LONDON (Reuters) – British Prime Minister Boris Johnson was poised to introduce tougher coronavirus restrictions in England at midnight on Monday, in a new national lockdown to try to reduce a surge in COVID-19 cases. Johnson was due to deliver a televised address to the nation at 2000 GMT. Johnson’s government earlier on Monday touted a scientific “triumph” as Britain […]
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WASHINGTON (Reuters) – U.S. construction spending rose to a record high in November, boosted by a robust housing market amid historically low mortgage rates, which could help blunt some of the hit on the economy from raging COVID-19 infections.FILE PHOTO: A home under construction stands behind a “sold” sign in a new development in York County, South Carolina, U.S., February […]
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FILE PHOTO: The Tesla logo is seen on a car in Los Angeles, California, U.S., July 9, 2020. REUTERS/Lucy Nicholson/File Photo(Reuters) -Tesla Inc shares rose to a record high in the first trading session of 2021, extending last year’s more than eight-fold surge that helped it become the world’s most valuable carmaker. The company on Saturday beat Wall Street targets […]
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(Reuters) – Chicago Federal Reserve President Charles Evans on Monday had a message for markets: vaccines may bring the coronavirus pandemic under control this year, but the U.S. central bank is nowhere close to ending its super-easy monetary policy.FILE PHOTO: Chicago Federal Reserve Bank President Charles Evans looks on during the Global Interdependence Center Members Delegation Event in Mexico City, […]
Read moreLONDON/DUBAI (Reuters) – A South Korean-flagged tanker has been seized by Iran, Iranian media said on Monday. Iranian media said the vessel had been seized by the country’s elite Revolutionary Guards navy for polluting the Gulf with chemicals. The United Kingdom Maritime Trade Operations (UKMTO) naval authority earlier said on its website that an “interaction” between Iranian authorities and a […]
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BENGALURU (Reuters) – Indian shares notched record closing highs on Monday for a second straight session of the new year, as investor sentiment lifted after the country gave emergency use approvals to two coronavirus vaccines over the weekend.FILE PHOTO: A man walks out of the Bombay Stock Exchange (BSE) building in Mumbai, India, February 28, 2020. REUTERS/Hemanshi Kamani/File PhotoThe Nifty […]
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Subscribe to Odd Lots (Spotify) Subscribe to Odd Lots (Apple Podcasts) Hosts Joe Weisenthal and Tracy Alloway take you on a not-so-random walk through hot topics in markets, finance, and economics. 34||h0&&d(“lcp”,[n[n.length-1]])}function i(t){t.getEntries().forEach(function(t){t.hadRecentInput||d(“cls”,[t])})}function a(t){if(t instanceof h&&!v){var e=Math.round(t.timeStamp),n={type:t.type};ep.offset&&e
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FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, December 29, 2020. REUTERS/Staff(Reuters) – European shares rallied in the first trading session of the year as a landmark Brexit trade deal and coronavirus vaccine drives across the continent bolstered expectations of a strong economic rebound. The pan-regional STOXX 600 index gained […]
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Welcome to Monday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the week: The Trump administration again nominated Judy Shelton to be a member of the board of governors of the Federal Reserve, almost two months after previous efforts to hold a Senate vote on the matter were derailed In the 21st century’s toughest […]
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