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Author Archives: Business Editor

Swiss Market Closes Weak

The Switzerland stock market shrugged off a mild early setback on Wednesday, and despite staying positive for much of the day’s session, eventually ended on a negative note. Read Full Story

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European Shares Extend Gains On Powell Comments

European stocks rose on Wednesday to extend gains from the previous session after Federal Reserve Chairman Jerome Powell reiterated the Fed’s commitment to use all of its monetary policy tools for as long as necessary to support the economy. Read ...

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FTSE 100 Rises Despite Weak PMI Data

U.K. stocks rose on Wednesday and the pound continued to decline after Prime Minister Boris Johnson announced new restrictions for the country and voiced hope that “things will be far better by the spring”. Read Full Story

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CAC 40 Rebounds Led By Automakers

French stocks were sharply higher on Wednesday after Federal Reserve Chairman Jerome Powell pledged continued support for the U.S. economy and urged lawmakers for more fiscal stimulus. Read Full Story

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DAX Extends Gains As Powell Backs More Aid

German stocks rose on Wednesday to extend gains from the previous session after Federal Reserve Chairman Jerome Powell reiterated the Fed’s commitment to helping the economy through the coronavirus pandemic and pressed Congress for more aid. Powell will make a ...

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Swiss Market Closes Sharply Lower

The Switzerland stock market tumbled on Monday, in line with markets across the globe, amid mounting worries about surging coronavirus cases and fears of lockdown measures in several parts of Europe. Read Full Story

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European Shares Tumble On Virus Worries

European stocks slumped on Monday to hit two-week lows as surging cases of Covid-19 in Europe prompted renewed lockdown measures in some countries and cast doubt over the economic recovery. Read Full Story

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