FILE PHOTO: People are seen on a pedestrian overpass with

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FILE PHOTO: People are seen on a pedestrian overpass with an electronic board showing the Dow Jones and S&P 500 indexes, following an outbreak of the novel coronavirus in the country, at Lujiazui financial district in Shanghai, China March 13, 2020. REUTERS/Aly Song

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European stocks scrape out gains as surging oil prices offset virus woes

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By Ambar Warrick and Sagarika Jaisinghani (Reuters) – A late-session rally in the energy sector helped European stocks end slightly higher on Thursday, with sentiment remaining fragile after a sharp rise in U.S. unemployment claims showed further evidence of the coronavirus’ economic impact. The pan-European STOXX 600 <.STOXX> closed a volatile session 0.4% higher, recovering […]
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UK economy’s post-election rebound strengthens in January: PMI

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LONDON (Reuters) – The British economy’s post-election bounce gained strength in January as services companies enjoyed the strongest influx of new orders since mid-2018, a closely watched survey showed on Wednesday. The IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) rose to 53.9 January, a full point higher than a preliminary reading for the month […]