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Citi cuts U.S. stocks to “neutral” on bearish Treasury view
LONDON (Reuters) - U.S. inflation-adjusted "real" yields will rise around 70 basis points from current record lows around -1.2% by year-end, Citi said on Wednesday, citing this as a reason to cut its ...
Syndicated Content Aug 04, 2021
Thai hospital tycoon who promised Pfizer vaccine says deal now unlikely
BANGKOK (Reuters) - The chair of Thailand's Thonburi Healthcare Group (THG) said on Wednesday that a deal to import 20 million doses of the Pfizer-BioNTech COVID-19 vaccine was unlikely to happen, des...
Syndicated Content Aug 04, 2021
Marketmind: Peaks everywhere
(Refiles to fix chart, no changes to text) A look at the day ahead from Danilo Masoni. Equity markets continue to rally as if there were no tomorrow, shrugging off COVID-19 and signs of slowing econom...
Syndicated Content Aug 04, 2021
ByteDance rival Kuaishou to end services of short video app Zynn this month
BEIJING (Reuters) - ByteDance rival Kuaishou Technology said on Wednesday it would stop services of its short video app Zynn on Aug. 20. The termination of Zynn is part of its normal operations, and t...
Syndicated Content Aug 04, 2021
UK’s Taylor Wimpey raises annual outlook, swings to H1 profit
(Reuters) - UK homebuilder Taylor Wimpey Plc on Wednesday joined bigger rivals in forecasting sustained demand in the medium term and returned to a half-year profit as Britain's housing sector boom st...
Syndicated Content Aug 04, 2021
Rolls-Royce agrees sale of Norway’s Bergen for $131 million
LONDON (Reuters) - Rolls-Royce said it agreed to sell its Norwegian maritime engine business Bergen to UK-based Langley Holdings, in a deal which will boost the British aero-engine maker's finances by...
Syndicated Content Aug 04, 2021
Rothschild-backed RIT co-leads funding for crypto platform Aspen Digital
By Abhinav Ramnarayan LONDON (Reuters) - RIT Capital Partners, the investment trust founded by Jacob Rothschild, is co-leading a funding round for crypto investment platform Aspen Digital intended to ...
Syndicated Content Aug 04, 2021
Honda swings to Q1 operating profit, trounces estimates
TOKYO, August 4 (Reuters) - Honda Motor Co swung on Wednesday to a first-quarter operating profit of 243.21 billion yen ($2.23 billion) from a 113.7 billion loss a year ago as car sales recovered from...
Syndicated Content Aug 04, 2021
Sony posts 26% rise in Q1 operating profit on pandemic-led PS5 demand
TOKYO (Reuters) - Sony Corp on Wednesday reported a 26.3% rise in first-quarter operating profit, benefiting from lingering pandemic-led demand for its PlayStation 5 games console. Operating profit fo...
Syndicated Content Aug 04, 2021
Thales to sell signalling business to Hitachi in $2 billion deal
PARIS (Reuters) - Thales, Europe's largest defence electronics company, confirmed on Wednesday it was in advanced talks to sell its railway signalling business to Japan's Hitachi in a deal that values...
Syndicated Content Aug 04, 2021
Peoria, IL, USA
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