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☆ Fed hopes buoy shares, China COVID easing boosts oil
▼ + stars: | 2022-11-11 | by ( Huw Jones | ) www.reuters.com time to read: +5 min

Oil prices jumped after health authorities in top global crude importer China eased some of the country's heavy COVID curbs. The S&P 500 (.SPX) and Nasdaq (.IXIC) racked up their biggest daily percentage gains in over 2-1/2 years on Thursday after U.S. data showed prices rose less-than-expected in October. Market bets on the Fed raising rates by 50 basis points instead of 75 basis points increased. US inflation, Fed rates and marketsDOLLAR DIVEInvestors poured into risky assets after the U.S. data, with the dollar suffering its biggest daily drop in 13 years on Thursday. Meanwhile, oil prices rose on Friday after the U.S. inflation data but were on track for weekly declines of more than 4% due to COVID-related worries in China.

LONDON, Nov 11 (Reuters) - Defusing this year's single biggest shock to the world economy could catalyze a rebound in global markets many investors feel is overdue - but may also raise other uncomfortable conundrums. Murmurs about some endgame in the 9-month-old Russian invasion of Ukraine - suggestions of anything from 'talks about talks' to some negotiated ceasefire - have swirled in media over the past week. All were watched as intently by global investors as much as politicians or military strategists. Western sanctions slapped on Moscow seeded an energy and food price explosion that compounded and elongated the post-pandemic inflation spike around the world. US Geopolitical RiskUS inflation, Fed rates and marketsThe opinions expressed here are those of the author, a columnist for Reuters.

Leslie Phillips, the British actor in the “Harry Potter” and “Carry On” films, has died following a long illness. Phillips, who was the voice of the Sorting Hat in the “Harry Potter” films, starred in over 200 movies, TV and radio series during a career that spanned more than 80 years. From left, actors Jodie Whittaker, Leslie Phillips and Richard Griffiths on Feb. 8, 2007, in London. He was mobbed everywhere he went,” Zara said to the newspaper. Leslie Phillips and Jon Pertwee promote their BBC radio show 'Navy Lark' in London on March 26, 1969.

☆ More Companies Pause Deal-Making Amid Market Volatility, High Inflation
▼ + stars: | 2022-10-10 | by ( Kristin Broughton | ) www.wsj.com time to read: +7 min

Many companies are taking a pause on acquisitions as a cocktail of worrying economic factors, including high inflation, rising interest rates and market volatility, is sapping the confidence of buyers and sellers. Deal-making activity is expected to remain tepid overall during the fourth quarter compared with 2021, barring an improved economic outlook and lower inflation readings, M&A advisers said. For instance, spinoffs or divestitures could become more popular deal structures as companies review their business models, Refinitiv’s Mr. Toole said. Even a number of early M&A discussions, including about possible financing options, are drying up, M&A advisers said. During the latest quarter, Adobe acquired 5.1 million shares at a cost of $1.8 billion, it said.

☆ New York is now the nation's busiest port in a historic tipping point for U.S.-bound trade
▼ + stars: | 2022-09-24 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

This comes as the flow of trade continues to move away from the West Coast with logistics managers worried about a labor strike or lockout. More East Coast trade, and more port congestionThe CNBC Supply Chain Heat Map for the U.S. shows how the continued increase in trade has East Coast ports and Gulf port as the winners in this movement of freight. Maritime prices fallingThe flow of trade away from the West Coast has decreased the demand for vessel space, leading Far East to West Coast maritime freight prices to fall. "Shippers are still bringing in a lot of containers, on the East Coast and West Coast and Gulf Coast as well." Shippers are still hesitant to return re-routed cargo to the U.S. West coast, Sand said.

☆ Stash just revamped its tech and announced new partnerships with Mastercard and Marqeta as the fintech looks to stand out in a crowded field
▼ + stars: | 2022-09-21 | by ( Carter Johnson | ) www.businessinsider.com time to read: +5 min

Stash announced Wednesday the launch of a new core banking system and a refreshed debit card. CEO Brandon Krieg told Insider 'Stash Core' will make it easier to develop new products. The startup inked new partnerships with Mastercard, Stride Bank, Marqeta, and other fintech names. For Stash, a fintech built on both deposit banking and investing rails, that has led to an overhaul of the fintech's financial infrastructure and a host of new partnerships. On Wednesday, Stash announced the launch of Stash Core, a new banking system that Brandon Krieg, Stash's cofounder and CEO, said amounts to a rebuild of the startup's back-end tech stack.

☆ 3 Irish pub staffers on working during St. Patrick's Day madness: 'It's a party all night long'
▼ + stars: | 2022-03-18 | by ( Gabriela De Camargo Gonçalves | ) www.businessinsider.com time to read: +6 min

St. Patrick's Day is one of the busiest days of the year for pubs across the US. And local watering holes and businesses are busier than ever — especially on a day like St. Patrick's Day. You get to meet people from all over the world looking to celebrate St. Patrick's Day. St. Patrick's Day is a pretty wild day. The year before last, they didn't do a St. Patrick's Day celebration because they'd just shut down.

☆ După Brexit, Regatul Unit riscă să devină Regatul Destrămat; Scoţia şi Irlanda de Nord, tot mai aproape de UE
▼ + stars: | 2021-01-03 | by ( ) www.jurnal.md time to read: +3 min

Mişcarea de independenţă din Scoţia a crescut în amploare, după referendumul pentru independenţă din 2014. Atunci, 55% dintre scoţieni acceptau să rămână în Marea Britanie. O situaţie specială întâlnim în Irlanda de Nord, care a reprezentat, de altfel, un punct delicat în negocierile Brexit dintre Marea Britanie şi UE: frontiera dintre Irlanda (membru UE) şi Irlanda de Nord (parte a UK) este singura pe uscat dintre Uniunea Europeană şi Regatul Unit. Perspectiva unei „vămi dure” între Irlanda şi Marea Britanie a provocat îngrijorări referitoare la posibila revenire a violenţelor din regiune din anii 1970-1980. „Astfel, cu cât Marea Britanie se îndepărtează mai mult de UE, cu Irlanda de Nord va avea mai multe lucruri în comun cu UE şi, implicit, Irlanda”.

Persons: scoţienii, Nicola Sturgeon, Boris Johnson, CNN Katy Hayward, Britanie, Matthew O'Toole Organizations: Uniunii Europene, National, UE, Uniunea Europeană, Queen's University, Adunarea Locations: Marii Britanii, UE, Regatul Unit, Anglia, Ţara Galilor, Scoţia, Irlanda de Nord, UK, Regatului Unit, Londrei, Irlanda, Irlandei de Nord, Belfast

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