By Ron Bousso, Shadia Nasralla and Sarah McFarlane LONDON (Reuters) – BP hasn’t fallen out of love with renewables. It just wants to have more power. CEO Bernard Looney’s pursuit of[...]
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March 7, 2023
Most Asian equities see outflows in Feb as rate-hike jitters weigh
By Gaurav Dogra (Reuters) – Most emerging Asia ex-China equity markets witnessed foreign outflows in February as strong U.S. economic data stirred worries that the Federal Reserve would keep int[...]
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Citigroup expects ECB to take deposit rate to 4% by July this year
(Reuters) – Citigroup expects the European Central Bank to hike rates by 50 basis points each in March and May to push its policy rates to about 4% by July. Economists led by Arnaud Marès said t[...]
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China Jan-Feb exports, imports slump again as global demand falters
By Joe Cash and Ellen Zhang BEIJING (Reuters) -A fall in China’s exports for the January-February period pointed to continued weakness in demand for the country’s products, backing governm[...]
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Japan’s real wages drop at fastest pace since 2014 as hot inflation takes toll
By Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) – Japan’s real wages fell the most in nearly nine years in January, official data showed, as four-decade-high inflation squeezed the[...]
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California to not do business with Walgreens over abortion pills issue- Governor
(Reuters) -California will not do business with Walgreens Boots Alliance Inc, state Governor Gavin Newsom said in a tweet on Monday, days after the pharmacy chain said it would not dispense abortion p[...]
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Australia’s sovereign wealth fund screening for Chinese firms at risk of US bans
By Lewis Jackson SYDNEY (Reuters) – Australia’s sovereign wealth fund, the Future Fund, is screening its portfolio for Chinese companies at risk of U.S. investment restrictions, its chairm[...]
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S&P 500 ends slightly higher ahead of Powell testimony, upcoming data
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) – The S&P 500 made little progress on Monday, closing slightly higher than its session low as U.S. Treasury yields pulled higher with inves[...]
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Push to give Biden new powers to ban TikTok moves ahead in Congress
By David Shepardson WASHINGTON (Reuters) – Two U.S. senators said on Monday their efforts to tackle foreign technology threats were advancing and they will on Tuesday unveil legislation aimed at[...]
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