By Foo Yun Chee BRUSSELS (Reuters) -U.S. gene sequencing company Illumina’s plan to divest cancer diagnostic test maker Grail received the green light from EU antitrust regulators on Friday afte[...]
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April 12, 2024
BlackRock assets hit record $10.5 trillion as markets surge
By Arasu Kannagi Basil and Davide Barbuscia (Reuters) -Assets at BlackRock hit a record $10.5 trillion in the first quarter and the firm posted a 36% jump in profit as rising global equity markets boo[...]
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China’s March exports and imports shrink, miss forecasts by big margins
By Ellen Zhang and Joe Cash BEIJING (Reuters) – China’s March exports contracted sharply, while imports also unexpectedly shrank, both undershooting market forecasts by big margins, custom[...]
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US consumer sentiment slips in April; inflation expectations rise
WASHINGTON (Reuters) – U.S. consumer sentiment ebbed in April while inflation expectations for the next 12 months and beyond increased, a survey showed on Friday. The University of Michigan[...]
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Exclusive-Russian oil and products trapped on tankers hit by new Iran-related sanctions
MOSCOW/LONDON (Reuters) – Russian oil and products have become trapped at sea on four tankers after the United States hit the vessels with fresh Iran-related sanctions, LSEG data showed on Frida[...]
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US equity funds see outflows as rate cut hopes fade
(Reuters) – U.S. equity funds witnessed outflows for a second successive week in the seven days to April 10 as investors weighed the possibility of the Federal Reserve keeping rates higher for l[...]
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Nike bosses plan ‘biggest’ Olympics spend as marketing ramps up
By Helen Reid PARIS (Reuters) – Nike is spending more on this Olympics than any previous Games, top executives said on Friday, as the U.S. sportswear brand embarks on a marketing push it hopes w[...]
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Analysis-Europe’s economic divergence with US is real but has its limits
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – Inflation in the euro zone is different to that in the United States, much as ECB President Christine Lagarde insists, but the bloc w[...]
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Apple loses bid to throw out UK lawsuit over App Store fees
By Sam Tobin and Martin Coulter LONDON (Reuters) -Apple’s bid to dismiss a lawsuit valued at nearly $1 billion was rejected on Friday, with a judge ruling it must face allegations it charged mor[...]
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