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Stocks Climb, U.S. Treasury Yields Slip as U.S. Inflation Data Fails to Surprise
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European Stocks Fall as Healthcare and Banking Sectors Suffer Losses
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Industrial Revolution 4.0 an Opportunity for Achieving Disruptive Innovation for Nations
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Banks Drag European Stocks Lower Ahead of U.S. Inflation Data
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...
Oil Drops Below $100 on Reserves Release and China Lockdowns
Date: April 11, 2022
By Bozorgmehr Sharafedin LONDON (Reuters) -Oil prices dropped by $4 a barrel on Monday, with Brent crude tumbling below $100 on plans to release record volumes of crude and oil products from strategic stocks and on continuing coronavirus lockdowns in China. Brent crude for June delivery was down $4.29, or 4.2%, at $98.49 a barrel...
Benchmark Treasury Yield Hits 3-yr High; Dollar Index Reaches 100
Date: April 8, 2022
By Caroline Valetkevitch NEW YORK (Reuters) -The U.S. Treasury 10-year yield hit a three-year high above 2.7% on Friday while the U.S. dollar index advanced to 100 for the first time in nearly two years, helped by the prospect of a more aggressive pace of Federal Reserve tightening. U.S. stocks were mixed in choppy early...
European Equity Funds Notch Big Inflows in Week to April 6
Date: April 8, 2022
(Reuters) – European equity funds attracted heavy inflows in the week ended April 6 as the Russia-Ukraine conflict whetted investor appetite for defence and energy stocks, while other regions posted outflows on concerns over unruly inflation. European equity funds received a net $4.84 billion in the period, while U.S. and Asian equity funds faced outflows...