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EasyJet CEO criticises testing requirements in Britain’s travel restart plan By Reuters

LONDON (Reuters) - The chief executive of British airline easyJet (LON:EZJ) criticised some of the government's plans to restart travel, saying COVID-19 tests should not be required for passengers travelling to low-risk destinations. Britain's airlines and travel industry were left disappointed by Prime Minister Boris Johnson's warning on Monday that it was too soon to say when international holidays could resume,...

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Vaccine certificates won’t play a role in the initial re-opening of England’s economy – minister By Reuters

LONDON (Reuters) - Pubs and restaurants won't require vaccine certificates when they reopen under the current plans for an exit from lockdown in England, Minister for COVID Vaccine Deployment Nadhim Zahawi said on Tuesday. Step 2 out of the roadmap will see shops and pub gardens reopen next week, while the reopening of indoor hospitality venues in step 3 is slated for...

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Credit Suisse overhauls executive board as it estimates Archegos fallout at $4.7 billion By Reuters

By Brenna Hughes Neghaiwi ZURICH (Reuters) - Credit Suisse (SIX:CSGN) on Tuesday said it was replacing senior managers, halting its share buyback programme and slashing its 2020 dividend as it grapples with the estimated 4.4 billion Swiss franc ($4.69 billion) fallout from its relationship with Archegos Capital Management LP. Chief Risk Officer Lara Warner and investment banking head Brian Chin...

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Japan Finance Minister backs new SDR allocation, U.S. calls for minimum corporate tax By Reuters

By Tetsushi Kajimoto TOKYO (Reuters) - Japan would agree on a new allocation of special drawing rights (SDR) as long as the International Monetary Fund and World Bank help ensure transparency in providing the increased money for poor countries, Finance Minister Taro Aso said on Tuesday. "There would be no point to it if SDR expansion is used for paying back debts...

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Trimble At 52-Week High As Cathie Wood’s ARK Tops Up By Investing.com

By Dhirendra Tripathi Investing.com – Trimble (NASDAQ:TRMB) reached a 52-week high on Monday following Thursday’s topping up of the company’s shares by Cathie Wood's ARK Investment. The stock rose almost 5% to touch the day’s high of $84.61. ARK Investment's main active ETF, ARK Innovation ETF (NYSE:ARKK), bought 453,214 shares. ARK’s ARK Autonomous Technology & Robotics ETF (NYSE:ARKQ) holds more than 2.4 million...

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Asia shares set to rise after S&P 500, Dow hit records on strong economic data By Reuters

By Chibuike Oguh (Reuters) - Asian equities are poised to rise on Tuesday after the S&P 500 and Dow indexes set records as a streak of strong U.S. economic data fueled optimism even as a smaller-than-expected climb in 10-year Treasury notes eased inflation concerns. Investor sentiment was buoyed by a survey from the Institute for Supply Management (ISM) on Monday showing activity...

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Dollar drops with U.S. yields despite strengthening U.S. recovery By Reuters

By Kevin Buckland TOKYO (Reuters) - The dollar sank to an almost two-week low versus a basket of its peers on Tuesday, moving in tandem with retreating Treasury yields from recent peaks despite signs of a robust U.S. economic recovery. The dollar index wallowed at its lowest level since March 25, slipping further in early Asian trading following a 0.4% decline...

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