Tag: #Atlantic
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Stocks shine as US inflation muted, stimulus nears
London, March 10 (AFP/APP):European and US equities mostly pushed higher, striking records on both sides of the Atlantic, as US inflation remained muted and the massive $1.9-trillion stimulus programme neared the legislative finish line on Wednesday. This year’s global equities rally on stimulus and the vaccine-driven reopening of the global economy has recently hit an…
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Stocks bound higher on recovery hopes
London, March 9 (AFP/APP):Stocks markets on both sides of the Atlantic pushed into record territory on Tuesday on growing confidence in the global economic recovery from the Covid pandemic. A rally in equities across the world over the past months appeared to have run out of steam on concerns about a rise in interest rates,…
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Search for 7 seamen missing in Atlantic to be scaled down
FortdeFrance, Oct 5 (AFP/APP):An operation to find seven seamen missing since their vessel sank off Martinique will be scaled down as no bodies have been found for several days, authorities said Saturday. The Luxembourg-flagged Bourbon Rhode ran into difficulty some 1,200 nautical miles from the French Caribbean island on September 26 as it sailed into…
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Four dead, seven still missing from sunken ship in Atlantic
Paris, Oct 2 (AFP/APP):The bodies of three crew members have been recovered from the Atlantic after a supply vessel operated by a French oil services group sank in hurricane conditions, bringing the death toll to four, according to a Martinique government official. The Luxembourg-flagged Bourbon Rhode, crewed mainly by Ukrainians, ran into difficulty some 1,200…
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Global stocks fall on weak US manufacturing data
New York, Oct 2 (AFP/APP):Stock markets on both sides of the Atlantic took a steep downward turn on Tuesday after a US survey pointed to the weakest manufacturing sector in a decade. Combined with a tepid inflation reading from the eurozone, and confirmation that British GDP contracted in the second quarter, the figures rekindled fears…