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UK economy puts recession behind it but price pressures rise, PMI survey shows

UPDATE 1-UK economy puts recession behind it but price pressures rise, PMI survey shows Adds economist reaction in paragraphs 12-13, market rate cut bets in paragraph 14 By William Schomberg LONDON, Feb 22 (Reuters) - Britain's economy kept up its early 2024 momentum with a survey showing strong growth for services firms and business optimism at a two-year high, but inflation pressures are likely to keep the Bank of England wary about cutting borrowing costs.
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UK economy puts recession behind it but inflation pressures rise-PMI

UK economy puts recession behind it but inflation pressures rise-PMI By William Schomberg LONDON, Feb 22 (Reuters) - Britain's economy kept up its early 2024 momentum with a survey showing strong growth for services firms and business optimism at a two-year high, but inflation pressures are likely to keep the Bank of England wary about cutting borrowing costs.
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Amazon to replace Walgreens in Dow Jones Industrial Average

UPDATE 2-Amazon to replace Walgreens in Dow Jones Industrial Average Adds detail on changes to Dow, investor quote, background on companies By Noel Randewich and Caroline Valetkevitch Feb 20 (Reuters) - Amazon AMZN.O is set to join the Dow Jones Industrial Average, replacing Walgreens Boots Alliance WBA.O effective next week, S&P Dow Jones Indices said on Tuesday.
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S&P’s Visible Alpha deal ignores fat finger flubs

BREAKINGVIEWS-S&P’s Visible Alpha deal ignores fat finger flubs The author is a Reuters Breakingviews columnist. The opinions expressed are their own. NEW YORK, Feb 20 (Reuters Breakingviews) - What is proprietary data worth to investors? S&P Global’s SPGI.N deal for Visible Alpha gets closer to valuing it. The $133 billion research company plans to pay roughly $500 million for the company that uploads hard-to-replicate analysis from forward-looking financial models.
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds: Truist Financial, Fremantle, S&P Global, Whirlpool, Updates: Capital One, Zee Entertainment Feb 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Tuesday: ** Truist Financial TFC.N agreed to sell the remaining stake in its insurance brokerage business to an investor group, in a deal valued at $15.5 billion, as it focuses on its core banking business, at a time when regulators are proposing new capit
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