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European stocks kick off September on gloomy note as bond yields rise

European stocks kick off September on gloomy note as bond yields rise

Sept 1 (Reuters) - European shares dipped on Tuesday, pressured by a fresh rise in government bond yields as investors braced for higher interest rates.  The pan-European STOXX 600 slipped 0.2% to a more than one-week low by 0815 GMT.
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Global AI boom fuels Asia factory expansion in August

Global AI boom fuels Asia factory expansion in August

By Leika Kihara Sept 1 (Reuters) - Surging global demand for AI hardware kept Asia's factories humming in August, private surveys showed on Tuesday, brightening prospects for the export-reliant region even as the prolonged Middle East war fuels uncertainty and rising costs.
Reuters Reuters
The battle to build a global defence bank

The battle to build a global defence bank

By Iain Withers, Elisa Martinuzzi and Lefteris Papadimas LONDON, Aug 30 (Reuters) - Canadian Prime Minister Mark Carney has thrown his weight behind a new global defence bank intended to help allies rearm, but other major economies have yet to commit just weeks before prospective members are due to
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Shein makes lacklustre Hong Kong debut as investors fret about growth and regulatory risks

Shein makes lacklustre Hong Kong debut as investors fret about growth and regulatory risks

By Yantoultra Ngui, Selena Li and Kane Wu HONG KONG, Sept 1 (Reuters) - Shares in online fast-fashion retailer Shein ended flat in their Hong Kong debut on Tuesday, failing to gain a typical first-day pop amid worries about setbacks that have undermined its competitive advantage.
TheStreet TheStreet
State Farm is sending $5B back to customers for one reason

State Farm is sending $5B back to customers for one reason

The largest payout in State Farm's history may signal the cycle's peak
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Oil settles up by more than 2.5% as US and Iran resume military attacks

Oil settles up by more than 2.5% as US and Iran resume military attacks

By Georgina McCartney HOUSTON, Aug 31 (Reuters) - Oil prices settled more than 2.5% higher on Monday after a resumption of military action between the U.S. and Iran rekindled market concerns about global supply disruption, as the conflict extended into its sixth month.
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Stocks cautious on US-Iran escalation, bond yields hit multi-year highs

Stocks cautious on US-Iran escalation, bond yields hit multi-year highs

By Wayne Cole and Dhara Ranasinghe LONDON, Aug 31 (Reuters) - World stock markets looked set to end August on a cautious note on Monday as fresh fighting between the U.S. and Iran pushed oil prices higher, while borrowing costs in Germany and Japan hit fresh multi-year highs.
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With US bill's fate in balance, Ukraine to lobby US on Russia sanctions

With US bill's fate in balance, Ukraine to lobby US on Russia sanctions

By Patricia Zengerle WASHINGTON, Aug 31 (Reuters) - Ukraine's top sanctions official will visit Washington this week to urge members of the U.S.
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Shareholder opposition to executive pay eases globally

Shareholder opposition to executive pay eases globally

By Simon Jessop LONDON, Sept 1 (Reuters) - Shareholder rebellions over executive pay eased across many of the world's biggest stock markets this year, with opposition falling in Europe, the United States and Japan despite a handful of high-profile revolts.
Reuters Reuters
Shein set for lacklustre debut after setbacks cause huge drop in valuation

Shein set for lacklustre debut after setbacks cause huge drop in valuation

By Yantoultra Ngui, Casey Hall and Helen Reid HONG KONG, Sept 1 (Reuters) - Chinese online fashion giant Shein's Hong Kong debut on Tuesday caps a years-long effort to tap capital markets after trying to list in vain in the West, but may bring little comfort to investors with an expected lacklustre
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Europe's STOXX 600 falls as oil prices jump, but secures fifth monthly gain

Europe's STOXX 600 falls as oil prices jump, but secures fifth monthly gain

By Medha Singh and Ragini Mathur Aug 31 (Reuters) - European shares fell on Monday as fresh U.S.-Iran military strikes drove oil prices and bond yields higher, though the benchmark STOXX 600 marked its fifth consecutive monthly gain.
USA Today USA Today
Audiobooks' new frontier: Immersive sound, famous voices make movies for your ears

Audiobooks' new frontier: Immersive sound, famous voices make movies for your ears

With massive production teams, full sound effects and A-List talent in the booth, audiobooks are becoming more and more Hollywood.