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Euro zone companies see productivity boost from pandemic: ECB survey

FRANKFURT (Reuters) - Euro zone companies expect to emerge more efficient from the coronavirus pandemic thanks to greater use of digital technologies and remote working, a European Central Bank survey showed on Monday. The ECB asked 72 industrial and services firms about the long-term impact of the COVID-19 outbreak on the way they operate and the business environment around them. They found...

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ITV says UK scientists worried vaccines may not work on S.African coronavirus variant

LONDON (Reuters) - Scientists are not fully confident that COVID-19 vaccines will work on a new variant of the coronavirus found in South Africa, ITV (LON:ITV)'s political editor said on Monday, citing an unidentified scientific adviser to the British government. British Health Secretary Matt Hancock said earlier on Monday that he was incredibly worried about the new variant. Public...

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Aviva Investors appoints Mark Versey as CEO

LONDON (Reuters) - British insurer Aviva (LON:AV) said on Monday it had appointed Mark Versey as chief executive of its fund arm, Aviva Investors, replacing Euan Munro, who leaves after seven years to take up a role outide the company. Versey joined the company in 2014 and is currently the chief investments officer for the unit's 47 billion pounds ($64.31...

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Euro share trading exits London for EU

LONDON (Reuters) - Trading in euro-denominated shares shifted from London to new platforms in the European Union on Monday, the first day of trading since Britain left the bloc's single market. Britain's unfettered access to the EU ended on Dec. 31, cutting off the City of London from much financial activity in the bloc. EU banks and asset managers must use a...

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A 2021 vision: what every fund manager is buying (or selling)

By Marc Jones and Sujata Rao LONDON (Reuters) - Dump the dollar! Buy emerging markets! Stay sustainable! These are among the consensus trades investment banks and asset managers reckon will dominate financial markets in 2021. Vaccines will - hopefully - make 2021 the year of recovery from the COVID-19 pandemic, which has upended some sectors and reinforced the dominance of others....

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Ladbrokes owner Entain confirms MGM approach on possible offer

(Reuters) - Ladbrokes (LON:LCL) owner Entain said on Monday it received proposals from U.S. casino operator MGM Resorts for a possible offer, adding that the planned bid significantly undervalued the company. As per Reuters' calculation, the proposed price per share of 1,383 pence per Entain share implies a total deal value of 8.09 billion pounds ($11.08 billion). ($1 =...

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Bitcoin trades near Sunday record of $34,800 following 800% surge

By Kevin Buckland TOKYO (Reuters) - Bitcoin traded at $33,176 in Asia on Monday, after soaring to a record high of $34,800 on Sunday as investors continue to bet the digital currency is on its way to becoming a mainstream payment method. The latest milestone for the world's most popular cryptocurrency came less than three weeks after it crossed $20,000 for the...

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