Jan 24 (Reuters) – President Vladimir Putin said on Tuesday that there were shortages of some medicines in Russia, despite the country producing more of its own drugs, and suggested building up stocks of popular medicines to help meet demand. While prescription drugs are exempt from Western sanctions imposed over …
Read More »U.S business activity downturn eases slightly; euro zone back to growth
U.S. business activity better than expected, but remains soft Euro zone posts surprise return to modest growth Britain PMI falls at fastest rate in two years, surveys show NEW YORK/LONDON Jan 24 (Reuters) – The downturn in U.S. business activity eased slightly in January even as it contracted for the …
Read More »Exclusive: Binance moved $346 mln for seized crypto exchange Bitzlato, data show
LONDON, Jan 24 (Reuters) – Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by U.S. authorities last week for allegedly running a “money laundering engine,” blockchain data seen by Reuters show. The Justice Department on Jan. 18 said it …
Read More »Morning Bid: Hanging tough
A look at the day ahead in U.S. and global markets from Mike Dolan. As the world’s major central banks turned the interest rate screw this week and insisted on more tightening ahead, their economies showed more signs of buckling under the pressure. And while markets lurched lower on the …
Read More »Stocks and bonds tumble as hawkish central banks dash pivot hopes
LONDON, Dec 16 (Reuters) – World stocks were stuck near one-month lows and government bond markets came under fresh selling pressure on Friday, a day after a slew of central banks jacked up interest rates and signalled that the fight to tame inflation was not over yet. Interest rates went …
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