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...France’s luxury-heavy CAC 40 climbed 0.8 per cent, boosted by a 2.8 per cent rise for index heavyweight LVMH and a 2.3 per cent gain for rival Hermès. Germany’s Dax rose 0.1 per cent....
...France’s luxury-heavy Cac 40 climbed 1.3 per cent — boosted by a 5.3 per cent rise for index heavyweight LVMH, as well as a 3.2 per cent gain for rival Hermès....
...European stocks rose in early trading on Friday, following Wall Street higher and rebounding from a steep sell-off in the previous session....
...Wall Street’s benchmark S&P 500 was down 0.1 per cent shortly after the opening bell in New York following a 1.2 per cent drop on Monday. The tech-dominated Nasdaq Composite slipped 0.2 per cent....
...The moves followed official figures showing that the unemployment rate rose to a six-month high of 4.2 per cent in the three months to February, up from 3.9 per cent in the period to January and above the...
...Traders in swaps markets are now betting that the BoE will begin reducing its benchmark rate from a 16-year high of 5.25 per cent in either September or November, having fully priced in a cut for September...
...France’s Cac 40 gained 0.6 per cent, buoyed by a 2.5 per cent rise for index heavyweight LVMH....
...European stocks suffered their biggest one-day drop since last July amid a global sell-off sparked by fading confidence in rapid US interest rate cuts and rising anxiety about geopolitical tensions in the...
...The FTSE 100 was on track for its worst one-day drop since last July as global stock markets sank amid fading hopes for rapid interest rate cuts and rising fears over the prospect of a widening conflict...
...Cohen, a 25-year Goldman veteran, led the Wall Street institution’s failed effort to build up consumer banking....
...followed Asian markets higher as strong results from TSMC, the world’s largest chipmaker, eased concerns about the strength of the artificial intelligence rally, and Japan, South Korea and the US released a...
...Oil prices fell sharply as concerns over a glut outweighed fears that supplies could be disrupted by a widening conflict in the Middle East....
...The index will set a new record if it holds on to these gains to the end of the trading session. The region-wide Stoxx Europe 600 rose 1 per cent....
...US stocks rose on Wednesday, rebounding from a three-day losing streak as traders weighed the latest corporate earnings reports and awaited further signals on how the Federal Reserve might start cutting...
...European stocks were higher in morning trading as traders shrugged off the risk of a widening conflict in the Middle East....
...Traders in swaps markets are now betting that the BoE will begin lowering borrowing costs in either September or November, having fully priced in a first interest rate cut in September before Wednesday’s...
...India’s rupee fell 0.2 per cent to a record low of Rs83.64 against the dollar and the Malaysian ringgit was trading close to a 26-year low, down 0.3 per cent at RM4.79, a day after Malaysia’s central bank...
...Mining stocks were among the few positive performers in Europe as metals prices continued to rally on hopes that a rebound in economic growth will stimulate demand....
...Oil prices climbed above $92 per barrel for the first time since October on rising fears of a widening conflict in the Middle East....
...European stocks held steady on Monday as traders looked ahead to a busy week of economic data and central bank policy decisions....
...In a city like Jakarta, there’s a fine line between authentic subculture and duplicating subcultures for commercial success: you can tell a lot of places are just trying to be a club in London....
...European stocks dropped amid a global sell-off as traders lost confidence in rapid US interest rate cuts and remained cautious about widening tensions in the Middle East....
...Stephanie Cohen, one of the most senior female executives in Goldman Sachs’ history, is leaving to become chief strategy officer of digital services group Cloudflare....
...Wall Street futures held steady, pointing to a flat open after the S&P 500 climbed to another all-time high following a late rally in the previous trading session....
...The declines are “partly because last week’s fears of an escalation in the Middle East didn’t materialise over the weekend”, said Henry Allen, a strategist at Deutsche Bank....
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