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Inflation Rippling Through Markets Is Just What Fed Wants to See By Bloomberg

(Bloomberg) -- Every new sign that U.S. financial markets finally see some inflation in the pipeline is another piece of good news for the Federal Reserve.Bond-market indicators of inflation, from long-term yields to the cost of hedging, have all pushed higher in recent weeks. Investors can see price pressures waking up -- perhaps more than the U.S. is accustomed to lately, but well...

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WATCH LIVE: ECB Press Conference By Investing.com

Watch the webcast live from Frankfurt, as European Central Bank President Christine Lagarde explains the Governing Council's monetary policy decisions taken today and answers questions from journalists. This press conference, the first of 2021, is a widely anticipated event by investors. Follow it live, in English right here, right now. ...

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UK PM Johnson says to early to say when national lockdown will end By Reuters

LONDON (Reuters) - It is too early to say when the national COVID lockdown in England will end, British Prime Minister Boris Johnson said on Thursday, adding that persistently high infection levels demonstrated how infectious a new variant was. "I think it's too early to say when we'll be able to lift some of some of the restrictions," Johnson told broadcasters....

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EU leaders weigh travel curbs over virus variant fears By Reuters

By Philip Blenkinsop BRUSSELS (Reuters) - European Union leaders were seeking on Thursday to address the coronavirus pandemic's mounting challenges, including increased calls to limit travel and tighten border controls to contain more infectious variants of the disease. German Chancellor Angela Merkel said before an evening leaders' video conference that European countries needed to take the new mutation found in Britain seriously...

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Volkswagen faces EU fine for missing 2020 emissions targets By Reuters

BERLIN (Reuters) - Volkswagen (DE:VOWG_p) faces a fine of more than 100 million euros ($121 million) for missing EU targets on carbon dioxide (CO2) emissions from its 2020 passenger car fleet, the world's largest carmaker said on Thursday. It cut average CO2 emissions in the fleet in the European Union by around 20% to 99.8 g/km, but that was around 0.5 g/km...

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Trading platform IG to buy U.S. brokerage tastytrade for $1 billion By Reuters

(Reuters) - London-listed trading platform IG Group Holdings PLC (LON:IGG) said it plans to buy online brokerage tastytrade for $1 billion, as it ramps up its presence in the United States after a stellar year for the industry due to coronavirus-driven market volatility. The deal consideration would be made through $300 million in cash and the issuance of 61 million IG shares, the...

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Britain’s EG Group appoints Rose as non-executive chairman By Reuters

LONDON (Reuters) - British convenience store and fuel retailer EG Group said on Thursday it had appointed Ocado (LON:OCDO) Chairman Stuart Rose as non-executive chairman. Rose, former CEO and chairman of Marks & Spencer, is due to retire from online grocer Ocado in May. EG Group is jointly owned by the Issa brothers, Zuber and Mohsin, and by private equity firm TDR Capital....

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Bitcoin slumps 10% as pullback from record continues By Reuters

LONDON (Reuters) - Bitcoin slumped 10% on Thursday to a 10-day low of $31,977 as the world's most popular cryptocurrency continued to retreat from the $42,000 record high hit on Jan. 8. The pullback came amid growing concerns that bitcoin is one of a number of financial bubbles threatening the overall stability of global markets. Fears that U.S. President Joe Biden's...

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UK says prosecuted 6,500 people for COVID-related crimes in six months By Reuters

LONDON (Reuters) - Britain said on Thursday it had prosecuted 6,500 people for coronavirus-related offences in the first six months following the nationwide lockdown last March, with most relating to assaults on emergency workers. The Crown Prosecution Service said 1,688 people were charged with assaulting emergency staff, with many relating to police officers being coughed, spat at or bitten, or hit with...

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