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Europe Shares End Slightly Higher ahead of Christmas Holiday

Prosus, Ubisoft drop on China39;s curb on gaming spend Adidas, Puma drop on Nike39;s outlook cut Argenx rebounds after recent slide Dec 22 Reuters European stocks closed with a whimper on Friday, as softerthanexpected U.S. inflation data offset losses in sportwear makers and Chinaexposed stocks ahead of the Christmas holiday weekend. The panEuropean STOXX 600 […]
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Stocks Edge Up, Dollar Eases before Long Holiday Weekend

SP 500, Nasdaq end higher, Dow down slightly U.S. prices fall in November Commerce Department report Dollar falls to near 5month low NEW YORK, Reuters Global stock indexes mostly rose while the U.S. dollar dipped to a near fivemonth low on Friday ahead of the long holiday weekend, with coolerthanexpected U.S. inflation data supporting the view […]
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TSX Climbs to 18Month High ahead of Christmas Break

TSX ends up 0.6 at 20,881.19 Posts its highest closing level since June 2022 Bond proxies benefit from rate cut hopes TFI International adds 7.9 after acquisition Dec 22 Reuters Canada39;s main stock index rose to an 18month high on Friday, with the index posting broadbased gains ahead of the Christmas holiday weekend as cooling […]
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Most Gulf Bourses Gain on Rate Cut Bets; Egypt Dips

Reuters Most stock markets in the Gulf ended higher on Sunday as coolerthanexpected U.S. inflation data supported the view that the Federal Reserve could cut borrowing costs early in 2024. The U.S. Commerce Department report showed prices fell in November for the first time in more than 312 years. The Fed signaled at its Dec. 13 meeting […]
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Sberbank could be Attractive Candidate for Privatisation, CEO

Dec 22 Reuters Sberbank could be an attractive candidate for privatisation, German Gref, CEO of Russia39;s biggest bank, said on Friday, as the government looks to stimulate profitability and cut costs at stateowned companies. The Russian government owns controlling stakes in many large companies, including a 50 plus one share stake in Sberbank. Russian Finance Minister […]
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Germanys Stada has Spun Off Russian Business Newspaper

BERLIN, Reuters Generic drugmaker Stada has spun off its Russian business into a separate company called Nizhpharm, the Welt am Sonntag newspaper reported on Saturday, citing a spokesperson from the German company. Nizhpharm will operate independently and autonomously, the newspaper cited a spokesperson as saying. Stada declined to comment on the report. The private equity owners […]
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