Royal Mail falls 7.2% Royal Mail fell 7.2% in afternoon trade following a second day of strikes by U.K. postal workers. Shares of the former state postal monopoly fell close to the bottom of the Stoxx 600 after the second day of walkouts over pay. Royal Mail staff are planning …
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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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U.S. stock futures edged lower Tuesday as investors awaited Federal Reserve Chairman Jerome Powell’s testimony in Congress on the health of the economy. Futures tied to the S&P 500 ticked down 0.1%. The benchmark stocks gauge on Monday fell for a fifth consecutive day, its longest losing streak since last …
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