10 hours of tech meltdown…
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Bank of America eliminates some investment banking roles, sources say
Previous article Jaguar Land Rover shelves plan to build EVs at Tata’s India plant, sources say 12 March 2025 Next article Trump seeks minerals refining on Pentagon bases to…
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Jaguar Land Rover shelves plan to build EVs at Tata’s India plant, sources say
Jaguar Land Rover has shelved plans to build electric vehicles at parent company Tata Motor’s upcoming $1 billion factory in southern India, four people with knowledge of the matter…
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ECB poised to approve UniCredit’s investment in Commerzbank, source says
The European Central Bank is poised to give Italy’s UniCredit the green light to build up its stake in German rival Commerzbank, a person familiar with the matter told…
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Germany weighs special funds for defence and infrastructure
Reuters exclusively reported that the German parties in talks to form a new government are considering quickly setting up two special funds to strengthen the country’s defences and infrastructure,…
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China targets 2025 GDP growth of around 5%
Reuters was more than 8 minutes ahead of the competition in reporting that China’s government had set a GDP growth target for 2025 at “around 5%.” The closely watched…
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