Bears raise bets on Thai baht, dim view on other Asian FX eases – Reuters poll
By Sameer Manekar (Reuters) – Bearish bets on the Thai baht extended on risks around recession, the Chinese economy, and inflation, while short bets on most Asian currencies eased slightly but remained…
China slowdown concerns dim Ray-ban maker EssilorLuxottica’s first quarter
By Juliette Portala (Reuters) -EssilorLuxottica’s shares slipped on Friday as a downturn in its China business overshadowed the French-Italian eyewear company’s overall better-than-expected first-quarter sales. The group, which makes sunglasses and spectacle…
Gold prices flat as firmer dollar, yields dim safe-haven demand
By Asha Sistla (Reuters) – Gold prices were flat on Wednesday as hawkish comments from U.S. Federal Reserve officials bolstered the dollar and Treasury yields to multi-year highs, denting bullion’s safe-haven demand…
Bill to legalize marijuana passes U.S. House, but faces dim prospects in Senate
By Moira Warburton WASHINGTON – The U.S. House of Representatives on Friday passed a bill to end the federal ban on marijuana, which has created legal headaches for users and businesses in…
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