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Egypt will extend measures to contain the spread of the coronavirus, including early closing hours for shops, until the end of May, the cabinet said on Wednesday.
3 Min Read (Corrects headline to remove reference to downgrade of profit forecast and 1st paragraph to remove reference to profit warning) SYDNEY, May 13 (Reuters) - Treasury Wine Estates on Thursday forecast a drop in operating profit for the full year, as the world’s largest listed winemaker reels from the impact of steep Chinese tariffs on Australian wine. The company said it expects earnings before interest, tax, SGARA and material items (EBITS) of A$495 million to A$515 million ($382.64 million to $398.10 million) for 2021, down from A$533.5 million a year earlier. The range, however, ...
(Corrects para 7 to show 10-year bond futures are implying a yield of 1.718%, not 0.718) SYDNEY, March 10 (Reuters) - Australia’s central bank chief on Wednesday rebuffed market talk of rate hikes, saying it will take at least until 2024 to reach full employment even as the economy was now within “striking distance” of its pre-pandemic output. Australia’s A$2 trillion ($1.5 trillion) economy expanded by a larger-than-expected 3.1% in the December quarter, clocking its fastest ever back-to-back quarterly rises. Job growth has been sturdy while retail sales are going strong too. “Thes...
Amsterdam's blue chip AEX index hit an all-time high of 703.29 on Wednesday, surpassing its September 2000 peak, as technology and Asia-oriented shares gained after a long retreat of bank and insurer valuations.
Canadian health experts are sure all COVID-19 vaccines being administered in the country are safe, including those made by AstraZeneca PLC, Prime Minister Justin Trudeau told reporters on Monday.