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Tag Archives: business news

UK’s Johnson apologizes for lockdown party

Reuters Now Posted British Prime Minister Boris Johnson offered his “heartfelt apologies” on Wednesday for attending a “bring your own booze” gathering at his official residence during the country’s first coronavirus lockdown as opponents said he must resign. Source link

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European markets digest latest euro zone, UK inflation data

LONDON — European stocks are expected to open around the flatline on Thursday amid market concerns around the region’s inflation outlook. The U.K.’s FTSE index is seen opening 6 points lower at 7,281, Germany’s DAX 2 points lower at 16,248, France’s CAC 40 down 3 points at 7,155 and Italy’s FTSE …

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European markets react as U.S. sees rate induced sell-off

LONDON — European stocks advanced on Wednesday, looking to shrug off market nerves after a rate-induced sell-off in the U.S. in the previous session. The pan-European Stoxx 600 climbed 0.8% in early trade, with retail stocks adding 1.2% to lead gains while oil and gas stocks dropped 0.8%. Europe investors …

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Walmart, Hormel Foods, Marriott, others

Check out the companies making headlines before the bell: Walmart (WMT) – Walmart reported adjusted quarterly earnings of $1.39 per share, which includes a 7-cent impact from UK tax repayment. The consensus estimate had been $1.50. Revenue did beat forecasts, and US comparable sales excluding fuel were up 8.6% compared …

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How tech is changing the homes we live in

Driven by advances in tech and the advent of high-speed internet connections, many of us now have easy access to a raft of information about the buildings we live in. Thanks to the proliferation of hardware and software within the home, this trend shows no sign of letting up and …

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