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U.S. stocks churn while yields rise, Fed in focus

U.S. stocks churn while yields rise, Fed in focus

Register now for FREE unlimited access to Reuters.com Register Fed looms over broader markets Intervention risk keeps dollar short of 145 yen barrier NEW YORK, Sept 15 (Reuters) – Wall Street indexes were in the red after Thursday’s choppy trading session while bond yields rose and the dollar made little progress as investors digested stronger-than-expected …

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Biden, unions, rail executives struggle for deal as shutdown looms

Biden, unions, rail executives struggle for deal as shutdown looms

DETROIT/LOS ANGELES, Sept 14 (Reuters) – Biden administration officials hosted labor contract talks late on Wednesday to avert a potential rail shutdown that could disrupt cargo shipments and impede food and fuel supplies, but one small union rejected a deal and Amtrak canceled all long-distance passenger trips. Railroads including Union Pacific (UNP.N), Berkshire Hathaway’s (BRKa.N) …

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Biden hops into Corvette, declares Detroit 'back' at EV-focused auto show

Biden hops into Corvette, declares Detroit ‘back’ at EV-focused auto show

Register now for FREE unlimited access to Reuters.com Register DETROIT, Sept 14 (Reuters) – President Joe Biden took a victory lap on Wednesday at the Detroit auto show as he highlighted automakers’ electric-vehicle push, including billions of dollars in investments in battery plants, on the back of new government support. Self-declared “car guy” Biden climbed …

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Stocks fall on Fed rate hike bets, yen hits fresh 24-year low

Stocks fall on Fed rate hike bets, yen hits fresh 24-year low

Register now for FREE unlimited access to Reuters.com Register LONDON, Sept 7 (Reuters) – European stock markets fell on Wednesday after U.S. economic data prompted traders to ramp up Federal Reserve rate hikes bets, pushing the dollar to a 24-year high against the Japanese yen. U.S. Treasury yields jumped and the dollar received a boost …

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Shares choppy, U.S. yields fall as investors digest Fed minutes

Shares choppy, U.S. yields fall as investors digest Fed minutes

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Shanghai Composite index, Nikkei index and Dow Jones Industrial Average outside a brokerage in Tokyo, Japan, March 7, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register Wall Street indexes trade down Yield curve …

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Wall Street rallies on economic data, crude falls as stockpiles jump

Five Chinese state-owned companies to delist from NYSE

SHANGHAI/HONG KONG, Aug 12 (Reuters) – Five Chinese state-owned firms including China Life Insurance (601628.SS) and oil giant Sinopec (600028.SS) said Friday they would delist from the New York Stock Exchange, amid heightened diplomatic and economic tensions with the United States. The companies, which also include Aluminium Corporation of China (Chalco) (601600.SS), PetroChina (601857.SS) and …

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Stocks, oil higher as China relaxes quarantine rules

Stocks, oil higher as China relaxes quarantine rules

LONDON, June 28 (Reuters) – Global shares were higher on Tuesday while oil prices firmed following China’s decision to ease some quarantine requirements for international arrivals that raised hopes for stronger growth and a revival in demand for commodities. China slashed the quarantine time for inbound travellers by half in a major easing of one …

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Stocks stage small bounce as investors weigh cenbanks' next moves

Stocks stage small bounce as investors weigh cenbanks’ next moves

LONDON, June 20 (Reuters) – Stock markets chalked up modest gains on Monday after last week’s hefty losses as investors braced for a host of U.S. Federal Reserve speakers this week, where they could underline a commitment to fight inflation whatever rate pain required. Trading was thinned by a U.S. holiday. The euro was little …

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Ferrari says going electric means 'even more unique' cars

Ferrari says going electric means ‘even more unique’ cars

Plans to launch 15 new models between 2023-2026 Fully-electric cars to make up 40% of sales in 2030 Expects to invest 4.4 bln euros by 2026 Sees EBITDA of 2.5-2.7 bln euros by 2026 MARANELLO, Italy, June 16 (Reuters) – Electric and hybrid models should make up 80% of Ferrari’s (RACE.MI) sales by 2030, the …

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