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British Business - Aug 5

Aug 5 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Britain is heading for a protracted recession as inflation surges above 13%, causing the worst squeeze on living standards for more than 60 years, the Bank of Engl
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Nasdaq ends at three-month high as PayPal fuels optimism

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * U.S. service sector unexpectedly picks up in July * PayPal rises after raising profit outlook * Moderna jumps on $3 billion share buyback plan (Updates with end of session) By Noel Randewich Aug 3 (Reuters) - Wall Street ended sharply higher on
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Nasdaq hits three-month high as PayPal fuels optimism

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * U.S. service sector unexpectedly picks up in July * PayPal rises after raising profit outlook * Moderna jumps on $3 billion share buyback plan * Indexes: S&P 500 +1.58%, Nasdaq +2.53%, Dow +1.31% (Updates with details on afternoon trading, trad
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Nasdaq, S&P 500 open higher on positive forecasts from Apple, Amazon

July 29 (Reuters) - The Nasdaq and the S&P 500 opened higher on Friday as positive forecasts from Apple and Amazon indicated resilience in mega-cap companies to survive an economic downturn, with hopes of a less aggressive monetary policy boosting sentiment. The S&P 500 .SPX opened higher by 14.90 points, or 0.37%, at 4,087.33, while the Nasdaq Com
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Nasdaq set to open higher on positive forecasts from Apple, Amazon

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Apple sees continued strength in demand for iPhone * Amazon expects higher revenue in third quarter * Intel cuts annual forecasts, shares slide * Consumer spending beats expectations in June * Futures: Nasdaq 0.68, Dow flat, S&P 0.42% By
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World stocks eye best month since late 2020, dollar dips

* MSCI World index up 0.3%; nearly 6% for the month * Dollar dips again vs peers as traders eye data * Euro zone GDP data beats expectations; clouds ahead By Simon Jessop LONDON, July 29 (Reuters) - Global stocks rose on Friday, on course for their best month since late 2020, as euro zone growth beat expectations, while the dollar dipped as traders
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Nasdaq futures surge as Apple, Amazon hold out against weak consumer spending

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Futures up: Nasdaq 1.06%, Dow 0.27%, S&P 0.72% July 29 (Reuters) - U.S. stocks futures gained led by the Nasdaq on Friday as positive forecasts from Apple and Amazon indicated resilience in mega-cap companies in the face of weaker consumer spen
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World stocks eye best month since late 2020, dollar recovers

* MSCI World index up 0.2%; nearly 6% for the month * Dollar recovers early losses to trade flat vs peers * Euro zone GDP data beats expectations; clouds ahead By Simon Jessop LONDON, July 29 (Reuters) - Global stocks rose on Friday, on course for their best month since late 2020, as euro zone growth beat expectations, while the dollar staged a rec
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World stocks eye best month since late 2020, dollar slips

* MSCI World index up 0.3%; nearly 6% for the month * Dollar down 0.5% against a basket of major peers * Markets bet U.S. slowdown to temper rate tightening By Simon Jessop and Kanupriya Kapoor LONDON/SINGAPORE, July 29 (Reuters) - Global stocks rose on Friday, on course for their best month since late 2020 as traders bet a weakening U.S. economy c
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Stocks shrug off Wall St rally as focus shifts to China worries

By Kanupriya Kapoor SINGAPORE, July 29 (Reuters) - Asian stocks were mixed on Friday as fresh concerns about Chinese growth trumped any fillip regional markets received from brisk Wall Street earnings and some tempering of more aggressive expectations about U.S. interest rate hikes. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0
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Shares rally as markets bet on more gradual rate hikes

By Kanupriya Kapoor SINGAPORE, July 29 (Reuters) - Asian stocks took their cue on Friday from a late rally on Wall Street, as markets focused on a possible slowdown in the pace of rate hikes rather than a U.S. recession after data showed its economy shrinking for a second straight quarter. MSCI's broadest index of Asia-Pacific shares outside Japan
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Wall St ends up sharply for 2nd day; Amazon.com, Apple jump after hours

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * U.S. economy contracts in the second quarter * Meta Platforms revenue drops for first time * Ford shares gain after results * Indexes: Dow up 1%, S&P 500 up 1.2%, Nasdaq up 1.1% (Updates close with S&P 500 futures up late, Apple shares up
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SK Hynix sees H2 server memory chip demand slowing as recession fears haunt customers

* Sees businesses cutting costs on recession concerns * Considering 2023 capex options, including major reduction * SK Group to invest $15 bln in U.S. chip industry By Joyce Lee and Heekyong Yang SEOUL, July 27 (Reuters) - South Korea's SK Hynix Inc 000660.KS , the world's no. 2 memory chipmaker, warned demand is likely to slow in the second half o
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Indexes drop as Walmart profit warning spooks investors

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Walmart cuts profit forecast; news hits retailers * McDonald's up as sales, profit top estimates * Coca-Cola up on forecast raise * Indexes: Dow down 0.7%, S&P 500 down 1.2%, Nasdaq down 1.9% (New throughout, updates with official closing price
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Indexes end sharply lower as Walmart profit warning spooks investors

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Walmart cuts profit forecast; news hits retailers * McDonald's up as sales, profit top estimates * Coca-Cola up on forecast raise (New throughout, updates prices, market activity and comments to close) By Caroline Valetkevitch NEW YORK, July 26
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Indexes drop after Walmart profit warning; Nasdaq down 2%

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Walmart cuts profit forecast; news hits retailers * McDonald's up as sales, profit top estimates * Coca-Cola up on forecast raise * Indexes down: Dow 0.8%, S&P 500 1.3%, Nasdaq 2% By Caroline Valetkevitch NEW YORK, July 26 (Reuters) - U.S. stoc
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Nascent U.S. stock rally hangs in balance as Wall St awaits megacap earnings

By Lewis Krauskopf NEW YORK, July 26 (Reuters) - Results from the four largest U.S. companies by market value highlight a busy week of corporate earnings and could help determine whether the stock market can sustain its recent rally. Microsoft Corp MSFT.O and Google-parent Alphabet Inc GOOGL.O are set to report after the market closes on Tuesday, w
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Stocks wobble on Walmart warning, looming Fed hike

By Kane Wu HONG KONG, July 26 (Reuters) - Asian shares wobbled on Tuesday and bonds were firm as a profit warning from Walmart put consumption and company earnings under a cloud ahead of what is likely to be another sharp U.S. interest rate hike. MSCI's broadest gauge of Asia stocks outside Japan .MIAPJ0000PUS meandered just above flat. Japan's Nik
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British Business - July 26

July 26 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - England is facing a drought next month as analysis shows that the first six months of this year were the driest since 1976 and the government and water companies
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Nasdaq falls with dollar, oil rises; earnings, Fed in focus

(New throughout, updates prices, market activity and comments to U.S. market close) * U.S. stocks chop around with Nasdaq closing lower * Euro zone survey shows German morale dropping * Fed in focus with two-day policy meeting on Tuesday By Sinéad Carew NEW YORK, July 25 (Reuters) - Nasdaq .IXIC closed lower on Monday after a choppy session for U.
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