A look at the day ahead in U.S. and global markets from Mike Dolan. With an anxious look at China’s worsening COVID surge, the U.S. dollar appears revitalized just as speculators turn against it[...]
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UK
China’s COVID woes keep European stocks under pressure
(Reuters) – European shares slipped on Monday, with economically sensitive sectors like mining and industrials leading the losses on worries about the impact of surging COVID-19 cases in China.[...]
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Exxon says Britain’s Fawley oil refinery unaffected by strike
(Reuters) – Exxon Mobil said on Monday that its 390,000 barrel per day (bpd) Fawley oil refinery in southern England is unaffected by strike action. “Operations at Fawley are unaffected an[...]
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FTX shows need to regulate crypto before it gets big, says Bank of England
LONDON (Reuters) – The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory framework, Bank of England Deputy Governor Jon Cunliffe said on Mon[...]
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StanChart sees Asia, Middle East as bright spots in weak global economy
By Anshuman Daga SINGAPORE (Reuters) – Standard Chartered expects Asia and the Middle East to outperform other regions even as spiralling inflation and a spike in borrowing costs risk tipping ma[...]
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Take Five: Black Friday test
(Reuters) – The most important day for U.S. retailers is here and questions are rife on whether king dollar is set to lose its crown. Global purchasing managers data will shine a light on the he[...]
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Chinese carmakers target more European sales with five-star EVs
By Nick Carey SOLIHULL, England (Reuters) – Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers with more affordable cars th[...]
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Marketmind: Bulls take cover
A look at the day ahead in European and global markets from Anshuman Daga: Enthusiasm over recent moves by Chinese authorities to adjust the country’s zero-COVID policy is giving way to renewed[...]
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Warren Buffett’s Berkshire warns about crypto website using its name
(Reuters) – Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a purported cryptocurrency brokerage website using the Berkshire Hath[...]
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