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European Stocks Close Lower On Interest Rate Concerns
European stocks closed lower on Tuesday amid concerns about interest rates after recent recent jobs data and services sector activity report from the U.S. raised the prospects for more aggressive policy moves by the Federal Reserve.
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Technology, Healthcare Dragging Down Canadian Market
After opening slightly up and advancing a bit further, the Canadian market slipped into negative territory Tuesday morning, weighed down by losses in healthcare and technology sections.
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Will RBI Moderate Rate Hikes?
The Reserve Bank of India is set to deliver a less aggressive rate hike and switch to a 'neutral' policy stance as the central bank weigh the effect of an apparent easing in inflationary pressures on an economy struggling to gain momentum.
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U.S. Trade Deficit Widens As Exports Fall And Imports Rise
Reflecting a decrease in the value of exports and an increase in the value of imports, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened in the month of October.
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U.S. Trade Deficit Widens In October
Reflecting a decrease in the value of exports and an increase in the value of imports, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened in the month of October.
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Bay Street Likely To Open On Cautious Note
Canadian shares are likely to open on a cautious note on Tuesday, tracking mixed commodities, and weak European markets.
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Kroger Says Will Work Cooperatively With The FTC On Second Request On Albertsons Merger
The Kroger Co. (KR) said on Tuesday it has received a request for additional information (second request) from the Federal Trade Commission or FTC as part of the regulatory review process for its merger with Albertsons Companies, Inc. (ACI).
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more news
HBO Max Returns To Amazon Prime Video In The U.S.
Warner Bros. Discovery (WBD) and Amazon.com, Inc. (AMZN) announced Tuesday that HBO Max is once again available on Prime Video Channels in the U.S. Prime customers can now sign up for HBO Max for $14.99 per month.
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Fed Fears Weaken Sentiment At FTSE-100
FTSE 100 of the London Stock Exchange shed close to half a percent amidst fears that the recent data releases from the U.S. could derail the Fed's stated intentions to moderate the interest rate increases.
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AutoZone Q1 Results Top Estimates
Automotive replacement parts retailer AutoZone, Inc. (AZO) reported Tuesday that net income for the first quarter decreased to $539.32 million or $27.45 per share from $555.24 million or $25.69 per share in the year-ago quarter.
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Pfizer, Clear Creek Bio Ink Research Collaboration To Develop Oral Treatment For COVID-19
Pfizer Inc. (PFE) and Clear Creek Bio, Inc. announced Monday a research collaboration and exclusive license agreement to advance the discovery and development of potential inhibitors of the SARS-CoV-2 papain-like protease (PLpro) for the oral treatment of COVID-19.
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Indian Rupee Weakens To Near 5-week Low Against U.S. Dollar
The Indian rupee was lower versus the U.S. dollar in the evening session on Tuesday, as strong U.S. economic data raised concerns that the Federal may raise interest rates more than expected.
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European Stocks Drifting Lower As Rate Concerns Continue To Weigh
European stocks are down in negative territory on Tuesday with investors largely staying cautious amid renewed concerns the Federal Reserve will continue with its aggressive interest rate hikes after recent upbeat jobs data and services sector activity report.
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