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European shares open higher on boost from miners European shares 🇪🇺 edged higher on Monday, as miners rose on China 🇨🇳 demand hopes, while caution prevailed after a top Federal Reserve policymaker warned that the U.S. central bank would not "soften" its fight against inflation. The pan-European STO…

European stocks higher; buoyant tone despite U.K. GDP fall European stock markets 🇪🇺 traded higher Friday, continuing the positive tone generated by the softer-than-expected U.S. inflation, even as growth data pointed to the U.K. entering a recession. At 03:50 ET (08:50 GMT), the DAX index in Germa…

Shares dip, dollar holds steady ahead of U.S. inflation data Share markets edged down 📉 on Thursday and the dollar held onto overnight gains before U.S. inflation data that will influence the Federal Reserve's rate plans, while the likely collapse of a major crypto exchange rattled investors. Europ…

World markets await midterm vote tallies Investors are expecting Republican gains in U.S 🇺🇸. midterm elections, a result that could ease worries about Democratic spending and regulation but set up a bruising fight over raising the U.S. debt ceiling next year. Control of Congress was still up for gr…

ConocoPhillips boosts investor returns after bumper oil and gas profit ConocoPhillips posted an 87.5% surge in 3️⃣ third-quarter profit that topped Wall Street expectation on Thursday, extending a string of bumper earnings from oil producers benefiting from higher energy prices, and raised its shar…

World stocks at 5-week high, earnings in the spotlight World stocks 🌐 scaled a five-week high on Wednesday, lifted by growing hopes that the pace of U.S. interest rate hikes could soon start to slow. Wall Street stocks futures fell, pointing to a weak open later on, after Google-owner Alphabet (NAS…

Upbeat earnings lift European stocks European stocks rose on Tuesday after a slew of better-than-expected earnings reports helped offset worries about fast rising interest rates and a slowing 🇪🇺 euro zone economy. The pan-European STOXX 600 index 📈 rose 0.5% by 0717 GMT, with media and technology s…

Nasdaq futures fall as Tesla warns on 2022 deliveries U.S. stock index 📊 futures slipped on Thursday, with those of the Nasdaq taking the biggest hit, after Tesla (NASDAQ:TSLA) failed to meet estimates for quarterly revenue and warned of missing its vehicle delivery target. Shares of the electric-v…

Crude Oil Falls to Lowest Levels in Two Weeks on Demand Concerns Oil prices 🛢fell Tuesday, weighed by increasing concerns over a global economic slowdown even with tightening crude supply. By 09:20 ET (13:20 GMT), U.S. crude futures traded 1.4% 📉 lower at $83.34 a barrel, while the Brent contract f…

Morgan Stanley Falls as Volatility Hits Dealmaking Morgan Stanley (NYSE:MS) stock fell in premarket after the investment bank's 🏦 third quarter earnings pointed to weakness in its core investment banking division due to global market volatility. The bank's global advisory operations on mergers and …

Volkswagen to take 60% stake in $2 billion tech JV with China's Horizon Robotics Volkswagen's software unit Cariad will spend more than $2 billion 💰 and take a 60% stake in a new venture with Chinese technology firm Horizon Robotics, it said on Thursday, tackling two big challenges: software and th…

Oil falls on fears of global recession, China COVID flare-up Oil prices 🛢 fell about 2% on Tuesday, extending the previous session's almost 2% decline, as recession fears and a flare-up in COVID-19 😷 cases in China raised concerns over global demand. World Bank 🏦 President David Malpass and Interna…

MENA to grow at 5.5%, fastest since 2016 as oil boosts Gulf - World Bank The Middle East and North Africa region is expected to post economic growth of 5.5% in 2022, the fastest pace since 2016, before slowing to 3.5% growth next year, 🏦 the World Bank said on Wednesday. Oil exporters 🛢 in MENA, th…

Foreign outflows from EM Asian equities exceed 2008 outgo Foreigners resumed selling in Asian equities ex-China 🇨🇳 stocks in September as investors were deterred by U.S. interest rate hikes, a firmer greenback and a weaker regional growth outlook. Data from stock exchanges 📊 in South Korea, India, …

Deutsche Bank Bullish Ahead of Tesla’s AI Day and 3Q Report Deutsche Bank reiterated a Buy rating and $400 price target on Tesla Inc (NASDAQ:TSLA) ahead of the electric vehicle maker’s 3Q22 delivery and 📄 production report. Tesla is slated to report 3Q22 deliveries and production figures this weeke…