People walk past by closed shops at deserted Mahmutpasa street, a popular middle-class shopping district, during a nationwide “full closure” imposed to slow the rate of the coronavirus disease (COVID-19) contagion in Istanbul, Turkey April 30, 2021. REUTERS/Murad SezerANKARA (Reuters) – Turkey logged 394 coronavirus-related deaths in the last 24 hours, its biggest ever daily toll, data from the Health […]
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HOUSTON (Reuters) – Chevron Corp’s first-quarter profit fell 29% from the same period a year ago as gains from oil and gas prices were undercut by weaker refining margins, production losses and the impact of an asset sale that benefited results last year.FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California, April 25, 2013. Chevron will […]
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FILE PHOTO: Patients suffering from the coronavirus disease (COVID-19) are seen inside the ICU ward at Holy Family Hospital in New Delhi, India, April 29, 2021. REUTERS/Danish SiddiquiNEW DELHI (Reuters) – India’s coronavirus cases may peak between May 3-5, according to a mathematical model of a team of scientists advising the government, a few days earlier than a previous estimate […]
Read moreApril 30 (Reuters) – Investments into global money market funds surged to the highest in a year in the week ended April 28, on worries about rising coronavirus cases and the possibility of the Federal Reserve scaling back its huge quantitative easing programme. Global money market funds received a net inflow of $69.16 billion, the biggest since April last year, […]
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The futures were lower on Friday, as we hit the final trading day for April. Investors cheered some huge big technology earnings, and after a third of the S&P 500 having reported this week, we will start to see a slowdown in the earnings onslaught as we begin May. All the indexes except the Russell 2000 printed gains Thursday, with […]
Read moreApril 30 (Reuters) – Sri Lankan shares ended lower on Friday, hurt by losses in industrial stocks. * The CSE All-Share Index fell 0.12% to close at 7,208.20 points. The index was up 6.4% for the year. * Insurance underwriter Ceylinco Insurance Plc and conglomerate Expolanka Holdings Plc were the top drags on the index, falling 7.73% and 2.93%, respectively. […]
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LONDON (Reuters) – The U.S. dollar was on course to narrowly avoid a fourth straight weekly decline against a basket of major peers on Friday, as analysts said profit-taking on dollar short positions was helping lift the currency.FILE PHOTO: A U.S. Dollar banknote is seen in this illustration taken May 26, 2020. REUTERS/Dado Ruvic/IllustrationThe dollar index was set to end […]
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FILE PHOTO: Chinese President Xi Jinping attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 17, 2017. REUTERS/Ruben Sprich TPX IMAGES OF THE DAY/File PhotoBEIJING (Reuters) – Chinese President Xi Jinping offered to help India fight against the coronavirus pandemic, state media reported on Friday. Xi also expressed his condolences to Indian Prime Minister Narendra Modi. “China […]
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Ripple CEO Brad Garlinghouse said the lack of clarity in U.S. regulation of cryptocurrencies is "frustrating." Known for the cryptocurrency XRP, the fintech company has been caught in a high-stakes legal tussle with the U.S. Securities and Exchange Commission since last year. In December, the SEC filed charges against the firm, Garlinghouse and a Ripple co-founder, alleging they raised more […]
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