24 February

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No breakthrough at UK-EU talks, says Northern Ireland’s Foster By Reuters

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BELFAST (Reuters) - There was no breakthrough at a "hugely disappointing" meeting between the European Commission and the British government on Wednesday over post-Brexit trade issues in Northern Ireland, the region's first minister, Arlene Foster, said on Wednesday. The British government is demanding concessions from the European Union to minimise disruption in...

24 February

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TJX Earnings, Revenue miss in Q4 By Investing.com

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TJX (NYSE:TJX) reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. TJX announced earnings per share of $0.5 on revenue of $10.94B. Analysts polled by Investing.com anticipated EPS of $0.6138 on revenue of $11.48B. TJX shares are up 2% from the beginning of the year and are trading at $68.05 ,...

24 February

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Dow Rallies to Record High as Cyclicals Ride Recovery Optimism Higher By Investing.com

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By Yasin Ebrahim Investing.com – The Dow hit a record high on Wednesday, as cyclicals continued to shine on the bets over a stronger economic recovery, while rising chip stocks boosted tech. The Dow Jones Industrial Average rose 1.4%, or 441 points hitting a record high of 31,978.90. The S&P 500 was up 1.15%, while the Nasdaq Composite gained 0.86%. Energy, up more...

24 February

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BoE has high hurdle for shifting pace of gilt buys, Broadbent says By Reuters

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By David Milliken and Andy Bruce LONDON (Reuters) - The Bank of England would need significant news to alter the pace of its purchases of British government bonds, which are part of its response to the COVID-19 pandemic, Deputy Governor Ben Broadbent said on Wednesday. Earlier this month, the BoE said it planned to maintain the pace of its gilt buying at...

24 February

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Mask-wearing may not be needed in summer, English medical official says By Reuters

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LONDON (Reuters) - People in England may not need to wear face masks over the summer months if COVID-19 infections drop sufficiently, but they are likely to be required again in the winter, Deputy Chief Medical Officer Jenny Harries said on Wednesday. "It's quite possible over the summer months - as we did last year - when we see rates drop, that...

24 February

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Outlook for airlines deteriorating in 2021 – IATA By Reuters

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LONDON (Reuters) - Global airline industry body IATA warned that the outlook for airlines had weakened since its December forecasts, and due to tightening travel restrictions it now expected the sector to still be bleeding cash by the fourth quarter of this year. IATA raised its forecast for total airline cash burn for 2021 to between $75 billion and $95 billion,...

24 February

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EasyJet raises 1.2 billion euros from bond deal as travel sector rebounds By Reuters

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By Yoruk Bahceli and Abhinav Ramnarayan AMSTERDAM (Reuters) - EasyJet raised 1.2 billion euros ($1.46 billion) from a seven-year bond sale on Wednesday, in a sign of investor confidence in a recovery in international travel and tourism. The deal attracted investor demand of 5.8 billion euros, a lead manager announcement seen by Reuters said, helping the company to reduce the yield on...

24 February

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PubMatic Jumps After Big Earnings Beat, Bullish Outlook By Investing.com

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By Liz Moyer Investing.com -- Pubmatic Inc (NASDAQ:PUBM) jumped 24% on Wednesday after beating fourth quarter expectations and announcing a bullish outlook. The advertising tech company went public in December. It reported fourth quarter profit of $18.8 million, or 34 cents a share, an increase over net income of $4.1 million, or 6 cents a share in the same period of 2019. Fourth quarter...

24 February

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UK expands “levelling-up fund” to cover Scotland, Wales and Northern Ireland By Reuters

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LONDON (Reuters) - Britain's finance ministry said on Wednesday it would expand regional funding for economic growth so that it now included Scotland, Wales and Northern Ireland. The "levelling-up fund" will be increased to 4.8 billion pounds ($6.76 billion) from 4 billion pounds previously, the finance ministry said in a statement. "By extending the levelling-up fund to be UK-wide, we are ensuring...

24 February

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We need to talk about trade with China, UK parliament tells PM Johnson By Reuters

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By William James LONDON (Reuters) - British Prime Minister Boris Johnson is locked in a battle with parliament over the country's approach to trade with China, fuelled by criticism that his government is lagging its peers in its condemnation of the treatment of Uighur Muslims in Xinjiang. The rights and wrongs of trading with China, the world's second-largest economy, have become a...

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News

No breakthrough at UK-EU talks, says Northern Ireland’s Foster By Reuters

TJX Earnings, Revenue miss in Q4 By Investing.com

Dow Rallies to Record High as Cyclicals Ride Recovery Optimism Higher By Investing.com

BoE has high hurdle for shifting pace of gilt buys, Broadbent says By Reuters

Mask-wearing may not be needed in summer, English medical official says By Reuters

Outlook for airlines deteriorating in 2021 – IATA By Reuters

EasyJet raises 1.2 billion euros from bond deal as travel sector rebounds By Reuters

PubMatic Jumps After Big Earnings Beat, Bullish Outlook By Investing.com

UK expands “levelling-up fund” to cover Scotland, Wales and Northern Ireland By Reuters

We need to talk about trade with China, UK parliament tells PM Johnson By Reuters

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