European shares sink to lowest in six weeks, China woes loom large

By Shashwat Chauhan and Ankika Biswas (Reuters) -European shares sank to their lowest level in six weeks on Friday, dragged down by financials and healthcare as concern over interest rates staying higher for longer globally and China’s dwindling growth prospects hit investor sentiment. The pan-European STOXX 600 closed 0.6% lower, falling for the fourth straight…

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Deere lifts outlook on profit beat, strong demand but shares still skid

By Bianca Flowers and Shivansh Tiwary (Reuters) -Deere & Co breezed past Wall Street estimates for third-quarter profit on Friday and raised its full-year guidance, but investor concerns over slower sales going forward sent shares down as much as 5%. The Moline, Illinois-based company posted a 60% rise in quarterly profit, yet investors were seemingly…

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Ukrainian drone damages building in Moscow disrupting air traffic, Russia says

MOSCOW (Reuters) -A Ukrainian drone smashed into a building in central Moscow on Friday after Russian air defences shot it down, disrupting air traffic at all the civilian airports of the Russian capital, Russian officials said. A Reuters witness who was in the area described hearing “a powerful explosion”. Reuters images showed workers and emergency…

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Argentina’s Milei pitched dollarization ‘models’ in IMF meet – sources

By Jorgelina do Rosario LONDON (Reuters) -Argentina’s surprise presidential front-runner, radical libertarian Javier Milei, pitched models of dollarizing the South American country’s economy in a meeting with major lender the International Monetary Fund on Friday, two sources said. The meeting, confirmed by both sides, comes as the lender looks to better understand the dark horse…

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