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26 November
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Brexit could affect economy for longer than COVID – BoE’s Saunders

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LONDON (Reuters) - Bank of England interest-rate setter Michael Saunders said the long-term effects of Brexit could have a bigger impact on companies than the coronavirus pandemic. "Businesses will shake off the effect of COVID-19 as they’re temporary, but the long-term effects of Brexit could be more permanent," Saunders said in an interview with TheBusinessDesk.com website. BoE Governor Andrew Bailey said on...

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26 November
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UK Stocks-Factors to watch on Nov 26

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Nov 26 - Britain's FTSE 100 (.FTSE) index is seen opening 7 points higher at 6,398 on Thursday, according to financial bookmakers. Unilever: Consumer goods group Unilever (UNA.AS) (ULVR.L) has agreed to buy U.S.-based vitamin company SmartyPants Vitamins, moving further into the consumer health market. UK Regulators: Britain will borrow almost 400 billion pounds ($535.44 billion) this year to pay for...

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26 November
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European debt markets unfazed as stocks hit record highs

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By Dhara Ranasinghe LONDON (Reuters) - Euro zone bond yields were a tad higher on Wednesday in a further sign that record-high stock markets are not enough to shift demand from fixed income markets supported by central bank stimulus. World shares rallied to a record peak after the formal start of U.S. president-elect Joe Biden's transition to the White House and...

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26 November
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Japan’s export credit agency to lend $2 billion to Nissan for U.S. sales financing

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TOKYO (Reuters) - Japan's state-owned export credit agency has agreed to give Nissan Motor Co up to $2 billion as part of a credit agreement to help it finance car sales in the United States. The money is part of a $4.1 billion credit agreement for Nissan Motor Acceptance Corporation, a unit of Nissan North America, Japan Bank of International Cooperation (JBIC)...

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26 November
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Swiss allocate 3,500 work permits for Britons post-Brexit

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ZURICH (Reuters) - The Swiss government on Wednesday allocated up to 3,500 work permits for Britons next year to let employers recruit staff from the United Kingdom, which will no longer be covered by Swiss free-movement accords with the European Union. "This ensures the required flexibility for Swiss business," the government said. The UK permit contingent initially applies for one year and...

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26 November
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Global stocks bull run to race on, spurred by cheap cash, vaccine hopes – Reuters poll

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By Jonathan Cable and Rahul Karunakar LONDON/BENGALURU (Reuters) - The blistering rally in global stock markets is set to continue for at least six months, albeit at a shallower pace, amid hopes more cheap cash and a COVID-19 vaccine allow economies to heal and corporate earnings to recover, a Reuters poll found. With the coronavirus pandemic sweeping across the globe, economic activity...

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