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Oil prices extend gains with falling supplies in focus
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Reality check looms for southern Europe’s bond markets
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Legitimate offshore property investors have no reason to fear extended use of Unexplained Wealth Orders
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Stocks climb, U.S. Treasury yields slip as U.S. inflation data fails to surprise
European stocks fall as healthcare and banking sectors suffer losses
Date: April 12, 2022
By Sruthi Shankar and Anisha Sircar (Reuters) -European shares fell on Tuesday as Deutsche Bank and Commerzbank slumped after a big stake sale, while a U.S. reading on inflation kept aggressive Federal Reserve tightening bets from ramping up. The pan-European STOXX 600 index fell 0.3%, paring some losses from earlier in the day, with healthcare...
Industrial Revolution 4.0 An opportunity for achieving Disruptive Innovation for Nations
Date: April 12, 2022
By Dr Vivek Arunachalam Lecturer at Berlin School of Business and Innovation (BSBI) and Hon Economic Advisor, WTC Navi Mumbai Digital infrastructure is the key investment industries need in order to thrive in the future. Countries that invest in digital technology will have the advantage of implementing a reliable ecosystem in the long run. The industrial evolution,...
Banks drag European stocks lower ahead of U.S. inflation data
Date: April 12, 2022
By Sruthi Shankar (Reuters) -European shares fell on Tuesday to their lowest in nearly a week as Deutsche Bank and Commerzbank slumped after a big stake sale, while investors awaited U.S. inflation data that could spur bets of bigger interest rate hikes. The pan-European STOXX 600 index fell 0.9%, with banks the worst hit. Deutsche...
British shares fall after jobs data, Rolls-Royce top FTSE 100 loser
Date: April 12, 2022
By Devik Jain (Reuters) -London’s FTSE 100 fell on Tuesday as data showed some signs of reduced demand for labour, with healthcare and consumer staples stocks weighing the most, while Rolls-Royce dropped to the bottom of the blue-chip index on brokerage action. The FTSE 100 dropped 0.9%, with Unilever, Diageo, HSBC Holdings and AstraZeneca down...
Gloomy economic data pulls UK shares lower
Date: April 11, 2022
By Devik Jain and Sruthi Shankar (Reuters) -British stocks ended lower on Monday as data showed the economy slowed more than expected in February, intensifying worries about a cost-of-living squeeze. Gross domestic product rose by 0.1% in February, missing the 0.3% rise forecast by economists in a Reuters poll and down from a 0.8% increase...
OPEC tells EU it’s not possible to replace potential Russian oil supply loss
Date: April 11, 2022
By Kate Abnett and Alex Lawler BRUSSELS/LONDON (Reuters) -OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst ever oil supply shocks and it would be impossible to replace those volumes, and signalled it would not pump more. European Union officials held talks in Vienna...