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Lithuanian presidential hopefuls vow to tackle inequality

VILNIUS (Reuters) – Lithuanians started voting in a tightly contested presidential election on Sunday to replace outgoing Dalia Grybauskaite, the Baltic nation’s “Iron Lady” who was one of the European Union’s most outspoken critics of Russia. FILE PHOTO: Lithuanian presidential Read more ›

Bank of England to keep rates steady, despite Brexit delay

LONDON (Reuters) – The Bank of England looks set to leave interest rates on hold on Thursday and keep its options open for later in the year when it announces its first policy decision since the postponement of Britain’s departure Read more ›

No-deal Brexit would take a chip off UK home values – Reuters poll

LONDON (Reuters) – Britain’s over-valued housing market will undergo a modest correction if the country leaves the European Union at the end of next month without a deal, a Reuters poll found, with London being affected to a greater degree. Read more ›

China, Hong Kong stocks rise on trade relief

* Shanghai index rises 0.8 pct, Hang Sang 1.0 pct higher * U.S. Treasury Secretary Mnuchin weighs lifting tariffs on China – WSJ * China to target 6-6.5 pct GDP growth in 2019 – China Daily SHANGHAI, Jan 18 (Reuters) Read more ›

Brexit bill could go up as new data show rise in EU budget liabilities

BRUSSELS (Reuters) – Britain may be required to channel more money than expected into the European Union budget after it leaves the bloc because EU liabilities are going up driven by higher pension costs and financial guarantees, EU data released Read more ›

U.S. second-quarter GDP growth raised to 4.2 percent

WASHINGTON (Reuters) – U.S. economic growth was a bit stronger than initially thought in the second quarter, notching its best performance in nearly four years and putting the economy on track to hit the Trump administration’s goal of 3 percent Read more ›