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Author Archives: Business Editor

European Shares Extend Losses As Global Selloff Spreads

European stocks fell for a sixth day running on Monday as investors fretted about higher interest rates and coalition negotiations between German Chancellor Angela Merkel’s conservative party and the Social Democrats broke down over the weekend. Read Full Story

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FTSE 100 Tumbles As Services PMI Disappoints

U.K. stocks tumbled on Monday as a strong U.S. jobs report reinforced the Fed’s outlook for three interest-rate hikes this year and investors looked ahead to a new round of talks between the U.K. and European Union starting Tuesday. Read ...

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CAC 40 Extends Losses Amid Global Selloff

French stocks extended losses from the previous session on Monday as President Emmanuel Macron’s party lost two by-elections for parliamentary seats on Sunday and the dollar paused after recovering somewhat on Friday on the back of robust U.S. employment data. ...

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DAX Down 65 Points Amid Rate Worries

German stocks fell on Monday to extend losses from the previous session as investors fretted about higher interest rates and coalition negotiations between German Chancellor Angela Merkel’s conservative party and the Social Democrats broke down over the weekend. Read Full ...

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European Shares Set To Extend Losses

European stocks look set to open sharply lower on Monday, extending the biggest selloff for global equities in two years as investors adjust to an era of higher global interest rates. Read Full Story

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European Markets Finish Firmly In Negative Territory

The European markets ended Friday’s session with another loss, extending its recent losing streak to five days. Bank stocks were under pressure following a weak report from Germany’s Deutsche Bank. The continued rise in global bond yields also pressured the ...

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European Markets Finished Firmly In Negative Territory

The European markets ended Friday’s session with another loss, extending its recent losing streak to five days. Bank stocks were under pressure following a weak report from Germany’s Deutsche Bank. The continued rise in global bond yields also pressured the ...

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European Shares Fall For Fifth Day

European stocks fell for a fifth consecutive session on Friday as the U.S. government bond sell-off entered a second session on optimism over global growth and rising expectations of inflation. Read Full Story

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FTSE 100 Drifts Lower On Mixed Earnings

U.K. shares were modestly lower on Friday as earnings proved to be a mixed bag and the U.S. government bond sell-off entered a second session on optimism over global growth and rising expectations of inflation. Read Full Story

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