08 February

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UK shopper numbers up 6.7% last week on “lockdown fatigue” By Reuters

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LONDON (Reuters) - Total shopper numbers across British retail destinations rose by 6.7% in the week to Feb. 6 versus the previous week, adding to evidence of lockdown fatigue, market researcher Springboard said on Monday. "With shopper activity increasing for the past three weeks despite all but essential stores remaining closed, the results are delivering ever more compelling evidence of escalating lockdown...

08 February

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Hasbro Earnings, Revenue beat in Q4 By Investing.com

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Hasbro reported on Monday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Hasbro announced earnings per share of $1.27 on revenue of $1.72B. Analysts polled by Investing.com anticipated EPS of $1.14 on revenue of $1.69B. Hasbro shares are up 4% from the beginning of the year and are trading at $97.28 , down-from-52-week-high.They are under-performing...

08 February

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British retailers in plea for permanent business rates cut By Reuters

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LONDON (Reuters) - Some of Britain's biggest retailers including Tesco (LON:TSCO) and bookstore Waterstones have urged the government to permanently cut business rates if it wants physical stores to survive in the age of mass online shopping. Britain's retail sector has for years complained that the business rates system, charged on most commercial properties, is archaic and hands an unfair cost...

08 February

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European shares rise on M&A activity; cyclical stocks lead By Reuters

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By Shreyashi Sanyal (Reuters) - European shares rose on Monday, led by economically sensitive cyclical sectors, as sentiment was lifted by hopes of a quicker recovery and multi-billion dollar deals in the region. The pan-European STOXX 600 index rose 0.4%, adding to gains of 3.5% in the previous session, with technology shares rising 0.9%. Cyclical sectors including basic resources, banks and...

08 February

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Miners, energy stocks lift FTSE 100; Arrow Global soars on higher buyout offer By Reuters

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By Amal S (Reuters) - London's FTSE 100 snapped a three-day losing streak on Monday as mining and energy stocks tracked strong gains in commodity prices, while Arrow Global surged after private equity firm TDR Capital raised its buyout offer for the asset manager. The commodity-heavy FTSE 100 was up 0.5%, with miners...

08 February

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India shares higher at close of trade; Nifty 50 up 1.28% By Investing.com

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Investing.com – India equities were higher at the close on Monday, as gains in the Auto, Metals and Green Energy sectors propelled shares higher. At the close in NSE, the Nifty 50 added 1.28% to hit a new all time high, while the BSE Sensex 30 index added 1.22%. The biggest gainers of the session on the Nifty 50 were ...

08 February

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RWE, Total, BP among winners in UK offshore wind leasing auction By Reuters

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By Susanna Twidale LONDON (Reuters) - RWE, BP (LON:BP) and Total are among the winners in Britain's first major auction of offshore wind farm leases in more than a decade, the Crown Estate said on Monday. Britain, the world's largest offshore wind market, plans to generate a third of its electricity from the technology by 2030 as a part of...

08 February

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Treasury Long-Bond Yield Tops 2% Mark for First Time in a Year By Bloomberg

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(Bloomberg) -- Yields on the longest-dated U.S. benchmark bond have topped 2% for the first time in close to a year, fueled by advancing talks on U.S. fiscal stimulus and rising expectations for inflation. The selloff in Treasuries pushed the yield on the 30-year bond up by as much as three basis points to 2.00%, the highest since Feb. 2020. The level is...

08 February

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Omega Diagnostics shares rise as company selected to make Covid tests By Investing.com

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By Samuel Indyk Investing.com – Omega Diagnostics Group Plc (LON:ODX), the UK-listed healthcare company, has reportedly been selected by the UK Department of Health to produce additional lateral flow tests, according to the Financial Times. Omega Diagnostics, alongside SureScreen and Global Access Diagnostics are said to have been chosen to produce up to 2mln lateral flow devices per day. Commenting on...

08 February

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Pressure grows on HSBC over Hong Kong activist Ted Hui: Times By Reuters

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(Reuters) - HSBC Holdings Plc (LON:HSBA) has drawn fire from an international coalition of senior politicians over its decision to freeze the bank account of prominent pro-democracy activist Ted Hui in Hong Kong, The Times reported on Monday. A group consisting of more than 50 politicians, including former Tory leader Iain Duncan Smith, have written to HSBC Chairman Mark Tucker...

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News

UK shopper numbers up 6.7% last week on “lockdown fatigue” By Reuters

Hasbro Earnings, Revenue beat in Q4 By Investing.com

British retailers in plea for permanent business rates cut By Reuters

European shares rise on M&A activity; cyclical stocks lead By Reuters

Miners, energy stocks lift FTSE 100; Arrow Global soars on higher buyout offer By Reuters

India shares higher at close of trade; Nifty 50 up 1.28% By Investing.com

RWE, Total, BP among winners in UK offshore wind leasing auction By Reuters

Treasury Long-Bond Yield Tops 2% Mark for First Time in a Year By Bloomberg

Omega Diagnostics shares rise as company selected to make Covid tests By Investing.com

Pressure grows on HSBC over Hong Kong activist Ted Hui: Times By Reuters

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