(Reuters) - HSBC Holdings Plc (LON:HSBA) is considering a complete exit from retail banking in the United States after narrowing the options for how to improve performance at its struggling North America business, the Financial Times reported on Saturday, citing people familiar with the situation. https://on.ft.com/37j4470 ...
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LONDON (Reuters) - Face-to-face negotiations between Britain and the European Union over a trade deal restarted on Saturday, in a last-ditch attempt to find agreement with just five weeks to go before their current relationship ends. EU negotiator Michel Barnier arrived for talks in London on Saturday morning. He said on Friday...
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FRANKFURT (Reuters) - The European Central Bank expects prices in the euro zone to keep falling this year and rebound more slowly in 2021 than it previously thought even as the prospect of a coronavirus vaccine boosts the growth outlook, ECB vice president Luis de Guindos said in an interview published on Saturday. The ECB is due to unveil its new projections...
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LONDON (Reuters) - Hospitals in England risk being overwhelmed if lawmakers do not support the government's new plan for restrictions, Cabinet Office minister Michael Gove said on Saturday. More than 20 million people across large swathes of England will be forced to live under the toughest category of COVID-19 restrictions when a...
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By Geoffrey Smith Investing.com -- U.S. stock markets drifted higher early Friday in holiday-thinned trend, continuing to look through the short-term pain of the pandemic a day after the number of people nationwide with the Covid-19 virus topped 90,000 for the first time. By 9:40 AM ET (1440 GMT), the Dow Jones Industrial Average was up 110 points or 0.4% at 29,982 points....
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(Reuters) - British men's wear retailer Moss Bros said on Friday it would propose the launch of a company voluntary arrangement as it was severely impacted by coronavirus-induced lockdown measures. The company, which has 800 employees, said its formal wear has been particularly hit due to the cancellation of weddings, school proms and occasions including Royal Ascot. ...
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By Christiana Sciaudone Investing.com -- Tesla (NASDAQ:TSLA) has surpassed Berkshire Hathaway (NYSE:BRKa) in market cap and now ranks behind just the behemoths of tech like Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL) and Facebook (NASDAQ:FB). The stock is up more than 600% year-to-date and the market cap stands at about $564 million. All of that excitement has made founder Elon Musk the...
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(Reuters) - Tesla Inc Chief Executive Officer Elon Musk said on Friday there will probably be a wider roll out of a new "Full Self Driving" software update in two weeks. In October, Tesla released a beta, or test version, of what it calls a "Full Self Driving" software upgrade to an undisclosed number of "expert, careful" drivers. "Probably going to a...
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(Bloomberg) -- China will impose anti-dumping deposits on Australian wine from this weekend, in the latest sign of deteriorating trade tensions between the two nations. The anti-dumping deposits will take effect Nov. 28 and range from 107.1 to 212.1%, the Chinese Ministry of Commerce said in a statement Friday. Australia is the world’s most...
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Investing.com – U.K. equities were lower at the close on Friday, as losses in the Oil Equipment Services & Distribution, Real Estate and Real Estate Investment Trusts REITs sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 declined 0.08%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Carnival PLC (LON:CCL), which...
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