25 March

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UK electric van startup Arrival plans more microfactories this year -executives By Reuters

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By Nick Carey LONDON (Reuters) - British electric van and bus startup Arrival Ltd will announce investments in more "microfactories" throughout 2021 as it expands its global manufacturing presence, executives said on Thursday. "Through the course of the year, you'll certainly see some more," microfactory announcements, Mike Abelson, head of Arrival's North American operations, told Reuters. "What you'll start to see now...

25 March

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The real deal? The case for and against inflation By Reuters

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By Dhara Ranasinghe LONDON (Reuters) - After years of dormant inflation, the spectre of accelerating price rises is rearing its head again across the developed world. Maybe. Debates are raging among economists on whether aggressive government spending unleashed since the COVID-19 pandemic will power economic growth, and therefore inflation. Market gauges of U.S. inflation are at multi-year highs, inflation bulls note....

25 March

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India shares lower at close of trade; Nifty 50 down 1.54% By Investing.com

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Investing.com – India equities were lower at the close on Thursday, as losses in the Power, Auto and Real Estate sectors propelled shares lower. At the close in NSE, the Nifty 50 fell 1.54% to hit a new 1-month low, while the BSE Sensex 30 index lost 1.51%. The biggest gainers of the session on the Nifty 50 were Tata...

25 March

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U.S. Futures Edge Higher; Weekly Jobless Claims in Focus By Investing.com

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By Peter Nurse Investing.com - U.S. stocks are seen opening marginally higher Thursday, helped by positive comments from Federal Reserve Chairman Jerome Powell and Treasury Secretary Janet Yellen ahead of key unemployment numbers. At 7:10 AM ET (1110 GMT), the Dow Futures contract was up 50 points, or 0.2%, S&P 500 Futures traded 6 points, or 0.2%, higher, and Nasdaq 100 Futures climbed...

25 March

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UK PM Johnson says wants openness on EU vaccine trade By Reuters

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LONDON (Reuters) -Prime Minister Boris Johnson said on Thursday Britain was on the side of openness and did not want to see restrictions on the exchange of COVID-19 vaccines with the European Union. The EU tightened its oversight of coronavirus vaccine exports on Wednesday, giving it greater scope to block shipments to countries with higher inoculation rates such as Britain, or which...

25 March

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Bank of England unveils new banknote celebrating WW2 code-breaker Turing By Reuters

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LONDON (Reuters) - The Bank of England unveiled the design of a new banknote celebrating mathematician Alan Turing, who helped Britain win World War Two with his code-breaking skills but is believed to have killed himself after being convicted for having sex with a male partner. The new 50-pound ($69) note features an image of Turing, mathematical formulae from a 1936 paper...

25 March

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UK’s former leader Cameron under lobbying investigation By Reuters

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LONDON (Reuters) - Britain's former prime minister David Cameron is being investigated by an independent oversight body after reports he had campaigned for government help for now collapsed supply chain financier Greensill Capital. The Financial Times reported that Cameron lobbied the government to increase the company's access to COVID-19 loan schemes, months before the finance company collapsed. "The Registrar of Consultant Lobbyists...

25 March

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CMC Markets shares jump as FY results above forecast By Investing.com

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By Samuel Indyk Investing.com – Shares in CMC Markets PLC (LON:CMCX) jumped over 7% in early trade after the online trading company said the business has performed very strongly during the start of 2021 amid higher levels of client trading activity versus regular trading periods. In today’s statement, the company said that as a result of the strong performance, they now...

25 March

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Mining, energy stocks drag UK shares lower; Cineworld slides By Reuters

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(Reuters) - British shares fell on Thursday, dragged down by mining and energy stocks as rising coronavirus cases across Europe fuelled concerns about a recovery in demand, while Cineworld dropped after reporting an annual loss. The blue-chip FTSE 100 index fell 0.4%, with miners including Rio Tinto (LON:RIO), Anglo American (LON:AAL) and BHP being the biggest drags. Oil...

25 March

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Boohoo cuts number of UK suppliers By Reuters

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LONDON (Reuters) - British online fashion retailer Boohoo on Thursday revealed a major consolidation in its supplier base as it published a full list of UK manufacturers to meet a pledge on transparency. The list was released exactly six months after Boohoo accepted all the recommendations of an independent review led by senior...

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UK electric van startup Arrival plans more microfactories this year -executives By Reuters

The real deal? The case for and against inflation By Reuters

India shares lower at close of trade; Nifty 50 down 1.54% By Investing.com

U.S. Futures Edge Higher; Weekly Jobless Claims in Focus By Investing.com

UK PM Johnson says wants openness on EU vaccine trade By Reuters

Bank of England unveils new banknote celebrating WW2 code-breaker Turing By Reuters

UK’s former leader Cameron under lobbying investigation By Reuters

CMC Markets shares jump as FY results above forecast By Investing.com

Mining, energy stocks drag UK shares lower; Cineworld slides By Reuters

Boohoo cuts number of UK suppliers By Reuters

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