Updated - Squid Business

Protesters demand action on guns at Tennessee statehouse

By Jonathan Allen and Brad Brooks NASHVILLE, Tennessee (Reuters) -Protesters flooded Tennessee’s statehouse on Thursday to demand lawmakers stiffen gun laws following a school shooting in Nashville that left six people dead, three of them 9-year-old children. More than a thousand people joined the protest organized by local mothers, packing the building’s rotunda and forcing …

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Stocks rise and dollar falls while oil rallies

By Sinéad Carew NEW YORK (Reuters) – Stock indexes advanced on Thursday but finished below their session highs while the dollar declined as investors turned their focus to upcoming inflation data and the outlook for interest rate hikes. Longer-dated U.S. Treasury yields fell ahead of personal consumption expenditures (PCE) data due out Friday. Economists polled …

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China’s JD.com to spin off industrial, property units in $1 bn Hong Kong floats

By Twinnie Siu and Scott Murdoch (Reuters) -E-commerce firm JD.com Inc is planning to spin off its property and industrial units and list them on the Hong Kong stock exchange in deals worth $1 billion each, two people with direct knowledge said on Friday. The plan marks the latest revamp in the Chinese technology sector …

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Indonesian president pledges nickel mining clean up amid EV-led boom

By Gayatri Suroyo SOROWAKO, Indonesia (Reuters) -Indonesia will improve monitoring of environmental standards for nickel mining, amid concerns over production of the metal which is increasingly used in electric vehicle batteries, the country’s President Joko Widodo told Reuters on Thursday. The Southeast Asian country, which has the largest nickel reserves in the world, will step …

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Senegal opposition politician handed light sentence, still viable for presidency

By Diadie Ba DAKAR (Reuters) -Senegal’s leading opposition politician and presidential aspirant Ousmane Sonko on Thursday received a two-month suspended prison sentence for libel in a case involving the tourism minister, the minister’s lawyer El Hadji Diouf said. The sentence will not prevent him from running in elections next year – an apparent effort by …

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King Charles lauds unity on Ukraine war in bilingual Bundestag speech

By Sarah Marsh BERLIN (Reuters) -King Charles hailed the historic ties between Britain and Germany while lauding their current unity in the face of Russia’s invasion of Ukraine in an address to the Bundestag on Thursday on his first state trip overseas as monarch. The king, on the second day of a three-day trip to …

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Prince Harry back in UK court for battle with Daily Mail publisher

By Michael Holden LONDON (Reuters) -Britain’s Prince Harry returned to the High Court in London on Thursday where his lawyer fought an attempt by a newspaper publisher to throw out his and other high-profile figures’ lawsuit that alleged widespread unlawful acts by journalists. Harry, the singer Elton John and five other high-profile people are suing …

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Manchester United back in the black ahead of potential sale

(Reuters) -Manchester United swung to a second-quarter net profit on the back of higher commercial revenue and lower wages, the club said on Thursday. Net profit came in at 6.3 million pounds ($7.78 million) in the three months to Dec. 31, against a 1.4 million pound loss a year earlier. Revenue fell almost 10% to …

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Gold jumps on weaker dollar, with eyes on inflation data

By Deep Kaushik Vakil (Reuters) – Gold prices gained nearly 1% on Thursday as a weaker dollar and lower bond yields drove demand for the precious metal, while investors kept their eyes peeled for U.S. inflation data to gauge the Federal Reserve’s next move. Spot gold was up 0.9% at $1,980.83 per ounce by 2:53 …

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Dollar weakens as inflation data lifts euro

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell to a 1-week low against the euro on Thursday as German inflation data helped lift the common currency and as concerns over the banking sector receded. Inflation eased significantly in Germany in March on the back of lower energy prices but was above forecasts, …

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