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Stocks in a tailspin, dollar soars as hard landing fears grow

Stocks in a tailspin, dollar soars as hard landing fears grow

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 1, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register World stocks drop to 1-1/2 yr low, down almost 20% YTD Europe opens down 2% US equity futures struggle Dollar hits 2yr highs on …

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Indexes fall, led by Nasdaq, as inflation data offers little relief to investors

Indexes fall, led by Nasdaq, as inflation data offers little relief to investors

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 11, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US consumer prices slow in April; inflation still high Coinbase falls on Q1 revenue slump, net loss Indexes: Dow down 0.1%, S&P down 0.6%, …

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EXCLUSIVE Boeing clashes with key supplier ahead of Starliner spacecraft launch

EXCLUSIVE Boeing clashes with key supplier ahead of Starliner spacecraft launch

WASHINGTON, May 11 (Reuters) – Boeing Co (BA.N) is feuding with Aerojet Rocketdyne (AJRD.N), a key supplier for its Starliner spacecraft, as the US aerospace giant races to test launch the uncrewed astronaut capsule and mend its reputation in the space sector, people familiar with the matter said. The CST-100 Starliner is scheduled for a …

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EXCLUSIVE Google paying more than 300 EU publishers for news, more to come

EXCLUSIVE Google paying more than 300 EU publishers for news, more to come

BRUSSELS, May 11 (Reuters) – Alphabet (GOOGL.O) unit Google has signed deals to pay more than 300 publishers in Germany, France and four other EU countries for their news and will roll out a tool to make it easier for others to sign up too, the company told Reuters. The move to be announced publicly …

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Shares drop, yields shoot up after US inflation data

Shares drop, yields shoot up after US inflation data

MILAN, May 11 (Reuters) – World shares turned lower on Wednesday and bond yields shot up after US data showed inflation there slowed down less than expected last month, cementing expectations of aggressive rate hikes by the Federal Reserve. US futures turned negative after data showed US annual consumer price growth slowed to 8.3% in …

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Musk says he would reverse Twitter ban on Donald Trump

Musk says he would reverse Twitter ban on Donald Trump

May 10 (Reuters) – Billionaire Elon Musk said on Tuesday he would reverse Twitter’s ban on former US President Donald Trump when he buys the social media platform, the clearest signal yet of Musk’s intention to cut moderation of the site. Musk, the world’s richest person and chief executive of electric vehicle maker Tesla Inc …

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S&P 500, Nasdaq end up but investors cautious before inflation data

S&P 500, Nasdaq end up but investors cautious before inflation data

All eyes on US CPI data on Wednesday Peloton falls as CEO says business “thinly capitalized” NEW YORK, May 10 (Reuters) – The S&P 500 and Nasdaq ended higher on Tuesday, with big growth shares rising after the previous day’s selloff as Treasury yields eased. At the same time, bank shares fell. The yield on …

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Black hole hunters cast gaze at center of the Milky Way galaxy

Black hole hunters cast gaze at center of the Milky Way galaxy

WASHINGTON, May 10 (Reuters) – Residing at the center of our spiral-shaped Milky Way galaxy is a beast – a supermassive black hole possessing 4 million times the mass of our sun and consuming any material including gas, dust and stars straying within its huge gravitational pull. Scientists have been using the Event Horizon Telescope …

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Stocks, commodities pare losses but growth worries cloud outlook

Stocks, commodities pare losses but growth worries cloud outlook

A woman wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, looks at an electronic board displaying Japan’s Nikkei index outside a brokerage in Tokyo, Japan, March 7, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register SINGAPORE, May 10 (Reuters) – Asian equities slipped to the lowest in nearly two …

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EXCLUSIVE Tesla halts production at Shanghai plant due to supply issues - sources

EXCLUSIVE Tesla halts production at Shanghai plant due to supply issues – sources

Tesla China-made Model 3 vehicles are seen during a delivery event at the carmaker’s factory in Shanghai, China January 7, 2020. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register SHANGHAI, May 10 (Reuters) – Tesla Inc (TSLA.O) halted production at its Shanghai plant on Monday due to issues with securing parts for …

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