(Reuters) – A shift to remote working is likely to wipe off $800 billion from the value of office buildings in major global cities by 2030, according to a study published by consulting firm McKi[...]
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UK
Exclusive-Investors may exit consumer goods firms over EU deforestation law
By Richa Naidu LONDON (Reuters) – As a new European Union zero-tolerance deforestation law looms, several major investors told Reuters they are concerned about their exposure to the issue, with[...]
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Bitcoin could hit $100,000 by end-2024, Standard Chartered says
By Elizabeth Howcroft LONDON (Reuters) -Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered said on Monday, saying that the so-called “crypto winter” is[...]
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Britain’s Cineworld shareholders to be wiped out in restructuring plan
(Reuters) -Cineworld said on Tuesday it had filed a reorganisation plan in a Texas bankruptcy court that will effectively wipe out existing shareholdings, sending its stock to an all-time low. The fil[...]
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Oil settles lower as rate-hike worries balance tighter supplies
By Laura Sanicola (Reuters) -Oil prices settled lower on Monday, after rising for three straight weeks, as concern about further interest rate hikes that could curb demand balanced the prospect of a t[...]
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Dollar jumps as Powell flags higher terminal rate
By Karen Brettell NEW YORK (Reuters) – The dollar hit a three-month month high against a basket of currencies on Tuesday after Federal Reserve Chair Jerome Powell said the U.S. central bank is l[...]
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Coinbase, Galaxy Digital abandon Silvergate after bank warns about its viability
By Niket Nishant (Reuters) -Cryptocurrency heavyweights including Coinbase Global Inc and Galaxy Digital on Thursday dropped Silvergate Capital Corp as their banking partner after the lender’s l[...]
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UK Consumer Sentiment Jumps in January: Yougov/Cebr Survey
LONDON (Reuters) -British households’ expectations for their personal finances over the next 12 months recorded a record jump in January as wholesale gas prices fell, according to a monthly surv[...]
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Oil prices rally to highest close since Dec. 1 on China optimism
By Shariq Khan BENGALURU (Reuters) -Oil prices settled 1% higher on Thursday, extending a recent rally built around rising Chinese demand, while the market wrote off a second straight week of large bu[...]
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