16 February

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UK firm IXcellerate to invest $500 million in two new Moscow data centres – Kommersant By Reuters

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MOSCOW (Reuters) - IXcellerate plans to invest $500 million to construct two new data centres in Moscow, aiming to cover a shortage of server capacity in Russia, the Kommersant daily reported on Tuesday. The London-headquartered data centre operator will launch a network of such centres at two sites, including at a former brewery in southern Moscow, with a total capacity of...

16 February

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UK to facilitate other countries’ COVID vaccine passport plans: minister By Reuters

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LONDON (Reuters) - Britain will provide vaccine COVID-19 certificates for its residents if they are required by other countries, although it is not planning to introduce them for use at home, vaccines minister Nadhim Zahawi said on Tuesday. "Internationally, if other countries will require a vaccine certificate, then I think it's right that we facilitate it," Zahawi told the BBC in an...

16 February

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New York widens lead over London as finance hub – Duff & Phelps By Reuters

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LONDON (Reuters) - A growing majority of top bankers and asset managers consider New York as the world's top financial hub and expect Brexit to damage London's global standing, consultants Duff & Phelps said in a global regulatory outlook on Tuesday. D&P's outlook surveyed senior financial professionals from 250 banks and asset managers in Europe, Asia and America, with 60% saying they...

16 February

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UK shares jump as mining stocks track commodity price gains By Reuters

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(Reuters) - British stocks rose on Tuesday and were set for a fourth straight session of gains as mining stocks tracked a rise in commodity prices, while Glencore (LON:GLEN) reinstating its dividend further boosted sentiment. The commodity-heavy FTSE 100 was up 0.6% by 0806 GMT, supported by miners Anglo American (LON:AAL), Rio Tinto (LON:RIO) and oil...

16 February

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UK retail must stay open when third lockdown ends – Ocado chairman By Reuters

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LONDON (Reuters) - Britain's retail sector must stay open when it emerges from the latest coronavirus lockdown, sector veteran Stuart Rose said on Tuesday. Prime Minister Boris Johnson is due to set the path out of a third lockdown which has closed all non-essential shops on Feb. 22. "The short term need is for us to have some clarity. We need to...

16 February

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Avacta shares jump following Covid lateral flow test results By Investing.com

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By Samuel Indyk Investing.com – Shares in Avacta Group PLC (LON:AVTG) were closing in on all-time highs on Tuesday after the company received first data for its Covid rapid antigen test from ongoing clinical studies in the UK and Europe. The data showed “excellent” performance in identifying patients with an infections viral load an no false positive results. The initial evaluation tested 30...

16 February

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Treasury Yields Punch Higher in Catch-Up to Global Bond Selloff By Bloomberg

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(Bloomberg) -- U.S. Treasuries are breaching key levels as this week’s global debt selloff sends yields to their highest in about a year. While U.S. markets were closed on Monday for President’s Day, German bunds and U.K. gilts both saw benchmark yields gain five basis points as a significant slow-down in virus cases, and progress on vaccine roll-outs and higher oil prices bolstered...

16 February

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Hyundai Motor’s electric bus catches fire in South Korea By Reuters

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SEOUL (Reuters) - An electric bus manufactured by Hyundai Motor Co caught fire on Monday while in use in South Korea, a fire official said on Tuesday, months after similar fires in electric cars led to a recall to inspect batteries. No one was injured in the incident, which occurred as the empty bus was returning to the garage after an...

16 February

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SoftBank shares hit historic high as online backers celebrate By Reuters

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By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp shares closed at a record high on Tuesday, surpassing a peak reached at the height of the dot-com bubble, as online backers celebrated the recovery in the value of the firm's tech portfolio. Shares in SoftBank, a heavily weighted component of the Nikkei 225 index which is trading at 30-year highs, closed up...

16 February

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Julius Baer nominates British wealth manager Nicol to board to head risk committee By Reuters

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ZURICH (Reuters) - Julius Baer is proposing British wealth manager David Nicol as a new member of its board of directors, it said on Tuesday, earmarking him to become head of the board's risk committee as current Vice Chairman Charles Stonehill steps down. "The Board is very pleased to have found in David Nicol a seasoned financial industry expert with vast executive...

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UK firm IXcellerate to invest $500 million in two new Moscow data centres – Kommersant By Reuters

UK to facilitate other countries’ COVID vaccine passport plans: minister By Reuters

New York widens lead over London as finance hub – Duff & Phelps By Reuters

UK shares jump as mining stocks track commodity price gains By Reuters

UK retail must stay open when third lockdown ends – Ocado chairman By Reuters

Avacta shares jump following Covid lateral flow test results By Investing.com

Treasury Yields Punch Higher in Catch-Up to Global Bond Selloff By Bloomberg

Hyundai Motor’s electric bus catches fire in South Korea By Reuters

SoftBank shares hit historic high as online backers celebrate By Reuters

Julius Baer nominates British wealth manager Nicol to board to head risk committee By Reuters

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