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| Bulgaria will be next euro zone member, but should not rush-EU's Moscovici SOFIA, April 27 (Reuters) - Bulgaria will become the euro zone's 20th member, but it should not rush through the process, European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Friday. The Balkan country, which currently holds the EU presidency is pushing to adopt the ...
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| Why the Euro Slid despite the European Central Bank's Optimism The ECB (European Central Bank) left its policy unchanged at its April meeting, squashing any hopes for tightening in the near term. In response to the ECB's post-meeting statement, the euro-US dollar exchange rate edged lower and tested lows last seen in January. This reaction was surprising, as the ...
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| With a week until the U17 Euro Finals, England boss Steve Cooper writes for TheFA.com The next generation of Young Lions are about to embrace on a once-in-a-lifetime opportunity. On Friday 4 May, England host the UEFA U17 European Championship Finals, with Steve Cooper's squad striving to build on the legacy laid down by the unforgettable success enjoyed by the nation's youth ...
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| Yen | ||||||
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| Sony expects 8.8 percent annual profit drop as strong yen slows image sensor biz ... forecast profit to fall to 670 billion yen ($6.13 billion) from 734.86 billion yen a year prior, when earnings exceeded the previous peak set in the year through March 1998. The outlook compared with the 765.04 billion average of 23 analyst estimates compiled by Thomson Reuters. ($1 = 109.2800 yen).
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| Japan's Honda, Mazda issue profit warnings as yen rise clouds outlook Honda on Friday forecast a surprise 16 percent drop in operating profit to 700 billion yen (4.7 billion pounds) for the year to March 2019, versus a consensus estimate for a rise, while Mazda Motor Corp (7261.T) projected a wider-than-expected drop of 28 percent to 105 billion yen. "Last year our forex ...
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| Strong Switch demand pushes Nintendo sales above 1 tril. yen mark Nintendo Co. said Thursday its group sales more than doubled in the year ended March, topping 1 trillion yen ($9.1 billion) for the first time in seven years, amid continuing strong demand for the Switch game console. The Kyoto-based company also announced Managing Executive Officer Shuntaro ...
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| Dow Jones,Nasdaq,Oil, | ||||||
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| Global weekly warp: Rising bond yields, oil prices spook equity markets as US markets fall; Europe ... ... ending two-week winning streaks. The Nasdaq Composite and the Dow Jones Industrial Average, meanwhile, finished the week with losses of 0.4 percent and 0.6 percent, respectively. Investors kept a close eye on Treasury yields, which touched new multi-year highs on Wednesday before slipping in ...
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| US stocks mixed at close of trade; Dow Jones Industrial Average down 0.05% ... Utilities and Healthcare sectors led shares higher while losses in the Oil & Gas, Basic Materials and Technology sectors led shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 0.05%, while the S&P 500 index gained 0.11%, and the NASDAQ Composite index gained 0.02%.
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| Hot Mover to Watch – Extraction Oil & Gas Inc (NASDAQ: XOG) At 3:00 a.m. EST, the Dow Jones Industrial Average rose 238.51 points, or 0.99%, to 24,322.34, with 25 of the Dow's 30 components higher. The S&P 500 added 27.54 points, or 1.04%, to 2,666.94. The Nasdaq Composite Index surged 114.94 points, or 1.64%, to 7,118.68. Nine of the 11 primary sectors ...
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