Three attackers opened fire near Jerusalem’s holiest site on Friday, wounding three Israelis, two of them critically, before they were killed, Israeli police said. Army Radio said the shooting took place near the sacred site known to Muslims as Noble Sanctuary and to Jews as Temple Mount. Police said the three attackers were killed by […]
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Russian central banker praises 'normal' interest rates — and gives her outlook for oil prices
The head of Russia’s central bank applauded the U.S. Federal Reserve’s moves toward higher, more historically “normal” interest rates, and called on other central banks to follow suit. At the same time, Elvira Nabiullina, governor of the Central Bank of Russia, underscored on Thursday that Russia will continue to ease its own rates. Russian interest […]
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Watch: Donald Trump and France's Emmanuel Macron set to hold press conference
[The stream is slated to start at 12:25 p.m., ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump holds a joint news conference with French President Emmanuel Macron on Thursday as controversy again engulfs his White House. Trump is expected to take questions during his […]
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Germany ups barriers to foreign buyouts in bid to diminish Chinese appetites
Germany has reacted to last year’s foreign dealmaking frenzy by raising the bar on criteria for overseas acquirers seeking to snap up domestic targets in tech-heavy industries. A new directive adopted on Wednesday broadens the remit of an existing law which currently enables the government to block a non-European Union (EU) buyer from acquiring more […]
Read moreWith the third Amazon Prime Day now over, industry experts are contemplating whether the e-commerce giant’s annual day of deals will ever achieve the same status as consumer calendar events like Cyber Monday and Black Friday. “Amazon is absolutely trying to create an event with the retail black-hole-like gravitational field of a Black Friday or […]
Read moreBritish Prime Minister Theresa May said she cried a “little tear” when an exit poll revealed she had failed to win an overall majority in a June 8 snap election. May told BBC radio she felt “devastated” when the results came in, revealing she had lost her parliamentary majority, despite her call on Britons to […]
Read moreThe European Central Bank is likely to signal in September that its 2.3 trillion euros bond-buying program would be gradually wound down next year, the Wall Street Journal reported on Thursday. Financial markets overwhelmingly expect the ECB to decide in September on the future of its stimulus policy beyond the end of this year, with […]
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Greece’s return to bond markets could be an important error, analyst says
Greece is preparing to return to the bond markets but an early move could be costly, an analyst told CNBC on Thursday. Media reports have suggested that Athens could be preparing a bond market comeback as early as next week. The country, which is under financial supervision until next year, needs to make a smooth […]
Read moreU.S. President Donald Trump, under fire at home over Russian connections and abroad over climate change and trade, arrived in Paris on Thursday seeking common ground with France’s new leader Emmanuel Macron. After a bumpy start to relations, the two men both have incentives to improve ties — Macron hoping to elevate France’s role in […]
Read moreSanctions imposed by Arab states pushed Qatar’s inflation rate up only modestly in June, official data showed on Thursday, suggesting Doha is having considerable success in limiting economicdamage caused by its diplomatic crisis. Annual consumer price inflation rose to 0.8 percent last month from 0.1 percent in May, and remained far below a rate of […]
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