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Wall St muted as investors pause ahead of big corporate earnings

By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) – Wall Street’s main indexes were subdued on Monday as investors took a breather after the previous week’s rally, awaiting results from major companies that could influence whether markets would sustain their record highs or decline. The Dow Jones Industrial Average fell 89.46 points, or 0.21%, to …

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Gold hits record high as US election, Mid-East jitters fuel rush to safety

By Anjana Anil (Reuters) – Gold surged to a record high on Monday while silver struck a near 12-year peak, as growing uncertainties surrounding the U.S. presidential election and the Middle East war added to gold’s rally already fueled by expectations of interest rates easing. Spot gold gained 0.7% to $2,739.50 per ounce, as of …

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India, China reach pact to resolve border conflict, Indian foreign minister says

By Krishn Kaushik, Fayaz Bukhari and Shilpa Jamkhandikar NEW DELHI (Reuters) -India and China have reached a deal on patrolling their disputed frontier to end a four-year military stand-off, the Indian foreign minister said on Monday, paving the way for improved political and business ties between the Asian giants. The news came on the eve …

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Supreme Court rebuffs challenge to job protections for US consumer watchdog leaders

By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court declined on Monday to hear a conservative challenge to job protections for the leaders of the federal consumer product safety watchdog in a case that would have given the justices a chance to reassess a 1935 precedent that limits a president’s ability to fire certain …

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AI firm Nebius, split from Russia’s Yandex, plunges 26% on Nasdaq return

By Alexander Marrow (Reuters) -Shares in Amsterdam-based Nebius Group plunged 26% when trading for the first time since February 2022 on Monday, as the AI infrastructure firm’s Nasdaq listing, formerly held by Yandex, often dubbed “Russia’s Google”, went live.  Trading was suspended soon after Russia’s invasion of Ukraine, when the stock traded under Yandex’s ticker …

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Disney taps Morgan Stanley’s Gorman as chairman, plans to name new CEO in 2026

(Reuters) -Walt Disney on Monday named Morgan Stanley veteran James Gorman as chairman and said it would announce a new CEO to replace Bob Iger in early 2026, setting the stage for succession at the storied media and entertainment company. Gorman will step down as executive chairman of Morgan Stanley at the end 2024 and …

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Hospitals under fire as Israeli forces deepen operations in northern Gaza

By Nidal al-Mughrabi CAIRO (Reuters) – Israeli forces besieged hospitals and shelters for displaced people in the northern Gaza Strip on Monday as they stepped up their operations against Palestinian militants, residents and medics said. Troops rounded up men and ordered women to leave the Jabalia historic refugee camp, they said. An Israeli airstrike on …

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