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Gains in stocks capped by rise in real yields, Netflix disappoints
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Credit Suisse warns of Q1 loss, shares fall
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Austria says Ukraine war is swelling deficit back to EU’s 3% limit
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Swiss National Bank chairman sees inflation rise as temporary
Earnings boost Wall Street while growth fears sink oil
Date: April 20, 2022
By Pete Schroeder WASHINGTON (Reuters) – U.S. stocks surged Tuesday on the back of stronger than expected corporate earnings, but bleak forecasts on global economic growth pushed up bond yields and drove down oil. The tech-heavy Nasdaq led the way for gains in U.S. markets, as many corporations began to report stronger than expected earnings....
Soccer-Fulham seal Premier League promotion with win over Preston
Date: April 20, 2022
LONDON (Reuters) – Fulham achieved promotion back to the Premier League on Tuesday with a 3-0 home win over Preston North End which guaranteed the London side a top-two finish in the second-tier Championship. League leaders Fulham — who were relegated from the top flight last year — now have 86 points from 42 games....
Biden, Johnson, Trudeau pledge artillery for Ukraine in battle against Russia
Date: April 19, 2022
WASHINGTON (Reuters) -U.S. President Joe Biden, British Prime Minister Boris Johnson and Canadian Prime Minister Justin Trudeau pledged on Tuesday to send more artillery weaponry to Ukraine in the face of an all-out Russian assault on that country’s East. Biden spoke with Johnson, Trudeau and other allied leaders in a secure video call from the...
J&J pulls COVID vaccine sales forecast due to low demand, supply glut
Date: April 19, 2022
By Manas Mishra and Michael Erman (Reuters) -Johnson & Johnson on Tuesday rescinded its forecast for sales of its COVID-19 vaccine, as hesitancy in low income countries has led to a glut of supply of a shot once hoped to be the inoculation of choice for the developing world. The company had previously predicted as...
SSE buys portfolio of wind projects from Siemens Gamesa for 580 million euros
Date: April 19, 2022
By Andres Gonzalez and Isla Binnie MADRID (Reuters) -British renewable power generator and network operator SSE has agreed to buy a portfolio of onshore wind development projects from Siemens Gamesa, the company said on Tuesday confirming a Reuters report. SSE Plc will pay 580 million euros ($626 million) for the wind farm projects, which have...
Halliburton’s profit jumps, outlook improves as drilling activity increases
Date: April 19, 2022
By Liz Hampton and Rithika Krishna (Reuters) -Oilfield services firm Halliburton Co on Tuesday posted an 85% rise in first-quarter adjusted profit and raised its forecast for customer spending in North America as a rally in oil and gas prices boosted demand. Halliburton said it anticipates North American spending to grow by 35% this year...