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Fed Decision, Brazil Rate Hike, Samsung Chip Warning – What’s up in Markets By Investing.com

By Geoffrey Smith Investing.com -- The Federal Reserve won't change interest rates or the rate of bond purchases, but will issue new guidance and growth forecasts when its two-day meeting ends later. It will also say whether it intends to end or extend a loophole on bank capital requirements that could have a big impact on the bond market in the near term....

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European Stocks Edge Largely Lower; BMW, Volkswagen Help DAX Outperform By Investing.com

By Peter Nurse Investing.com - European stock markets edged largely lower Wednesday ahead of the conclusion of the Federal Reserve’s two-day policy meeting, with BMW and Volkswagen (DE:VOWG_p) helping the German market outperform.  At 4:10 AM ET (0910 GMT), the DAX in Germany traded 0.1% higher, but the CAC 40 in France fell 0.1% and the U.K.'s FTSE index dropped 0.4%. BMW (DE:BMWG)...

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Vodafone seen reaping 2.13 billion euros from Frankfurt IPO: bookrunners By Reuters

By Arno Schuetze FRANKFURT (Reuters) - Vodafone (LON:VOD) is expected to price shares in infrastructure unit Vantage Towers at 24 euros ($28.60) each, valuing the firm at 12 billion euros in one of Europe's largest initial public offerings of 2021, bookrunners on the deal said on Wednesday. The company is expected to reap 2.13 billion euros from the deal, assuming...

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Some UK financial firms blame COVID for missing target of women in senior roles By Reuters

By Huw Jones LONDON (Reuters) - Most financial firms and institutions signed up to a UK finance ministry backed charter met their 2020 targets for women in senior management as those who fell behind blamed hiring freezes due to COVID-19, a review said on Wednesday. The fourth annual review from think tank New Financial for Britain's finance ministry, said the Women in...

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Exclusive: TikTok considers introducing group chat feature this year – sources By Reuters

By Fanny Potkin and Yingzhi Yang SINGAPORE/BEIJING (Reuters) - Video-sharing platform TikTok may launch a group messaging feature this year, people with knowledge of the discussions told Reuters, putting the Chinese-owned app in more direct competition with social media rivals such as Facebook (NASDAQ:FB). Group messaging is part of owner ByteDance's plan to develop TikTok into more of a "social interactions app",...

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French watchdog rejects requests to suspend Apple privacy feature By Reuters

By Mathieu Rosemain PARIS (Reuters) - France's antitrust watchdog on Wednesday rejected a request by online advertising lobbying groups that Apple (NASDAQ:AAPL) suspend a new feature that allows users to block advertisers from tracking them across different applications. The ruling marked the first antitrust decision of its kind in Europe. It could have repercussions worldwide for the U.S. tech giant, which...

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Novacyt launches mobile processing labs to detect Covid-19 By Investing.com

By Samuel Indyk Investing.com – Novacyt (LON:NCYT), the Anglo-French diagnostics firm, today announced it is to launch mobile processing laboratories to detect Covid-19. The company is to expand its VersaLab service with the launch of mobile processing laboratories (MPLs) to provide rapid turnaround PCR testing on-site. Versalab was initially launched in December last year to support private sector testing of Coivd-19, and further...

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