27 January

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Biden Says Climate Policies Will Add U.S. Jobs, Improve Health By Bloomberg

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(Bloomberg) -- President Joe Biden depicted his climate policies as an employment plan for the U.S., arguing that fighting warming global temperatures and carbon pollution by improving infrastructure and transportation technology will add millions of jobs. “Today is climate day at the White House which means that today is jobs day the White House,”...

27 January

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Lurching from crisis to crisis, Boeing delays 777X with demand hobbled By Reuters

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By Eric M. Johnson and Ankit Ajmera (Reuters) - Boeing (NYSE:BA) Co took a $6.5 billion charge on its new 777X jet and posted a record annual loss on Wednesday, as the cost of tighter regulation in the wake of two 737 MAX crashes caught up with its next flagship development. The...

27 January

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Swiss, Britain deepen talks on financial sector agreement By Reuters

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ZURICH (Reuters) - The finance ministers of Switzerland and Britain deepened talks on Wednedsday seeking to reach an agreement on mutual recognition within the financial sector, the Swiss government said. "In addition, Federal Councillor Ueli Maurer and Chancellor of the Exchequer Rishi Sunak agreed on a normalisation in the area of stock exchange equivalence from 3 February 2021," the Swiss finance ministry...

27 January

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Yellen, UK’s Sunak discuss cooperation on pandemic, climate, taxes – U.S. Treasury By Reuters

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WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday spoke with British Finance Minister Rishi Sunak, and discussed the need for cooperation on the COVID-19 pandemic, including support for a strong economic recovery, the Treasury said in a statement. "During the call, Secretary Yellen highlighted their shared priorities, including cooperating to end the pandemic and support a strong global recovery, fighting...

27 January

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Koss, Express, Blackberry Also Caught In Epic Short Squeeze By Investing.com

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Investing.com -- GameStop Corp (NYSE:GME)and AMC Entertainment Holdings Inc (NYSE:AMC) aren't the only stocks soaring on Wednesday even as the Dow Jones Industrial Average sheds 300 points. BlackBerry Ltd (NYSE:BB) jumped 24%, to above $23, Koss Corporation (NASDAQ:KOSS) jumped 222%, to $32.25, and Express Inc (NYSE:EXPR) rose 247%, to $10.57, all seemingly part of a...

27 January

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BMW says 2020 cash flow exceeded market expectations By Reuters

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FRANKFURT (Reuters) - BMW's free cash flow last year was better than market expectations at about 3.4 billion euros ($4.12 billion) in its core automotive division, the German carmaker said on Wednesday, citing recoveries in many markets and good cost management. The margin on earnings before interest and tax in the automotive segment will come in at the upper end of the...

27 January

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Oxford scientists expect some vaccine data on UK mutant virus by next week By Reuters

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(Reuters) - The University of Oxford expects efficacy data from a study of its COVID-19 vaccine against the British variant of the novel coronavirus by next week, a lead scientist said on Wednesday at a virtual meeting of a U.S. CDC advisory panel. "Since the middle of December, that (UK) variant has been dominant and spread so rapidly. And so, we should...

27 January

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Insurers face ‘mind-blowingly’ large loss if Olympics cancelled By Reuters

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By Carolyn Cohn and Noor Zainab Hussain LONDON (Reuters) - Insurers are facing a $2-3 billion loss if the Tokyo Olympics are cancelled this year, amounting to the largest ever claim in the global event cancellation market, brokers say. With less than six months until the Games are due to start, the competition will top the agenda when the International Olympic Committee's...

27 January

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Rolls-Royce says new UltraFan engine future-proof despite pandemic By Reuters

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By Sarah Young LONDON (Reuters) - Rolls-Royce (LON:RR) is pushing ahead with its new greener engine UltraFan for now, confident that airlines will need it in the post-pandemic recovery even as new technologies catch up, the head of the project told Reuters. COVID-19 has sent aviation into meltdown. Passenger numbers have slumped, airline finances have collapsed and demand for planes has...

27 January

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JPMorgan to join British online banking chase within months By Reuters

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By Iain Withers and Anna Irrera LONDON (Reuters) - JPMorgan (NYSE:JPM) will launch a digital consumer bank in Britain under its Chase brand within months, marking its first foray into an already competitive British market. The new business has already recruited 400 people and will offer a range of products including current accounts, America's largest bank by assets said on Wednesday. At...

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News

Biden Says Climate Policies Will Add U.S. Jobs, Improve Health By Bloomberg

Lurching from crisis to crisis, Boeing delays 777X with demand hobbled By Reuters

Swiss, Britain deepen talks on financial sector agreement By Reuters

Yellen, UK’s Sunak discuss cooperation on pandemic, climate, taxes – U.S. Treasury By Reuters

Koss, Express, Blackberry Also Caught In Epic Short Squeeze By Investing.com

BMW says 2020 cash flow exceeded market expectations By Reuters

Oxford scientists expect some vaccine data on UK mutant virus by next week By Reuters

Insurers face ‘mind-blowingly’ large loss if Olympics cancelled By Reuters

Rolls-Royce says new UltraFan engine future-proof despite pandemic By Reuters

JPMorgan to join British online banking chase within months By Reuters

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