(Repeats story first published Tuesday, no changes to text) LONDON, March 10 (Reuters) – A pause in the U.S. dollar’s steep downtrend shows signs of morphing into a more robust rebound, posing a threat to post-pandemic economic recovery and investment flows into emerging markets. The dollar had been weakening, falling 4.4% in the final quarter of 2020, a trend that […]
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(Reuters) – Myanmar security forces surrounded the staff compound of striking railway workers opposed to the military junta on Wednesday as ousted lawmakers appointed an acting vice president to take over the duties of detained politicians.FILE PHOTO: Police stand after they seized Sanchaung district in search of anti-coup demonstrators in Yangon, Myanmar, March 8, 2021. REUTERS/StringerIn New York, the U.N. […]
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NEW YORK (Reuters) – A chunk of President Joe Biden’s coronavirus relief package is poised to end up in the stock market and could provide a boost for GameStop and other stocks embraced by individual investors active in online social media forums.Slideshow ( 2 images )The relief package, which is on track to be signed into law later this week, […]
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BENGALURU (Reuters) – Indian shares rose on Wednesday, extending a rally from the previous session, as Infosys led gains in the heavyweight information technology sector, while auto stocks snapped a five-day losing streak.A broker trades on his computer terminal at a stock brokerage firm in Mumbai, January 20, 2016. REUTERS/Shailesh Andrade/FilesBy 0512 GMT, the blue-chip NSE Nifty 50 index rose […]
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European stocks are expected to open lower Wednesday, as markets lose momentum seen earlier in the week following a rally on Wall Street. London's FTSE is seen opening 42 points lower at 6,698, Germany's DAX 50 points lower at 14,409, France's CAC 40 down 15 points at 5,915 and Italy's FTSE MIB 79 points lower at 23,731, according to IG. European […]
Read moreFox Business Flash top headlines for March 9 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Texas Governor Greg Abbott said on Tuesday he had made correcting "inaccurate excessive charges" billed during the winter freeze by power grid operator Electric Reliability Council of Texas (ERCOT) an emergency matter for the state legislature. GET FOX BUSINESS […]
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FILE PHOTO: A healthcare professional administers a dose of the Pfizer coronavirus disease (COVID-19) vaccine to Dr. Chris Quinn as high-risk workers receive the first vaccines in the state of Victoria’s rollout of the program, in Melbourne, Australia, February 22, 2021. REUTERS/Sandra Sanders/File PhotoSYDNEY (Reuters) – Australia’s pace of COVID-19 immunisation drive is not a cause for concern and the […]
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FILE PHOTO: A worker performs a quality check in the packaging facility of Chinese vaccine maker Sinovac Biotech, developing an experimental coronavirus disease (COVID-19) vaccine, during a government-organized media tour in Beijing, China, September 24, 2020. REUTERS/Thomas Peter/File PhotoMEXICO CITY (Reuters) – Mexico is turning to China to fill a vaccine shortfall with an order for 22 million doses, Foreign […]
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TOKYO (Reuters) – The U.S. dollar remained lower against major rivals on Wednesday after pulling back from multi-month highs as a retreat in Treasury yields reduced the currency’s appeal.FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won/File PhotoRiskier currencies including the Australian and New Zealand dollars held overnight […]
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