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Trading Day: The oil, bonds tango

Trading Day: The oil, bonds tango

By Jamie McGeever ORLANDO, Florida, May 4 (Reuters) - Oil prices jumped further above the $100-a-barrel mark on Monday as Iran controls the Strait of Hormuz, despite U.S. efforts to free up shipping, pushing U.S. Treasury yields higher and dragging stocks lower.
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Analysis-Trump's Germany troop cuts show limits of NATO efforts to keep US on board

Analysis-Trump's Germany troop cuts show limits of NATO efforts to keep US on board

By Andrew Gray and Lili Bayer BRUSSELS, May 4 (Reuters) - European officials have been working on ways to convince Donald Trump to keep the United States in NATO despite severe tensions over the Iran war.
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Germany's Merz marks a year in office facing deep transatlantic crisis

Germany's Merz marks a year in office facing deep transatlantic crisis

By James Mackenzie BERLIN, May 4 (Reuters) - Chancellor Friedrich Merz marks a year in office this week facing the biggest crisis with Washington in decades, after President Donald Trump said he would hit European auto imports with 25% tariffs and pull thousands of troops out of Germany.
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Euro area factories snapped up raw materials in April as optimism slumped amid Middle East war - PMI

Euro area factories snapped up raw materials in April as optimism slumped amid Middle East war - PMI

LONDON, May 4 (Reuters) - Euro area manufacturers rushed to build inventories of raw materials in April amid fears of further supply disruptions and higher costs linked to conflict in the Middle East while business confidence slumped to its lowest since late 2024, a survey showed on Monday.
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rhode Beauty Expands into Sephora Europe, Enhancing Global Reach

rhode Beauty Expands into Sephora Europe, Enhancing Global Reach

rhode Beauty Expands into Sephora Europe, Enhancing Global Reach
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Trump says US will reduce number of troops in Germany 'a lot further' than withdrawal of 5,000

Trump says US will reduce number of troops in Germany 'a lot further' than withdrawal of 5,000

President Donald Trump said the U.S. is going to significantly reduce its troop presence in Germany, escalating a dispute with Germany’s leader as he seeks to scale back America’s commitment to European security
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GRIN Therapeutics Expands Phase 3 Beeline Study for GRIN-NDD in Europe

GRIN Therapeutics Expands Phase 3 Beeline Study for GRIN-NDD in Europe

GRIN Therapeutics has initiated its Phase 3 Beeline study in Europe, expanding its global clinical program for radiprodil, a treatment for GRIN-related neurodevelopmental disorder (GRIN-NDD). The study aims to evaluate the efficacy and safety of radiprodil, targeting NMDA receptor overactivation. The European expansion includes sites in Belgium, France, Germany, and other countries, building on previous studies in the US and UK. This marks a significant step in developing a targeted therapy for GRIN-NDD, a complex neurodevelopmental condition.
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Auto Racing Champion Alex Zanardi Passes Away at 59, Leaving Legacy of Resilience

Auto Racing Champion Alex Zanardi Passes Away at 59, Leaving Legacy of Resilience

Auto Racing Champion Alex Zanardi Passes Away at 59, Leaving Legacy of Resilience
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Alex Zanardi, auto racing champ who won Paralympic golds between life-altering accidents, dies at 59

Alex Zanardi, auto racing champ who won Paralympic golds between life-altering accidents, dies at 59

Italian auto racing champion-turned-Paralympic gold medalist Alex Zanardi has died at 59
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Taiwan president defiant as begins Eswatini trip; China calls him a 'rat'

Taiwan president defiant as begins Eswatini trip; China calls him a 'rat'

TAIPEI, May 3 (Reuters) - Taiwan has a right to engage with the world and no country can stop that, President Lai Ching-te told Eswatini's king after he arrived for a surprise trip that Taipei says Beijing tried to stop, as China condemned him as a "rat".
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Alex Zanardi, auto racing champion who won Paralympic gold after life-altering accidents, dies at 59

Alex Zanardi, auto racing champion who won Paralympic gold after life-altering accidents, dies at 59

Italian auto racing champion-turned-Paralympic gold medalist Alex Zanardi has died at 59
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Germany focuses on shared interests after US announces troop drawdown

Germany focuses on shared interests after US announces troop drawdown

The German defense minister has responded to the U.S. plan to withdraw 5,000 troops from Germany, emphasizing the mutual benefits of the U.S. military presence in Europe