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Britain lockdown could be lifted sooner if vaccine effect exceeds expectations – Telegraph By Reuters

(Reuters) - The COVID-19 restrictions in England could be lifted sooner than June 21 if real-world data on the effect of vaccines is better than expected, The Telegraph reported on Tuesday, citing government sources. If the positive results from an early Public Health Scotland study on vaccines is replicated in England, "that would change the calculations" on the timings, the newspaper...

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Bitcoin, Powell Testimony, Nvidia: 3 Things to Watch By Investing.com

By Liz Moyer Investing.com -- The rotation away from tech stocks continued on Tuesday as investors snapped up energy and financials while Federal Reserve Chairman Jerome Powell said the recovery was still in the early stages. Pent-up consumers could drive big economic growth later this year, once vaccines make their way into enough of the population to make a full reopening possible. Powell told...

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Intuit Earnings, Revenue miss in Q2 By Investing.com

Intuit (NASDAQ:INTU) reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations. Intuit announced earnings per share of $0.68 on revenue of $1.58B. Analysts polled by Investing.com anticipated EPS of $0.9863 on revenue of $1.76B. Intuit shares are up 4% from the beginning of the year and are trading at...

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Northern Irish Brexit issue is two-way street, says EU’s Sefcovic By Reuters

BRUSSELS (Reuters) - Britain must show it is fully using the avenues available under the Brexit divorce deal to minimise trade disruption in Northern Ireland before seeking concessions, a senior EU official said on Tuesday. Britain's exit from the EU's trading orbit in January has created trade barriers between Northern Ireland - which remains in the EU's single market for goods -...

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FTSE 100 ends higher as “reopening” names rally, GBP strong, bitcoin retreats By Investing.com

By Samuel Indyk Key Points FTSE 100 finishes higher by 0.2% as reopening names rally Travel & Leisure and Aerospace & Defense strong GBP/USD moves above 1.4100, GBP/EUR breaks 1.1600 Bitcoin rally continues to fade, US tech names weak WTI and Brent gains subside The FTSE 100 ended the day in the green, lifted for a second day by companies that...

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Phoenix buys Standard Life brand, sells some units back to SLA By Reuters

(Reuters) - Insurer Phoenix Group will take on the Standard Life (LON:SLA) brand from asset manager Standard Life Aberdeen (SLA) and sell back some of the businesses it bought from SLA as the pair simplify their partnership. Phoenix bought Standard Life Aberdeen's European and UK insurance businesses in 2018, a deal that had created a complicated network of products and...

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