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Dollar Loses Ground Against Rivals As Traders Await More Data
The U.S. dollar drifted lower against its major counterparts on Monday as investors looked ahead to the release of some crucial economic data this week for more clarity abut the Federal Reserve's interest rate moves.
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Canadian Stocks Turning In Mixed Performance In Lackluster Trade
The Canadian market is turning in a mixed performance on Monday with investors largely making cautious moves, looking for directional clues.
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Swiss Market Ends Slightly Up
The Switzerland stock market ended slightly up on Monday after a choppy session.
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European Stocks Close Flat After Lackluster Session
European stocks closed flat after a choppy ride on Monday as investors stayed largely cautious and refrained from making significant moves, looking for direction.
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U.S. Dollar Showing Weakness Against Most Majors
The U.S. dollar was subdued in the European session on Monday, as investors awaited economic data due this week for more clues about the Federal Reserve's rate hike path.
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GM Recalls 40,428 Chevrolet Silverado Medium-Duty Trucks
General Motors Co. (GM) is recalling 40,428 Chevrolet Silverado Medium-Duty trucks in the United States due to the potential risk of a fire while driving or parked, according to a statement by the National Highway Traffic Safety Administration (NHTSA).
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Dollar Index Rebounds Amidst Fed Jitters
Currency movements during the week spanning April 17-21 were to a great extent dominated by fears over how hawkish the Fed and other central banks would be in hiking interest rates to tame inflation.
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more news
Rising Business Confidence Shows German Economic Resilience Amid Industrial Recovery
Business sentiment in Germany strengthened slightly in April as companies raised their expectations though they were less upbeat regarding the current situation, results of the latest ifo survey showed Monday. Elsewhere, the Bundesbank said in its monthly report that the German economy grew better-than-expected in the first quarter of this year due to the rebound in the industrial sector.
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Bay Street Likely To See Mixed Open
Canadian shares are likely to open on a mixed note Monday morning, tracking subdued European markets and muted cues from the commodities segment.
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Wall Street Seen Opening On Subdued Note
Slightly lower index futures point to a subdued start for U.S. stocks Monday morning.
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Coca-Cola Q1 Profit Up 12%, Results Top Estimates
Beverages giant Coca-Cola Co. (KO) reported Monday that profit for the first quarter increased 12 percent from last year, driven by 5 percent revenue growth. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also maintained its adjusted earnings and organic revenue growth outlook for the full-year 2023.
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Eaton Completes Acquisition Of 49% Stake In Jiangsu Ryan Electrical
Intelligent power management company Eaton Corp. (ETN) announced Monday it has completed the acquisition of a 49% stake in Jiangsu Ryan Electrical Co. Ltd., a manufacturer of power distribution and sub-transmission transformers in China with revenues of approximately $100 million in 2022.
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EuroPharma Recalls Terry Naturally BioActive Vitamin B, EuroMedica Active B Complex
Green Bay, Wisconsin-based EuroPharma, Inc. is recalling its Terry Naturally BioActive Vitamin B 60 count and EuroMedica Active B Complex 60 count products as they may contain undeclared milk, the U.S. Food and Drug Administration said. The affected Terry Naturally BioActive Vitamin B 60 count bears UPC 3 67703 18006 5.
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Před 834 dny
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