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  • Dollar firms, stocks soar on ECB rate cut expectations

    Dollar firms, stocks soar on ECB rate cut expectations0

    NEW YORK (Reuters) – U.S. and European stocks surged on Friday on expectations the European Central Bank will cut interest rates but the dollar pared gains against the euro after a report said the German government was prepared to take on new debt to lift the economy. The dollar hit a two-week high against the

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  • Cathay CEO resigns amid Hong Kong protest blowback as more rallies planned

    Cathay CEO resigns amid Hong Kong protest blowback as more rallies planned0

    HONG KONG (Reuters) – The boss of Hong Kong carrier Cathay Pacific Airways quit on Friday, the highest-profile corporate casualty of unrest roiling the former British colony, after Beijing targeted the airline over staff involvement in mass protests. The corporate upheaval comes ahead of a weekend where further protests are planned, including what could be

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  • Cathay Pacific Airways CEO Rupert Hogg resigns amid mounting Chinese scrutiny

    Cathay Pacific Airways CEO Rupert Hogg resigns amid mounting Chinese scrutiny0

    HONG KONG/SINGAPORE (Reuters) – Cathay Pacific Airways (0293.HK) said CEO Rupert Hogg has resigned in a surprise announcement, amid mounting Chinese regulatory scrutiny of the Hong Kong flag carrier over the involvement of its employees in the city’s protests. FILE PHOTO: A Cathay Pacific Boeing 777-300ER plane lands at Hong Kong airport after it reopened

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