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Canada shares lower at close of trade; S&P/TSX Composite down 0.39% By Investing.com

Investing.com – Canada equities were lower at the close on Friday, as losses in the Energy, Financials and Real Estate sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite lost 0.39%. The biggest gainers of the session on the S&P/TSX Composite were BlackBerry Ltd (TSX:BB), which rose 8.10% or 1.31 points to trade at 17.48 at the close....

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UK may take more action to protect borders during COVID crisis – PM Johnson By Reuters

LONDON (Reuters) - Britain may have to implement further measures to protect its borders from new variants of COVID-19, Prime Minister Boris Johnson said on Friday. "I really don't rule out that we may need to take further measures still," he told a news briefing. "We may need to go further to protect our borders because we do not want after all...

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Pay business insurance claims or face enforcement, UK watchdog says By Reuters

By Huw Jones LONDON (Reuters) - Insurers face enforcement action if they don't pay up as soon as possible on business insurance claims following a landmark court ruling, Britain's Financial Conduct Authority said on Friday. The Supreme Court earlier this month ruled that many business insurance policies should cover losses caused by coronavirus lockdowns, and the FCA said insurers should now pay...

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UK COVID death toll reaches 95,981, nearly 5.4 million vaccinated By Reuters

LONDON (Reuters) - The death toll from COVID-19 in the United Kingdom hit 95,981 on Friday after the country recorded another 1,401 fatalities, while official data showed medics set a new high for vaccinations carried out in the last 24 hours. Britain has been hit hard by the latest wave of the pandemic, with fatalities routinely above 1,000 people a day. On...

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Chinese vaping firm RLX valued at nearly $35 billion in U.S. market debut By Reuters

(Reuters) - American depositary shares of RLX Technology Inc jumped 86% in their U.S. stock market debut on Friday, giving the Chinese vaping firm a market capitalization of nearly $35 billion. RLX's shares opened at $22.34, well above their initial public offering (IPO) price of $12 per share. Shares were up 58% in early trade on the New York Stock Exchange....

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Wall Street Opens Lower as Virus Fears Revive; Dow Down By Investing.com

By Geoffrey Smith  Investing.com -- U.S. stock markets opened lower on Friday on fears that the Covid-19 pandemic will do more damage over a longer period than thought, even despite the rollout of vaccines across the world. By 9:40 AM ET (1440 GMT), the Dow Jones Industrial Average was down 217 points, or 0.7%, at 30,864 points. The S&P 500 was down 0.6%...

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Walmart’s Ecommerce Investments to Keep Paying Dividends By Investing.com

By Christiana Sciaudone Investing.com --  Walmart (NYSE:WMT)'s ecommerce efforts as a result of the coronavirus will continue paying dividends, Jefferies (NYSE:JEF) said. Shares are up 0.56% on Friday as the firm reiterated a buy rating and a $177 price target on the retailer. Walmart is currently trading around $145.  Analyst Stephanie Wissink said Walmart's extensive physical presence and its evolving omnichannel offer margin...

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.33% By Investing.com

Investing.com – U.K. equities were lower at the close on Friday, as losses in the Food Producers, Travel & Leisure and Banking sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 fell 0.33%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Relx PLC (LON:REL), which rose 2.88% or 52.32 points to...

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Developer complains to EU over Apple, Google app rules after COVID game rejected By Reuters

By Foo Yun Chee BRUSSELS (Reuters) - A German app developer has filed a complaint with European Union antitrust authorities against Google (NASDAQ:GOOGL) and Apple (NASDAQ:AAPL) which he said last year rejected a game aimed at encouraging compliance with government COVID-19 rules. Several developers have challenged Google and Apple over their app policies,...

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The Office Market in San Francisco Is Even Worse Than New York’s By Bloomberg

(Bloomberg) -- San Francisco is expected to have the worst-performing office market in the U.S. this year. Rent and occupancy will likely drop 22% in San Francisco in 2021, the largest decline in the U.S., as technology companies embrace remote work, according to a report by Green Street. The second-biggest drop, at 17%, will be in New York, where office towers have been...

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