05 March

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EU not interested in protecting Belfast peace agreement – Northern Ireland first minister By Reuters

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LONDON (Reuters) - Northern Ireland's first minister said that the European Union's actions have shown that its priority is protecting the trading bloc, not the Belfast peace agreement. "What they're only interested in is protecting their bloc, they're not interested, as they claim to be, in protecting the Belfast agreement. If they were, they would not be taking the action that...

05 March

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London Stock Exchange moves ahead with integrating Refinitiv By Reuters

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LONDON (Reuters) - London Stock Exchange Group (LON:LSEG) posted steady full year results for 2020 on Friday, announcing a 7% dividend increase as integration of its $27 billion acquisition of data and analytics company Refinitiv stepped up a gear. The exchange said that its FTSE Russell stock indexes business in Britain and most of its other information services will be...

05 March

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China tightens Hong Kong grip, sets modest GDP target as parliament begins By Reuters

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By Tony Munroe and Kevin Yao BEIJING (Reuters) - China moved to overhaul Hong Kong's electoral system on Friday in a further blow to democracy in the city and unexpectedly set an economic growth target for this year, albeit a modest one, as it kicked off its annual session of parliament. On a...

05 March

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Viatris Earnings, Revenue miss in Q1 By Investing.com

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Viatris reported on Friday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. Viatris announced earnings per share of $1.08 on revenue of $3.62B. Analysts polled by Investing.com anticipated EPS of $1.24 on revenue of $4.17B. Viatris shares are down 5.13% from the beginning of the year and are trading at $13.59 , down-from-52-week-high.They...

05 March

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China’s parliament to delay Hong Kong legislative vote, overhaul electoral system By Reuters

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By Marius Zaharia HONG KONG (Reuters) - Elections for Hong Kong's legislature will likely be deferred for a second year to September 2022 as Beijing plans a major overhaul of the city's electoral system, a severe blow to any remaining democratic hopes in the global financial hub. The delay, which South China Morning Post and other local media reported on Friday, citing...

05 March

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U.S. job growth likely regained steam in February By Reuters

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By Lucia Mutikani WASHINGTON (Reuters) - U.S. job growth likely accelerated in February as more services businesses reopened amid falling new COVID-19 cases, quickening vaccination rates and additional pandemic relief money from the government, putting the labor market recovery back on firmer footing and on course for further gains in the months ahead. The Labor Department's closely watched employment report on Friday...

05 March

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Western Australia upgrades Crown Resorts inquiry to Royal Commission By Reuters

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SYDNEY (Reuters) - Western Australia upgraded an inquiry into Crown Resorts Ltd to a high-powered Royal Commission on Friday, saying it needed to ensure there were sufficient legal protections to investigate the casino operator. The move means the company, one-third owned by billionaire James Packer, will face Royal Commissions in two Australian states simultaneously, just as it seeks to rebuild its management...

05 March

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Analysis: Wealth managers frustrated over bitcoin, anxious for piece of the action By Reuters

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By David Randall NEW YORK (Reuters) - The rollercoster ride in bitcoin since the start of the year has not dampened wealth manager Jim Paulsen's enthusiasm for the cryptocurrency. Yet Paulsen, chief investment officer for Leuthold Group, which manages $1 billion, cannot own bitcoin in client portfolios due to regulatory constraints. This has left him on the sidelines watching the world's...

05 March

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China restores GDP growth target after economic rebound By Reuters

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BEIJING (Reuters) - China on Friday restored its annual economic growth target, setting it at above 6%, and pledged to create more jobs in cities than last year, as the world's second-biggest economy emerged from a year disrupted by the effects of COVID-19. In 2020, China dropped its gross domestic product growth target in the premier's work report for the first time...

05 March

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SPAC Froth Turns on Itself With Stocks Plunging 20% in Two Weeks By Bloomberg

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(Bloomberg) -- It may turn out that five new special purpose acquisition companies per day was too many. SPAC mania is showing signs of hitting a stock-market saturation point, with an index tracking blank-check flyers suddenly down about 20% from its peak. The craze is being clipped as quickly as it whipped up, with sentiment souring on growth stocks amid a runup in...

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News

EU not interested in protecting Belfast peace agreement – Northern Ireland first minister By Reuters

London Stock Exchange moves ahead with integrating Refinitiv By Reuters

China tightens Hong Kong grip, sets modest GDP target as parliament begins By Reuters

Viatris Earnings, Revenue miss in Q1 By Investing.com

China’s parliament to delay Hong Kong legislative vote, overhaul electoral system By Reuters

U.S. job growth likely regained steam in February By Reuters

Western Australia upgrades Crown Resorts inquiry to Royal Commission By Reuters

Analysis: Wealth managers frustrated over bitcoin, anxious for piece of the action By Reuters

China restores GDP growth target after economic rebound By Reuters

SPAC Froth Turns on Itself With Stocks Plunging 20% in Two Weeks By Bloomberg

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