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29 January
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Time to “reimagine” travel industry, UK’s Prince Harry says By Reuters

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LONDON (Reuters) - Britain's Prince Harry has urged the travel industry to "reset and reimagine" its future after the crisis caused by COVID-19 pandemic, with a focus on creating a more sustainable model which does less damage to the environment and local communities. Travel firms and airlines have been badly hit by the pandemic, which has put a stop of much of...

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29 January
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Chevron Earnings, Revenue miss in Q4 By Investing.com

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Chevron (NYSE:CVX) reported on Friday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. Chevron announced earnings per share of $-0.01 on revenue of $25.25B. Analysts polled by Investing.com anticipated EPS of $0.0926 on revenue of $25.97B. Chevron shares are up 5% from the beginning of the year and are trading at...

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29 January
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Strong JLR sales in China boost Tata Motors’ quarterly profit By Reuters

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BENGALURU (Reuters) - Tata Motors Ltd on Friday posted a 67.2% surge in quarterly profit as sales at its luxury car unit, Jaguar Land Rover (JLR), improved in key market China as the country led a recovery in the global automobile industry from the pandemic. The Indian carmaker had logged losses for three straight quarters as the COVID-19 pandemic dented business in...

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29 January
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Retail buyers flood China’s Kuaishou HK IPO with $162 billion offered By Reuters

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By Scott Murdoch, Julie Zhu and Kane Wu HONG KONG (Reuters) - China's Kuaishou Technology raised $5.4 billion from its IPO, the top of the range, with offers from retail investors reaching a mammoth $162 billion, nearly half of it backed by margin loans, three people with knowledge of the matter said. Combining retail and institutional demand, the offering saw total bids...

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29 January
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Rush to stocks continues amid retail frenzy, BofA data show By Reuters

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LONDON (Reuters) - Investor cash continued to pour into stocks last week amid a retail trading frenzy that saw shares in GameStop (NYSE:GME) soar over 2,500% year-to-date at one point, BofA's weekly flow data showed on Friday. Inflows in the last three months soared to a record $272 billion. U.S. small cap firms, at the centre of amateur trading, saw their second-largest...

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29 January
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Honeywell Earnings, Revenue beat in Q4 By Investing.com

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Honeywell (NYSE:HON) reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Honeywell announced earnings per share of $2.07 on revenue of $8.90B. Analysts polled by Investing.com anticipated EPS of $2 on revenue of $8.4B. Honeywell shares are down 4% from the beginning of the year and are trading at $202.84 , down-from-52-week-high.They are...

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29 January
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Charter Communications Earnings, Revenue beat in Q4 By Investing.com

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Charter Communications (NASDAQ:CHTR) reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Charter Communications announced earnings per share of $6.05 on revenue of $12.62B. Analysts polled by Investing.com anticipated EPS of $4.83 on revenue of $12.57B. Charter Communications shares are down 1.04% from the beginning of the year and are trading...

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29 January
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Marston’s gets unsolicited buyout proposal from Platinum Equity By Reuters

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(Reuters) - British pub operator Marston's confirmed on Friday it had received an unsolicited non-binding proposal from Platinum Equity Advisors for a possible cash offer for the company. Marston's, which had a market value of about 473 million pounds ($649 million) as of last close, said it would evaluate the proposal with its advisers. The company's shares, which fell 40.6% in 2020,...

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29 January
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UK offers to work with allies to combat “unfair behaviour” by China-backed firms By Reuters

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LONDON (Reuters) - Britain will offer to work with the European Union, Japan and America to clamp down on what it calls unfair behaviour by Chinese state-owned enterprises, its trade minister Liz Truss will tell the World Economic Forum on Friday. "We want action on subsidies and state-owned enterprises, which can undermine genuine free trade and have to stop being used...

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29 January
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UK to publish assessment of trans-pacific trade bloc before negotiations start By Reuters

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LONDON (Reuters) - Britain's trade department said it would publish its assessment of joining a trans-Pacific trading bloc before negotiations began, responding to a Reuters report that the analysis would not be published before application as originally promised. "In line with our transparency commitments, we will publish the response to the Consultation, our Outline Approach and Scoping Assessment before CPTPP (Comprehensive and...

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