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Renewables funds see record outflows as rising rates, costs hit shares
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Investors on guard for oil price spike as Middle East turmoil rattles markets
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GSK signs shingles vaccine deal with China’s Zhifei for around $3 billion
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UK’s FTSE 100 outperforms peers as oil majors jump on Middle East conflict
Oil, gold jump, stocks slip on Middle East conflict
Date: October 9, 2023
Oil, gold jump, stocks slip on Middle East conflict By Caroline Valetkevitch NEW YORK (Reuters) -Oil prices jumped more than 4%, the U.S. dollar edged up against the euro and global stock indexes eased on Monday as military clashes between Israel and the Palestinian Islamist group Hamas raised fears that the conflict could spread beyond...
European stocks slip amid Middle East conflict jitters
Date: October 9, 2023
European stocks slip amid Middle East conflict jitters By Sruthi Shankar, Shristi Achar A and Siddarth S (Reuters) – European stocks came under pressure on Monday as Mideast military clashes sparked a rush to safe-haven assets such as bonds and gold, while boosting oil prices more than 3%. The pan-European STOXX 600 index edged 0.3%...
Amazon UK to spend 170 million stg on staff pay rises
Date: October 9, 2023
Amazon UK to spend 170 million stg on staff pay rises LONDON (Reuters) -Amazon UK will spend 170 million pounds ($207 million) on two pay rises for its frontline operations staff over the next six months in a move which could catch the attention of the Bank of England which is keeping a close eye...
Metro Bank shares jump after deal to bolster finances
Date: October 9, 2023
Metro Bank shares jump after deal to bolster finances By Iain Withers LONDON (Reuters) -Shares in Metro Bank jumped in early trading on Monday, after the embattled British lender struck a fundraising deal overnight to bolster its balance sheet following urgent weekend talks in the wake of volatile trading. Metro announced a 325-million-pound ($396-million) capital...
Drop in euro zone investor mood slows in October – survey
Date: October 9, 2023
Drop in euro zone investor mood slows in October – survey BERLIN (Reuters) – Investor morale in the euro zone fell less than expected at the start of October, with Germany’s economic weakness continuing to drag on the region but expectations rising slightly, a survey showed on Monday. Sentix’s index for the euro zone declined...
Apollo, JB Capital preparing bid for Vodafone’s Spanish unit, Expansion says
Date: October 9, 2023
Apollo, JB Capital preparing bid for Vodafone’s Spanish unit, Expansion says MADRID (Reuters) – U.S.-based buyout fund Apollo Global Management is readying a bid with local fund JB Capital for the Spanish unit of telecom giant Vodafone, the Expansion newspaper reported on Monday citing unidentified sources with knowledge of the matter. The news about a...