By Jessica Resnick-Ault NEW YORK (Reuters) – Oil prices fell on Friday as the U.S. dollar rose while forecasts called for crude supply to rise in response to prices climbing above pre-pandemic levels. U.S. West Texas Intermediate...
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GameStop rally fizzles; shares still register 151% weekly gain
By Aaron Saldanha and David Randall (Reuters) – GameStop Corp closed 6% lower on Friday as an early rally fizzled but the stock finished the week 151% higher in a renewed surge that left analysts puzzled. The video game...
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Saudi Arabia bonds, stocks take U.S. sanctions mostly in stride
By Tom Arnold and Saeed Azhar LONDON/DUBAI (Reuters) – Saudi Arabia’s 2060 Eurobond rose on Friday after Crown Prince Mohammed bin Salman was spared U.S. sanctions over the 2018 killing of journalist Jamal Khashoggi, though...
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NYSE begins move to delist Chinese state oil producer CNOOC
(Reuters) – The New York Stock Exchange on Friday decided to begin formal delisting of Chinese state oil giant CNOOC Ltd based on an update to an executive order signed by former U.S. President Donald Trump in November last year....
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Global stocks slide on inflation fears, dollar gains
By Herbert Lash NEW YORK (Reuters) – The Nasdaq recovered as the bond rout retreated on Friday, but most other equity markets swooned around the world as data showing a strong rebound in U.S. consumer spending kept fears of rising...
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Banco do Brasil denies CEO to quit after new round of rumors
By Tatiana Bautzer and Aluisio Alves SAO PAULO (Reuters) – Banco do Brasil SA on Friday denied speculation that its chief executive was about to quit for the second time this year, after stocks of the state-controlled Brazilian bank...
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