1/GONG HEI FAT CHOY! It's the Lunar Year of the Ox. Since the same Chinese character can be used to denote a bull, some investors might see that as a good omen for world markets. Higher bond yields could spoil the party at some point, but for now equity markets are charging on, not least in Asia, where Japan's Nikkei is at...
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LONDON (Reuters) - The prevalence of COVID-19 infections in England decreased in the week ended Feb.6, with around 695,400 people infected, equivalent to about one in 80 people, said the Office for National Statistics on Friday. In the previous week, the ONS estimated the prevalence to be one in 65 people. ...
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PARIS (Reuters) - France is unlikely to see a situation similar to the volatile trade in shares of U.S. video games retailer GameStop (NYSE:GME), the head of France's AMF market regulator said on Friday. "It is improbable in France and Europe, but it is a situation to which we have to pay close attention," AMF head Robert Ophele told Boursorama TV. Investors...
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Moodys (NYSE:MCO) reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations. Moodys announced earnings per share of $1.91 on revenue of $1.29B. Analysts polled by Investing.com anticipated EPS of $1.94 on revenue of $1.22B. Moodys shares are down 3% from the beginning of the year and are trading at $278.73 , down-from-52-week-high.They are...
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By Peter Nurse Investing.com - U.S. stocks are seen edging lower Friday, consolidating after recent gains with investors remaining confident vaccinations and additional fiscal stimulus will result in a reasonably prompt economic recovery. At 7:05 AM ET (1205 GMT), the Dow Futures contract was down 60 points, or 0.2%, S&P 500 Futures traded 8 points, or 0.2%, lower, and Nasdaq 100 Futures climbed...
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LONDON (Reuters) - A record $58.1 billion poured into global equity funds over the past week, with the bulk of the money flowing to U.S. large cap stocks, BofA's weekly fund flow data showed on Friday. The investment bank said U.S. equities attracted $36.3 billion inflows, the highest ever, with large-cap funds taking in $25.1 billion in the week to Wednesday. The...
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LONDON (Reuters) - British finance minister Rishi Sunak said his priority remained to protect as many jobs as possible from the impact of the coronavirus pandemic, as he prepared his next round of support for the economy which will be announced in his March 3 budget. "My priority has always been to try and protect as many people's jobs as possible," Sunak...
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LONDON (Reuters) - Staff at London Zoo have helped the leader of a squirrel monkey family keep his seven partners happy ahead of Valentine's Day with some special treats: heart-themed hessian bags filled with mealworms. Nine-year-old Nuka and his fellow Bolivian black-capped squirrel monkeys adore the treats. While the keepers ensured there was...
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FRANKFURT (Reuters) - Tesla Inc (NASDAQ:TSLA) must recall around 12,300 Model X cars worldwide due to car body mouldings problems, Germany's motor vehicle authority (KBA) said on its website. KBA said the recall affects cars built in 2015 and 2016, adding there was a risk that the moulding could fall off the vehicle....
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(Reuters) - Britain's Takeover Panel said on Friday it would hold an auction process for private security firm G4S (CSE:G4S) for rival bidders GardaWorld and Allied Universal to resolve a long-running bidding war. The panel said Canada's GardaWorld and Allied Universal have until Feb. 20 to make revised offers for G4S outside the auction process, which would start on Feb....
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