Global stocks headed for their first weekly gain in three weeks amid a surge in commodity prices, while traders braced for a U.S. jobs report later on Friday that could provide clues on when the Federal Reserve will ease back on monetary stimulus.European stocks opened higher, with the pan-European STOXX 600 index (.STOXX) hitting a…
British construction activity expanded quickly last month, almost matching the six-and-a-half-year record struck in March as a lifting of coronavirus lockdown measures boosted new orders, a survey showed on Friday.The IHS Markit/CIPS Construction Purchasing Managers’ Index (PMI) eased to 61.6 in April from 61.7 in March, despite the survey’s gauge of new orders rising to…
Taiwan’s exports rose for a 10th straight month in April, and far exceeded expectations, as global demand for microchips and hi-tech gadgets remained strong in the work-from-home COVID-19 pandemic boom, and the outlook looks robust.
Australian investment bank Macquarie Group reported a 10.6% rise in annual profit, as its commodities trading arm benefited from a surge in electricity prices following a U.S. winter storm that knocked out power for millions.
Automatic Data Processing Inc is suing its former chief strategy officer, Matthew Levin, who was named chief executive of benefit software company Benefitfocus Inc this week, accusing him of stealing trade secrets.
Chicago Mercantile Exchange lean hog and live cattle futures climbed on Thursday as U.S. wholesale prices increased.
A vial of AstraZeneca coronavirus vaccine is seen at a vaccination centre in Westfield Stratford City shopping centre, amid the outbreak of coronavirus disease (COVID-19), in London, Britain, February 18, 2021. REUTERS/Henry Nicholls/File PhotoBritain’s medicine regulator on Thursday said there was some evidence that uncommon blood clots linked to AstraZeneca’s (AZN.L) COVID-19 vaccine occurred more…
FILE PHOTO: Dallas Federal Reserve Bank President Robert Kaplan speaks during an interview in his office at the bank’s headquarters in Dallas, Texas, U.S. January 9, 2020. REUTERS/ Ann Saphir(Reuters) – Dallas Federal Reserve Bank President Robert Kaplan on Thursday said he wants the central bank to start talking about reducing policy accommodation “sooner rather…
Remitly Inc has hired investment banks to prepare for an initial public offering (IPO) in New York this year that could value the U.S. remittance payments processor at around $5 billion, people familiar with the matter said on Thursday.It would be a significant jump from the $1.5 billion valuation the Seattle-based company attained in its…
A man receives a dose of COVISHIELD, a coronavirus disease (COVID-19) vaccine manufactured by Serum Institute of India, at a vaccination centre in Mumbai, India, May 6, 2021. REUTERS/Niharika KulkarniThe International Monetary Fund said on Thursday the recent jump in COVID-19 cases in India posed downside risks to the Fund’s April forecast for 12.5% growth…
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