A screen grab shows an emergency vehicle as people arrive at a hospital after an attack at Kabul airport, in Kabul, Afghanistan August 26, 2021. REUTERS TV/via REUTERSCAIRO (Reuters) -Islamic State claimed responsibility for a deadly attack outside Kabul airport on Thursday, the group’s Amaq News Agency said on its Telegram channel. A suicide bomber from the Islamist militant group […]
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The three major U.S. indexes were giving back some of the gains they put up on Tuesday and managed to hold onto Wednesday. The second estimate of second-quarter gross domestic product growth came in at 6.6%, up from an initial 6.5% growth estimate. The weekly report on new claims for unemployment came in at 353,000, continuing a run at fewer […]
Read moreAug 26 (Reuters) – Bank of America Corp Vice Chairman Anne Finucane and Chief Operating Officer Thomas Montag will retire from their positions, the bank said in a statement on Thursday. Both Finucane and Montag will remain in their roles until the end of the year, BofA said, with succession plans set to be announced in the coming weeks. Finucane […]
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(Reuters) -European shares ended lower on Thursday after data showed faltering German consumer morale amid rising COVID-19 cases, while investors fretted over U.S. monetary policy ahead of the Jackson Hole symposium.FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany August 13, 2021. REUTERS/StaffThe pan-European STOXX 600 index fell 0.3%, with mining […]
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LONDON (Reuters) – World shares tapped the brakes on Thursday as China troubles struck again, while Europe’s bond markets steadied after confident-sounding ECB policymakers had caused their sharpest selloff in six months.FILE PHOTO: Investors look at computer screens showing stock information at a brokerage house in Shanghai, China, April 21, 2016. REUTERS/Aly Song//File PhotoThe Federal Reserve’s annual Jackson Hole policy […]
Read more(Corrects last para to add reference on Trump removing tariffs) DUBAI (Reuters) -Emirates Global Aluminium (EGA) is weighing a potential initial public offering next year, sources said, in what could be one of the biggest share sales in the United Arab Emirates in recent years. EGA, one of the world’s largest aluminium producers, is examining proposals from banks which pitched […]
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TOKYO (Reuters) – The dollar held near a one-week low on Thursday amid optimism the Delta coronavirus variant won’t derail a global economic recovery, with investors now eyeing the Fed’s Jackson Hole symposium for clues on the timing of a tapering of monetary stimulus.FILE PHOTO: A U.S. dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/IllustrationThe […]
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Reliance Industries was the top gainer in the Sensex pack, rising around 1%, followed by HCL Tech, Bajaj Finserv, Asian Paints, Bajaj Auto, Bajaj Finance and L&T. Equity benchmark indices Sensex and Nifty opened on a choppy note on August 26, tracking a weak trend in Asian equities and sustained foreign fund outflow. After opening on a negative note, the […]
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(Reuters) – Wall Street is screeching to yet another all-time high, just as the Fed’s Jackson Hole symposium is set to address wealth inequality and the central bank’s role in fueling asset price inflation is once again coming under harsh scrutiny.FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. […]
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