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Blog 3 Columns

  • Pfizer Pledge For More Equal Access to Rsv Shot Faces Hurdles

    Pfizer Pledge For More Equal Access to Rsv Shot Faces Hurdles0

    Pfizer Inc (NYSE:PFE) has pledged to deliver critical new medicines more quickly in low-income nations, but its first such vaccine effort faces hurdles likely to delay distribution in poorer countries by several years, global health officials told Reuters. Pfizer made a commitment on more equitable access last year, following criticism that it prioritized wealthy nations

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  • Amazon’s AWS Warning, PCE Ahead, European Economic Data – What’s Moving Markets

    Amazon’s AWS Warning, PCE Ahead, European Economic Data – What’s Moving Markets0

    Amazon warns of a slowdown at its crucial cloud-computing division, while U.S. stock futures edge down after a fresh batch of other corporate results. Focus will turn to the Federal Reserve’s preferred inflation gauge later today, but in the meantime traders are digesting major economic data out of Europe U.S. stocks pointed lower on Friday

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  • Volvo Cars Plans Cost Cuts As First-Quarter Profit Drops

    Volvo Cars Plans Cost Cuts As First-Quarter Profit Drops0

    Sweden-based automaker Volvo Car Group reported a smaller-than-expected fall in first-quarter operating earnings on Thursday and said while overall demand remained healthy it may still cut costs as the global economy slows down. Volvo Cars, majority-owned by China’s Greely Holding, said operating earnings fell to 5.1 billion Swedish crowns ($494.63 million) in the quarter from

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  • Gold Steadies Around $2,000 As Recession Fears Fuel Safe Haven Demand

    Gold Steadies Around $2,000 As Recession Fears Fuel Safe Haven Demand0

    Gold prices moved little on Friday, but stuck to key levels as a string of weak economic readings brewed concerns over slowing growth and fed into haven demand for the yellow metal. While gold prices were pressured by some strength in the dollar this week, softer-than-expected manufacturing and employment readings weighed on the greenback in

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  • Asian Stocks Fall As Rate Hike Jitters Mount, China Leads Losses

    Asian Stocks Fall As Rate Hike Jitters Mount, China Leads Losses0

    Most Asian stock markets retreated on Thursday, tracking a weak lead-in from Wall Street as fears of rising interest rates and slowing economic growth kept traders wary of risk-driven assets. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes were among the worst performers for the day, down about 0.6% and 0.7%, respectively. Chinese markets

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  • Gold Edges Lower As Markets Seek Clarity On Fed Rate Hikes

    Gold Edges Lower As Markets Seek Clarity On Fed Rate Hikes0

    Gold prices fell slightly in Asian trade on Wednesday, but hovered around key levels as markets awaited more cues on U.S. monetary policy from a string of upcoming Federal Reserve speakers and reports. The yellow metal retook the $2,000 level on Tuesday as the dollar and U.S. Treasury yields cooled after a recent recovery rally.

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