Marketmind: Inflation appetizer served before central bank main course

By Lewis Krauskopf (Reuters) – A look at the day ahead in Asian markets from Lewis Krauskopf, U.S. markets correspondent Markets face a question heading into Tuesday’s action — will the U.S. inflation report spoil the mood? Asian investors are waking up to another upbeat session in global stock markets. Wall Street’s major averages continued…

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Ukraine claims new gains in early phase of counteroffensive

By Tom Balmforth KYIV (Reuters) -Ukraine said on Monday its troops had recaptured seven villages from Russian forces along an approximately 100-km (60-mile) front in the southeast since starting its long-anticipated counteroffensive last week. The task of ending Russia’s occupation of southern and eastern Ukraine is daunting, given Russia’s numerical superiority in men, ammunition and…

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Exclusive-Coalition aims to begin Ukrainian F-16 pilot training by summer – Dutch minister

By Anthony Deutsch VOLKEL AIR BASE, Netherlands (Reuters) – Ukrainian pilots could begin training to fly U.S.-manufacture F-16 fighter jets as soon as this summer, the Dutch defense minister has told Reuters, a first step toward supplying Kyiv with a powerful, long-term capability in its war with Russia. NATO allies the Netherlands and Denmark are…

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Equities gain as investors look for cooler inflation, Fed ‘pause’

By Sinéad Carew and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – Global stocks gained ground, hitting their highest level in more than a year on Monday, while U.S. Treasury yields and the dollar were virtually unchanged ahead of key U.S. inflation readings and interest rate decisions later this week from the U.S. Federal Reserve and other…

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Judge in Trump criminal hush-money case can stay, NY ethics panel signals

By Karen Freifeld NEW YORK (Reuters) – A New York judicial ethics committee signaled that the state judge overseeing the criminal case against former President Donald Trump over hush money payments to a porn star will not need to recuse himself as Trump has requested. The one-page opinion released on Saturday by New York’s Advisory…

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Automaker group urges US EPA to ‘ease up’ on vehicle emissions rules

By David Shepardson WASHINGTON (Reuters) -The head of a trade group representing nearly all major automakers urged the U.S. Environmental Protection Agency to “ease up” on its aggressive proposal to sharply cut vehicle emissions through 2032, saying it could benefit China. Alliance for Automotive Innovation CEO John Bozzella said Monday in a blog post the…

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Countdown to mega merger – how Credit Suisse wobbled and UBS rushed to rescue

ZURICH (Reuters) – UBS Group’s takeover of Credit Suisse, arranged by the Swiss authorities to stave off a broader banking crisis, became official on Monday. The closing of the tie-up marks the final chapter for the 167-year old institution after years of scandals and missteps eroded customer confidence and brought the lender to the edge….

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Nasdaq to buy fintech firm Adenza for $10.5 billion, rattling some investors

By Manya Saini, Anirban Sen and John McCrank (Reuters) -Nasdaq on Monday agreed to buy Thoma Bravo-owned software firm Adenza for $10.5 billion, with the exchange operator’s biggest-ever deal broadening its financial technology footprint but giving shareholders a case of sticker shock. Adenza’s risk management and regulatory software is primarily used by banks and brokerages…

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