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The Bank of England has forecast Rachel Reeves’ first budget as chancellor will increase inflation by up to half a percentage point over the next two years, contributing to a slower decline in interest rates than previously thought. Announcing a widely anticipated 0.25 percentage point cut in the base rate to 4.75%, the Bank’s Monetary
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Offshore workers examine hydrocarbon samples aboard the Chevron Corp. Jack/St. Malo deepwater oil platform in the Gulf of Mexico off the coast of Louisiana, U.S., on Friday, May 18, 2018. Luke Sharrett | Bloomberg | Getty Images U.S. oil producers are looking forward to less regulations on crude production under a Donald Trump presidency, meaning
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In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and the company guided to a strong December quarter. The shares
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The presenter of Prince William’s Earthshot Awards says he’s been “crying all day” following Donald Trump’s win in the US presidential election. Billy Porter, the Emmy, Grammy, and Tony Award-winning actor and singer spoke to Sky News ahead of presenting William’s environmental award ceremony in Cape Town. He said he had been feeling “horrible” following
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Astronomers are watching two unusual black holes, each presenting phenomena that challenge current understanding of these cosmic giants. One, a “serial killer” black hole, is about to devour its second star within five years, while the other, part of the newly discovered triple system V404 Cygni, has disrupted long-held theories of black hole formation. The
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As the dust settles on Donald Trump’s historic US election win, the president-elect will begin the process of choosing who will be in his administration for his second stint in the White House. During his presidential campaign, Mr Trump – who will become the 47th president of the United States, having also served as its
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