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London shares fall as energy stocks weigh
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Soccer-Women’s Euros win propels England to fourth in FIFA rankings
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UK house prices fall for first time in 13 months, Halifax says
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Three new ships with grain leave Ukraine under landmark deal
Russia sentences Griner to 9 years in jail, Biden says it’s unacceptable
Date: August 4, 2022
KHIMKI, Russia (Reuters) -A Russian court sentenced U.S. basketball star Brittney Griner to nine years in prison on Thursday after finding her guilty of deliberately bringing cannabis-infused vape cartridges into Russia, a ruling that President Joe Biden called “unacceptable.” Griner was arrested in mid-February, and her case threw the Texan athlete into the geopolitical maelstrom...
Thomson Reuters raises sales outlook, citing strong core in face of slowdown
Date: August 4, 2022
By Kenneth Li NEW YORK (Reuters) -Thomson Reuters Corp raised its full-year revenue forecast, which it said reflected strength in its legal, tax and accounting and corporates businesses, as it reported a better-than-expected second quarter profit on Thursday. The global news and information company said that it now expects 2022 revenue to increase by 6%,...
Facebook parent Meta makes first-ever bond offering
Date: August 4, 2022
By Nivedita Balu and Shankar Ramakrishnan (Reuters) -Facebook-parent Meta Platforms said on Thursday it would make its first-ever bond offering, at a time when the social media company is making massive investments to fund its virtual reality projects. Meta did not disclose the size of the offering but said it would use the proceeds for...
Glencore shareholders get $4.5 billion windfall as coal prices soar
Date: August 4, 2022
By Clara Denina and Muhammed Husain LONDON (Reuters) – Shareholders in Glencore reaped a multi-billion dollar windfall on Thursday, as the company’s adherence to thermal coal mining at a time of soaring prices of the material generated record profits for the mining and commodity trading group. Unlike rivals which bowed to investor pressure to exit...
Wall Street slides with bond yields as recession worries flare
Date: August 4, 2022
By Kevin Buckland OTTAWA (Reuters) – Wall Street stocks slipped on Thursday while Treasury yields eased with oil as recession worries intensified among investors following the Bank of England’s warning of a drawn-out downturn, which nudged sterling to a one-week low. The S&P 500 lost 0.42% to 4,137 as of 14:43 GMT, following its close...
Dollar slips as before U.S. jobs data as markets digest Fed Hawkishness
Date: August 4, 2022
By Lananh Nguyen NEW YORK (Reuters) – The dollar eased against most major currencies on Thursday as support from the Federal Reserve’s hawkish messaging subsided a day before hotly anticipated U.S. jobs data, even as pessimism about a protracted recession ebbed. The Bank of England on Thursday raised interest rates by the most since 1995,...