NAIROBI (Reuters) – Ethiopia plans to seek a restructuring of its sovereign debt under a new G20 common framework and is looking at all the available options, the country’s finance ministry told Reuters on Friday. Ethiopia’s government bonds saw their biggest ever daily fall on the news and analysts said restructuring concerns could spill over to hit other borrowers. G20 […]
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London (CNN Business)The cops on the Wall Street beat weren’t prepared for an army of day traders coordinating on social media to run up the price of stocks like GameStop (GME), BlackBerry (BB) and American Airlines (AAL). Now, brokers are imposing restrictions on the fly, drawing huge backlash from traders who are crying foul and spreading unsubstantiated theories about nefarious […]
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FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato(Reuters) – LDH Growth Corp I, a blank-check company backed by SoftBank Group Corp Chief Operating Officer Marcelo Claure, said on Friday it was looking to raise up to $200 million in its initial public offering. The company, […]
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FILE PHOTO: World Health Organization (WHO) Chief Scientist Soumya Swaminathan attends a press conference at the WHO headquarters in Geneva Switzerland July 3, 2020. Fabrice Coffrini/Pool via REUTERSGENEVA (Reuters) – The World Health Organization hopes to give emergency use listing for the AstraZeneca COVID-19 vaccine within two weeks, Soumya Swaminathan, WHO’s chief scientist said on Friday. “We are hopeful that […]
Read more2021 will produce ‘good’ earnings reports: Investor Mark Mobius Mobius Capital Partners founder Mark Mobius argues this year will produce ‘good earnings reports’ because the economic recovery ‘will be greater than people imagined.’ A construction slowdown during the coronavirus pandemic is hurting demand for Caterpillar Inc.'s heavy machinery, but the manufacturer said dealers and customers expect a turnaround this year. […]
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(Reuters) – Pub group Marston’s, brewer of Pedigree, Hobgoblin and Lancaster Bomber beer, has caught the eye of U.S. Platinum Equity Advisors which is looking to make a cash offer for the two-century-old firm, the British company said on Friday.Slideshow ( 2 images )Shares in Marston’s jumped 16.9% to 87.7 pence by 1357 GMT after news of the unsolicited non-binding […]
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BRUSSELS (Reuters) – The European Commission’s contract with AstraZeneca to supply COVID-19 vaccines includes Britain along with the EU as places where the Anglo-Swedish drugmaker should make its best efforts to manufacture vaccines for the EU.The AstraZeneca logo is pictured outside the AstraZeneca office building in Brussels as part of the coronavirus disease (COVID-19) vaccination campaign, Belgium, January 28, 2021. […]
Read moreSEOUL (Reuters) – Even though South Korean folk rock singer Kim Kwang-seok has been dead for nearly 25 years, his fans will be able to hear him perform a new song cover on Friday thanks to artificial intelligence (AI) technology used to recreate his voice. The voice AI system – Singing Voice Synthesis (SVS) – learned 20 songs of Kim […]
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LA PAZ (Reuters) – Bolivian doctors are demanding a nationwide lockdown and threatening to stop taking in new patients as a surge in COVID-19 cases, which they say is killing an average of one medic per day, strains hospitals to breaking point.Slideshow ( 3 images )New daily coronavirus infections in the Andean country, which received its first batch of Russian […]
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