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Analysis: From land of promise to pariah state: Myanmar coup rattles foreign firms By Reuters

By John Geddie and Joe Brock SINGAPORE (Reuters) - Shortly after the military seized power, 55 foreign investors in Myanmar from Coca Cola to Facebook (NASDAQ:FB) signed a statement committing to the country and employees there during developments of "deep concern". A month on, those pledges are being sorely tested with Myanmar's economy all but paralysed by massive anti-coup protests, widespread strikes...

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Brands hope to cash in on Clubhouse audio app frenzy By Reuters

By Sheila Dang (Reuters) - Last month, during a live game show on audio-chat app Clubhouse, tech entrepreneur and investor Noah Lichtenstein and his co-hosts handed out $3,200 in prizes funded by Square (NYSE:SQ) Inc-owned payment company Cash App, which sponsored the event. Days later, top executives from Restaurant Brands International, owner of fast food chains Burger King and Popeyes, created their...

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StockBeat: Vodafone’s Tower IPO By Investing.com

By Geoffrey Smith  Investing.com -- After a heady debt-fueled ride with Cellnex (MC:CLNX), investors in European telecoms can now enjoy the discreet charms of dullness with Vodafone (NASDAQ:VOD)'s towers spin-off. The U.K.-based telecoms group finally set the price range for the IPO of its towers unit on Tuesday, a move that will free up capital and reduce its debt burden while...

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U.S. Stimulus Set to Boost Global Economy as Europe Lags Behind By Bloomberg

(Bloomberg) -- A U.S. recovery turbocharged by President Joe Biden’s stimulus package will help power a faster than expected global economic upswing that risks leaving Europe behind, according to OECD forecasts. The Paris-based organization said it now expects global output to rise above pre-pandemic levels by mid-2021 after major economies showed greater resilience at the end of 2020, and as evidence of vaccine...

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UK lawmakers ask BoE’s Bailey to clarify ‘apparent contradictions’ over LCF By Reuters

By David Milliken LONDON (Reuters) - Bank of England Governor Andrew Bailey must clarify "apparent contradictions" in evidence he gave to a parliamentary enquiry about his role in the collapse of investment group London Capital & Finance, lawmakers said on Tuesday. Bailey gave evidence to parliament's Treasury Committee on Feb. 8 about the collapse of LCF in 2019 while he headed the...

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Greatland Gold says drilling programme at Havieron producing “outstanding” results By Investing.com

By Samuel Indyk Investing.com – Greatland Gold Plc (LON:GGPL), the UK-listed metals miner with operations in Australia, announced “outstanding” results from its infill drilling at Havieron, intersecting high-grade mineralisation and further improving grade distribution within the drilling zone. The drilling included the best intersection recorded at Havieron to date, 120.7m at 9.3g/t gold and 0.18% copper from 1349.3m (HAD065W2), in addition to...

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UK’s ITV says 12.3 million tuned in for Meghan and Harry interview By Reuters

LONDON (Reuters) - More than 12 million people watched the British broadcast of Oprah Winfrey's interview with Meghan and Prince Harry on Monday night, the royal editor of the broadcaster ITV (LON:ITV) said. Chris Ship said ITV, which showed the two-hour interview a night after it broadcast in the United States, had drawn 12.3 million people at the peak...

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European Stocks Edge Higher; Gains Limited After Weak Japanese Growth By Investing.com

By Peter Nurse  Investing.com - European stock markets edged higher Tuesday, as investors balanced more corporate earnings and further progress for the U.S. stimulus package with disappointing Japanese growth. At 4:05 AM ET (0905 GMT), the DAX in Germany traded 0.1% higher, the CAC 40 in France rose 0.1% and the U.K.'s FTSE index climbed 0.2%. European equity markets have struggled to continue...

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French startup lobby to file complaint against Apple with data privacy watchdog By Reuters

PARIS (Reuters) - France Digitale, France's leading startup lobby, is preparing to file a complaint against iPhone maker Apple (NASDAQ:AAPL) with French data privacy watchdog CNIL on Tuesday over alleged breaches of European Union rules, the lobby said in a statement. In the seven-page complaint seen by Reuters, the lobby, which represents the bulk of France's digital entrepreneurs and venture...

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