Insurers keep European stocks near record high; miners drag
(Reuters) -European shares held steady on Thursday, trading just below record highs as strong earnings from insurers and M&A activity in the UK helped offset […]
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U.S. jobless claims fall; producer prices post solid rise
WASHINGTON (Reuters) -The number of Americans filing claims for unemployment benefits fell again last week as the economic recovery from the COVID-19 pandemic continued but […]
Continue reading »GLOBAL MARKETS-Europe and Wall Street strain for gains, dollar holds ground
(Updates ahead of Wall Street opening bell) LONDON, Aug 12 (Reuters) – European stocks were attempting to equal their longest winning streak since 2017 on […]
Continue reading »Sri Lankan shares slump as country sees highest single-day COVID-19 death toll
Aug 12 (Reuters) – Sri Lankan shares ended more than 1% lower on Thursday, weighed down by losess in industrial and financial stocks, and as […]
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Deutsche Telekom back in deal mode after strong results
BERLIN (Reuters) – Deutsche Telekom confirmed it was in active talks to sell its Dutch unit, signaling movement on Thursday on its portfolio of non-core […]
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Sydney seeks to tighten COVID-19 curbs, Canberra to enter lockdown
SYDNEY (Reuters) -Extra Australian military personnel may be called in to ensure compliance with lockdown rules in Sydney, the New South Wales state government said […]
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Lordstown to start limited truck production in late September
FILE PHOTO: A “Ride With Lordstown” sign is seen outside the Lordstown Assembly Plant in Lordstown, Ohio, U.S., June 21, 2021. REUTERS/Rebecca Cook/File PhotoDETROIT (Reuters) […]
Continue reading »GLOBAL-MARKETS-Stocks hit record highs as Fed tapering concerns ease
(Updates to U.S. close) * CPI data shows inflation moderating in July * MSCI all-country index hits record high * S&P500, Dow Jones Industrial close […]
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U.S. lawmakers introduce bill to rein in Apple, Google app stores
WASHINGTON (Reuters) -A bipartisan trio of senators introduced a bill that would rein in app stores of companies they said exert too much market control, […]
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Exclusive-Fed's Barkin: U.S. "closing in" on taper, but could still take a few months
ASHEVILLE, N.C. (Reuters) -It may take a few months more for the U.S. job market to recover enough that the Federal Reserve can reduce its […]
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Europe's biggest tech conference to be held in-person in November
LISBON (Reuters) – Europeโs biggest tech conference – the Web Summit – will return as an in-person event in Lisbon this November, organisers confirmed to […]
Continue reading »UPDATE 1-Fitch downgrades Huarong Industrial citing weak link with parent
(Adds detail, comments) SHANGHAI, Aug 11 (Reuters) – Fitch Ratings said on Wednesday it has downgraded Huarong Industrial Investment & Management Co, citing weak ties […]
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Oil holds above $70 as US demand eases Delta fears
FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, U.S., March 24, 2016. REUTERS/Nick OxfordLONDON (Reuters) […]
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Oil edges up towards $71 as US demand eases Delta fears
FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone […]
Continue reading »NortonLifeLock agrees to buy cybersecurity provider Avast
Fox Business Flash top headlines for August 10 Check out what’s clicking on FoxBusiness.com. NortonLifeLock Inc. agreed to acquire and combine with cybersecurity firm Avast […]
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Cathie Wood’s ARK Invest Buys for 8\/10
Investors cheered on new all-time highs in the Dow Jones industrial average and Nasdaq on Tuesday, but ARK Investors were not as content. While the […]
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Antibody levels predictive of Moderna's vaccine efficacy -study
FILE PHOTO: A healthcare worker holds a vial of the Moderna COVID-19 Vaccine at a pop-up vaccination site operated by SOMOS Community Care during the […]
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Stocks making the biggest moves midday: Casper, Sysco, 3D Systems and more
Check out the companies making headlines in midday trading. 3D Systems โ The 3-D printing company's stock surged about 40% after it reported second-quarter earnings […]
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Nvidia to buy chipmaker from SoftBank
Hong Kong (CNN Business)SoftBank CEO Masayoshi Son is cutting back on new investments in China as the country’s private sector continues to face a historic […]
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U.S.-China tension means emerging market investors need to get selective, strategist says
In 2013, the Fed said it would taper off its Great Recession economic stimulus. The ensuing investor panic triggered a sell-off for bonds and surging […]
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