Tag: fast
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Stocks rise after weak US jobs data but bonds resume selling
NEW YORK/LONDON, Oct 2 : Major stock indexes rose and the dollar fell on Friday as expectations for a Federal Reserve interest rate increase later this month fell after softer-than-forecast US jobs data. Yields, however, rose again, as the bond market resumed an ongoing selloff that has seen global yields
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Euroleague to debate NBA tie-up as Europe basketball future hangs in balance
MADRID/NEW YORK/TORONTO Oct 2 : The clock is ticking for the NBA and Euroleague to find common ground in time for a joint launch next year, as the North American titan eyes an expansion across the Atlantic that could alter the ecosystem of European basketball.Euroleague shareholders are due to meet on Monday
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France held to 1-1 draw as Italy dampen Zidane’s home debut
Oct 2 : Zinedine Zidane’s perfect start to life as France manager came to an end when his side were held to a 1-1 draw by Italy in their Nations League meeting at the Stade de France on Friday, where the hosts went down to 10 men in the closing minutes.France had won 1-0 away…
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Oil settles lower after Europe agrees to tap diesel reserves
HOUSTON, Oct 2 : Crude futures finished down after European leaders agreed to US President Donald Trump’s request to release diesel reserves to lower prices and reduce fuel imports from the US. Brent settled down 6 cents, or 0.06 per cent, at $102.25 a barrel. WTI finished down $1.76, or 1.90 per cent, at
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Stocks climb after weak US jobs data, but bonds resume selling
NEW YORK/LONDON, Oct 2 : Major stock indexes rose and the dollar fell on Friday as expectations for a Federal Reserve interest rate hike later this month fell after softer-than-forecast US jobs data. Yields, however, rose again, as the bond market resumed an ongoing selloff that has seen global yields rise
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Dollar set for fourth weekly gain versus euro
NEW YORK, Oct 2 : The dollar was on track for a fourth straight weekly gain against the euro on Friday, supported by elevated US Treasury yields amid a selloff in European government bond markets and expectations the Federal Reserve will maintain its hawkish interest rate stance. The greenback trimmed some
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US FAA says Boeing 737 MAX software glitch poses no safety issue
WASHINGTON, Oct 2 : The Federal Aviation Administration said on Friday a panel of experts had determined a software glitch in some Boeing 737 MAX flight computers pose no safety concern, clearing the way for approval of a larger version of the best-selling narrow body jet.The decision removes a late obstacle
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Brent climbs, WTI down as Europe agrees to release diesel reserves
HOUSTON, Oct 2 : Brent crude futures climbed while US West Texas Intermediate held on to a portion of earlier losses on Friday after European leaders agreed to US President Donald Trump’s request to release diesel reserves to lower prices and reduce fuel imports from the United States. Brent was up 46 ce
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