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Europe’s world-beating equity rally thrives where others falter

Bloomberg The spike in bond yields this year may have spooked many global equity investors, but fans of the historically underperforming European market are winning big. The blue-chip Euro Stoxx 50 Index has surged 11% this year, outpacing other major market benchmarks including the S&P 500 Index and the Nasdaq Composite Index. A predominance of cheap and cyclical shares has ...

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As meme stock mania fizzles, Wall Street sees ‘big reckoning’

Bloomberg The day-trading Reddit crowd turned the first quarter of 2021 into one of the wildest periods of stock market mania in modern history. Books — plural — will undoubtedly be dedicated to the topic in years to come. But after these small-time speculators banded together to drive up dozens of obscure stocks by hundreds or even thousands of percent ...

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UAE government, Microsoft advance women’s empowerment efforts

DUBAI / WAM Ohood bint Khalfan Al Roumi, Minister of State for Government and the Future, has reaffirmed the UAE government’s commitment towards supporting global efforts in bridging the gender gap, achieving balance, and ensuring equal opportunities between women and men in various fields, through promoting partnerships between government and private sectors. Minister Al Roumi stated, in her keynote speech ...

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