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European stocks fall as Fed hawks spur tech rout

  Bloomberg European stocks followed Asian shares lower on Friday after a slew of Federal Reserve officials signaled they’ll combat inflation aggressively. Treasury yields rise, while the dollar fell. Technology companies, which are seen as most sensitive to higher rates, were among the biggest declines in Europe’s Stoxx 600 Index. US futures ticked up after the Nasdaq 100 fell to ...

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Berkshire Hathaway prices $1.1b worth of yen bonds

  Bloomberg Warren Buffett’s Berkshire Hathaway Inc sold 128.5 billion yen ($1.13 billion) in bonds, taking advantage of Japan’s ultra-low borrowing costs. The US company priced a multi-part debt offering on Friday, marking its fourth bond deal in the Japanese currency in as many years. With a coupon of 0.203%, the US company priced its 5-year debt at a rate ...

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GCC investors buy 1% of EU’s bonds for Europe’s recovery

  ABU DHABI / WAM The European Commission hopes to attract more GCC investors and financial institutions to fund its €800 billion NextGenerationEU programme, than the current one percent, said Johannes Hahn, EU Commissioner for Budget and Administration. NextGenerationEU is a temporary recovery instrument to help Europe repair the immediate economic and social damage brought about by the Covid-19 pandemic. ...

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