09 February

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Biden Presidency Starts With a Giant Bet on Run-It-Hot Economics By Bloomberg

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(Bloomberg) -- Joe Biden’s administration has dedicated its first few weeks in office to spending more money on pandemic relief -- and shrugged off warnings that the economy may overheat as a result.If the president sticks to his guns, it could mark another milestone in the great policy rethink that got under way after the 2008 financial crisis.Biden’s $1.9 trillion aid plan would...

09 February

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Turkish Central Bank Says Economy Thrived in Pandemic Year: BHT By Bloomberg

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(Bloomberg) -- Turkey’s gross domestic product might have expanded as much as 2.5% last year, a performance better than all other major economies hit by the Covid-19 pandemic, BloombergHT reported, citing the central bank. China’s Growth Beats Estimates as Economy Powers Out of Covid The economy probably grew as fast as 8% in the...

09 February

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H&M Faces Russian Criminal Investigation Over Customs Duties By Bloomberg

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(Bloomberg) -- Russian authorities opened a criminal investigation into clothing retailer Hennes & Mauritz (ST:HMb) for allegedly avoiding 3.1 billion rubles ($42 million) of customs duties. The Federal Customs Service opened the case in December against H&M’s Russian unit for not including some of the license fees it pays to its Swedish parent in declarations when importing goods from...

09 February

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Simon Property, Chegg Rise Premarket; Coty Falls By Investing.com

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By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Tuesday, February 9th. Please refresh for updates. Glu Mobile (NASDAQ:GLUU) stock soared 33% after Electronic Arts (NASDAQ:EA), up 1.4%, announced plans to acquire the mobile gaming company in a deal worth $2.4 billion. Glu is best known for its titles based around celebrities such as Kim Kardashian and Katy...

09 February

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Britain tightens travel restrictions with hotel quarantine and prison threat By Reuters

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By Sarah Young LONDON (Reuters) - Britain said it would bring in tighter border controls next week against new variants of the coronavirus, requiring hotel quarantine for arrivals and threatening rule-breakers with up to 10 years in jail and fines. Under lockdown rules, holidays are banned, and testing regimes and quarantine are...

09 February

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Bitcoin Record, Trump Trial, WHO Covid Investigation – What’s up in Markets By Investing.com

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By Geoffrey Smith Investing.com -- Bitcoin and other crypto assets surge to fresh highs after Elon Musk’s latest intervention, the Senate prepares to try Donald Trump for a second time, a WHO team effectively rules out a lab accident as the source of the Covid-19 pandemic, and oil consolidates above $60. Here’s what you need to know in financial markets on Tuesday, February 9th....

09 February

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Britain wants to resolve post-Brexit N.Ireland trade issues quickly By Reuters

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LONDON (Reuters) - Britain wants to resolve what it describes as issues with an agreement for post-Brexit trade with its province of Northern Ireland as quickly as possible with the European Union, a spokesman for Prime Minister Boris Johnson said on Tuesday. Michael Gove, in charge of implementing the Brexit deal, will meet European Commission Vice President Maros Sefcovic on Thursday to...

09 February

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EU urges governments to think green, digital before recovery plan launch By Reuters

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By Jan Strupczewski BRUSSELS (Reuters) - The European Commission urged governments on Tuesday to make a genuine effort to focus on digitalisation of their economies and fighting climate change in designing reforms and investments financed by EU grants as part of the recovery from the COVID-19 crisis. The European Parliament is set to approve later on Tuesday hundreds of billions of euros...

09 February

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Incyte Earnings, Revenue beat in Q4 By Investing.com

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Incyte (NASDAQ:INCY) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Incyte announced earnings per share of $0.93 on revenue of $789.5M. Analysts polled by Investing.com anticipated EPS of $0.5346 on revenue of $659.5M. Incyte shares are down 5.75% from the beginning of the year and are trading at $93.62 , down-from-52-week-high.They are...

09 February

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Dow Futures Down 60 Pts; Earnings and Impeachment Ahead By Investing.com

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By Peter Nurse Investing.com - U.S. stocks are seen trading slightly lower Tuesday, consolidating from record levels, with investors keeping a wary eye on the ongoing earnings season and ahead of Donald Trump’s second impeachment trial. At 7:05 AM ET (1205 GMT), the Dow Futures contract was down 60 points, or 0.2%, S&P 500 Futures traded 5 points, or 0.1%, lower, and Nasdaq...

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Biden Presidency Starts With a Giant Bet on Run-It-Hot Economics By Bloomberg

Turkish Central Bank Says Economy Thrived in Pandemic Year: BHT By Bloomberg

H&M Faces Russian Criminal Investigation Over Customs Duties By Bloomberg

Simon Property, Chegg Rise Premarket; Coty Falls By Investing.com

Britain tightens travel restrictions with hotel quarantine and prison threat By Reuters

Bitcoin Record, Trump Trial, WHO Covid Investigation – What’s up in Markets By Investing.com

Britain wants to resolve post-Brexit N.Ireland trade issues quickly By Reuters

EU urges governments to think green, digital before recovery plan launch By Reuters

Incyte Earnings, Revenue beat in Q4 By Investing.com

Dow Futures Down 60 Pts; Earnings and Impeachment Ahead By Investing.com

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