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Wall St Week Ahead Stocks typically rally in December, investors tread cautiously this year

Wall St Week Ahead Stocks typically rally in December, investors tread cautiously this year

NEW YORK, Nov 25 (Reuters) – Investors hoping the end of the year will bring stock market gains after a trying year have history on their side as U.S. stocks traditionally rally in December, but many remain skeptical of the forecasts of a rise. The S&P 500 gained an average of 1.6% in December, the …

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Stocks turn ahead of Fed minutes as oil falls on price cap plan

Stocks turn ahead of Fed minutes as oil falls on price cap plan

Fed Minutes for November at 7:00 p.m. GMT American Thanksgiving holiday on Thursday Stocks post weak gains globally Eurozone economic data point to recession China hit by rising COVID-19 infections LONDON, Nov 23 (Reuters) – Global stocks rebounded on Wednesday ahead of minutes of a Federal Reserve meeting that could shed light on whether the …

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Bankman-Fried's FTX EXCLUSIVE Parents Bought Bahamian Property Worth $121 Million

Bankman-Fried’s FTX EXCLUSIVE Parents Bought Bahamian Property Worth $121 Million

FTX unit purchased 7 condos in upscale resort for “key personnel” Bankman-Fried’s parents named owners of $16.4 million vacation home Bankman and Fried tell Reuters: Seeking to return the deed to FTX NEW PROVIDENCE, Bahamas, Nov 22 (Reuters) – Sam Bankman-Fried’s FTX, his parents and top executives of the failed cryptocurrency exchange have purchased at …

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Qatar strikes 27-year LNG deal with China as competition intensifies

Qatar strikes 27-year LNG deal with China as competition intensifies

Talks with other Chinese and European buyers underway -Kaabi Says buyers can take up to 5% stake in expansion Agreement indicates importance of long-term secure supply DOHA, Nov 21 (Reuters) – QatarEnergy has signed a 27-year deal to supply China’s Sinopec with liquefied natural gas in the longest LNG deal to date as volatility drives …

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NY Fed: Bank liquidity could be tighter than expected, with policy implications

NY Fed: Bank liquidity could be tighter than expected, with policy implications

Nov 18 (Reuters) – The way the banking system manages its cash suggests the financial system may not be as bountiful as many now believe, and that could have implications for how the Federal Reserve manages the size of its balance sheet, a document from the Federal Reserve Bank of New York announced on Friday. …

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Trump's 2024 presidential bid breathes new life into markets

Trump’s 2024 presidential bid breathes new life into markets

NEW YORK, Nov 16 (Reuters) – Former President Donald Trump’s entry into the 2024 presidential race on Tuesday confirmed the world’s “worst-kept secret” and created another variable for markets that some say investors, remains a low priority for now. Trump, who has launched relentless attacks on the integrity of the American vote since his defeat …

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Exclusive: Germany steps up emergency cash plans to deal with blackout

Exclusive: Germany steps up emergency cash plans to deal with blackout

FRANKFURT, Nov 15 (Reuters) – German authorities are stepping up preparations for emergency cash deliveries in the event of a power outage to keep the economy going, four people involved said, as the country prepares for possible power cuts resulting from the war in Ukraine. Plans include the Bundesbank, Germany’s central bank, hoarding additional billions …

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COP27: discussions on carbon market rules are slow to start

COP27: discussions on carbon market rules are slow to start

SHARM EL-SHEIKH, Egypt, November 14 (Reuters) – Countries are far from agreeing on the technical details of the global trade in carbon offset credits after a week of talks at the UN climate summit COP27 in Egypt, according to negotiators and observers, with delays threatening to blow a 2023 deadline. Carbon offsets allow countries or …

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Analysis: Money before climate;  the fall in the markets stimulates the exodus of ESG funds

Analysis: Money before climate; the fall in the markets stimulates the exodus of ESG funds

NEW YORK/BOSTON, Nov 11 (Reuters) – Funds adhering to environmental, social and corporate governance (ESG) principles have been hit by unprecedented capital outflows in the market downturn as investors favor preserving the capital to objectives such as the fight against climate change. ESG, a classification applied to fund assets currently worth an estimated $6.5 trillion, …

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Column: Ukraine endgame could electrify global markets

Column: Ukraine endgame could electrify global markets

LONDON, Nov 11 (Reuters) – Defusing this year’s biggest shock to the global economy could catalyze a rebound in global markets that many investors believe is too late – but could also raise other uncomfortable puzzles. Whispers about an endgame to Russia’s 9-month-old invasion of Ukraine – suggestions ranging from ‘talking talks’ to a brokered …

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