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Ant group says will strictly comply with all regulatory requirements

BEIJING (Reuters) - China's Ant Group on Thursday said it has received a meeting notice from regulators, and will strictly comply with all regulatory requirements. China's financial watchdogs including the central bank and banking and insurance regulator said will conduct regulatory talks with Ant Group within the next few days, while the country's market regulator on Thursday said it has...

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Asian stocks eye gains as Brexit deal hopes grow

By John McCrank NEW YORK (Reuters) - Asian shares were set to rise on Thursday ahead of the Christmas break, as global investors cheered a potential Brexit deal and economic recovery prospects, largely ignoring U.S. President Donald Trump's threat to veto a long-awaited COVID aid package. Australia's S&P/ASX 200 was up 0.78% in early trading, while {{178|Japan's NiNikkei 225 futures were up...

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BHP restarts operations at Samarco five years after Brazil dam disaster

(Reuters) - BHP Group Ltd said on Thursday it had met licensing requirements to restart operations and had begun iron ore pellet production at its Samarco joint venture with Brazil's Vale SA, five years after a deadly dam disaster. The restart of iron ore mining comes just as prices of the commodity have soared in recent weeks on expectation of bullish demand...

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Visa continues Pornhub ban, to allow card use on some of its parent’s sites

(Reuters) -Visa Inc said on Wednesday it would allow usage of its cards on Pornhub-owner MindGeek's platforms that host professionally produced adult studio content, but would continue to decline processing payments coming from Pornhub itself. Visa (NYSE:V) said its ban remains in effect for those websites that host user-generated content, the most popular being Pornhub, until an ongoing investigation was completed. "Following...

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Dow Ends Higher as Energy, Financials Shine; Tech Slips

By Yasin Ebrahim The Dow gave up some gains into the close but ended higher Wednesday as energy and financials climbed even as President Donald Trump's demands that Congress amend the stimulus bill threatened delays.   The Dow Jones Industrial Average rose 0.38%, or 114 points. The S&P 500 was up 0.07% while the Nasdaq Composite fell 0.29%. Trump said the $900 billion virus relief...

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Dow Flirts With Record Highs as Bulls Shrug off Stimulus Setback

By Yasin Ebrahim The Dow flirted with record-highs on Wednesday shrugging off a delay to roll out much-needed stimulus after President Donald Trump demanded that Congress amend the bill. The Dow Jones Industrial Average fell 0.85%, or 254 points to 30,269, within shooting distance of its all-time high of 30,343.59. The S&P 500 was up 0.60%, while the Nasdaq Composite rose 0.21%. Trump said...

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Canada shares higher at close of trade; S&P/TSX Composite up 0.48%

Investing.com – Canada equities were higher at the close on Wednesday, as gains in the Energy, Clean Technology and Consumer Discretionary sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite added 0.48%. The biggest gainers of the session on the S&P/TSX Composite were MEG Energy Corp (TSX:MEG), which rose 9.65% or 0.41 points to trade at...

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Economic Boost From Stimulus Seen as States and Cities’ Best Bet

(Bloomberg) -- The federal stimulus passed by Congress this week doesn’t include any direct cash to states and cities, leaving them to rely on the economic boost the aid package promises to fend off some of the deep spending cuts and budget shortfalls caused by the pandemic. That means the recovery for municipal governments will likely be felt unevenly, dragging into late 2021...

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