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Rouble firms past 60 vs dollar, Gazprom shares rally
September 12, 2022September 6, 2022 shesailsnet

Rouble firms past 60 vs dollar, Gazprom shares rally

Business

The rouble firmed beyond 60 against the dollar in Moscow trade on Tuesday, shrugging off a slide in oil prices below $100, while Russia’s benchmark

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European stocks fall for third day as rate hike, recession fears grow
September 11, 2022September 6, 2022 shesailsnet

European stocks fall for third day as rate hike, recession fears grow

Business

European shares ended lower on Tuesday, failing to shrug off fears of higher interest rates amid a burgeoning energy crisis and looming recession. After rising

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Best Buy says pricey smartphone sales holding strong ahead of next iPhone launch
September 10, 2022September 6, 2022 shesailsnet

Best Buy says pricey smartphone sales holding strong ahead of next iPhone launch

Business

Consumers stung by decades-high inflation are not shifting to cheaper smartphones, Best Buy Co Inc (BBY.N) said on Tuesday, boding well for Apple Inc’s (AAPL.O)

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Near 50-year high German inflation strengthens case for larger ECB rate rise
September 9, 2022September 6, 2022 shesailsnet

Near 50-year high German inflation strengthens case for larger ECB rate rise

Business

German inflation rose to its highest level in almost 50 years in August, beating a high set only three months earlier, data showed, strengthening the

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Proxy advisor ISS recommends Twitter shareholders back sale to Musk
September 8, 2022September 6, 2022 shesailsnet

Proxy advisor ISS recommends Twitter shareholders back sale to Musk

Business

Investors in Twitter (TWTR.N) should vote to approve Elon Musk’s $44 billion plan to buy the social media company, proxy advisory firm Institutional Shareholder Services

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U.S. house price inflation to plunge in 2023, fair value still a distant dream
September 7, 2022September 6, 2022 shesailsnet

U.S. house price inflation to plunge in 2023, fair value still a distant dream

Business

Skyrocketing U.S. house prices will rise at their weakest pace in more than a decade next year as worsening affordability dents demand, according to analysts

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Fed could ‘dial back’ 75-basis-point hikes if inflation slows, Bostic says
September 6, 2022 shesailsnet

Fed could ‘dial back’ 75-basis-point hikes if inflation slows, Bostic says

Business

The Federal Reserve could have reason to ‘dial back’ from its 75-basis-point interest rate hikes if new data shows inflation “clearly” slowing, Atlanta Fed President

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