08 February

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Uber and Lyft’s long wait for a rebound in demand signals slow economic recovery By Reuters

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By Tina Bellon and Akanksha Rana (Reuters) - With the pandemic still suppressing ridesharing demand, Wall Street is keen to know how soon Uber Technologies (NYSE:UBER) Inc and Lyft Inc (NASDAQ:LYFT) expect a rebound and how they plan to keep costs under control until then. Investors are also hoping for more insight on Uber's successful food delivery operations and...

08 February

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Musk-fuelled bitcoin surge triggers cryptocurrency exchange glitches By Reuters

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(Reuters) - Major cryptocurrency exchanges experienced technical issues on Monday as trading volumes soared after billionaire Elon Musk's Tesla Inc revealed it had purchased $1.5 billion of bitcoin and would soon accept it as a form of payment. The electric vehicle company's move marked the latest step toward mainstream acceptance of bitcoin, sending...

08 February

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Exclusive: EU’s Vestager warns Apple to treat all apps equally amid privacy dispute By Reuters

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By Foo Yun Chee BRUSSELS (Reuters) - Europe's antitrust chief, Margrethe Vestager, has warned Apple Inc (NASDAQ:AAPL) to give equal treatment to all apps on its platform amid the iPhone maker's privacy changes that have drawn charges of anti-competitive practices from rival Facebook Inc (NASDAQ:FB). Apple will in the spring ask...

08 February

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Canada shares higher at close of trade; S&P/TSX Composite up 0.99% By Investing.com

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Investing.com – Canada equities were higher at the close on Monday, as gains in the Healthcare, Clean Technology and Energy sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite gained 0.99%. The biggest gainers of the session on the S&P/TSX Composite were Aurora Cannabis Inc (TSX:ACB), which rose 14.43% or 2.360 points to trade at 18.710...

08 February

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BoE’s Bailey says quick fixes to avoid LCF collapse were not possible By Reuters

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LONDON (Reuters) - Bank of England chief Andrew Bailey angrily hit back at criticism that he failed to overhaul a regulator quickly enough to avert the collapse of the London Capital & Finance fund, saying the regulator had been a "broken machine." Bailey was chief executive of the Financial Conduct Authority when LCF collapsed in January 2019 leaving more than 11,000...

08 February

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Goldman Sees Relief Bill at $1.5 Trillion, Boosts GDP Estimate By Bloomberg

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(Bloomberg) -- Goldman Sachs Group Inc (NYSE:GS). economists boosted their forecast for the eventual bill that Congress enacts in the wake of President Joe Biden’s call for $1.9 trillion in Covid-19 relief spending, and lifted their projection for U.S. economic growth. Goldman chief economist Jan Hatzius and his colleagues said...

08 February

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Shell, Mitsubishi unit Eneco to supply wind power to Amazon’s European facilities By Reuters

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TOKYO (Reuters) - Royal Dutch Shell (LON:RDSa) and renewables firm Eneco, owned by Japan's Mitsubishi Corp, will provide Amazon.com Inc (NASDAQ:AMZN)'s European facilities with electricity from an offshore wind farm, they said on Monday. Retail giant Amazon, which faces pressure from environmental activists over its carbon footprint, has vowed to be net carbon...

08 February

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Private equity firm TDR Capital raises Arrow bid to $740 million By Reuters

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LONDON (Reuters) - Private equity firm TDR Capital has made a fourth offer for European investor and asset manager Arrow Global, the companies said on Monday, at a price of 305 pence per share. Arrow, which buys defaulted customer accounts from retail banks and credit card companies, said it was considering TDR's new proposal. Shares in Arrow rose as much as 29%...

08 February

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.61% By Investing.com

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Investing.com – U.K. equities were higher at the close on Monday, as gains in the Industrial Engineering, Industrial Metals & Mining and Oil & Gas Producers sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 rose 0.61%. The biggest gainers of the session on the Investing.com United Kingdom 100 were BP PLC (LON:BP), which...

08 February

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Boy spared jail after becoming UK’s youngest terrorism offender By Reuters

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LONDON (Reuters) - A boy who headed a neo-Nazi group and carried out his first offence aged just 13 was spared jail on Monday after becoming the youngest person in Britain to be convicted of terrorism offences. The teenager, now 16, who told police he had just wanted to look cool, pleaded guilty to two counts of disseminating terrorist publications and 10...

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Uber and Lyft’s long wait for a rebound in demand signals slow economic recovery By Reuters

Musk-fuelled bitcoin surge triggers cryptocurrency exchange glitches By Reuters

Exclusive: EU’s Vestager warns Apple to treat all apps equally amid privacy dispute By Reuters

Canada shares higher at close of trade; S&P/TSX Composite up 0.99% By Investing.com

BoE’s Bailey says quick fixes to avoid LCF collapse were not possible By Reuters

Goldman Sees Relief Bill at $1.5 Trillion, Boosts GDP Estimate By Bloomberg

Shell, Mitsubishi unit Eneco to supply wind power to Amazon’s European facilities By Reuters

Private equity firm TDR Capital raises Arrow bid to $740 million By Reuters

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.61% By Investing.com

Boy spared jail after becoming UK’s youngest terrorism offender By Reuters

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