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2 days ago | 
gurutrade.com | Junko Fujita |Kevin Buckland |Rocky Swift |Mrigank Dhaniwala
TOKYO, June 5 (Reuters) - Japan's 30-year government bond prices rose after the weakest auction of the securities in more than a year added to pressure on the Ministry of Finance to reduce supply of super-long notes.
The bid-to-cover ratio, a measure of demand that gauges the number of bids against the amount of securities on offer, fell to 2.921, the worst since December 2023, and was down from 3.074 at the prior sale in May.
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2 days ago | 
today.westlaw.com | Tanay Dhumal |Mrigank Dhaniwala
(Reuters) -Vermilion Energy will sell its United States assets for C$120 million ($87.88 million), the Canadian gas producer said on Thursday, using the proceeds to repay debt and completing its exit from the U.S. market.
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1 week ago | 
gurutrade.com | Yadarisa Shabong |Mrigank Dhaniwala
May 30 (Reuters) - M&G said on Friday it has formed a strategic partnership with Dai-Ichi Life Holdings in which the Japanese life insurer plans to take a 15% stake in the British insurer and asset manager.
The partnership is expected to deliver at least $6 billion of new business flows for M&G and $2 billion of new business flows for Dai-ichi Life over the next five years, it said.
M&G said it would become Dai-ichi Life's preferred asset management partner in Europe as part of the deal.
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1 week ago | 
today.westlaw.com | Kate Holton |Yadarisa Shabong |Mrigank Dhaniwala
LONDON (Reuters) -Britain's Thames Water, on the brink of financial collapse, will have to pay a record 122.7 million pounds ($165.36 million) fine for breaching its legal obligations over sewage treatment and dividend payments, regulator Ofwat said...
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1 week ago | 
gurutrade.com | Meenakshi Maidas |Rashmi Aich |Mrigank Dhaniwala
May 27 (Reuters) - Tyremaker Goodyear India reported a profit in the fourth quarter on Tuesday, as higher replacement demand for tyres offset the impact of higher rubber prices.
U.S.-based Goodyear Tire's Indian unit posted a profit of 48.7 million rupees ($570,578) for the three months ended March 31 against a loss of 42.1 million rupees a year ago.
Goodyear India supplies tyres to BMW and Toyota among others and depends on automakers' sales for a major chunk of its revenue.
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2 weeks ago | 
gurutrade.com | Sruthi Shankar |Nivedita Bhattacharjee |Mrigank Dhaniwala
German stocks near record
AJ Bell jumps on half-year profit surge
Bond yields slip after run-up
May 23 (Reuters) - European stocks rose on Friday as easing bond yields provided relief to investors, while better-than-expected economic data supported sentiment.
The pan-European STOXX 600 index rose 0.2% by 0843 GMT, on course for its sixth straight week of gains.
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3 weeks ago | 
gurutrade.com | Jaspreet Kalra |Mrigank Dhaniwala
MUMBAI, May 13 (Reuters) - The Indian rupee closed nearly flat on Tuesday as a fall in local equities and dollar bids from state-run banks ate into the currency's early gains spurred by the cessation of military hostilities between India and Pakistan.
The rupee touched a peak of 84.6350 in early trading before ending at 85.33 against the U.S. dollar, nearly unchanged from its close at 85.37 on Friday.
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3 weeks ago | 
gurutrade.com | Sruthi Shankar |Eileen Soreng |Mrigank Dhaniwala
Bayer soars after first-quarter profit beat
Clean energy stocks surge
Munich Re, Hannover Re drop after results
May 13 (Reuters) - European stocks rose on Tuesday, as a jump in Bayer and clean energy stocks helped keep the momentum in markets a day after the United States and China announced a truce in their trade spat.
The continent-wide STOXX 600 index rose 0.3% by 0838 GMT, trading at a six-week high and rising for a fourth straight session.
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3 weeks ago | 
gurutrade.com | Sukriti Gupta |Rashmi Aich |Mrigank Dhaniwala
US and China reach deal to slash tariffs, officials say
Adidas, Puma gain, logistics rise after deal
Pharma stocks down after Trump moves to cut prices; Novo slumps
May 12 (Reuters) - European shares rose on Monday after the United States and China said they have agreed on a deal to slash reciprocal tariffs, giving investors some confidence that a full-scale trade war may have been averted.
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3 weeks ago | 
gurutrade.com | Kashish Tandon |Nivedita Bhattacharjee |Mrigank Dhaniwala
May 12 (Reuters) - Indian pharma stocks fell 1.6% on Monday, bucking broader market gains, after U.S. President Trump said he would cut drug prices by 30%–80% to match other wealthy nations.
Trump said he would sign an executive order on Monday to pursue "most favored nation" pricing.
The U.S. currently pays nearly three times more for many prescription drugs, though Trump offered no implementation details.
