(Reuters) – This time of year, hundreds of thousands of seasonal retail workers across North America and Europe would usually be wrapping gifts, stirring hot chocolates, tidying Christmas displays or assisting the flurry of last-minute shoppers. FILE PHOTO: A worker gathers items for delivery from the warehouse floor at Amazon’s …
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The market spotlight at the end of the week will be firmly on the start the three-day summit between European Union leaders. Hopes for a breakthrough on agreeing on the details of a proposed €750bn EU Reconstruction Fund are low going into the meeting, given the wide range of interest …
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Kaz Minerals rallied as copper prices advanced. Science and engineering company Qinetiq pushed up as it said it continued to perform in line with its expectations in the third quarter and announced the acquisition of Newman & Spurr Consultancy for £14m. Electrocomponents was on the rise as its trading statement …
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At home, foreign trade data for November are scheduled to be published on Monday, followed by readings on consumer prices and retail sales in December set to follow on Wednesday and Friday, respectively. Investors will be scrutinising those reports for further signs of weakness which might cement expectations in financial …
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Analysts at Capital Economics forecast that the cartel and allied producers will only agree to roll-over their existing production curbs due to Saudi balking at the risk of seeing its share of the global oil market being eroded further by ‘free riders’. “If we are right and OPEC+ simply rolls …
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Survey results due out on Monday for factory sector conditions in China, the UK, US and euro area will set the tone for trading over the remainder of the week, with investors keen for the most up-to-date readings possible. They will be followed later in the week, on Wednesday, by …
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