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European Shares Inch Up On China Boost, Rate Hike Fears Limit Gains
European Shares Inch Up On China Boost, Rate Hike Fears Limit Gains
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June 27 (Reuters) - European shares rose on Tuesday supported by financials and luxury stocks as investors bet on further policy stimulus from China, while hawkish comments from European Central Bank President Christine Lagarde limited gains.

 

 

 

 

The union representing 22,000 dockworkers at the ports of Los Angeles, Long Beach and other West Coast terminals reached a contract deal in June after 13 months of protracted labor talks, averting a strike that could have disrupted U.S.

 

 

 

 

The healthcare index fell 1.1% and was a big drag on the STOXX 600 index, which has come under pressure on concerns about an economic slowdown from a potentially longer-than-expected global interest rate hiking cycle.

 

 

 

 

BAGHDAD, June 25 (Reuters) - When a pharmacist in Iraq told Umm Mohammed her prescription for a skin ailment would cost about 800,000 dinars ($611), she turned to cheaper natural remedies as some of her relatives had done.

 

 

 

 

"What we've seen today is probably people pricing in that the war in Ukraine could end a little bit sooner and so a lot of the defense companies have fallen," said Shanti Kelemen, chief investment officer at M&G Wealth and &me.

 

 

 

 

Russia sought to restore calm on Monday after the aborted mutiny by Wagner Group mercenaries, while Western allies assessed how President Vladimir Putin might reassert authority and what it could mean for the war in Ukraine.

 

 

 

 

This is just the latest in a string of gaffes for the octogenarian president as more-and-more voters become concerned about his ability to govern, especially with the 2024 president election looming large. 

 

 

 

 

Ibrahim al-Jabouri, the shop's owner and a professor of pharmacology, slot online told Reuters that he is receiving customers suffering from various health issues, such as skin diseases, bowel troubles, colon infections or hair loss.

 

 

 

 

Acquired by Wesfarmers last year for $774m, Australian Pharmaceutical Industries owns chemists under the Priceline, Soul Pattinson and Pharmacists Advice brands as well as the Clearskincare Clinics chain of cosmetic, skin and laser hair removal clinics.

 

 

 

 

Hotel workers, including housekeepers, dishwashers, cooks, waiters, bellhops and front-desk agents, struggle to afford housing in cities where they work, and many were idled during the COVID-19 pandemic while industry profits soared, the union said in a statement.

 

 

 

 

Wesfarmers' Australian Pharmaceutical Industries said on Monday it would pay $3.35 per share to acquire ASX-listed SILK Laser Australia, a 38 per cent premium to its share price before April 19, when news of the takeover talks were first announced.

 

 

 

 

'Think about this: If anybody told you - and my staff wasn't so sure, either - that we'd be able to bring all of Europe together in the onslaught on Iraq and get NATO to be completely united, I think they would have told you it's not likely.

 

 

 

 

Wesfarmers Health managing director Emily Amos said the acquisition would provide SILK franchisees and business owners with the benefits associated with being part of a broader healthcare, wellness and beauty network.

 

 

 

 

"What you've seen is those gains from early this morning peter out and particularly after Christine Lagarde spoke, because she again has reinforced this view that inflation is still staying far too high," said Susannah Streeter, head of money and markets at Hargreaves Lansdown.

 

 

 

 

'Think about this: If anybody told you - and my staff wasn't so sure, either - that we'd be able to bring all of Europe together in the onslaught on Iraq and get NATO to be completely united, I think they would have told you it's not likely,' Biden said Tuesday night.

 

 

 

 

The union said its workers earn $20 to $25 an hour and is demanding an immediate increase of $5 an hour and an additional $3 an hour in subsequent years of the contract, plus improved healthcare and retirement benefits.

 

 

 

 

'Now wait, let's get it straight.

 

 

The first time it was used was in the Wall Street Journal. OK? And I don't go around beating my chest 'Bidenomics' so the press started calling it Bidenomics,' he said. 

 

 

 

 

"Markets are expecting either the data to improve from China or stimulus to increase from the government. But that good stimulus news is priced in and any sort of good news that I would need to see to send markets significantly higher in China would be some kind of positive domestic growth story," said Giles Coghlan, chief market analyst at HYCM.

 

 

 

 

Standards vary greatly, from shops selling neatly packaged and licensed products in Baghdad's better-off neighbourhoods to more traditional herbologists mixing plants scooped out of jars in front of customers.

 

 

 

 

LOS ANGELES, July 2 (Reuters) - Thousands of Los Angeles-area hotel workers went on strike on Sunday demanding pay hikes and improved benefits in a region where high housing costs make it difficult for low-wage earners to live close to where they hold jobs, union officials said.

 

 

 

 

The financial sector was the biggest boost to the benchmark index due to gains in China-exposed firms such as HSBC and insurer Prudential Plc, while luxury giants such as LVMH and Richemont which also have exposure to China, gained between 0.6% and 1.2%.

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