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Eurozone Lenders To Tighten Credit Standards For Loans To Firms, Demand To Fall - ECB
Eurozone lenders intend to tighten conditions for loans to firms in the second quarter and they expect a fall in demand for loans from enterprises, the bank lending survey results from the European Central Bank showed on Tuesday. Lenders plan to moderately tighten credit standards for loans to firms and maintain credit standards for loans to households in the second quarter.
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Iridium Inks 5-Year Contract With L3Harris For Iridium Satellite Time And Location Service
Iridium Communications Inc. (IRDM) announced Tuesday a new five-year commercial contract with L3Harris Technologies (LHX) for the Iridium Satellite Time and Location (STL) service.
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Sensex, Nifty Give Up Gains To End Marginally Lower
Indian shares gave up early gains to end marginally lower on Tuesday as geopolitical tensions persisted and two more Federal Reserve officials have warned that it's premature to consider cutting interest rates.
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European Shares Decline On Uncertainty Over Rate Cuts
European stocks fell broadly on Tuesday as geopolitical tensions persisted and two more Federal Reserve officials have warned that it's premature to consider cutting interest rates.
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FTSE 100 Gains As Miners Surge On Economic Optimism
U.K. stocks edged up slightly on Tuesday, with miners posting strong gains as Shanghai copper prices surged to record highs on optimism around positive factory data out of major economies.
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CAC 40 Slides As Investors Look To ECB
French stocks fell in cautious trade on Tuesday as traders awaited cues from upcoming U.S. inflation data and the ECB policy meeting.
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DAX Slips Into Red On Uncertainty Over US Rate Cuts
German stocks traded lower on Tuesday after two more Federal Reserve officials have warned that it's premature to consider cutting interest rates.
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Asian Shares Mixed Ahead Of Key Inflation Readings
Asian stocks turned in a mixed performance on Tuesday as ceasefire talks between Israel and Gaza stalled, and more Federal Reserve officials warned about upside risks to inflation.
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OpenAI CEO Sam Altman In Forbes' Billionaire List
Sam Altman, CEO of OpenAI, the developer of highly popular generative AI chatbot ChatGPT, has been added to the latest list of billionaires by Forbes with his vast investments in start ups and other companies. Meanwhile, he does not have a financial stake in the now $80 billion-plus valued non-profit artificial intelligence startup OpenAI, which he cofounded with billionaire Elon Musk and others.
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Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Tuesday.
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NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Tuesday.
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Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Tuesday.
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Australia Business Conditions Edges Down, Confidence Rises - NAB
Australia's business conditions edged down one point in March, while confidence gained a point and cost pressures softened further, survey results from NAB showed on Tuesday.
The business conditions index fell to 9 in March from 10 in the previous month. Meanwhile, the business confidence indicator rose to 1 from zero in February.
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