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Power, Industrial Manufacturing Industries Lead Ohio in $13 5 Billion of Projects Under Construction
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Driverless Cars Need to Hear As Well As See What s Coming
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Waymo announces another $2 5 billion in funding from latest investment round
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Stock markets dip on caution before Fed, earnings
Apr 28, 2021 10:35 AM PHT
Reuters
Shares eased from record peaks on Tuesday, April 27, as optimism about a global economic recovery was dented by caution before a policy decision by the US Federal Reserve and earnings updates from a number of blue-chip companies.
MSCI s gauge of stocks across the globe shed 0.11%.
The world index has risen 9% so far this year, underpinned by expectations that rising COVID-19 vaccination rates will allow more economies to recover and give a big boost to company profits.
Earnings in Europe are expected to have risen 61% in the 1st quarter, while US profits are seen up more than 31%, according to the latest Refinitiv IBES estimates.