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...Aldo Caliari Senior Director of Policy and Strategy Jubilee USA, Washington, DC, US...
...Rising sales of hybrid cars boosted Toyota’s third-quarter results, helping it raise its full-year profit forecasts and vindicating the company’s bet on the technology....
...The most famous chess match of all time Bobby Fischer v Boris Spassky in 1972, still casts its echoes....
...Japan’s Topix fell 0.8 per cent in early trading ahead of earnings releases from Toyota Motor and Mitsubishi Corporation, which were both down 0.8 per cent. South Korea’s Kospi shed 0.6 per cent....
...ASML, the chip manufacturing equipment supplier, said the semiconductor industry was on track to recover in the second half of the year, even as it reported a 21 per cent drop in sales and lower-than-expected...
...Japan’s Topix fell 0.8 per cent, with Toyota Motor shares shedding as much as 5.6 per cent in early trading. The carmaker faces a scandal over rigged safety tests at its Daihatsu subsidiary....
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
...US stocks turned lower on Monday as investors assessed a blockbuster retail sales report that indicated a strong consumer in a US economy that is still running hot....
...Monday’s equity moves came after US retail sales proved stronger than expected, in the latest sign of economic resilience....
...The allegations follow a US recall of 1.1mn Toyota vehicles over an airbag fault and a customer data breach last week....
...The figure for February was revised up from a rise of 0.6 per cent to one of 0.9 per cent....
...But “these were offset by falls in fuel sales, possibly affected by rising prices, and a reduction in food sales”, she added....
...Sales at the Paris-based group’s fashion and leather goods division, a global bellwether for personal luxury goods, grew 2 per cent on an organic basis to €10.5bn in the first three months of this year....
...The retail control group, which excludes building materials, motor vehicle parts and petrol sales, was flat, missing analyst expectations for a 0.4 per cent gain....
...The S&P 500 index was 1.2 per cent lower. Torsten Slok, chief economist at Apollo, pointed to fears of a return to 2022, when equities underwent a brutal sell-off....
...Existing home sales decreased 4.3 per cent in March compared with February to a seasonally adjusted annual rate of about 4.2mn, according to data from National Association of Realtors released on Thursday...
...Gold hit a record high for the third successive session, climbing 1.2 per cent to $2,277 per troy ounce....
...The price of gold hit a record high for the third session in a row, climbing 1.2 per cent to $2,277 per troy ounce....
...Meanwhile, the dollar was up 0.6 per cent against a basket of six peers and on track for a four-session winning streak....
...Retail sales in North America missed estimates by 15.1 per cent, which Goldman Sachs attributed in part to a “rapid shift” to hybrid electric vehicles....
...The retail control group, which excludes building materials, motor vehicle parts and petrol station sales, declined 0.4 per cent, missing economists’ expectations for a 0.3 per cent gain....
...British retail sales beat analysts’ expectations of a contraction and flatlined in February, as growth in clothing offset falling food sales....
...Those results were better than the net income of $1.1bn on revenues of $12.3bn expected by analysts polled by S&P Capital IQ....
...Three of Gunning’s buys feature in the V&A’s blockbuster exhibition Gabrielle Chanel: Fashion Manifesto....
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