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UK’s Sunak says vaccine passport idea might help the economy By Reuters

LONDON (Reuters) - British finance minister Rishi Sunak said the idea of giving people vaccine passports or certificates to allow them to enter venues or events might be a way to help the country and its economy recover from the coronavirus pandemic. "Obviously it is a complicated but potentially very relevant question for helping us reopen those parts of our country like...

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Berkshire Hathaway B Earnings, Revenue miss in Q4 By Investing.com

Berkshire Hathaway B (NYSE:BRKb) reported on Saturday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. Berkshire Hathaway (NYSE:BRKa) B announced earnings per share of $2.15 on revenue of $64.38B. Analysts polled by Investing.com anticipated EPS of $2.28 on revenue of $64.72B. Berkshire Hathaway B shares are up 3% from the beginning...

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All English households with school children offered twice weekly COVID tests By Reuters

LONDON (Reuters) - All households in England with school or college aged children will be offered two rapid COVID-19 tests per person per week to support the government’s priority to get young people back in the classroom, the health ministry said on Sunday. Last week British Prime Minister Boris Johnson set out a phased plan to end England's latest COVID-19 lockdown, offering...

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UK’s Sunak will set out plans to raise income tax by 6 billion sterling – The Times By Reuters

(Reuters) - British finance minister Rishi Sunak will set out plans to raise income tax by 6 billion pounds ($8.36 billion), The Times reported https://www.thetimes.co.uk/article/stealth-rise-in-income-tax-to-pay-covid-bill-9h7v2trl6 on Sunday. The chancellor will say he needs to raise more than 40 billion pounds to tackle the budget deficit and protect the economy from rising rates of interest on government borrowing, the report said. ...

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UK’s Sunak to provide 5 billion sterling of grants to pandemic hit businesses in budget By Reuters

LONDON (Reuters) - British finance minister Rishi Sunak will announce 5 billion pounds ($7 billion) of additional grants to help businesses hit hard by pandemic lockdowns in his budget statement next week, the government said on Saturday. Shops, bars, clubs, hotels, restaurants, gyms and hair salons would be among nearly 700,000 companies eligible...

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Single-shot COVID vaccine in UK could be weeks away – The Telegraph By Reuters

(Reuters) - A single-shot vaccine to combat COVID-19 in Britain could be weeks away, with regulators set to begin the approval process this week, The Telegraph reported https://www.telegraph.co.uk/news/2021/02/27/exclusive-single-shot-covid-vaccine-could-weeks-away-regulators. A senior government source said the Medicines and Healthcare products Regulatory Agency (MHRA) formal process was "very likely" to start this week, according to the report. The jab, developed by Johnson &...

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Buffett upbeat on U.S. and Berkshire, buys back stock even as pandemic hits results By Reuters

By Jonathan Stempel (Reuters) - Warren Buffett's enthusiasm for the future of America and his company Berkshire Hathaway (NYSE:BRKa) Inc has not been dimmed by the coronavirus pandemic. Buffett used his annual letter to investors to assure he and his successors would be careful stewards of their money at Berkshire, where "the passage...

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Warren Buffett’s $10 billion mistake: Precision Castparts By Reuters

By Jonathan Stempel (Reuters) - Warren Buffett makes mistakes too. The 90-year-old billionaire on Saturday admitted he "paid too much" when his Berkshire Hathaway (NYSE:BRKa) Inc spent $32.1 billion in 2016 to buy aircraft and industrial parts maker Precision Castparts Corp, its largest acquisition. Berkshire wrote off $9.8 billion of Precision's value last August, as the coronavirus pandemic sapped demand for air...

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Biden White House asks ‘Trump who?’ ahead of speech to conservatives By Reuters

By Alexandra Alper and Jarrett Renshaw WASHINGTON (Reuters) - President Joe Biden's White House has made it clear it plans to ignore Donald Trump's speech on Sunday to a conservative conference in Florida, where the former president is expected to go on the attack against his successor. "Our focus is certainly not on what President Trump is saying" at the Conservative Political...

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