* BBVA Q1 net profit rises to 1.21 bln vs 905 mln forecast * NII drops 14% pressured by low interest rates, Turkey * Sabadell’s Q1 net profit falls 22% but beats forecasts * Sabadell’s UK unit TSB swings back to Q1 profit (Adds details on BBVA, adds Sabadell’s profit) MADRID, April 30 (Reuters) – BBVA’s profit returned to pre-pandemic […]
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TOKYO (Reuters) – World stocks held near a record high as strong U.S. economic data, robust corporate earnings and the Federal Reserve’s commitment to continue supporting the economy fuelled investors’ appetite for risk.FILE PHOTO: A man stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China January 6, […]
Read more* March output posts surprise rise as car output jumps * Manufacturers see output up in April, down in May * March unemployment rate 2.6%, jobs/applicants ratio 1.10 TOKYO, April 30 (Reuters) – Japan’s industrial output posted a surprise increase in March, as a jump in car production helped keep an economic recovery from last year’s deep coronavirus slump on […]
Read moreChiefs player who converted entire salary to bitcoin ‘OK’ with volatility of crypto Kansas City Chiefs tight end Sean Culkin discusses converting his full salary into bitcoin. Ethereum hit a new record high on Thursday, while Bitcoin, the world's biggest cryptocurrency, was holding steady and struggled to move higher. The move is viewed as a broadening out of investor interest […]
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(Reuters) – The S&P 500 hit an intra-day record high on Thursday, fueled by gains in Facebook following its strong earnings report, while investors awaited upcoming results from Amazon.FILE PHOTO: A trader walks outside the New York Stock Exchange in New York City, U.S., April 26, 2021. REUTERS/Shannon StapletonFacebook Inc jumped over 6% to an all-time high after beating market […]
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(Reuters) – Former U.S. President Donald Trump on Thursday criticized the federal investigation into Rudy Giuliani and said he had no idea what U.S. agents were looking for when they searched his former personal lawyer’s Manhattan apartment and office.FILE PHOTO: Former New York City Mayor Rudy Giuliani speaks alongside U.S. President Donald Trump during remarks to the City of New […]
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ISLAMABAD (Reuters) -Pakistan has purchased 13 million doses of COVID-19 vaccine from three Chinese companies and expects to receive them in the next two months, its health minister said on Thursday.FILE PHOTO: A resident receives a dose of coronavirus disease (COVID-19) vaccine, at a vaccination center in Karachi, Pakistan March 22, 2021. REUTERS/Akhtar SoomroThe vaccines were procured from Sinopharm, CanSinoBio […]
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PARIS (Reuters) – U.S. President Joe Biden’s plans to raise taxes on corporate America could put an end to a four-decade global drop in corporate taxation levels.FILE PHOTO: President Joe Biden addresses a joint session of Congress in Washington, U.S., April 28, 2021. Melina Mara/Pool via REUTERSGovernments worldwide are desperate to raise extra revenue to rebuild their pandemic-ravaged economies and […]
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Non-fungible tokens are roaring back to life after a period of cooling off and a 70% price slump. Jefferies, which recently hosted several panels on NFTs, shares the key opportunities in the space. It also names 14 stocks that have exposure to the NFT opportunity as it becomes more mainstream. See more stories on Insider’s business page. Just as investors […]
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