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“Supermajority” for pro-independence in Scottish parliament will led to new referendum – Salmond By Reuters

LONDON (Reuters) - Scotland’s former First Minister Alex Salmond said a "supermajority" in the Scottish parliamentary after next month’s elections would make it hard for the United Kingdom's government to deny another independence referendum. Salmond announced the creation of a new party, the Alba Party, that will stand in the May 6 Scottish parliamentary elections saying his aim was to maximise the...

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Suez blockage may lead to large reinsurance claims, broker Willis Re says By Reuters

LONDON (Reuters) - The blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine reinsurance rates, James Vickers, chair of reinsurance broker Willis Re International, told Reuters. Formal investigations began this week into how the giant container ship Ever Given ran aground in the canal, shutting down shipping in the major global waterway...

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Drop UK quarantine rule for low-risk countries – Heathrow boss By Reuters

LONDON (Reuters) - The chief executive of London's Heathrow Airport, John Holland-Kaye, said Britain should scrap its home and hotel quarantine requirements for passengers arriving from countries with low levels of concern about COVID-19. "We need a new level in between the amber and the green (levels of risk), where you have low levels of variants of concern but still some issues...

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European Stocks Edge Higher; U.S. Infrastructure Package Boosts Sentiment By Investing.com

By Peter Nurse  Investing.com - European stock markets edged higher to record levels Thursday, boosted by additional stimulus in the form of the new U.S. infrastructure plan which overshadowed Covid worries. At 3:40 AM ET (0840 GMT), the DAX in Germany traded 0.6% higher at an all-time high, the CAC 40 in France rose 0.2%, the U.K.’s FTES 100 gained 0.5%, while the...

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Liberty Steel owner Gupta calls on creditors not to pull plug By Reuters

By Guy Faulconbridge LONDON (Reuters) -Liberty Steel owner Sanjeev Gupta cautioned creditors on Thursday against pulling the plug, saying he had garnered huge interest from financiers willing to refinance billions of dollars in debt owed to failed lender Greensill Capital. Gupta's GFG Alliance conglomerate has 30,000 employees across the world but its Liberty...

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Argo Blockchain appoints new climate strategy advisor By Investing.com

By Samuel Indyk Investing.com – Argo Blockchain , the UK-listed cryptocurrency miner, today announced it has appointed Guidehouse as its new climate strategy advisor. Guidehouse is a leading consultancy and solutions provider who has been appointed to research and advise on science-based solutions towards Argo’s long-term strategy of eliminating its climate impact. The work is to include a full climate action plan...

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Global garment makers unite to demand better terms from retailers By Reuters

By Victoria Waldersee and Ruma Paul DHAKA/LISBON(Reuters) - Garment makers in nine countries spanning Asia, the Middle East and North Africa have banded together to demand better contract terms from global clothing retailers, according to a draft document seen by Reuters. The suppliers hope their united front will prevent retailers from playing them...

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Five market trends investors are focused on for the second quarter By Reuters

By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK (Reuters) - The first quarter of 2021 kept investors on their toes as it served up surging yields, an accelerated rotation into cyclical stocks and wild rides in the shares of GameStop (NYSE:GME) that brought the retail investors of WallStreetBets into the public eye. Here are some trends investors are positioning for in...

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HKEX Proposes Easing Listing Rules to Lure More Overseas Firms By Bloomberg

(Bloomberg) -- Hong Kong’s stock exchange proposed easing listing requirements to attract more overseas firms to sell shares in the financial hub. In a consultation paper released late Wednesday, Hong Kong Exchanges & Clearing Ltd. proposed broadening secondary listings to all companies from now limiting them to high growth and innovative firms as long...

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