Stock Market
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European stocks are mixed; keep an eye on Eurozone CPI.
Investors digested the minutes from the latest Federal Reserve meeting on Thursday before Eurozone inflation data for July. By 03:55…
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Australia’s highest court says that Google is not responsible for slander.
Sydney (Reuters) – On Wednesday, Australia’s highest court overturned a ruling that said Google was guilty of defamation because it…
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Carlsberg beer sales are strong despite increased costs.
Reuters: Carlsberg (OTC:CABGY) said increasing raw material prices will hurt profitability in the second half of the year. The world’s…
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U.K. inflation tops 10%; European stock futures increase.
European stock markets are set to open higher Wednesday, but gains could be restricted by Eurozone growth statistics. German DAX…
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Dubai Airport sees a rise in the number of passengers and raises its annual forecast.
Dubai (Reuters) – The company that runs Dubai International Airport said on Wednesday that more than 14 million people went…
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China’s economic planner: China will increase economic demand and infrastructure.
Reuters: China will increase economic demand and infrastructure construction in the third quarter, state planners said Tuesday. The comments followed…
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Soaring coal prices propelled BHP to its greatest profit in 11 years.
(Reuters) -BHP Group Ltd reported record profits on Tuesday, boosted by higher coal and other commodity prices, and declined to…
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Thailand’s economy will grow despite a poor second quarter, according to the central bank.
Reuters: The Thai central bank said Tuesday that despite a weaker-than-anticipated second quarter, the economy is expected to improve as…
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The Philippines’ central bank will raise rates by 50 bps on Thursday. Poll Reuters
A Reuters poll predicts the Philippine central bank will raise rates again on Thursday and in September to catch up…
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Elliott Management has sold off the last of its SoftBank shares.
(Reuters) -The Financial Times reported on Tuesday, citing unnamed sources, that Elliott Management, an activist investor, has sold almost all…
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