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U.S. weekly jobless claims rise; labor market recovery stalling
By Lucia MutikaniWASHINGTON (Reuters) - The number of Americans filing for unemployment benefits rose last week for the first time in…
Bounceback in U.S. shale oil output is unlikely to last the summer
By Jennifer Hiller and Devika Krishna KumarHOUSTON/NEW YORK (Reuters) - A reopening of some major economies locked down due to the…
Russia’s economy contracted 4.2% in first half 2020: Ifax cites economy minister
MOSCOW (Reuters) - Russia's gross domestic product (GDP) declined 4.2% in the first half of 2020, Economy Minister Maxim (NASDAQ:MXIM)…
Dollar licks wounds as investors fret over U.S. stimulus
By Stanley WhiteTOKYO (Reuters) - The dollar nursed losses against most currencies, undermined by concern that Republicans and Democrats…
Coca-Cola predicts recovery after ‘most challenging’ quarter
By Nivedita Balu(Reuters) - Coca-Cola Co (N:KO) said on Tuesday demand for its beverages was improving after reporting a 28% slump in…
Japan’s core consumer prices flat, deflation risks remain
TOKYO (Reuters) - Japan's core consumer prices snapped two straight months of declines in June but risks remain for a prolonged economic…
Asian shares defensive; eyes on EU summit, U.S. stimulus talks
By Swati PandeySYDNEY (Reuters) - Asian shares began warily on Monday as investors eyed efforts to stitch together more fiscal stimulus…
Wall Street Week Ahead: Fund managers navigate ‘Night of the Living Dead’ in small caps
By David RandallNEW YORK (Reuters) - Investors are searching for bargains in the world of U.S. small-caps, as the beaten-down asset…
Cuba broadens use of dollars, eliminates 10% tax on greenback
By Marc FrankHAVANA (Reuters) - Cuba said on Thursday it will allow some stores to sell food, personal hygiene and other consumer goods…
Oil prices slip after OPEC, allies agree to loosen oil supply curbs
By Yuka ObayashiTOKYO (Reuters) - Oil prices slid on Thursday after OPEC and allies such as Russia agreed to ease record supply curbs…