Business & Finance 13 March 2023, 2:49 pm 1 minute Reuters exclusively reported that India has requested banks and traders avoid using Chinese yuan to pay for Russian imports, due to long-running political differences with its neighbor. India, a top buyer of Russian oil and discounted coal, would prefer the use of United Arab Emirates …
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Dow jumps 250 points at open as banking fears ease
U.S. stocks opened higher on Monday as signs of banking-sector stress waned and investors bet on multiple Federal Reserve interest-rate cuts before the end of 2023. The S&P 500 SPX, +0.19% gained 25 points, or 0.6%, to 3,996. The Dow Jones Industrial Average DJIA, +0.47% rose by 255 points, or 0.8%, to 32,493. The Nasdaq …
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Crypto bank Signature slides amid Silicon Valley Bank, Silvergate woes
The New York Stock Exchange stands in lower Manhattan after global stocks fell as concerns mount that rising inflation will prompt central banks to tighten monetary policy on May 11, 2021 in New York City. By mid afternoon the tech-heavy Nasdaq Composite had lost 0.6% after falling 2.2% at its session low. Spencer Platt | …
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Stocks making the biggest moves premarket: PINS, FCNCA, CAT
Jim Umpleby, CEO of Caterpillar Inc. Adam Jeffery | CNBC Check out the companies making headlines before the bell. Pinterest — Pinterest gained 4.3% after UBS upgraded the social media stock to buy and said shares could pop more than 25% as the company improves its advertising strategy. related investing news First Citizens BancShares — …
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Reuters reveals Exxon exits Russia empty-handed with oil project ‘unilaterally terminated’
Energy 17 October 2022, 6:02 pm 1 minute Reuters was first to report Exxon Mobil Corp said on Monday that it left Russia completely after President Vladimir Putin expropriated its properties following seven months of discussions over an orderly transfer of its 30% stake in a major oil project. Exxon did not say if it …
7 Solar Stocks to Buy Now OR You’ll Be Kicking Yourself Later
A new United Nations report on climate change puts renewed focus on the growing influence of green energy and what seems to be the massive potential of solar stocks. The U.N. report released in March says there’s “a rapidly closing window of opportunity to secure a livable and sustainable future for all” by cutting harmful …
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3 SPACs to Sell Before They Go Bust in 2023
Over the past year, traders have looked for SPACs to sell amid a terrible slump in the sector. But the mood may be changing given the level of destruction across the sector. After all, many of these formerly promising companies are now 70%-90% below the stock prices at which they merged. Surely, some of them …
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7 High-Yield Dividend Stocks to Buy for Income Investors
In general, investors who park their capital in dividend stocks tend to be more conservative with their money. They tend to like the dependable dividends paid from their stock holdings, often used as income. Accordingly, such investors often purchase dividend stocks that come with yields in the 2-4% range traditionally considered a healthy range. Of course, there are plenty …
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How To Buy & Sell Stocks on Robinhood for Beginner's
Reuters exclusively revealed that U.S. sanctions authority probes Raiffeisen on Russia
Business & FinanceEconomyGovernment 20 February 2023, 7:39 pm 1 minute Reuters exclusively revealed that the United States’ sanctions authority has launched an inquiry into Raiffeisen Bank International over its Russian business, increasing scrutiny of the Austrian lender that plays a critical role in the Russian economy. The request, part of Washington’s renewed push to financially …