24 December

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British bank shares bounce on reports of Xmas Eve Brexit breakthrough

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LONDON (Reuters) - Shares in Britain's largest banks surged in early trading on Thursday on reports that the UK and the European Union were on the cusp of securing an eagerly-anticipated trade deal, soothing months of worry about Britain's economic prospects in 2021. Lloyds Banking Group (LON:LLOY) saw its stock climb by 5.1% by 0827 GMT, while taxpayer-backed NatWest Group jumped by 2.7%....

24 December

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China says reports of demands on nuclear power complicating EU talks are fake

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BEIJING (Reuters) - China's foreign ministry said on Thursday that media reports of Chinese demands on nuclear power investment complicating bilateral talks with the European Union are "fake". Discussions on the China-EU investment pact are proceeding "smoothly", Wang Wenbin, a spokesman at the Chinese foreign ministry, said at a regular briefing. Negotiations have stalled at the last stretch because China...

24 December

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UK Stocks-Factors to watch on Dec. 24

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Dec 24 (Reuters) - Britain's FTSE 100 futures index FFIc1 was up 0.58% on Thursday. VODAFONE: India has challenged in Singapore an international arbitration court's verdict against it over a $2 billion tax claim involving Vodafone Group Plc VOD.L, a senior government official told Reuters on condition of anonymity. RIO TINTO: Rio Tinto (LON:RIO) Ltd RIO.AX and Indigenous Australians...

24 December

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No UK port problems so far for Jaguar Land Rover

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(Reuters) - Luxury carmaker Jaguar Land Rover has not seen any impact so far from issues at UK ports, its parent Tata Motors said on Thursday, even as many countries cut transport ties with Britain due to a fast-spreading new variant of the coronavirus. Tokyo-listed Honda Motor Co Ltd had to stop output at its British factory earlier this month because...

24 December

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Japan shares higher at close of trade; Nikkei 225 up 0.54%

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Investing.com – Japan equities were higher at the close on Thursday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 added 0.54%. The biggest gainers of the session on the Nikkei 225 were Hitachi Zosen Corp. (T:7004), which rose 6.38% or 34.0 points...

24 December

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China Looks at Cutting Inequality in Order to Boost the Economy

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(Bloomberg) -- The Chinese Communist Party’s new pledge to fix the “demand side” of the economy has prompted expectations the leadership will implement more egalitarian policies to stimulate consumer spending. The Party’s top leaders used the phrase “demand-side reform” for the first time this month, in a departure from its past focus on “supply-side” changes which involve upgrading industry and cutting capacity in...

24 December

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India challenges Vodafone arbitration ruling in Singapore – source

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By Aftab Ahmed and Aditi Shah NEW DELHI (Reuters) - India has challenged in Singapore an international arbitration court's verdict against it over a $2 billion tax claim involving Vodafone Group (LON:VOD) Plc, a senior government official told Reuters on Thursday on condition of anonymity. Vodafone in September had won the case against India, ending one of the most high-profile...

24 December

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U.S. cyber agency says SolarWinds hackers are ‘impacting’ state, local governments

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By Raphael Satter WASHINGTON (Reuters) - The U.S. cybersecurity agency said on Wednesday that a sprawling cyber espionage campaign made public earlier this month is "impacting" state and local governments. The hacking campaign, which used U.S. tech company SolarWinds as a springboard to penetrate federal government networks, was "impacting enterprise networks across federal, state, and local governments, as well as critical infrastructure...

24 December

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China Launches Probe into Alibaba Over Monopoly Allegations

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(Bloomberg) -- China has formally kicked off an investigation into alleged monopolistic practices at Alibaba (NYSE:BABA) Group Holding Ltd., escalating a campaign of scrutiny over the country’s internet giants. The State Administration for Market Regulation is investigating Alibaba, the regulator said in a statement without giving further details. Shares in...

24 December

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BOK to extend loans by six months to keep credit flowing to debt market

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SEOUL (Reuters) - South Korea's central bank on Thursday said it's policy board approved an extention of loans to a special purpose vehicle for six months through July 2021, to keep credit flowing to the local debt market. The Bank of Korea provided financing to a SPV which directly purchased 3 trillion won ($2.72 billion) worth corporate debt and commercial paper...

Меню

British bank shares bounce on reports of Xmas Eve Brexit breakthrough

China says reports of demands on nuclear power complicating EU talks are fake

UK Stocks-Factors to watch on Dec. 24

No UK port problems so far for Jaguar Land Rover

Japan shares higher at close of trade; Nikkei 225 up 0.54%

China Looks at Cutting Inequality in Order to Boost the Economy

India challenges Vodafone arbitration ruling in Singapore – source

U.S. cyber agency says SolarWinds hackers are ‘impacting’ state, local governments

China Launches Probe into Alibaba Over Monopoly Allegations

BOK to extend loans by six months to keep credit flowing to debt market

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