FILE PHOTO: A man works in his kitchen during the coronavirus disease (COVID-19) outbreak in Sassenheim, Netherlands October 2, 2020. REUTERS/Eva PlevierLONDON (Reuters) – Tens of millions of workers in developed economies will have to retrain for secure careers in post-COVID labour markets reshaped by the pandemic and the remote working revolution, a report by consultancy McKinsey said on Thursday. […]
Read moreInnocent GameStop investors will get ‘burned’: Home Depot co-founder Ken Langone Home Depot co-founder Ken Langone on GameStop stock volatility, the mass exodus from high-tax states to Florida, and NYU Langone vaccine distribution. Home Depot co-founder Ken Langone, while discussing the short-selling frenzy on Thursday, warned that investing in GameStop stock is a “risky proposition.” Continue Reading Below “A lot of […]
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LONDON (Reuters) – Oil prices erased early gains after Brent hit a new 13-month high above $65 a barrel on Thursday, as concerns that a rare cold snap in Texas could disrupt U.S. crude output for days or even weeks prompted fresh buying.FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving […]
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Power outages continue to plague Texas and now neighboring Louisiana and Mississippi as winter conditions curb supply just as demand rises. The problems are spreading, and Texas' water supply is now in jeopardy after thousands of pipes burst. Energy prices continue to jump. Natural gas gained more than 1% on Thursday, and is up more than 10% this week. Power […]
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LONDON (Reuters) – The dollar traded shy of recent highs on Thursday after its first back-to-back gains in two weeks as upbeat data bolstered expectations that the U.S. economy would recover from the coronavirus pandemic faster than that of most of its peers.FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken […]
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LONDON (Reuters) – Barclays has resumed modest shareholder payouts after a year-long hiatus due to the COVID-19 pandemic, setting expectations other British lenders will follow suit when they report 2020 earnings in the next few days.FILE PHOTO: Workers are seen at Barclays bank offices in the Canary Wharf financial district in London, Britain, November 17, 2017. REUTERS/Toby MelvilleThe resumption came […]
Read more* Graphic: World FX rates in 2020 tmsnrt.rs/2egbfVh * Graphic: Trade-weighted sterling since Brexit vote tmsnrt.rs/2hwV9Hv (Adds chart and comment, updates rates,) LONDON, Feb 18 (Reuters) – Sterling edged higher against both the euro and the dollar on Thursday, reaching its highest in almost a year against the single currency, amid expectations of a faster economic recovery in Britain thanks […]
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SEOUL (Reuters) – South Korea’s President Moon Jae-in on Thursday visited a factory that can make 10 million syringes a month and plans to double capacity to prevent shortages as the nation rolls out its coronavirus vaccination campaign next week.An employee poses for a picture with a LDS (low dead space) and normal syringes at a plant in Gunsan, South […]
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SYDNEY (Reuters) – Dozens of Australian companies, charities and information providers reacted with anger on Thursday after being shut down by Facebook, imploring the social media giant to restore their pages as calls for users to delete the platform grew.FILE PHOTO: The Facebook logo is displayed on a mobile phone in this picture illustration taken December 2, 2019. REUTERS/Johanna Geron/IllustrationAustralians […]
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