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FRANKFURT (Reuters) -Two European Central Bank policymakers on Friday backed further interest rate cuts, expressing greater confidence that inflation was heading to the ECB’s goal next year. The ECB held rates steady on Thursday and its president, Christine Lagarde, said its next decision on Sept. 12 was “wide open” — stopping well short of declaring …

ECB policymakers back more rate cuts as inflation heads back to goal Read More »

LONDON (Reuters) – Airbus has won European certification for the latest addition to its single-aisle family of jets, the long-distance A321XLR, a spokesperson said on Friday. (Reporting by Tim Hepher; editing by Jason Neely)

By Dawn Chmielewski and Lisa Richwine (Reuters) -Netflix said on Thursday it added more than 8 million subscribers in its second quarter as the streaming service benefited from a password-sharing crackdown and such titles as “Bridgerton,” “Baby Reindeer” and “The Roast of Tom Brady.”  While the subscriber gains topped analyst predictions of 5 million, Netflix …

Netflix beats subscriber targets but cautions on next quarter Read More »

By Juveria Tabassum (Reuters) -Domino’s Pizza forecast sequentially slower third-quarter comparable sales on Thursday and trimmed its target for new international store openings, sending its shares down 13%. The company’s target of opening more than 925 international outlets for the year is expected to fall short by about 275 after its Australia-based master franchisee said …

Domino’s Pizza warns of slower Q3 sales; shares fall Read More »

By David Shepardson WASHINGTON (Reuters) -Stellantis on Thursday recalled about 24,000 Chrysler Pacifica plug-in hybrid minivans worldwide because of fire risks, and urged owners to park outside, away from structures. and not to recharge the vehicles pending a software update. Stellantis said the recall of 2017 through 2021 model year Chrysler Pacifica Hybrids includes about …

Stellantis recalls 24,000 Chrysler minivans for fire risks, urges outdoor parking Read More »

By David Milliken LONDON (Reuters) -The Bank of England said on Thursday it had suffered a temporary outage to its CHAPS interbank payment system, which handles more than 360 billion pounds ($467 billion) on an average day, but expected all transactions to be settled by the end of the day. The failure in the high-value payment …

Bank of England payments system restored after outage Read More »

FRANKFURT (Reuters) – Even some of the European Central Bank’s more hawkish policymakers are open to an interest rate cut in September, provided incoming data confirm that disinflation is continuing, four sources with direct knowledge of the discussion said. The ECB held rates steady on Thursday and its President, Christine Lagarde, said its next decision …

ECB hawks open to September rate cut if data supports it, sources say Read More »