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U.S. economy still ‘very, very strong,’ despite expected drop in GDP growth-official

2022-04-28 admin 0

  WASHINGTON Reuters – U.S. data due out Thursday is expected to show slower economic growth in the first quarter, mainly due to a less robust […]

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Explainer-What charges do Archegos founder and former CFO face?

2022-04-28 admin 0

  By John McCrank   NEW YORK Reuters – Federal prosecutors on Wednesday charged Archegos Capital Management founder Bill Hwang with 11 criminal counts and the private […]

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Hertz foresees strong summer rental demand, beats Wall Street expectations

2022-04-28 admin 0

  By Tina Bellon   Reuters – Hertz Global Holdings Inc new chief executive on Wednesday said he expects Americans pentup desire for a summer vacation to […]

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UK car production in March weakest since 09 financial crisis – SMMT

2022-04-28 admin 0

  Reuters – Car production in Britain fell by about a third last month, marking the weakest March since the financial crisis in 2009, as an […]

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Global stock markets suffered heavy losses across the board, Tesla plummeted 12% to lead technology stocks

2022-04-28 admin 0

Fed Chairman Jerome Powell already announced a rate hike in March, the first time since at least 1994 that the central bank has started a […]

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Heineken set to invest $360 million in new brewery in Brazil

2022-04-28 admin 0

  SAO PAULO Reuters – Heineken NVs Brazilian arm is set to invest 1.8 billion reais 360.73 million in a new production facility in Minas Gerais […]

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McDonalds in the spotlight as investors seek details of lost Russia revenue

2022-04-28 admin 0

  By Uday Sampath Kumar and Hilary Russ   Reuters – McDonalds is poised to take a bigger financial hit from the war in Ukraine and shuttered […]

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Amgen says IRS seeks another $5.1 billion in back taxes

2022-04-28 admin 0

  By Deena Beasley   Reuters – Amgen Inc on Wednesday said the U.S. Internal Revenue Service IRS is seeking additional back taxes of 5.1 billion, plus […]

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Pinterest tops revenue expectations on ad spending boost

2022-04-28 admin 0

  Reuters – Pinterest Inc topped quarterly revenue estimates on Wednesday as the imagesharing platform benefited from higher ad spending by businesses after COVID19 curbs eased […]

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German Broker flatexDEGIRO Posts Solid Q1 Financials, Revenue Jumps 14%

2022-04-27 admin 0

  Invest in yours financial freedom: Flatex   EBITDA of the platform jumped by 76 percent QoQ.   It also onboarded over 185,000 new traders in the quarter. […]

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