The US Federal Reserve shrugged off concerns about the economic impact of Donald Trump’s election victory and moved ahead with a quarter point cut Thursday. Â Â The Fed sits just a short walk from the White House, where Democratic President Joe Biden will in January hand back the keys to Trump following the Republican’s election win.But …
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Global stocks mostly rose Thursday, with US indices hitting fresh records as a Federal Reserve interest rate cut extended a post-election rally.While the Dow finished flat, both the S&P 500 and Nasdaq jumped to new all-time highs as the Fed shrugged off concerns about the impact of Donald Trump’s election victory and moved ahead with …
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Pharmaceutical giant AstraZeneca said that the head of its China operations had been detained, after reports the firm was under investigation for potentially illegal data collection and drug imports.Leon Wang, president of AstraZeneca China, “has been detained”, a representative of the firm’s global media team said in an email received by AFP on Thursday.”If requested, …
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