By Katanga Johnson WASHINGTON (Reuters) – Global equity markets slumped lower on Thursday while gold prices steadied and the dollar weakened as frightened investors digested disappointing updates from major central banks about the...
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Feb 3, 2022 | Asia, Business, Economy, Europe, Top News, UK, US
By Katanga Johnson WASHINGTON (Reuters) – Global equity markets slumped lower on Thursday while gold prices steadied and the dollar weakened as frightened investors digested disappointing updates from major central banks about the...
READ MOREFeb 3, 2022 | Business, Economy, Europe, Middle East, UK, US
By David Gaffen NEW YORK (Reuters) -Oil prices surged in late-day trading Thursday, sending the U.S. crude benchmark through $90 a barrel for the first time since 2014 due to ongoing supply worries and as frigid weather cascades across...
READ MOREFeb 3, 2022 | Business, Economy, Europe, Technology, UK, US
By Maiya Keidan TORONTO (Reuters) -Facebook owner Meta Platforms Inc was widely held by hedge funds, according to recent data, leaving a number of funds potentially exposed by the wipe-out in its shares. Shares of Meta on Thursday touched...
READ MOREFeb 3, 2022 | Asia, Australia, Business, Canada, Economy, Europe, UK, US
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro surged to a three-week high against the U.S. dollar on Thursday after comments from European Central Bank President Christine Lagarde fuelled expectations of faster policy...
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By Kirstin Ridley LONDON (Reuters) -KPMG has been sued for 1.3 billion pounds ($1.77 billion) by the liquidators of Carillion for missing “red flags” during audits of the construction giant, in one of the largest claims...
READ MOREFeb 3, 2022 | Business, Economy, Europe, Top News, UK
By Andy Bruce and David Milliken LONDON (Reuters) -The Bank of England raised interest rates to 0.5% on Thursday and nearly half its policymakers wanted a bigger increase to contain rampant price pressures, which the British central bank...
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