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Dow, S&P 500 Ride Tech Glory to Records as Markets Eye Stimulus Injection By Investing.com

By Yasin Ebrahim Investing.com – The S&P and Dow hit record highs on Thursday, powered by a rally in tech stocks and another round of stimulus that investors anticipate will find its way to stocks, keeping the liquidity-driven rally alive.   The Dow Jones Industrial Average rose 0.58%, or 188 points, to a closing record of 32,485.59, the S&P 500 rose 1.44% to close...

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Ireland’s Davy Stockbrokers puts itself up for sale By Reuters

DUBLIN (Reuters) - Ireland's Davy Stockbrokers, which is grappling with the fallout from a record central bank fine, has decided to put itself up for sale, the firm said on Thursday. Ireland's largest stockbroker, Davy was fined last week after an inquiry into 16 of its staff who the regulator alleged sought to profit in 2014 by taking the opposite side of...

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Twitter aims to make live audio feature ‘Spaces’ available globally by April By Reuters

(Reuters) - Twitter Inc (NYSE:TWTR) is aiming to make its live audio feature available to all its users by April, a spokeswoman for the micro-blogging site said on Thursday. Twitter's Spaces competes with Clubhouse, which is an invite-only audio-based social network startup that shot to fame after appearances from tech celebrities Elon Musk and Mark Zuckerberg. In late February,...

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Asian stocks set for gains as bond yields dip By Reuters

By Matt Scuffham NEW YORK (Reuters) - Asian stocks were set for a strong start on Friday, following firm overnight leads from Wall Street and Europe as a further retreat in bond yields eased concerns about rampant inflation, restoring appetite for battered tech stocks. Euro zone bond yields fell after the European Central Bank said it was ready to accelerate money-printing to...

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Wales begins slow easing of COVID lockdown rules By Reuters

LONDON (Reuters) - Wales will begin the slow relaxation of COVID lockdown rules on Saturday, allowing up to four people to meet outdoors and starting a return to school for most children, its government said on Friday. Different parts of Britain set their own lockdown rules, and Wales with a population of just over 3 million has seen some of the toughest...

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Only half of money promised to struggling English arts sector paid so far – watchdog By Reuters

By Michael Holden LONDON (Reuters) - England's arts and cultural sector has so far received less than half of the one billion pounds ($1.4 billion) promised by the British government to help it cope with the COVID-19 pandemic, parliament's spending watchdog said on Friday. Museums, galleries, cinemas, nightclubs, theatres and other arts venues were all forced to close last March because of...

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Exclusive: Database company Couchbase files for IPO – sources By Reuters

By Anirban Sen and Krystal Hu (Reuters) - Database software firm Couchbase Inc has registered for a stock market debut that could come in the first half of this year and value it at as much as $3 billion, according to people familiar with the matter. The company has achieved more than $100 million in annual revenue, one the sources said. The...

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Motor insurance claims fall 19% in 2020 as drivers stay off road By Reuters

(Reuters) - Motor insurance claims in Britain fell 19% in 2020 and rates stayed at a four-year low, as people undertook fewer journeys due to the COVID-19 pandemic, the Association of British Insurers said on Friday. British motor insurers have benefited from the restriction of movement implemented to contain the spread of the coronavirus, with Admiral Group (LON:ADML) and Direct...

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NHS workers, Osaka and Westwood among women honoured at Glamour Awards By Reuters

LONDON (Reuters) - Frontline workers for Britain's National Health Service, tennis player Naomi Osaka and designer Vivienne Westwood were among those honoured at the Glamour Women of the Year Awards on Thursday, in a virtual event which paid tribute to those who have sought to incite change. Hosted by comedian Katherine Ryan and...

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