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Maersk says European lockdowns have not dented demand for shipping By Reuters

COPENHAGEN (Reuters) - Shipping group Maersk said on Wednesday that new lockdowns in Europe had not dented demand for shipping and that the current "historically high" container freight rates are expected to continue for at least some weeks. "There are simply not enough containers in the world to cope with the current demand," Chief Commercial Officer Vincent Clerc told a media briefing....

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Britain to name former Goldman banker Sharp as next BBC chairman – Sky News By Reuters

LONDON (Reuters) - Britain is to name former Goldman Sachs (NYSE:GS) banker Richard Sharp as the next chairman of the BBC, Sky News reported on Wednesday. Sharp has recently been acting as an adviser to finance minister Rishi Sunak, Sky said, adding that he was likely to take up his new role in mid-February. He will succeed David Clementi, a...

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Britain signs £550 million weapons contract for F-35 jets By Reuters

LONDON (Reuters) - Britain said on Wednesday that it signed a 550 million pound ($751 million) contract with European weapons-maker MBDA to manufacture surface-attack missiles for use on the country's F-35B fighter jets. Britain said making the new missiles, known as SPEAR3, would enhance the UK's future combat air capability and support more than 700 jobs in the country. MBDA...

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JPMorgan fund tops 2020 global macro rankings – SharingAlpha By Reuters

LONDON (Reuters) - JPMorgan (NYSE:JPM) Asset Management's Global Macro Opportunities Fund was the top-rated global macro fund of 2020, asset allocators using SharingAlpha, the fund rating platform, said on Wednesday. The PIMCO GIS Global Bond Fund was the top-rated global fixed income fund, and the Swiss AtonRa Fund was the highest-ranked in large-cap global equities, according to the platform, which enables sovereign...

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UPDATE 1-UK Stocks-Factors to watch on Jan. 6 By Reuters

(Adds futures, news items) Jan 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 3 points higher at 6,615 on Wednesday, according to financial bookmakers, with futures FFIc1 up 1.03% ahead of cash market open. INFORMA: Events group Informa INF.L forecast a more than 70% plunge in 2020 profit as the industry was ravaged by coronavirus-driven restrictions...

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European Stocks Higher as Georgia Runoffs Point to Democrat Sweep of Congress By Investing.com

By Peter Nurse  Investing.com - European stock markets pushed higher Wednesday, with investors keeping a watchful eye on U.S. political developments as well as the progress of the coronavirus pandemic. At 3:35 AM ET (0835 GMT), the DAX in Germany traded 0.2% higher, the CAC 40 in France rose 0.2% and the U.K.'s FTSE index climbed 0.8%.  U.S. TV networks called one of...

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German economy can get through long virus lockdown – finance minister By Reuters

BERLIN (Reuters) - Europe's biggest economy can hold out through a coronavirus shutdown for a long time, German Finance Minister Olaf Scholz said on Wednesday, adding he expected lower levels of government debt than after the financial crisis of 2008. "We can hold out for a long time," Scholz told ZDF television. "Budget legislators in the German parliament have authorised us...

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