Shares in Spotify fall 14.3% after the music streaming service reported a huge bump in its operating loss, on Tuesday. – EPA pic, July 26, 2023.
EUROPEAN and US stocks mostly made cautious advances yesterday as investors awaited central bank rate decisions, while stimulus pledges by Chinese leaders dominated Asian trading. Hong Kong stocks jumped over 4% after China’s Politburo signalled it would step up support for the stuttering economy. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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