07 April

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S&P 500 Snaps 3-Day Win Streak as Bulls Hit Pause on ‘Overbought’ Stocks By Investing.com

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By Yasin Ebrahim Investing.com – The S&P 500 snapped a three-day win streak Tuesday as technology and energy stocks slipped with investors weighing optimism on the global recovery against the recent rally that some say has pushed stocks into "overbought" territory. The S&P 500 closed 0.1% lower after hitting a record high of 4,086.10, the Dow Jones Industrial Average fell 0.29%, or...

07 April

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Amazon Backs Biden’s Infrastructure Plan, Supports Tax Hikes By Investing.com

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By Yasin Ebrahim Amazon (NASDAQ:AMZN) on Tuesday threw its weight behind President Joe Biden's infrastructure plan, and the e-commerce giant appears willing to suffer the proposed tax hike to fund the package, saying it was "right time" to make it happen. Biden last week revealed his $2 trillion plan to rebuild America's roads, bridges, railways and other infrastructure, calling it a “once-in-a-generation" investment....

06 April

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Amazon supports higher corporate taxes in U.S. – Bezos By Reuters

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(Reuters) - Amazon.com Inc (NASDAQ:AMZN) is in support of a rise in U.S. corporate tax rates, the e-commerce firm's outgoing chief executive officer Jeff Bezos said on Tuesday. "We support the Biden Administration's focus on making bold investments in American infrastructure," Bezos said. (https:// ...

06 April

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Glencore’s KCC mine in Congo had acid spill on March 16 By Reuters

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KINSHASA (Reuters) - Glencore (LON:GLEN)'s Kamoto Copper Company (KCC) mine in the Congo had a "limited release" of sulphuric acid from a tank during maintenance work on March 16, the commodities trading giant said on Tuesday. Glencore declined to say how much acid was spilled from the tank, but said KCC immediately contained the spill and conducted follow-up monitoring of...

06 April

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Yellen says more work needed to shore up weaknesses revealed by pandemic By Reuters

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By Andrea Shalal and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said a rapid recovery in the United States would boost overall global growth, but more work was needed to shore up weaknesses the COVID-19 crisis exposed in the non-bank financial sector, global supply chains and the social safety net. Yellen...

06 April

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Goldman bought 75 million pounds of Deliveroo shares to prop up IPO price – FT By Reuters

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(Reuters) - Goldman Sachs Group Inc (NYSE:GS) bought 75 million pounds ($104 million) worth of shares in food delivery group Deliveroo to prop up trading after an underwhelming market debut, the Financial Times reported on Tuesday, citing two people with direct knowledge of the matter. The purchase equates to nearly a...

06 April

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Google AI scientist Bengio resigns after colleagues’ firings – Bloomberg By Reuters

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(Reuters) - Google research manager Samy Bengio is resigning in the wake of the firings of two colleagues who had questioned paper review and diversity practices at the Alphabet (NASDAQ:GOOGL) Inc unit, Bloomberg reported on Tuesday, citing an internal memo. Though at least two Google engineers had earlier resigned in protest of Gebru's firing, Bengio is the highest-profile departure yet. Google and...

06 April

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Canada shares higher at close of trade; S&P/TSX Composite up 0.50% By Investing.com

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Investing.com – Canada equities were higher at the close on Tuesday, as gains in the Materials, Clean Technology and IT sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite added 0.50% to hit a new all time high. The biggest gainers of the session on the S&P/TSX Composite were OceanaGold Corporation (TSX:OGC), which rose 7.37% or 0.140 points...

06 April

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Comic: Europe’s Second Easter Lockdown By Investing.com

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By Geoffrey Smith Investing.com -- Europe spent its second straight Easter almost completely locked down last weekend, celebrating the feast that most symbolizes the triumph of life over death in a profoundly subdued mood. However, look close enough, and there are signs that the worst may soon be over for the continent. Infection curves, which had shot up in February and March as...

06 April

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French prosecutors appeal for higher fines in weight-loss drug case By Reuters

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PARIS (Reuters) - French prosecutors said on Tuesday they were seeking higher fines in a partial appeal lodged against a Paris court's ruling on drugmaker Servier over its weight-loss pill Mediator. A Paris court last week found Servier guilty of manslaughter and deception and imposed a fine of 2.7 million euros ($3.2 million) on the company. The prosecutors' office said in a...

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News

S&P 500 Snaps 3-Day Win Streak as Bulls Hit Pause on ‘Overbought’ Stocks By Investing.com

Amazon Backs Biden’s Infrastructure Plan, Supports Tax Hikes By Investing.com

Amazon supports higher corporate taxes in U.S. – Bezos By Reuters

Glencore’s KCC mine in Congo had acid spill on March 16 By Reuters

Yellen says more work needed to shore up weaknesses revealed by pandemic By Reuters

Goldman bought 75 million pounds of Deliveroo shares to prop up IPO price – FT By Reuters

Google AI scientist Bengio resigns after colleagues’ firings – Bloomberg By Reuters

Canada shares higher at close of trade; S&P/TSX Composite up 0.50% By Investing.com

Comic: Europe’s Second Easter Lockdown By Investing.com

French prosecutors appeal for higher fines in weight-loss drug case By Reuters

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