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Vodafone UK CEO Unveils New Leadership Team Following Merger
Prime Highlights: Max Taylor, CEO of Vodafone UK, introduces a new leadership team for the merged company with Three UK, following the £15 billion merger. New leadership appointments will take
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Ford CEO Warns 25% Tariff on Mexico and Canada Could Harm US Auto Industry
Prime Highlights: South Korean, Japanese, and European brands would be exempt from the tariffs, giving them a significant advantage in the U.S. market. Farley highlighted Ford’s challenges in competing globally,
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Minneapolis Fed’s Kashkari Predicts Interest Rate Cuts If Economic Trends Persist
Prime Highlights: Neel Kashkari, President of the Minneapolis Federal Reserve, expects interest rates to decrease later in 2025 if economic data continues in the current direction, with inflation trending down
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Impact of U.S. Tariffs on the UK: Bank of England’s Perspective and Economic Outlook
Prime Highlights: Bailey indicated that further rate cuts are possible as the disinflation process progresses, but decisions will be made on a case-by-case basis. The Bank of England halved its
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Fed Vice Chair Jefferson Emphasizes Caution in Interest Rate Decisions Amid Uncertainty
Prime Highlights: Fed Vice Chair Philip Jefferson emphasized the importance of being cautious when adjusting interest rates, given the current economic uncertainties. While the economy remains strong with inflation gradually