Analysis: Taliban gains give investors cause for concern beyond Afghanistan

LONDON (Reuters) – The Taliban’s rapid advance towards Kabul is not only causing concern about Afghanistan’s future but also about the impact on other countries in the region and their economies.FILE PHOTO: People wait to cross into Afghanistan, at the Friendship Gate crossing point at the Pakistan-Afghanistan border town of Chaman, Pakistan August 13, 2021. REUTERS/Saeed Ali AchakzaiIran and then […]

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Activist fund Starboard helps data center firm Cyxtera close its valuation gap via SPAC merger

Business: Cyxtera is a global leader in the data center colocation and interconnection services. The company operates a footprint of more than 60 data centers around the world, providing services to more than 2,300 leading enterprises and U.S. federal government agencies. It provides data center, colocation, enterprise application cloud computing, hybrid cloud, cyber security, and analytics solutions to government, enterprises, […]

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China's new locally transmitted COVID cases down for the 4th straight day

People wearing protective masks ride escalators inside a subway station, following new cases of the coronavirus disease (COVID-19), in Shanghai, China August 5, 2021. REUTERS/Aly Song(Reuters) – China on Saturday reported 30 new locally transmitted COVID-19 cases for Aug. 13, down for the fourth consecutive day, offering fresh signs that a month-long outbreak may be waning. The country reported 66 […]

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Reluctant French get Covid vaccination as health pass closes doors

PARIS (Reuters) – Reluctant French people lined up to get vaccinated as authorities were set to get tougher on the mandatory health pass for entering restaurants, trains and public places.FILE PHOTO: A view shows a sign reading “vaccine,” shaped like a dose of coronavirus disease (COVID-19) vaccine, next to a syringe sign at the indoor Velodrome National of Saint-Quentin-en-Yvelines in […]

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Analysis-As Fed shifts gears, shaping consensus gets trickier for Powell

SAN FRANCISCO/WASHINGTON (Reuters) – In his nearly six years on the Federal Reserve’s board of governors before becoming its chair, Jerome Powell never once cast a dissenting vote on monetary policy.FILE PHOTO: Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie/File PhotoThat doesn’t mean he always agreed. His concerns about the U.S. central bank’s continued […]

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European stocks head for record run as summer rally rolls on

LONDON (Reuters) – European stocks hit new highs on Friday and were on course for a record-breaking run, capping another strong week as investors seize on a dip in U.S. inflation and more forecast-beating corporate earnings.FILE PHOTO: A man watches an electric board showing Nikkei index outside a brokerage at a business district in Tokyo, Japan, June 21, 2021. REUTERS/Kim […]

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European stocks set for fourth week of gains

The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany August 12, 2021. REUTERS/Staff(Reuters) – European stocks scaled new highs on Friday and were on track for their fourth consecutive week of gains on optimism over a strong earnings season and steady recovery from the pandemic-led economic downturn. The pan-European STOXX 600 index inched […]

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