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Analysis: Trump suspension to test Twitter CEO’s truce with investors By Reuters

By Svea Herbst-Bayliss, Sheila Dang and Chibuike Oguh (Reuters) - Twitter Inc (NYSE:TWTR)'s decision to suspend President Donald Trump's account will test a truce made last year between CEO Jack Dorsey and top shareholders of the social media company which allowed Dorsey to remain in the top job. In early 2020, Dorsey faced calls from Elliott Management Corp to step...

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Google backs Biden immigration efforts, covers fees in threatened ‘Dreamer’ program By Reuters

By Paresh Dave OAKLAND, Calif. (Reuters) - Alphabet (NASDAQ:GOOGL) Inc's Google said it would support President-elect Joe Biden's efforts to pass a new U.S. immigration law and would help cover application fees for immigrants seeking lawful work under a threatened government program. Google said on Wednesday it would pay for the application fees of about 500 young immigrants seeking employment under the...

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Poland’s CD Projekt working with Sony to bring back Cyberpunk 2077 – PAP By Reuters

(Reuters) - Polish video game maker CD Projekt is working with Sony to bring back its troubled Cyberpunk 2077 game to PlayStation Store, but no date has been agreed, its chief executive Adam Kicinski told PAP news agency on Wednesday. Sony pulled Cyberpunk 2077 from its PlayStation Store last month after complaints about glitches, while Xbox maker Microsoft Corp (NASDAQ:MSFT)...

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Don’t tout investment services to EU clients, watchdog warns banks in Britain By Reuters

LONDON (Reuters) - Some UK-based banks are dodging a ban on offering investment services to EU-based customers by targeting them individually through advertising, the bloc's regulator said on Wednesday, warning of possible legal action over such "questionable" practices. Britain left the European Union on Dec. 31 and their post-Brexit trade deal does not cover financial services, effectively cutting off the City of...

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Japan’s central bank urged to avoid deepening negative rates By Reuters

TOKYO (Reuters) - The Bank of Japan should avoid deepening negative rates, which would further pressure profits, the head of a lobby group of regional banks said, after the central bank vowed to examine measures to make its monetary easing framework more effective. "The monetary easing was effective in terms of Japan's economic growth, but it also had significant impact on regional...

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Public trust crumbles amid COVID, fake news: survey By Reuters

By Mark John LONDON (Reuters) - Trust in governments, business chiefs and media is crumbling amid a perceived mis-handling by leaders of the coronavirus pandemic and a widespread feeling among ordinary citizens that they are being misled, a global survey has found. The Edelman Trust Barometer, which for two decades has polled thousands of people on their trust in core institutions,...

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ECB’s Lagarde sticks to upbeat outlook in face of fresh lockdowns By Reuters

By Alessandra Galloni FRANKFURT (Reuters) - The euro zone economy is still set to rebound this year provided lockdown measures to curb the coronavirus pandemic are lifted by the end of March and vaccines distributed, European Central Bank President Christine Lagarde said on Wednesday. Only last month, the ECB predicted economic growth of 3.9% this year in the bloc of 19 countries...

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UK supermarkets call for “urgent intervention” to ensure supplies to Northern Ireland By Reuters

LONDON (Reuters) - Britain's major supermarkets have warned the government that "urgent intervention" is required to prevent significant disruption to Northern Ireland food supplies in coming months. Britain is no longer part of the European Union's single market and customs union, but the British-run region of Northern Ireland has a foot in both camps – part of the UK's customs territory but also...

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