FILE PHOTO: A man walks at the Dubai International Financial Centre, almost empty of people, following the outbreak of coronavirus disease (COVID-19), in Dubai, United Arab Emirates, March 18, 2020. REUTERS/Satish KumarDUBAI (Reuters) – Economic recovery from the coronavirus crisis in the oil-rich Gulf region will be slow, weighing on the region’s banking sector, S&P Global Ratings said. Gulf countries […]
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NEW DELHI (Reuters) – India will require e-commerce firms to treat sellers equally on their platforms and ensure transparency, according to a draft policy seen by Reuters on Saturday that follows criticism against business practices of big online companies.FILE PHOTO: People move past a hoarding of Amazon India outside a metro rail station in New Delhi, India, October 23, 2019. […]
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(Reuters) – At least five protesters were killed by security forces in Myanmar, witnesses and media reported, as activists marked the death anniversary on Saturday of a student whose killing in 1988 sparked an uprising against the military government.People take part in a candlelight gathering in Yangon, Myanmar, March 12, 2021, in this still image taken from video obtained by […]
Read moreNAIROBI (Reuters) – African economies are expected to grow by an average of 3.4% this year, the African Development Bank said, as the continent recovers from its worst contraction in half a century.FILE PHOTO: The headquarters of the African Development Bank (AfDB) are pictured in Abidjan, Ivory Coast, January 30, 2020.REUTERS/Luc Gnago/File PhotoThe 54 economies shrank by 2.1% last year, […]
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The bond market is once more the wild card for the stock market. It could rein in any gains in tech or growth stocks if yields continue to rise in the week ahead. The Federal Reserve meets Tuesday and Wednesday. While it's not expected to take any action, it could be a catalyst for a move in yields. Value and […]
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NEW YORK (Reuters) – Investors betting on U.S. energy shares have enjoyed a blistering rally, as the sector leads a move into value and economically sensitive stocks that has gripped the equity market. How much further that run continues could hinge on the success of the economic recovery, supply dynamics in oil markets and whether companies can stay disciplined on […]
Read moreAttorney for Theranos’ Holmes asks for trial delay over coronavirus pandemic Former Theranos CEO Elizabeth Holmes’ attorney has asked to push back her trial date until April 2021 citing coronavirus concerns. FOX Business’ Melissa Francis with more. Theranos founder Elizabeth Holmes’ upcoming trial for alleged felony fraud will be delayed several weeks after attorneys for the prosecution and defense revealed […]
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(Reuters) – Boeing Co unveiled a new order for its 737 MAX on Friday, pushing its shares up 6% as it renews efforts to recapture investor confidence following a two-year safety crisis. The deal to sell 24 of the 737-8 model to a backer of Canadian low-cost carrier Flair Airlines comes after Reuters reported it was poised to win another, […]
Read moreMILAN (Reuters) – Italy’s medicines agency AIFA said on Friday it has approved the use of the COVID-19 vaccine produced by Johnson & Johnson, following the green light from European drugs regulator (EMA) on Thursday. The vaccine is the fourth to be endorsed for use in the European Union after vaccines from Pfizer-BioNTech,, AstraZeneca-Oxford University and Moderna, and is recommended […]
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