Investing.com – India equities were higher at the close on Wednesday, as gains in the Banking, Capital Goods and Carbon sectors propelled shares higher. At the close in NSE, the Nifty 50 rose 1.86%, while the BSE Sensex 30 index climbed 2.07%. The biggest gainers of the session on the Nifty 50 were HDFC Bank Ltd (NS:HDBK), which rose...
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By Geoffrey Smith Investing.com -- Jerome Powell returns to Capitol Hill for another day of testimony, but he hasn’t calmed the bond markets entirely yet. China’s stocks sell off as Hong Kong signals a transaction tax hike. Booking (NASDAQ:BKNG).com and Nvidia report earnings and the U.S. government gives its data on U.S. oil inventories in the week that Texas froze. Here’s what you need...
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By Iain Withers and Lawrence White LONDON (Reuters) - Lloyds Banking Group (LON:LLOY)'s outgoing Chief Executive António Horta-Osório set out fresh targets to expand the lender's insurance and wealth business and further cut costs, as the bank resumed a dividend despite a sharp fall in profits for 2020. Britain's biggest domestic lender reported pretax profits of 1.2 billion pounds ($1.7 billion), well...
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Investing.com – India equities were higher at the close on Wednesday, as gains in the Banking, Public Sector Undertakings and Capital Goods sectors propelled shares higher. At the close in NSE, the Nifty 50 rose 1.18%, while the BSE Sensex 30 index added 0.96%. The biggest gainers of the session on the Nifty 50 were Coal India Ltd (NS:COAL),...
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LONDON (Reuters) - Britain has confidence in its supply of COVID-19 vaccines and has good visibility on future supplies thanks to regular contacts with manufacturers over timetables for deliveries, the minister responsible for rolling out shots said on Wednesday. "We have real confidence in our supply and our visibility of supply," Nadhim Zahawi told lawmakers. "We...
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By Leika Kihara and Takahiko Wada TOKYO (Reuters) - The Bank of Japan must abandon the view it can influence public perceptions with monetary policy and conduct a "genuine" review that takes a harder look at the rising cost of prolonged easing, said former central bank deputy governor Hirohide Yamaguchi. The BOJ will conduct a review next month to make its monetary...
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(Reuters) - Britain's main stock index fell on Wednesday as a stronger pound weighed on exporters, while Lloyds Banking Group (LON:LLOY) rose 1.4% after the bank resumed a dividend despite a sharp drop in annual profit. The blue-chip FTSE 100 index was down 0.5% by 0812 GMT as sterling rose to a three-year high against the dollar. (GBP=) Financial and healthcare stocks,...
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(Reuters) - Metro Bank posted a much bigger annual loss on Wednesday and said it expects defaults to rise through the year in line with its provisions as government support measures set in place due to the COVID-19 crisis are wound down. The mid-sized company, part of a breed of challenger banks set up to take on the dominance of bigger...
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By Samuel Indyk Investing.com – Omega Diagnostics Group Plc (LON:ODX) has issued a statement after the UK Rapid Test Consortium (UK-RTC) issued a press release presenting new data relating to the performance of their AbC-19 rapid antibody test when used as a companion diagnostic to the Pfizer Inc (NYSE:PFE)-BioNTech SE (NASDAQ:BNTX) vaccine. During the University of Birmingham study, the...
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By Elizabeth Howcroft and Tommy Wilkes LONDON (Reuters) - Stocks, bonds and commodities? Old hat. Once the preserve of the super-rich, or just the eccentric, all kinds of unusual investments from vintage handbags and shares in fine art to rare Pokemon cards are now the happy hunting ground for stuck-at-home punters. Often armed...
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