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Dow Turns Positive as Value Stocks Lead Comeback; Tech Stumbles By Investing.com

By Yasin Ebrahim Investing.com – The Dow cut its losses Monday, as a sharp move higher in the value stocks on expectations for a further fiscal support and robust economic growth offset tech-led weakness in growth stocks. The Dow Jones Industrial Average rose 0.39%, or 122 points. The S&P 500 was down 0.25%, while the Nasdaq Composite slumped 1.46%.  As the pace of Covid-19...

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Royal Caribbean Shares Soar on Bullish Outlook for Bookings By Investing.com

By Liz Moyer Investing.com -- Royal Caribbean Cruises Ltd (NYSE:RCL) shares jumped 11% on Monday after the company said bookings are up as vaccines roll out and Americans begin looking to the seas for vacation once more. Future bookings are coming in with similar volumes and higher prices than the time before the pandemic began last year, putting a...

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FTSE 100 lower as Johnson sets out Covid plan, pound strengthens, bitcoin tumbles By Investing.com

By Samuel Indyk Key points FTSE 100 ends lower by 0.1% GBP/USD moves to multiyear highs Bitcoin volatile, falls 13% before bouncing Investing.com – The FTSE 100 ended the day lower but off of worst levels as the UK Prime Minister Boris Johnson announced the roadmap for ending Covid restrictions. It was a difficult start to the week for the blue-chip...

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Google fires second AI ethics leader as dispute over research, diversity grows By Reuters

By Paresh Dave and Jeffrey Dastin (Reuters) - Alphabet (NASDAQ:GOOGL) Inc's Google fired staff scientist Margaret Mitchell on Friday, they both said, a move that fanned company divisions on academic freedom and diversity that were on display since its December dismissal of AI ethics researcher Timnit Gebru. Google said in a statement Mitchell violated the company's code of conduct and security policies...

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.16% By Investing.com

Investing.com – U.K. equities were lower at the close on Monday, as losses in the Healthcare Equipment & Services, Food & Drug Retailers and Equity Investment Instruments sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 fell 0.16%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Carnival PLC (LON:CCL), which rose...

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UK PM says foreign travel curbs to stay until at least mid-May By Reuters

By Sarah Young LONDON (Reuters) - The ban on non-essential international travel to and from England will stay until at least May 17, Prime Minister Boris Johnson said on Monday, prolonging the pain for airlines, airports and holiday companies hit by the pandemic travel slump. But would-be holidaymakers will be given clarity on making plans for the summer by April 12,...

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UK royals in TV head-to-head with Prince Harry and Meghan By Reuters

LONDON (Reuters) - Queen Elizabeth and other senior British royals will appear in a TV programme to discuss the importance of the Commonwealth on the same day that Oprah Winfrey's interview of her grandson Prince Harry and his wife Meghan is aired. For almost 50 years, the royal family have attended an annual Commonwealth Day service at London's Westminster Abbey in March,...

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City of London makes U-turn over slavery statue removal By Reuters

LONDON (Reuters) - The City of London's statue of an 18th century slave-owning former mayor has won a stay of execution after representatives of the financial district decided to halt plans for its removal to reconsider all options and avoid a clash with government. A committee of City representatives agreed in January to remove the statue of William Beckford from its Guildhall...

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‘Real-world’ UK data shows 70% decline in COVID infections after first Pfizer shot By Reuters

LONDON (Reuters) - England's coronavirus vaccine campaign is significantly reducing cases of COVID-19, with a drop of around 70% in infections among healthcare workers who have had a first dose of the Pfizer-BioNTech shot, British health officials said on Monday. Data analysed by Public Health England (PHE) showed the Pfizer (NYSE:PFE) provided high levels of protection against infection and symptomatic...

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Not ‘off to the races’: UK science adviser urges caution in easing COVID lockdown By Reuters

LONDON (Reuters) - British Prime Minister Boris Johnson must only ease lockdown in England with 4 to 5 weeks between stages so that the impact of the moves can be assessed and relaxation can be paused if needed, his top science adviser Patrick Vallance said on Monday. Vallance said that though there was encouraging evidence from Britain's vaccine rollout, it could not...

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