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UK’s Johnson says he is looking at COVID help for India By Reuters

LONDON (Reuters) - British Prime Minister Boris Johnson said that he was looking at what he could do to help India, where the coronavirus pandemic is entering a deadly new phase with which its health services are struggling to cope. "We're looking at what we can do to help and support the people of India," Johnson told British media on Friday, describing India as a great partner and explaining that the help could include providing ventilators or therapeutics. ...

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Britain says it stands with France after attack on police employee By Reuters

LONDON (Reuters) - Britain's foreign secretary Dominic Raab said the UK stood with France following the fatal stabbing of a police administrative worker, who President Emmanuel Macron said had been the victim of a terrorist attack. "We stand with our French friends and allies following tragic news of a female police officer killed by a terrorist in Rambouillet while doing her job," Raab said on Twitter on Friday. ...

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Canada shares higher at close of trade; S&P/TSX Composite up 0.41% By Investing.com

Investing.com – Canada equities were higher at the close on Friday, as gains in the Healthcare, Clean Technology and Financials sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite rose 0.41%. The biggest gainers of the session on the S&P/TSX Composite were AcuityAds Holdings Inc (TSX:AT), which rose 7.32% or 1.000 points to trade at 14.660 at the close. Ballard Power Systems Inc (TSX:BLDP) added 7.04% or 1.79 points to end at 27.21 and Village Farms International Inc (TSX:VFF) was up 4.87% or 0.66 points to 14.22...

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UK and Australia agree “vast majority” of trade deal – statement By Reuters

LONDON (Reuters) - Britain and Australia have agreed the vast majority of a free trade deal during talks in London this week and will look to reach full agreement in principle by June, a joint statement said on Friday. "The UK and Australia have today reached consensus on the vast majority of elements of a comprehensive free trade agreement," the statement said. "Both countries are confident that the remaining issues will be resolved, and will now enter a sprint to agree the outstanding details with the aim of reaching agreement in principle by June." Britain is...

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UK PM Johnson’s former aide Cummings denies leaking PM’s messages By Reuters

LONDON (Reuters) - Dominic Cummings, British Prime Minister Boris Johnson's former top adviser, on Friday denied he leaked communications between Johnson and businessman James Dyson after the government launched an inquiry into their release. Cummings, architect of the successful campaign for Britain to leave the European Union, left Johnson's staff suddenly late last year having previously been his most influential adviser over Brexit and a 2019 election campaign. Three British newspapers reported on Friday, citing unidentified sources in Johnson's office, that Cummings was behind the leak of text messages in which Johnson promised to fix a...

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Pandemic thwarts efforts to end currency black markets, study says By Reuters

LONDON (Reuters) - The financial hit of the COVID-19 pandemic has slowed efforts by central banks in a range of countries to unify parallel exchange rates, leaving states such as Lebanon and Iran with currency black markets that cause more economic damage, a study found. Twenty-two countries now have more than one exchange rate, the Institute of International Finance (IIF) found in a report. Where official rates differ sharply from the rates available to ordinary people or businesses, that can cause a range of economic problems. "An official exchange rate significantly stronger than a market-clearing...

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Kimberly-Clark Earnings, Revenue miss in Q1 By Investing.com

Kimberly-Clark (NYSE:KMB) reported on Friday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. Kimberly-Clark announced earnings per share of $1.72 on revenue of $4.74B. Analysts polled by Investing.com anticipated EPS of $1.93 on revenue of $4.97B. Kimberly-Clark shares are up 4% from the beginning of the year and are trading at $131.50 , down-from-52-week-high.They are under-performing the S&P Global 100 which is up 8.67% from the start of the year. Kimberly-Clark shares lost 6.29% in pre-market trade the report. Kimberly-Clark follows other major Consumer/Non-Cyclical sector earnings this month...

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Intel Slips As Sales From Key Data Center Segment Fall, Margins Erode By Investing.com

By Dhirendra Tripathi Investing.com – Intel (NASDAQ:INTC) shares were down 2% in premarket Friday on concerns the company may be losing market share to rivals in the business of supplying chips to Coud service providers. Guidance that was an improvement from last time and a booming market for personal computers weren’t enough to offset concern at the drop in sales at its data center business. Revenue from data centers that run-based services for companies and individuals dropped 20% on the year to $5.6 billion in the three months through March. The unit is Intel’s most profitable...

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.02% By Investing.com

Investing.com – U.K. equities were lower at the close on Friday, as losses in the Mining, Pharmaceuticals & Biotech and Electrical sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 declined 0.02%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Bank VTB PAO DRC (LON:VTBRq), which rose 6.80% or 0.084 points to trade at 1.320 at the close. Flutter Entertainment PLC (LON:FLTRF) added 2.62% or 390.0 points to end at 15295.0 and DS Smith PLC (LON:SMDS) was up 2.44% or 10.10 points to 423.20 in late...

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Half of EU countries likely miss deadline for recovery plan submission By Reuters

By Jan Strupczewski BRUSSELS (Reuters) - Only half the European Union's 27 countries are likely to submit their EU-financed spending and reform plans by the deadline of the end of April, but that should not delay first disbursements being made in July, EU officials said. Under the EU's 750 billion-euro plan to turn the economy greener and more digital by 2026, each EU government is to present to the European Commission by April 30 a plan on how it wants to spend its share of a mix of EU loans and grants that would finance the...

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