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04 February
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Bank of England votes 9-0 to keep interest rate unchanged at record low 0.1% By Investing.com

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By Samuel Indyk Investing.com – The Bank of England’s Monetary Policy Committee voted unanimously to kept interest rates unchanged on Thursday. The MPC also kept the size of their QE programme unchanged at £875bln in a decision that was inline with market expectations. On negative interest rates, the Central Bank said they do not intend to signal that negative rates were coming. In...

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04 February
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Philip Morris Earnings, Revenue beat in Q4 By Investing.com

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Philip Morris (NYSE:PM) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Philip Morris announced earnings per share of $1.26 on revenue of $7.44B. Analysts polled by Investing.com anticipated EPS of $1.21 on revenue of $7.38B. Philip Morris shares are up 1% from the beginning of the year and are trading at $80.25...

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04 February
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Alexion Earnings, Revenue beat in Q4 By Investing.com

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Alexion (NASDAQ:ALXN) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Alexion announced earnings per share of $2.96 on revenue of $1.59B. Analysts polled by Investing.com anticipated EPS of $2.58 on revenue of $1.52B. Alexion shares are down 4.63% from the beginning of the year and are trading at $156.10 , down-from-52-week-high.They are...

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04 February
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Hit by shortage, Volkswagen demands boost to Europe chip sector By Reuters

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By Jan Schwartz and Christoph Steitz FRANKFURT (Reuters) - Europe needs to stump up cash to boost its chip industry, a board member of the continent's largest carmaker Volkswagen (DE:VOWG_p) said, pointing to a global semiconductor shortage that has highlighted dependence on foreign players. "We won't produce chips ourselves," Markus Duesmann, Volkswagen's board member in charge of research & development and head...

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04 February
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Sterling falls to 2-1/2-week low vs dollar before BoE meeting By Reuters

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By Ritvik Carvalho LONDON (Reuters) - Sterling fell to its weakest in two and a half weeks against the dollar on Thursday before a Bank of England meeting on caution about the possibility of negative rates, although a majority of analysts do not expect them to be introduced anytime soon. Money market pricing shows the likelihood of negative rates being introduced as...

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04 February
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UK regulator revokes Chinese TV broadcast licence due to Communist Party control By Reuters

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LONDON (Reuters) - Britain's media regulator on Thursday revoked China Global Television Network's (CGTN) licence to broadcast after it concluded that the Chinese Communist Party had ultimate editorial responsibility for the channel. "Our investigation showed that the licence for China Global Television Network is held by an entity which has no editorial control over its programmes," Ofcom said. "We are unable to...

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04 February
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StockBeat: Nokia’s ‘Jam Tomorrow’ Message Is a Reality Check for Reddit Crew By Investing.com

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By Geoffrey Smith  Investing.com -- It might be expecting a bit too much from a Finn in the middle of a six-month winter to join in a chorus of “to the moon!!!” but the message from Nokia (NYSE:NOK) on Thursday is really not one that deserves rocket-ship emojis. The Finnish maker of telecoms equipment, whose last hot streak was back in the 1990s, has...

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