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...The losses come as the sharp acceleration of trends such as videoconferencing and online shopping driven by the lockdowns has proven less durable than expected, as more workers migrate back to the office...
...The ZEW Institute’s monthly survey of investors in Europe’s largest economy found an unexpectedly sharp upswing in investor optimism, boosted by growing confidence that the European Central Bank will deliver...
...Consumer goods stocks lifted European equities after the latest earnings report from luxury giant LVMH eased investors’ fears about a sharp slowdown in sales in China....
...European equities climbed higher, buoyed by strong performance among consumer stocks after the latest earnings report from LVMH, the world’s largest luxury group, eased investors’ fears about a sharp slowdown...
...that both sides want to avoid a full-blown conflict that chokes off the supply of oil, while traders are also confident that diplomatic efforts led by the US — where President Joe Biden is keen to avoid a sharp...
...Stephanie Stacey...
...France’s luxury-heavy Cac 40 dropped 1.4 per cent, pulled lower by sharp falls for index heavyweights LVMH and Kering, which own brands including Christian Dior and Gucci....
...The dollar has climbed nearly 3 per cent so far this year, boosted by strong economic data, including blockbuster jobs figures last week that punctured hopes of a sharp fall in borrowing costs in the world...
Recovery after falls suffered in wake of October 7 attacks make currency top performer this month
...This is in sharp contrast to Wall Street’s S&P 500 and Nasdaq Composite, which have been close to flat since the beginning of the year, following a steep rally at the end of 2023....
...London’s FTSE 100 added 0.6 per cent after official data showed a sharp drop in UK inflation in October, easing pressures on the Bank of England to further tighten monetary policy....
...Traders are now betting the first rate reduction could come as soon as March after a sharp decline in government and corporate borrowing costs as US bond markets enjoyed their biggest monthly rally in nearly...
...Sales volumes in household goods stores dropped 1.1 per cent, driven by a sharp decline in furniture purchases....
...But the biggest surprise was a sharp increase — from £18,600 to £38,700 — in the minimum salary that British citizens or migrants already settled in the UK must earn in order for immediate relatives to join...
...Additional reporting by Kate Duguid in New York and Stephanie Stacey in London...
...Dead cat bounce catches out hedge funds Hedge funds betting on a decline in US and European stock markets have suffered an estimated $43bn of losses in a sharp rally over recent days, writes George Steer...
...A sharp increase in boats setting out from Tunisia has been one factor behind the surge....
...The World Health Organization has called for prices of a Gilead Sciences drug to treat black fungus infections to be cut and supplies boosted amid a sharp rise in cases among Covid-19 patients in India and...
...Equity markets were battered on Monday by rising concerns that intense inflation will trigger a further sharp tightening of US monetary policy....
...Leslie will work closely with fellow Goldman executive Stephanie Cohen to set up a consumer and technology unit called “Platform Solutions” with a particular focus on controlling the unit’s costs....
...Before we have even sat down at our table, Dame Stephanie Shirley (“Please, call me Steve,” she says briskly) orders two glasses of champagne....
...As David Solomon set out to sell his latest overhaul of Goldman Sachs to investors on Tuesday, there was little sign of the sharp-tongued titan of the C-suite or the flamboyant “DJ D-Sol” known for frequenting...
...The sharp shift in economic dynamics left attendees doing some soul-searching. “There’s a lot of humility in the room [about] what we know and what we don’t know,” said Gopinath....
...That experience gave him a sharp understanding of the regulatory issues that face Robinhood....
...The New York-based company, which reported a sharp drop in rentals as people embraced athlesiure during lockdowns, announced the move on Wednesday after seeing customers buy “pre-loved items”, or items that...
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