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Fed's Powell says it's time to taper bond purchases, but not raise rates
 News photo Reuters:
Fed's Powell says it's time to taper bond purchases, but not raise rates


15 hours ago

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European and Asian motorists may have to contend with high petrol and diesel costs for months to come as a rise in crude prices, resurgent fuel demand and taxes drive up prices at the pump to or near record peaks
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Reuters  |  3 hours ago

From @Breakingviews: Labor cost is the problem when it comes to businesses like 10-minute grocery delivery startups, says @KarenKKwok
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Reuters  |  5 hours ago

Dow posts record closing high, stocks gain for 3rd week; dollar dips
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Reuters  |  7 hours ago

The S&P 500 snapped its seven-day winning streak after Federal Reserve Chair Jerome Powell’s discussion of tapering made investors skittish. More here:
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Reuters  |  7 hours ago

UK to boost regional transport funds as part of levelling up plan
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Reuters  |  8 hours ago

Beyond Meat cut its third-quarter revenue forecast, blaming a host of factors including a labor shortage that led to delays in restocking shelves, sending its shares down 15%
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Reuters  |  8 hours ago

From @Breakingviews: Investors are rushing to pour billions of dollars into 10-minute grocery delivery startups, but can they ever turn profitable? @KarenKKwok discusses
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Reuters  |  9 hours ago

Wall St Week Ahead Tech giants' earnings may be another test for markets at new highs
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Reuters  |  9 hours ago

Exxon to close two Houston-area office towers after staff departures
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Reuters  |  11 hours ago

Time for Fed to taper bond purchases but not to raise rates, Powell says
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Reuters  |  11 hours ago

Lyft received more than 4,000 sexual assault reports on its ride-hailing platform between 2017 and 2019, as the company detailed the data in a safety report it had promised to publish about two years ago. Read more
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Reuters  |  11 hours ago

Data group S&P gains EU nod for $44 bln IHS takeover
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Reuters  |  11 hours ago

Forty-five billion is PayPal's reported bid for Pinterest. If the deal goes through at that price, it would be the biggest-ever acquisition of a social media company. This is the Week in Numbers 👇
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Reuters  |  12 hours ago

Breakingviews - Trump SPAC is the last thing U.S. watchdogs need
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Reuters  |  12 hours ago

From @Breakingviews: Investors are pouring billions of dollars into startups like Getir and GoPuff that promise to get ice cream and chips to your doorstep in 10 minutes. Can they also hand over a profit? @KarenKKwok says yes, but not until delivery robots
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Reuters  |  13 hours ago

U.S. budget deficit in September smallest since January 2020, Treasury says
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Reuters  |  13 hours ago

Snap shares were down nearly 20%, casting a shadow over other ad-dependent social media firms that will report earnings results next week, dragging down shares of Facebook, Twitter, and Google’s parent Alphabet
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Reuters  |  13 hours ago

EXCLUSIVE U.S. utility Duke in advanced settlement talks with Elliott -sources
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Reuters  |  13 hours ago

U.S. stock options traders see smooth sailing as Fed taper looms
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Reuters  |  13 hours ago

Breakingviews - Snap is better off without the rose-tinted filters
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Reuters  |  14 hours ago

Generali closer to controlling Cattolica after Buffett tenders shares - source
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Reuters  |  14 hours ago

SoftBank is set to sell its robotics business to Germany's United Robotics, according to sources and documents reviewed by Reuters, scaling back a business it once touted as a major growth driver
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Reuters  |  14 hours ago

Many small business owners in South Korea recognize themselves in the cash-strapped characters of the wildly popular Netflix drama 'Squid Game', who vie desperately for a chance to win $38 million, exposing a debt trap that is all too familiar
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Reuters  |  15 hours ago

Stocks near flat but on track for a 3rd week of gains; dollar weakens
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Reuters  |  15 hours ago

Italy, UniCredit in deadlock over MPS as deadline nears
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Reuters  |  15 hours ago

S&P gains EU antitrust approval for $44 bln IHS deal
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Reuters  |  16 hours ago

Evergrande watchers have been denied a grand finale to the saga of the world’s most indebted property developer, with the company paying off an overdue debt coupon worth $83.5 million, but its woes are far from over
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Reuters  |  16 hours ago

AmEx touts appeal among young users after profit beats on spending recovery
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Reuters  |  16 hours ago

One trillion might soon be Elon Musk's net worth making him the world's first trillionaire. This, and more of the big numbers in business from the past week 👇
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Reuters  |  16 hours ago

Honeywell cuts full-year sales target on parts shortage
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Reuters  |  16 hours ago

From @Breakingviews: 10-minute grocery delivery startups will keep investors waiting, says @KarenKKwok
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Reuters  |  17 hours ago

Unless Evergrande takes quick steps for an orderly restructuring of its debt pile and steps up asset sales, its last-minute bond interest payment this week will do little to shore up creditors' support for the developer, analysts and lawyers said
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Reuters  |  17 hours ago

Among the five market themes to watch this week, the European Central Bank (ECB) ponders how sticky inflation is, Evergrande’s troubles appear far from over despite a reprieve and bitcoin is back for a rollercoaster ride
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Reuters  |  18 hours ago

Renault said its production losses in 2021 would be far larger than previously forecast because of a global semiconductor chip shortage, but maintained its profit outlook on high car pricing and cost cuts
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Reuters  |  19 hours ago


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