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Exclusive: ECB expects data to vindicate 1.85 trillion euro purchasing scheme – policymaker By Reuters

By Andrei Khalip and Sergio Goncalves LISBON (Reuters) - The European Central Bank is hopeful brighter data in coming quarters will confirm that the amount of its 1.85 trillion euro ($2.21 trillion) Pandemic Emergency Purchase Programme set in December was appropriate, ECB policymaker Mario Centeno said. Centeno told Reuters on Monday the ECB would adjust the money-printing scheme, which has so far...

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FTSE 100 finishes lower as miners weigh, Bitcoin retreats from all-time high By Investing.com

By Samuel Indyk Key Points  FTSE 100 begins week on back foot as miners and oil & gas companies weigh More European countries stop rollout of AstraZeneca PLC (LON:AZN) (NASDAQ:AZN) vaccine  GBP weak ahead of Bank of England, Fed rate decisions Bitcoin retreats from all-time high amid reported India cryptocurrency ban Investing.com – The FTSE 100 finished lower on Monday after...

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Lonza gets licence to make ingredients for Moderna vaccine By Reuters

By John Miller ZURICH (Reuters) - Swiss contract drug manufacturer Lonza received a key licence from Switzerland to produce ingredients for Moderna (NASDAQ:MRNA)'s COVID-19 vaccine, regulator Swissmedic said on Monday, a boost for a global inoculation program that has hit some snags. The licence, for Lonza's new $70 million production line in Visp, Switzerland, dedicated to make ingredients for the...

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Euro Finance Chief Sees Need for Fiscal Aid Even as Crisis Fades By Bloomberg

(Bloomberg) -- Euro-area governments should be ready to keep up emergency support for their economies even after the worst of the coronavirus crisis is behind them, according to the official who leads meetings of the region’s finance ministers. Speaking before chairing a virtual gathering of his counterparts on Monday, Paschal Donohoe warned that the currency zone will require ongoing aid as it recovers...

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Airline Stocks Shine Premarket Monday; Delta, United, American up 2%-4% By Investing.com

By Dhirendra Tripathi Investing.com – Shares of airline companies were healthy gainers in Monday’s premarket trading as traders stepped up bets on economic reopening. American Airlines (NASDAQ:AAL) was up over 4%, United Airlines (NASDAQ:UAL) 3% and Delta (NYSE:DAL) over 2%, after reports that Friday's passenger figures for U.S. flights were the highest since March last year. Airlines have been cautious in bringing back capacity...

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Resisting the ECB Is Futile, Bank Analysts Tell Bond Traders By Bloomberg

(Bloomberg) -- Bank strategists have a simple message for bond traders: it’s not worth trying to take on the European Central Bank. From Goldman Sachs Group Inc (NYSE:GS) to Bank of America Corp's (NYSE:BAC) research arm, analysts are telling investors that the recent bond selloff in the region has likely come to a halt thanks to the ECB’s commitment...

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Britons’ confidence in economy jumps by most on record: Ipsos MORI By Reuters

LONDON (Reuters) - Confidence among people in Britain about the economy over the next 12 months has jumped by the most on record, polling firm Ipsos MORI said. Forty-three percent of Britons think the country's economy will improve, up 14 points from last month, it said. Britain has suffered Europe's highest COVID-19 death toll but it has also made the most progress...

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UK PM Johnson says AstraZeneca shot is safe, we’re confident about it By Reuters

LONDON (Reuters) - British Prime Minister Boris Johnson said on Monday that AstraZeneca (NASDAQ:AZN)'s COVID-19 vaccine was safe and that the government was very confident about using it in its vaccination push. Asked if he could reassure people that the shot was safe, Johnson said: "Yes I can." "In the MHRA (Britain's medicines regulator), we have one of the toughest and most...

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