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WTI hovers near one-month highs as Hormuz supply risks remain in focus

West Texas Intermediate (WTI) crude Oil consolidates modest losses on Wednesday but stays close to a one-month high as escalating Middle East tensions keep supply risks around the Strait of Hormuz in focus. At the time of writing, WTI trades around $78.70, up roughly 10% so far this week.Traders also…

Honeymoon risks for Pound – Rabobank

Rabobank’s Senior FX Strategist Jane Foley discusses the British Pound’s (GBP) strong performance, noting GBP is the second-best G10 currency over three months despite no Bank of England (BoE) hikes. The team highlights market optimism around incoming UK Prime Minister Burnham and his likely right-leaning Chancellor choice, but stresses fiscal constraints and political scepticism. They expect EUR/GBP to rise toward 0.87 over a 3‑month horizon.Pound resilience faces political tests”On a 3-month view the pound is…

Finance news

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Business

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Texas launches investigates LinkedIn over claims of ‘ghost jobs’

Texas has launched an investigation into LinkedIn over allegations the company allegedly advertised and profited from fake or misleading job listings known as “ghost jobs,” the attorney general’s office announced Tuesday. The investigation centers on claims that job seekers who paid for LinkedIn Premium subscriptions may have been presented with…

Markets

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Taco Bell takes extra cyclospora precautions while CDC investigates outbreak

Taco Bell is taking a more aggressive approach to protecting against cyclospora than federal health officials currently recommend, temporarily pulling some ingredients from select restaurants while the CDC investigates a multistate outbreak.The fast-food chain told Business Insider on Tuesday it has “voluntarily and temporarily” removed certain ingredients from menus at…

Investing

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