LONDON, July 12 (Reuters) – The safe haven dollar ticked up against most currencies on Monday as concerns about the pandemic made investors cautious, while they also awaited more clues about the global economic recovery before making their next moves. With markets hyper-sensitive to any talk of early tapering, U.S. inflation data on Tuesday will be closely watched ahead of […]
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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)Billionaire Richard Branson’s successful trip to space is fueling enthusiasm among investors who see an industry primed for takeoff. What’s happening: The Virgin Galactic (SPCE) founder’s flight over the weekend aboard a spacecraft he helped […]
Read moreFRANKFURT (Reuters) – Buyout group Advent has agreed to sell German coating resins maker Allnex to Thailand’s PTT Global Chemical for around 4 billion euros ($4.75 billion), the companies said on Monday. Allnex, whose products are used in the industrial metal, automotive and packaging industries, has annual revenue of 2 billion euros and employs 4,000 employees worldwide. The deal values […]
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BANGKOK (Reuters) – Thailand’s economy faces significant downside risks and could perform below baseline forecasts, the central bank said on Monday, as the tourism-reliant nation deals with a recent jump in coronavirus infections.FILE PHOTO: A view of Bangkok’s port amid the spread of the coronavirus disease (COVID-19) in Bangkok, Thailand, June 21, 2020. REUTERS/Athit PerawongmethaThailand’s biggest outbreak so far has […]
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FILE PHOTO: A clock face is seen outside of the London offices of the Daily Mail newspaper in London, Britain, April 28, 2018. REUTERS/Toby Melville/File Photo(Reuters) – Daily Mail and General Trust Plc (DMGT) said on Monday the Rothermere family, its largest shareholder, might take the British newspaper private in a 810 million pounds ($1.13 billion) deal, if the sales […]
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TAIPEI (Reuters) -Taiwan’s TSMC and Foxconn said on Sunday they were in the middle of the contract signing process to buy COVID-19 vaccines from Germany’s BioNTech SE, part of a drawn out and highly politicised process for Taiwan to access the shot.FILE PHOTO: Syringes with the Pfizer-BioNTech vaccines to be administered against the coronavirus disease (COVID-19) lie on a tray […]
Read moreFILE PHOTO: European Commission President Ursula von der Leyen attends a plenary session at the European Parliament in Strasbourg, France July 7, 2021. Patrick Hertzog/Pool via REUTERS(Reuters) – The European Union (EU) has delivered enough coronavirus vaccine doses to member states to vaccinate at least 70% of adults, European Commission chief Ursula von der Leyen said in a statement. Von […]
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NEW YORK (Reuters) – Oil prices rose for a second day on Friday as the market reacted to falling U.S. inventories.FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File PhotoSigns of strong Asian demand from both China and India also strengthened the market. […]
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WASHINGTON (Reuters) – The United States is shipping 3 million doses of the Moderna COVID-19 vaccine to Indonesia, with another 1.5 million doses of the Johnson & Johnson vaccine heading to Nepal and 500,000 Moderna doses to Bhutan, a White House official said on Friday.FILE PHOTO: Men sit at a resting area after getting vaccinated against the coronavirus disease (COVID-19) […]
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