By Conor Humphries and Jan Strupczewski DUBLIN/BRUSSELS (Reuters) - Ireland on Thursday called on the European Union and Britain to dial down the rhetoric in a blame game over post-Brexit trade frictions after Brussels rejected most of London's demands for easier trade with Northern Ireland. Britain has sought to extract concessions from the...
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By Huw Jones LONDON (Reuters) - Global market regulators have thrown their weight behind plans for a new international standards body for company disclosures on climate risks and sustainability, saying it would cut the scope for so-called greenwashing. The current patchwork of voluntary public and private initiatives for disclosures have at times given misleading and inconsistent information to investors, said Ashley Alder,...
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(Bloomberg) -- Pot stocks extended their record-setting rally to a fourth day Thursday as Reddit-inspired traders continued to pump up the sector to multiyear highs. Sundial Growers (NASDAQ:SNDL) Inc. led the pack, surging 49% premarket to add to its 161% gain over the first three trading days of the week. FSD Pharma Inc. rose 21%, Organigram Holdings Inc. added 25%, Aurora Cannabis (NYSE:ACB)...
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By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Thursday, February 11th. Please refresh for updates. Uber (NYSE:UBER) stock fell 1.9% despite the company posting a narrower loss as its ride-hail and delivery businesses rebounded slightly from pandemic lows. It added it was well on track to reach its goal of achieving an adjusted profit by year-end. However,...
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By Alex Lawler LONDON (Reuters) - World oil demand in 2021 will rebound more slowly than previously thought, OPEC said on Thursday, adding to a series of downgrades as the impact of the pandemic lingers. Demand will rise by 5.79 million barrels per day (bpd) this year to 96.05 million bpd, the Organization of the Petroleum Exporting Countries said in a monthly...
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By Geoffrey Smith Investing.com -- Jerome Powell's keynote speech supports Treasuries and stocks and keeps a lid on the dollar. The U.S. and Chinese presidents have their first phone call, while OPEC and the IEA release their monthly updates on the world oil market. Here's what you need to know in financial markets on Thursday, February 11th. 1. Powell Speech Treasury bond...
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Kraft Heinz (NASDAQ:KHC) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Kraft Heinz announced earnings per share of $0.8 on revenue of $6.94B. Analysts polled by Investing.com anticipated EPS of $0.734 on revenue of $6.82B. Kraft Heinz shares are down 2% from the beginning of the year and are trading at $33.89...
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(Bloomberg) -- The Istanbul stock exchange will provide as much as $9,900 of financial support to brokerages for analyst coverage on smaller listed companies in a bid to boost financial literacy among the burgeoning ranks of Turkish retail investors. Borsa Istanbul will reduce brokerages’ monthly membership fees by 10,000 liras ($1,420) for each report...
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By Huw Jones LONDON (Reuters) - More than 40 percent of Britons are struggling financially or suffering poor health, a sharp increase from last year driven by the COVID-19 pandemic, Britain's Financial Conduct Authority said on Thursday. The FCA said there are now 27.7 million adults in Britain affected by low financial resilience,...
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Investing.com – India equities were higher at the close on Thursday, as gains in the Oil & Gas, Metals and Fast Moving Consumer Goods sectors propelled shares higher. At the close in NSE, the Nifty 50 gained 0.44% to hit a new all time high, while the BSE Sensex 30 index added 0.43%. The biggest gainers of the session on the...
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