08 April

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Exclusive: China’s Bilibili in talks to buy 24% stake of games maker Yoozoo – sources By Reuters

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By Julie Zhu HONG KONG (Reuters) - Chinese online video site Bilibili is in talks to buy a 24% stake and the headquarters building of Yoozoo Games as part of a deal worth nearly 5 billion yuan ($765 million), two people said, as it seeks to expand in the world's top gaming market. Bilibili is in talks on the deal with Xu Fenfen, chairwoman of Yoozoo, the video game company that is also known as Youzu Interactive, said the two people and another person with direct knowledge of the matter. Last month, Bilibili and its...

08 April

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Singapore becomes a global cruise leader, for now By Reuters

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By Chen Lin SINGAPORE (Reuters) - Singapore currently accounts for a third of the world's cruises its tourism body said on Wednesday, owing to the roaring success of its "cruises to nowhere" at a time of crisis in the industry globally. Cruises have yet to restart in many parts of the world after taking a beating from the coronavirus pandemic, with some of the earliest big outbreaks found on cruise ships. The city-state launched what it called "round trips" on luxury liners in November, which have no port of call and last only a few...

08 April

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Dollar stuck near two-week lows amid lower U.S. yields By Reuters

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By Kevin Buckland TOKYO (Reuters) - The U.S. dollar traded near more than two-week troughs versus major peers on Thursday, tracking Treasury yields lower, after minutes of the Federal Reserve's March policy meeting offered no new catalysts to dictate market direction. Fed officials remained cautious about the risks of the pandemic - even as the U.S. recovery gathered steam amid massive fiscal stimulus - and committed to pouring on monetary policy support until a rebound was more secure, the minutes showed Wednesday. The dollar index which measures the greenback against a basket of six currencies,...

08 April

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Asia shares set to follow Wall Street’s modest gains after Fed maintains stance By Reuters

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By Chibuike Oguh (Reuters) - Asian equities are poised to track Wall Street's cautious gains on Thursday after minutes from the Federal Reserve's latest meeting reiterated its commitment to keep interest rates low until the U.S. economy makes a more secure recovery. The S&P 500 and Dow closed slightly higher on Wednesday, as the Fed's commentary reinforced investor expectations that the central bank plans to maintain its policy support despite massive fiscal spending from the recent government stimulus package. "Investors remain intensely focused on interest rates," said Jeff Buchbinder, equity strategist at LPL Financial in Boston....

08 April

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Amazon union election in Alabama has 55% voter turnout By Reuters

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(Reuters) - Amazon.com Inc (NASDAQ:AMZN)'s closely watched union election in Alabama had voter turnout of about 55%, and the public tally is expected to begin as early as Thursday afternoon, the Retail, Wholesale and Department Store Union (RWDSU) said in a statement. The RWDSU said hundreds of ballots were challenged "mostly by the employer." Amazon did not immediately respond to a request for comment. ...

08 April

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U.S. Treasury deputy chief sees majority of countries joining minimum tax deal By Reuters

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WASHINGTON (Reuters) - U.S. Treasury Deputy Secretary Wally Adeyemo said on Wednesday that he believed the United States can secure an agreement with the "vast majority" of the world's countries to impose minimum corporate taxes. Adeyemo, in an interview on CNBC television, also said that the Treasury in those negotiations would not support digital services taxes that are discriminatory toward American companies. "We have supported taxation that makes sure that companies have to pay a level rate throughout the world. That's why we're in favor of a minimum global tax to make sure that companies...

08 April

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FTSE jumps amid weak GBP, possible link found between AZ jab and rare blood clots By Investing.com

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Key Points FTSE 100 closing price of 6,884.56, +0.89% UK regulator concludes possible link between AstraZeneca (LON:AZN) jab and blood clots EU regulator says benefits of AZ jab outweigh risks Weak GBP supports UK shares Cryptocurrencies fall, total market cap below $2 trillion By Samuel Indyk Investing.com – The FTSE 100 closed higher on Wednesday, supported by a weak GBP amid mixed vaccination news from Europe and the UK. The European Medicines Agency released their report into the study of potential blood clots following the AstraZeneca vaccine. They concluded that unusual blood clots should be listed...

08 April

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Bright Horizons Drops as Morgan Stanley Downgrades on Shifting Work Habits By Investing.com

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By Christiana Sciaudone Investing.com -- Bright Horizons (NYSE:BFAM) fell more than 7% after Morgan Stanley (NYSE:MS) downgraded shares on changing work habits. Bright Horizons provides day care to, among others, working parents who need occasional support. Working from home has changed those needs, and revenue and profit have accordingly decreased. Nonetheless, Morgan Stanely noted that its a valuation has recovered to pre-pandemic levels. "With the potential for changing on-site work dynamics post COVID, we think this could result in daycare becoming more local to employee homes and lead to increased competition for...

08 April

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Britain will have enough electricity over summer – National Grid By Reuters

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By Nina Chestney LONDON (Reuters) - Britain should have enough electricity to meet demand over the summer months, the country's National Grid (LON:NG) Electricity System Operator (ESO) said on Thursday, even though peak demand could be slightly higher than last year. Electricity demand is not likely to be as low as last year when Britain was in strict lockdown during the spring and early summer due to COVID-19 and will be more in line with previous years, National Grid ESO said in its annual summer outlook. Peak electricity demand is expected to be 32...

08 April

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UK PM urges calm as Belfast protesters hijack bus, attack police By Reuters

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By Jason Cairnduff BELFAST (Reuters) -Crowds of youths in a pro-British area of Belfast set a hijacked bus on fire and attacked police with stones in the latest of a series of nightly outbreaks of violence that began last week. British Prime Minister Boris Johnson said he was "deeply concerned" by the violence, which has injured dozens of police officers in recent days as protesters burned cars and hurled petrol bombs at police. The violence comes amid growing frustration among many in the pro-British unionist community at new trade barriers between Northern Ireland and...

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Exclusive: China’s Bilibili in talks to buy 24% stake of games maker Yoozoo – sources By Reuters

Singapore becomes a global cruise leader, for now By Reuters

Dollar stuck near two-week lows amid lower U.S. yields By Reuters

Asia shares set to follow Wall Street’s modest gains after Fed maintains stance By Reuters

Amazon union election in Alabama has 55% voter turnout By Reuters

U.S. Treasury deputy chief sees majority of countries joining minimum tax deal By Reuters

FTSE jumps amid weak GBP, possible link found between AZ jab and rare blood clots By Investing.com

Bright Horizons Drops as Morgan Stanley Downgrades on Shifting Work Habits By Investing.com

Britain will have enough electricity over summer – National Grid By Reuters

UK PM urges calm as Belfast protesters hijack bus, attack police By Reuters

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