BEIJING (Reuters) -China’s manufacturing activity expanded at the quickest pace in three months in March as factories cranked up production after a brief lull during the Lunar New Year holidays, with improving global demand adding further momentum to a solid economic recovery.FILE PHOTO: An employee works at a production line manufacturing optical fiber cables at a factory of the Zhejiang […]
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LONDON (Reuters) – A new U.S. president with $1.9 trillion to spend, amateur traders taking on seasoned hedge funds, hot oil, digital art selling for tens of millions of dollars and grizzly bears in the bond markets. It has been an eventful start to 2021.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New […]
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Check out the companies making headlines after the bell on Tuesday: Chewy – Shares of the pet-product retailer rose 8% after the company reported fourth-quarter results that topped analyst expectations. Chewy reported earnings per share of 5 cents on revenue of $2.04 billion. Analysts surveyed by Refinitiv expected losses per share of 10 cents on revenue of $1.96 billion. PVH […]
Read more(Updates with company statement, context) SAO PAULO, March 30 (Reuters) – Brazil’s central bank on Tuesday cleared the way for Facebook’s WhatsApp messaging service to let its users send each other funds using the Visa Inc and Mastercard card networks, according to a statement. The central bank had initially suspended WhatsApp’s bid to allow users to send money via chats […]
Read moreAfter coming under pressure early in the session, treasuries regained ground over the course of the trading day on Tuesday. Bond prices climbed well off their worst levels of the day before ending the session nearly unchanged. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, inched up by less than a basis […]
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(Reuters) -British shares rose on Tuesday, boosted by gains in banks and miners on investor optimism over a vaccine-led economic recovery, while Royal Mail climbed after announcing a one-off dividend payment.FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File PhotoThe blue-chip FTSE 100 index was up 0.7%, with […]
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(Reuters) – Global heavy truck manufacturers are lining up technology partners to help build out self-driving systems for long-haul freight that could see widespread commercial service well before self-driving robotaxis.FILE PHOTO: The logo of Volvo is seen on the front grill of a Volvo XC40 SUV displayed at a Volvo showroom in Mexico City, Mexico April 6, 2018. REUTERS/Gustavo Graf/File […]
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BOTOROAGA, Romania (Reuters) – Maria Coanda, aged 81 with a heart condition, should be at the head of the queue in Romania’s priority COVID-19 vaccination programme.Slideshow ( 3 images )But she is still waiting for her first shot in her small southern village of Bujoreni, three months after the start of the scheme. She does not know how to sign […]
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LONDON (Reuters) – The dollar gained against major currencies on Tuesday and climbed to a one-year high against the yen, as accelerating U.S. vaccinations and plans for a major stimulus package stoked inflation expectations and Treasury yields.FILE PHOTO: A picture illustration shows U.S. 100 dollar bank notes taken in Tokyo August 2, 2011. REUTERS/Yuriko NakaoThe safe-haven greenback found support across […]
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