17 February

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Britain confirms Richard Sharp as chair of BBC By Reuters

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LONDON (Reuters) - Former Goldman Sachs (NYSE:GS) banker Richard Sharp has been confirmed as the new chair of Britain's BBC, the government said on Wednesday. The BBC chair, who is officially appointed by the queen on the recommendation of the government, is responsible for upholding and protecting the independence of the broadcaster. Sharp was offered the position last month. He...

17 February

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Britain’s Prince Charles thanks NHS staff at Birmingham hospital By Reuters

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LONDON (Reuters) - Britain's heir-to-the-throne Prince Charles and his wife Camilla visited Birmingham's Queen Elizabeth Hospital to thank doctors, nurses and other health staff for their hard work in the coronavirus pandemic. The royal hospital visit came shortly before news that Charles's 99-year-old father, Prince Philip, had been admitted to a London hospital...

17 February

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Bond-buying remains BoE’s stimulus weapon of choice: Ramsden By Reuters

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By William Schomberg and David Milliken LONDON (Reuters) - Bank of England Deputy Governor Dave Ramsden said the central bank's nearly 900 billion-pound bond-buying programme remained its most immediate stimulus option, and discussion of negative interest rates represented contingency planning. "My overall take on QE (quantitative easing) is still that it is a tried and tested tool," Ramsden said in a speech...

17 February

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Jaguar land rover to cut 2,000 non-factory jobs globally: Sky News By Reuters

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(Reuters) - Jaguar Land Rover has announced plans to cut 2,000 non-factory jobs, just days after it committed to its UK plants and revealed a huge investment in a zero emission future, the Sky News reported on Wednesday. The company said it had begun to inform colleagues on the findings of an organisational review, which is designed to slash costs and create...

17 February

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The Wall Street players at the GameStop hearing By Reuters

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By Svea Herbst-Bayliss and John McCrank BOSTON/NEW YORK (Reuters) - The public will get the rare opportunity on Thursday to hear from big hedge fund managers who generally operate out of the spotlight, along with other players in the GameStop (NYSE:GME) trading frenzy who are scheduled to testify in the U.S. Congress. ...

17 February

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Canada shares lower at close of trade; S&P/TSX Composite down 0.69% By Investing.com

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Investing.com – Canada equities were lower at the close on Wednesday, as losses in the Materials, Healthcare and Clean Technology sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite lost 0.69%. The biggest gainers of the session on the S&P/TSX Composite were Ivanhoe Mines Ltd. (TSX:IVN), which rose 4.71% or 0.33 points to trade at 7.34...

17 February

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Bond-buying remains BoE’s main stimulus tool – Ramsden By Reuters

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By William Schomberg and David Milliken LONDON (Reuters) - Bank of England Deputy Governor Dave Ramsden said the central bank's quantitative easing bond-buying programme is still its most immediate economic stimulus option, and discussion of negative interest rates represented contingency planning. "My overall take on QE is still that it is a tried and tested tool," Ramsden said in a speech on Wednesday...

17 February

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Jersey regulator says it has not received application from planned Woodford firm By Reuters

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LONDON (Reuters) - The Jersey Financial Services Commission said on Wednesday it had not received any authorisation application from WCM Partners, an investment management firm planned by veteran investor Neil Woodford. Woodford's former firm, UK-based Woodford Investment Management, collapsed in 2019, several months after its main fund froze, leaving thousands of small savers unable to retrieve their cash. WCM Partners said in...

17 February

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Hedge fund boss Odey ‘lunged’ at woman in 1998 indecent assault, trial hears By Reuters

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By Kirstin Ridley LONDON (Reuters) - Crispin Odey, one of Britain's most high-profile hedge fund managers and political donors, "lunged" at a 26-year-old female bank employee in 1998 and indecently assaulted her, a prosecutor told a London trial on Wednesday. Odey, 62, a muti-millionaire backer of Brexit who donated to Prime Minister Boris...

17 February

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Wells Fargo Wins Fed’s Nod for an Overhaul Plan Tied to Cap By Bloomberg

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(Bloomberg) -- Wells Fargo (NYSE:WFC) & Co. has taken a significant step forward in its three-year quest to satisfy a Federal Reserve order that triggered a costly cap on the bank’s growth. Fed officials have privately signaled to the scandal-ridden lender that they accept its proposal for overhauling risk management...

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Britain confirms Richard Sharp as chair of BBC By Reuters

Britain’s Prince Charles thanks NHS staff at Birmingham hospital By Reuters

Bond-buying remains BoE’s stimulus weapon of choice: Ramsden By Reuters

Jaguar land rover to cut 2,000 non-factory jobs globally: Sky News By Reuters

The Wall Street players at the GameStop hearing By Reuters

Canada shares lower at close of trade; S&P/TSX Composite down 0.69% By Investing.com

Bond-buying remains BoE’s main stimulus tool – Ramsden By Reuters

Jersey regulator says it has not received application from planned Woodford firm By Reuters

Hedge fund boss Odey ‘lunged’ at woman in 1998 indecent assault, trial hears By Reuters

Wells Fargo Wins Fed’s Nod for an Overhaul Plan Tied to Cap By Bloomberg

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