STX

EXCLUSIVE Beijing gives first nod to revive Ant IPO after crackdown chills sources

Ant aims to file preliminary prospectus as soon as July – sources Ant needs CSRC guidance on when to file source prospectus Ant says there are no plans to relaunch its IPO statement Warburg Pincus valued Ant at $180 billion at the end of March HONG KONG, June 9 (Reuters) – China’s central management has …

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Credit Suisse shares soar on reported interest in State Street takeover

MILAN, June 8 (Reuters) – Credit Suisse shares (CSGN.S) rose sharply on Wednesday afternoon, with traders citing a Report inside Paradeplatz than State Street, based in the United States (STT.N) plans a takeover bid for the troubled lender, although some in the industry doubt that claim. Shares of Credit Suisse ended up 3.8% in Zurich …

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Stocks fall as sentiment dips on rate fears and yields rise

Investors cautious ahead of ECB meeting and US CPI data White House expects next inflation numbers to be high Crude hits 13-week high on rising US demand Global growth concerns sap investment sentiment NEW YORK, June 8 (Reuters) – U.S. and European stocks fell on Wednesday as prospects for a rate hike dampened sentiment, while …

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Amazon stock split could lure retail traders in tough market

Amazon’s logo is seen at the company’s logistics center in Bretigny-sur-Orge, near Paris, France, December 7, 2021. REUTERS/Gonzalo Fuentes/Files Join now for FREE unlimited access to Reuters.com Register NEW YORK, June 6 (Reuters) – Amazon (AMZN.O) the stock split may bring some comfort to shareholders who have seen the e-commerce giant’s shares battered this year. …

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Asian stocks are buoyed by US futures, oil climbs

A man walks past a screen displaying a graph showing recent average movements in Nikkei stock outside a brokerage in Tokyo, Japan, December 30, 2020. REUTERS/Issei Kato/File Photo Join now for FREE unlimited access to Reuters.com Register Asian scholarships: Nikkei adds 0.3%, S&P 500 futures rise 0.4% Euro hits 7-year high against yen ahead of …

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Sheryl Sandberg, owner of Facebook, Meta Platforms, will leave after 14 years

June 1 (Reuters) – Meta Platforms Inc (FB.O) COO Sheryl Sandberg, whose close partnership with CEO Mark Zuckerberg fueled the growth of the world’s largest social network, is leaving the company after 14 years, she said in a post on Wednesday. Facebook. The announcement initially sent shares of the social media company down 4%, but …

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Stocks squeeze slim gains, dollar climbs as inflation soars

The European STOXX 600 up 0.3% Banks and auto stocks gain Wall Street poised to reflect advances The dollar climbs to its highest in two weeks against the yen LONDON/SINGAPORE, June 1 (Reuters) – European stocks posted small gains on Wednesday as the dollar strengthened as investors worried about soaring inflation and the hit to …

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Wall St. Week ahead: Stock market rally fueled by hopes the Fed will ‘pass its peak of hawkishness’

NEW YORK, May 27 (Reuters) – Bad news could be good news for Wall Street again, as fans hope the Federal Reserve won’t need to tighten policy as much as expected. Home sales fell for a third consecutive month, while big misses from retail giants such as Target Corp (TGT.N) and Walmart Inc. (WMT.N) rocked …

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Global stock markets rally, Treasury yields fall on inflation data

US consumer spending rises, rising inflation slows Wall Street rallies and ends a weekly losing streak Treasury yields fall Brent oil rises $2 NEW YORK, May 27 (Reuters) – Global markets enjoyed a broad-based rally on Friday as the yield on benchmark U.S. Treasuries fell after data showed U.S. consumer spending rose in April and …

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European stocks rebound, Chinese rate move bolsters sentiment

LONDON, May 20 (Reuters) – Stocks rebounded on Friday after China slashed a key benchmark to support its economy, although a gauge of global equities remains set for its longest streak of weekly losses on record amid investor concerns about slowing growth and high inflation. China slashed its five-year prime lending rate (LPR) – which …

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