FILE PHOTO: Vials labelled “COVID-19 Coronavirus Vaccine” and a syringe are seen in front of the Pfizer logo in this illustration taken February 9, 2021. REUTERS/Dado Ruvic/Illustration/File PhotoLONDON (Reuters) – Pfizer Inc said on Wednesday it was on track to meet its delivery targets for COVID-19 shots in the United Kingdom in line with an agreed monthly schedule, after Britain […]
Read moreGold prices edged lower on Wednesday and pushed the most active gold futures contracts to a weak close as rising Treasury yields weighed on the commodity. However, after settling lower for the session, gold futures edged up a bit after the Federal Reserve left its policy rates unchanged and said it is unlikely to hike rates till 2023. The dollar […]
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Slideshow ( 2 images )WASHINGTON (Reuters) – The Federal Reserve on Wednesday projected a rapid jump in U.S. economic growth and inflation this year as the COVID-19 crisis winds down, and repeated its pledge to keep its target interest rate near zero for years to come. The U.S. central bank now sees the economy growing 6.5% this year, and the […]
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LONDON (Reuters) – British foreign minister Dominic Raab accused the European Commission of brinkmanship over its threat to ban exports of COVID-19 vaccines, calling for Commission head Ursula von der Leyen to explain her comments.FILE PHOTO: Britain’s Foreign Affairs Secretary Dominic Raab looks on as he walks outside Downing Street in London, Britain, February 24, 2021. REUTERS/John SibleyThe European Union […]
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WASHINGTON (Reuters) – Federal Reserve officials are due to issue new economic projections on Wednesday, with GDP growth likely to be a blow-out number that sets the stage for an historic experiment by U.S. central bank policymakers.FILE PHOTO: Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on Capitol Hill in Washington, U.S., December 1, 2020. Susan […]
Read more(Reuters) – Lennar Corp said on Wednesday it plans to spin-off all or parts of its non-core businesses to become a pure-play homebuilder and financial services company, while also creating a joint venture to provide single family homes for rent. The move sent the U.S. homebuilder’s shares up by more than 9% in afternoon trading on the New York Stock […]
Read moreMADRID (Reuters) – Spain’s stock market supervisor expects around six firms to debut on the Spanish exchange in 2021, which would set a record for initial public offerings (IPOs). Global stock markets have benefited this year from ultra-low interest rates and government economic stimulus measures aimed at alleviating the effects of the coronavirus crisis, driving record numbers of IPOs in […]
Read more(Reuters) – Chinese online video site Bilibili Inc launched the share sale for its secondary Hong Kong listing on Wednesday, aiming to raise up to $3.2 billion, as it eyes a return to an exchange closer to home. The company, backed by Chinese tech giants Tencent Holdings Ltd and Alibaba Group Holding Ltd, priced 25 million shares at HK$988 ($127.21) […]
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FILE PHOTO: Seagulls are seen on an empty beach of the Promenade des Anglais during the first local weekend lockdown imposed to slow the rate of the coronavirus disease (COVID-19) contagion, in Nice, France, February 27, 2021. REUTERS/Eric GaillardPARIS (Reuters) – The French government will impose tougher restrictions for some regions including Paris from this weekend to counter the accelerating […]
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