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Lagos, South Africa and New York
Sunday, August 9, 2020

European stocks rise with earnings and lockdown easing in focus; Wirecard down 26%

Oil prices slid 20%, extending Monday’s nearly 25% decline amid ongoing fears that storage around the world is rapidly filling. Corporate earnings came from BP, Santander, UBS, Novartis and Carrefour, among others on Tuesday. European markets were higher Tuesday as investors reacted to falling oil prices...

Europe stocks rise but bond yield falls show investor caution

By Nigel Stephenson | LONDON European shares rose on Tuesday, shrugging off falls on Asian bourses, but low-risk government debt yields fell as investors fretted about a meeting between the U.S. and Chinese presidents and Donald Trump's ability to deliver economic stimulus. The dollar edged up...

Second quarter off to a firm start for stocks as Trump-Xi meeting looms

By Dhara Ranasinghe | LONDON World stock markets and the U.S. dollar started the second quarter on a positive note on Monday, although caution also set in as the first meeting between U.S. President Donald Trump and China's Xi Jinping loomed. European shares opened broadly higher...

58 Nigerian companies among fastest growing in Africa, says London Stock Exchange

The London Stock Exchange Group (LSEG) on Friday launched a report that listed 58 Nigerian companies among the fastest growing private businesses in Africa. The report published on the LSEG website-www.lseg.com in London and accessed by the News Agency of Nigeria (NAN) in Abuja, identified...

Stocks rise worldwide, lifted by hopes for virus progress

By STAN CHOE and DAMIAN J. TROISE an hour ago NEW YORK (AP) — Stocks around the world rose on Friday as investors latched onto strands of hope about progress in the fight against the coronavirus. The S&P 500 was up 1.3% in midday trading, though the...

European stocks mixed on earnings, new trade tariffs; Nokian Renkaat jumps 3%

The U.S. said it will impose further tariffs on Chinese goods starting August 23, 2018. It is expected that 25 percent import taxes are going to applied to about $16 billion of annual imports. Elsewhere, the pound was under pressure due to Brexit uncertainty. Silvia Amaro | Ryan...

Global Stocks fall further after Trump’s China tariff threat

World stocks down 0.4% ECB warns on growth outlook British Airways operator sheds 4.6% Oil prices head lower By Tom Arnold LONDON, May 1 (Reuters) - World stocks pulled back further on Friday on grim U.S. economic data and President Donald Trump’s threat to impose new tariffs on China...

UK stocks fall as monetary tightening spurs selloff

FTSE 100 down 0.7 pct * Consumer staples lead losses as bond proxies suffer * Restructuring, job cuts send Rolls Royce up 3 pct * Pearson hit by Barclays downgrade * Aveva jumps 12 pct after results By Helen Reid LONDON, June 14 - Britain’s major stock index tumbled...

European Stocks Rise, Ending Worst Seven-Day Selloff Since 2016

Equities widened rally as U.S. peers rose for second day Citi says 6.9% selloff over seven days opens good entry point European stocks advanced for the first time in eight days after the biggest rout since the Brexit...
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