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Britons turn positive on UK pandemic response, firms more upbeat – polls By Reuters

LONDON (Reuters) - People in Britain have turned positive about the government's handling of the coronavirus crisis and companies are also more optimistic, according to three surveys published on Thursday. Kantar Public said more people in Britain supported the government's response to the pandemic than were critical for the first time since May last year. Its March poll showed 48% of people...

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Covid Will No Longer Get Between You and Your Calvin Kleins By Investing.com

By Christiana Sciaudone Investing.com -- The owner of Calvin Klein and Tommy Hilfiger rose 5% with a largely rosy outlook for 2021. PVH Corp (NYSE:PVH). said it expects international businesses to exceed 2019 pre-pandemic revenue levels in the first half of the year as it cuts its global workforce and real estate footprint, which should result in an improvement for gross margins.The company...

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Exclusive: Top investors to call for improved working conditions in care homes By Reuters

By Elizabeth Howcroft LONDON (Reuters) - A group of investors managing a collective $3 trillion in assets will call on operators of nursing homes to improve pay and working standards for care workers, noting the "devastating outcomes" of the COVID-19 pandemic on the industry. Aviva (LON:AV) Investors and BMO Global Asset Management are among the more than 90 investors which...

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Asian shares set to edge up, after Wall Street tech rally By Reuters

By Alwyn Scott NEW YORK (Reuters) - Asian stocks were set to edge higher early on Thursday after big tech rallied on Wall Street and as President Joe Biden announced a multi-trillion-dollar infrastructure investment plan. The dollar, meanwhile, hit a one-year high against the yen and multi-month peaks with other currencies as investors...

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Microsoft Pops on $22 Billion U.S. Army Contract By Investing.com

By Christiana Sciaudone Investing.com --  Microsoft (NASDAQ:MSFT) popped 3% after saying it won a U.S. Army contract worth up to almost $22 billion over 10 years, CNBC reported. Microsoft will build more than 120,000 custom HoloLens augmented-reality headsets, which cost $3,500 each for a standard-issue version, a Microsoft spokesperson told CNBC.  In 2018, Microsoft got a $480 million contract for prototypes of the...

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Defence tells Canada court that Huawei CFO’s arrest was legal, but not her detainment By Reuters

By Moira Warburton and Sarah Berman VANCOUVER (Reuters) - Huawei Chief Financial Officer Meng Wanzhou’s arrest was valid, but her ongoing detainment is illegal, defence lawyers told a Canadian court on Wednesday, in a slight deviation from China’s official stance on the case. Meng, 49, was arrested in December 2018 at Vancouver International Airport on a warrant from the United States, where...

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U.S. FAA approves design of 737 MAX 8200 variant By Reuters

By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration (FAA) said on Wednesday it had approved the design for the Boeing 737-8200, part of the Boeing (NYSE:BA) 737 MAX series, a necessary step before the U.S. planemaker can begin delivering the airplanes to Ryanair. The FAA said the 737-8200 incorporates all of the design improvements that were part the 20-month review of the 737 MAX...

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Exclusive: World Bank revises climate policy but stops short of halting fossil fuel funding By Reuters

By Valerie Volcovici, Andrea Shalal and Kate Abnett WASHINGTON/BRUSSELS (Reuters) - A revised World Bank policy on climate change commits to making financing decisions in line with efforts to limit global warming, but stops short of promising to halt funding of fossil fuels, according to a draft bank presentation seen by Reuters. The...

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Infrastructure Week, Jobless Claims, Oil: 3 Things to Watch By Investing.com

By Liz Moyer Investing.com -- Tech stocks were back in play on Wednesday, shrugging off concerns about rising interest rates as the government prepares to flood the market with a fresh round of spending, this time on infrastructure. The S&P 500 is close to piercing the historic 4,000 mark, and Nasdaq surged.  Economic data supports the reopening trade and fuels investor optimism, which is...

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