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Situation in Myanmar extremely worrying, UK minister says By Reuters

LONDON (Reuters) - The situation in Myanmar is extremely worrying and the British authorities are monitoring it closely, a minister said on Monday after the military in the Asian country seized power in a coup against the democratically elected government. "It's clearly an extremely worrying situation in Myanmar," said junior health minister Helen Whately, the first British minister to appear on the...

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UK minister: We hope record fundraiser Captain Tom pulls through By Reuters

LONDON (Reuters) - A British minister said she was hoping centenarian Captain Tom Moore, who raised millions of pounds for the health service in last year's lockdown, would pull through after the record-breaking fundraiser was admitted to hospital with COVID-19. Moore, who became a national hero after he raised more than 30 million pounds ($41 million) by walking lengths of his garden,...

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Britain’s ASOS buys Topshop brand for 265 million stg By Reuters

LONDON (Reuters) - ASOS (LON:ASOS) has bought the Topshop, Topman, Miss Selfridge and HIIT brands from the administrators of Philip Green's collapsed Arcadia group for 265 million pounds ($364 million), the British online fashion retailer said on Monday. The deal for Arcadia's prized brands does not include its stores, putting thousands of jobs at risk. ($1 = 0.7279 pounds) ...

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Hargreaves boosts dividend as interim profit jumps, new clients at record level By Reuters

(Reuters) - British fund supermarket Hargreaves Lansdown (LON:HRGV) raised its dividend and posted a 10% jump in profit for the first half of its fiscal year, as it brought in a record number of new clients on the back of a market recovery post the coronavirus selloff. "As our client numbers continue to grow, we are finding that younger people...

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Asian shares rally as retail crowd catch silver bug By Reuters

By Wayne Cole SYDNEY (Reuters) - Asian shares rallied on Monday and U.S. stock futures recouped early losses as newly empowered retail investors turned their attention to precious metals, promising a respite to some hard-hit hedge funds. MSCI's broadest index of Asia-Pacific shares outside Japan climbed 1.4% after four straight sessions of losses. Japan's Nikkei added 1.2%, after shedding almost 2%...

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