Oil Prices Steady after Days of Losses

LONDON, Aug 21 Reuters Oil prices steadied on Wednesday, with benchmark Brent holding above 77 a barrel, after steady selloffs driven by expectations of reduced Chinese demand and diminishing concerns the conflict in the Middle East could spread and disrupt supply. Brent crude futures were up 14 at 77.34 a barrel by 1142 GMT. U.S. West Texas […]
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Euro Currency Emerges a Winner from Market Turmoil

Euro now 2nd best performing major currency vs USD in 2024 Could rally to 1.12 nearterm, FX analysts say Gains seen limited, uncertainties still high Aug 21 Reuters The euro is trading at its highest this year against the dollar, emerging as a clear winner from the recent ructions in global currency markets that have unsettled a […]
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Indian Shares Pause after FourDay Rally

BENGALURU, Aug 21 Reuters Indian shares took a breather on Wednesday after a foursession rally, mirroring the move in other Asian markets, while analysts expect traders to buy the dip through the day. The NSE Nifty 50 index was off a mere 0.04 at 24,691.42 as of 1020 a.m. IST, and the SP BSE Sensex shed 0.02 […]
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JJ to Buy Medical Device Maker VWave for Up to 1.7 bln

Aug 20 Reuters Johnson Johnson said on Tuesday it would buy privately held VWave for up to 1.7 billion, the healthcare conglomerate39;s second deal this year aimed at boosting its presence in the market for heart disease devices. JJ said it will pay 600 million upfront, with potential payments of up to 1.1 billion contingent on […]
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