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Global stocks are falling as consumer data raises concerns about the recession

Global stocks are falling as consumer data raises concerns about the recession

LONDON, June 29 (Reuters) – World stock markets slipped for the second day in a row on Wednesday, and bond yields fell amid growing fears that policymakers looking to cut inflation would plunge their economies into recession. A series of weak data releases in Europe and the United States did not prevent central bankers from …

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Buffett's Berkshire buys more Occidental shares, raises stake to around 16.4%

Buffett’s Berkshire buys more Occidental shares, raises stake to around 16.4%

June 28 (Reuters) – Berkshire Hathaway Inc. (BRKa.N) Warren Buffett announced Monday that it has bought another 794,389 shares of Occidental Petroleum Corp. (OKSI.N), giving the conglomerate a nearly 16.4% stake in the Houston, Texas oil company. . The purchases were made in multiple transactions and cost about $ 44 million, Berkshire said in a …

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Stocks, oil are rising as China eases quarantine rules

Stocks, oil are rising as China eases quarantine rules

LONDON, June 28 (Reuters) – Global stocks rose on Tuesday as oil prices rose after China’s decision to ease some quarantine conditions for international arrivals, sparking hope for stronger growth and a revival in demand for goods. China has halved the quarantine time for incoming passengers by greatly easing one of the world’s strictest restrictions, …

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Shares are rising, copper continues to fall while investors assess the risk of recession

Shares are rising, copper continues to fall while investors assess the risk of recession

U.S. stocks rose sharply early Copper falls again, more oil Treasury yields are rising NEW YORK, June 24 (Reuters) – Shares in world markets jumped Friday, with Wall Street up more than 2 percent, and the global MSCI index set for weekly growth after three consecutive weeks of decline, as falling commodity prices eased concerns …

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Toyota pulls the first mass-produced EVs less than 2 months after launch

Toyota pulls the first mass-produced EVs less than 2 months after launch

The all-electric Toyota SUV bZ4X 2023 was shown during the Los Angeles Motor Show 2021 in Los Angeles, California, USA, November 17, 2021. REUTERS / Mike Blake Register now for FREE unlimited access to Reuters.com Register TOKYO, June 23 (Reuters) – Toyota Motor Corp. (7203.T) announced on Thursday that it will withdraw 2,700 of its …

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U.S. technology companies are snatching job offers, leaving college graduates

U.S. technology companies are snatching job offers, leaving college graduates

June 22 (Reuters) – During the last week of May, Twitter Inc. (TVTR.N) called one by one some members of its new class of new hires who had recently graduated and withdrew job offers within 15 minutes of the call, according to some recipients. “It was traumatic,” Iris Guo, a new associate product manager living …

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Wall Street is ready to return, but the risk of recession keeps investors wary

Wall Street is ready to return, but the risk of recession keeps investors wary

LONDON, June 21 (Reuters) – Wall Street was scheduled to open on Tuesday on a rise, with European stocks set for a second day of growth, recovering slightly from last week’s lows of 17 months but major central bank plans to raise interest rates. rate and global recession risks have kept investors wary. Global stocks …

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