EUROPE

BoE to wait and see; growth, inflation, Brexit key – Reuters poll

LONDON (Reuters) – Above-target inflation and a buoyant jobs market won’t push the Bank of England to tighten policy until at least November as it waits to see how divorce talks with the EU develop, a Reuters poll found. Britain’s decision to leave the European Union sent sterling plummeting – and inflation rising as the cost of imports increased – ...

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Powerful Pera sends ninth seed Konta out

MELBOURNE (Reuters) – World number 123 Bernarda Pera sent ninth seed Johanna Konta tumbling out of the second round of the Australian Open on Thursday with a 6-4 7-5 upset in blazing sunshine on court two. A lacklustre serving display from the British number one allowed lefthander Pera ample opportunity to showcase her powerful returns off both sides and the ...

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Asia stocks reach record highs after Wall St surge, dollar edges back

TOKYO (Reuters) – Asian stocks struck record highs on Thursday, with a rally by Wall Street supporting bullish investor sentiment, while the dollar pulled back from three-year lows as comments by European Central Bank officials tempered the euro’s recent rally. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.2 percent, building on the previous day’s gains to make ...

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Intel: Problem in patches for Spectre, Meltdown extends to newer chips

(Reuters) – Data centre computers with Intel Corp’s (INTC.O) newer chips might reboot more often than normal because of problems with the patches issued to fix the so-called Spectre and Meltdown security flaws, the company said on Wednesday. Intel confirmed that patches for the security flaws can cause higher-than-expected reboot rates in Ivy Bridge, Sandy Bridge, Skylake and Kaby Lake ...

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Northern Ireland to launch new bid to restore devolved government

BELFAST (Reuters) – The British and Irish governments are to launch a new round of talks between Northern Ireland’s main parties next week in a bid to re-establish devolved government and avoid a return to direct rule of the region from London for the first time in a decade. Northern Ireland has been without a fully functioning executive and assembly ...

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Asia stocks near record highs after Wall Street surge, dollar edges back

TOKYO (Reuters) – Asian stocks were near record highs on Thursday, with a rally by Wall Street supporting bullish investor sentiment, while the dollar pulled back from three-year lows as the euro’s recent rally lost steam. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was 0.16 percent higher at 595.53, near the previous day’s record high of 595.80. Australian ...

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Top SPD politician – No 'Plan B' if party rejects talks with Merkel

BERLIN (Reuters) – The parliamentary leader of Germany’s Social Democrats (SPD) said she was optimistic that delegates to a party congress on Sunday would endorse formal talks with Chancellor Angela Merkel’s conservatives about a new coalition government. “I have no ‘Plan B,’” Andrea Nahles said in Thursday editions of newspapers published by the Funke Mediengruppe chain, when asked what would ...

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U.S. charges Barclays forex trader with fraud

LONDON/NEW YORK (Reuters) – The U.S. Department of Justice (DoJ) on Tuesday charged a Barclays foreign exchange trader based in New York over his alleged role in a scheme to defraud a client of the bank, the DoJ said. Robert Bogucki, the former head of foreign exchange trading in New York for the British bank, is accused of manipulating forex ...

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Exclusive – Trump accuses Russia of helping North Korea evade sanctions; says U.S. needs more missile defense

WASHINGTON (Reuters) – U.S. President Donald Trump complained on Wednesday that Russia was helping North Korea to evade international sanctions, signaling frustration with a country he had hoped to forge friendly relations with after his 2016 election win. “Russia is not helping us at all with North Korea,” Trump said during an Oval Office interview with Reuters. “What China is ...

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Exclusive: Trump says Russia helping North Korea skirt sanctions; Pyongyang getting close on missile

WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday Russia is helping North Korea evade international sanctions and that Pyongyang is getting “closer every day” to being able to deliver a long-range missile to the United States. “Russia is not helping us at all with North Korea,” Trump said during an Oval Office interview with Reuters. “What China is ...

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