Author: Press Room

© Reuters. European Central Bank headquarters are pictured in Frankfurt, Germany, July 21, 2016. REUTERS/Ralph Orlowski/File Photo LONDON (Reuters) – The European Central Bank left interest rates unchanged as expected on Thursday and signalled an early end to its last remaining bond purchase scheme, which helped support the euro. The euro held on to the day’s gains, showing little initial reaction to the ECB decision, while German yields, the benchmark for the wider euro zone sovereign debt market, held mostly unchanged. Global stocks and bond prices had already shot higher, after the U.S. Federal Reserve left rates unchanged the day…

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© REUTERS/Amir Cohen Israel stocks higher at close of trade; TA 35 up 2.14% Investing.com – Israel stocks were higher after the close on Thursday, as gains in the , and sectors led shares higher. At the close in Tel Aviv, the rose 2.14% to hit a new 1-month high. The best performers of the session on the were Ormat Technologies (TASE:), which rose 9.86% or 2,550.00 points to trade at 28,400.00 at the close. Meanwhile, Ashtrom Group Ltd (TASE:) added 7.11% or 382.00 points to end at 5,752.00 and Israel Corp (TASE:) was up 6.64% or 5,950.00 points to…

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The assistant U.S. attorney who was accused of limiting questions related to President Biden during the federal investigation into Hunter Biden is no longer employed by the Justice Department, Fox News has learned. Lesley Wolf, who served as an assistant U.S. attorney in the U.S. Attorney’s Office in Delaware, is no longer with the DOJ, according to a source familiar with the situation. The source said Wolf had longstanding plans to leave the Department of Justice and did so weeks ago. Wolf, who IRS whistleblowers claimed slow-walked the Hunter Biden investigation, is expected to be deposed at the House Judiciary Committee on Thursday…

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The US housing market could see an wave of inventory thanks to a rise in home flipping. Fix-and-flip investor activity has already been on the rise this year, brokerage New Western said. The firm estimated as many as 24 million homes could present an opportunity for fix-and-flip investors. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app The housing market could see a wave of much-needed inventory in the coming years, thanks to as many as 24 million homes entering prime age for renovation, presenting…

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Stay informed with free updatesSimply sign up to the European companies myFT Digest — delivered directly to your inbox.Munich prosecutors have charged Wirecard’s former chief financial officer with fraud more than three years after the payments company collapsed in one of Germany’s biggest corporate scandals.Burkhard Ley, who was CFO from 2006 to 2017 and then worked as an external adviser to Wirecard, was on Thursday charged with fraud, breach of trust, accounting and market manipulation.Ley was arrested in 2020 after the once high-flying payments group crashed into insolvency. He was released in November of that year after spending four months…

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© Reuters. FILE PHOTO: A view shows the logo of the European Central Bank (ECB) outside its headquarters in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker/File Photo By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) -The European Central Bank pushed back against bets on imminent cuts to interest rates on Thursday by reaffirming borrowing costs would remain at record highs despite lower inflation expectations. The ECB left borrowing costs unchanged and did not even hint at a possible reduction, highlighting instead that inflation would soon rebound and price pressures remain strong. “Underlying inflation has eased further,” the ECB said.”But domestic…

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3/3 © Reuters. FILE PHOTO: A view of sign board warning of extreme heat in Death Valley, California, U.S. July 15, 2023. REUTERS/Jorge Garcia//File Photo 2/3 By Isla Binnie and Chris Prentice (Reuters) – The U.S. Treasury Department’s Office of the Comptroller of the Currency (OCC) carried out its first climate risk assessment of more than two dozen banks in recent months, laying the groundwork for heightened scrutiny of Wall Street’s accounting for such threats, people familiar with the matter said. Dubbed a “discovery review,” the previously unreported process involved the regulator assessing how banks are accounting for the impact…

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