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GOLDEN — A guided tour walks by Arapahoe Street in Golden, stopping to hear the history of the gold rush town, given by a man in a cowboy hat and tweed vest. They talk about the 1850s and the history of how the area was founded, as they sit in the literal shadow of another piece of Golden’s history: the […]
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Significant disruption in the run-up to Christmas is inevitable unless more delivery drivers are found in the next 10 days, the retail industry has warned. The stark assessment by the British Retail Consortium (BRC) came as ministers were due to meet for urgent talks on how to tackle the current shortage of HGV operators, which has already led to empty […]
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Making the case for stablecoins Financial regulators are racing to regulate stablecoins. These digital currencies pegged to a stable asset like the dollar are used in crypto trading, banking and decentralized finance, addressing the problem of price volatility that plagues Bitcoin and others. Stablecoins have become an important bridge between digital currencies and the traditional financial system. But despite their […]
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LONDON (Reuters) – The dollar hovered above a one-week low versus major peers on Friday, taking a breather after its biggest drop in almost a month overnight, as questions lingered about the fate of property developer China Evergrande Group.FILE PHOTO: U.S. dollar banknotes are seen in this photo illustration taken February 12, 2018. REUTERS/Jose Luis Gonzalez/Illustration/File PhotoThe yen fell to […]
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(Reuters) -European stocks fell on Friday as worries about troubled property developer China Evergrande and weak German business confidence data prompted investors to book some profit after a mid-week rally.The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 23, 2021. REUTERS/StaffEuropean sportswear makers Adidas, Puma and JD Sports fell about 3% each […]
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(Reuters) -European stocks fell on Friday as worries about troubled property developer China Evergrande and weak German business confidence data prompted investors to book some profit after a mid-week rally.The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 23, 2021. REUTERS/StaffEuropean sportswear makers Adidas, Puma and JD Sports fell about 3% each […]
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FILE PHOTO: A woman wearing a plastic glove holds money as she stands in a queue to buy face masks at a post office, after a shortage of masks amid the rise in confirmed cases of the novel coronavirus disease COVID-19, in Daegu, South Korea, March 4, 2020. REUTERS/Kim Kyung-HoonSEOUL (Reuters) – South Korea’s central bank warned on Thursday that […]
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(Reuters) – Insurance company FWD Group Holdings Ltd, owned by Hong Kong billionaire Richard Li, made its filing for a stock market listing in the United States public on Thursday, revealing a jump in revenue last year.FILE PHOTO: Richard Li, Hong Kong businessman and younger son of tycoon Li Ka-shing, waves as he arrives to vote during the election for […]
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Cathay Pacific is the latest airline to mark a significant milestone in the midst of the pandemic which has wiped out years of growth and profit. The Hong Kong-based carrier, which it grew from a one-plane freight operator to a major international airline with a big reputation for laying on luxury for premium passengers and as of June, a fleet […]
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The Turkish lira fell to a record low on Thursday after the central bank unexpectedly cut its benchmark interest rate, alarming investors who took the move as a sign that policymakers were not serious about defending the currency’s value. The lira fell as low as 8.8 to the dollar after the central bank cut its main interest rate to 18 […]
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