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UPDATE 2-Sterling slips to one-month low versus dollar
  + stars: | 2021-06-15 | by ( Elizabeth Howcroft | ) www.reuters.com + 0.00   time to read: +2 min
Currency markets were generally quiet before the U.S. Federal Reserve meeting, which ends on Wednesday. But the pound slid gradually during the morning session, reaching as low as $1.4035 at 1149 GMT - its lowest in one month. “Sterling’s bearish bias has been in place over the past week or so as it toyed with breaking below 1.41 against the dollar,” he said. Sterling rallied at the start of the year, boosted by Britain’s early start to its COVID-19 vaccine roll-out. Juckes also said he was bullish on the pound versus the dollar, but that it would take substantial news to push the pair significantly higher.
Persons: Sterling, Simon Harvey, , Britain’s, “ We’ve, , Kit Juckes, Juckes, payrolls, Elizabeth Howcroft, Mark Heinrich, Timothy Heritage Organizations: LONDON, U.S . Federal Reserve, Monex, , Societe Generale Locations: Britain, COVID, Monex Europe
A leaf sits on top of a pile of coal in Youngstown, Ohio, U.S., September 30, 2020. REUTERS/Shannon Stapleton/File PhotoLegal & General Investment Management, Britain’s biggest asset manager, said on Tuesday it would drop four companies from a number of its funds over their “insufficient” response to the challenge of climate change, including U.S. insurer AIG (AIG.N). The exclusions follow a commitment by LGIM in October to expand the number of companies it engages with over climate change to 1,000 from 100. During the current season for annual general meetings, LGIM said 130 companies would face votes against for not meeting its minimum climate change standards, mostly in the banking, insurance, real estate, tech and telecoms sectors. As global policymakers gear up for the latest round of climate talks in Glasgow later this year, LGIM Chief Executive Michelle Scrimgeour said asset managers also needed to step up.
Persons: Shannon Stapleton, LGIM, We've, Yasmine Svan, Michelle Scrimgeour Organizations: REUTERS, General Investment Management, AIG, Industrial, Commercial Bank of China, PPL Corporation, China, HK, Exxon Mobil, Korea Electric Power Corporation, LGIM, Thomson Locations: Youngstown , Ohio, U.S, LGIM, Glasgow
NEW YORK (Reuters) - Oil prices ended mostly unchanged on Monday, after hitting their highest levels in more than two years, as growing U.S. crude production and Britain’s delayed COVID-19 reopening dampened expectations for fuel demand growth and tighter supplies. FILE PHOTO: The moon rises behind the storage tanks of a local oil refinery in Omsk, Russia June 5, 2020. U.S. West Texas Intermediate fell 3 cents to settle at $70.88 a barrel, after earlier touching $71.78 a barrel, its highest since October 2018. Graphic: Oil Demand/Supply balance -Heavy maintenance seasons in Canada and the North Sea also have helped prices, said Rystad Energy analyst Louise Dickson. The firm estimates about 330,000 bpd of oil and condensate supply is offline at Canada oil sands projects, along with another 370,000 bpd offline in the North Sea.
Persons: Britain’s, Alexey Malgavko, , , Phil Flynn, ” Brent, Louise Dickson Organizations: YORK, REUTERS, U.S . Energy Information Administration, Price Futures Group, . West Texas Intermediate, International Energy Agency, IEA, Organization of, Petroleum, Rystad Energy Locations: Omsk, Russia, Chicago, OPEC, North America, Europe, Britain, Canada, North
Britain’s Raab says EU should stop treating N.Ireland as ‘separate country’
  + stars: | 2021-06-13 | by ( ) www.reuters.com sentiment -1.00   time to read: +2 min
A 'No hard Border' poster is seen below a road sign on the Irish side of the border between Ireland and Northern Ireland near Bridgend, Ireland October 16, 2019. REUTERS/Phil NobleBritish foreign minister Dominic Raab criticised the European Union on Sunday for treating Northern Ireland as if it were a separate country rather than part of the United Kingdom, and said that approach was causing damage to the British province. "Various EU figures here in Carbis Bay, but frankly for months now and years, have characterised Northern Ireland as somehow a separate country and that is wrong. It is a failure to understand the facts," he told the BBC's Andrew Marr programme. Asked if Britain and the EU were heading for a trade war, Raab said the bloc needed to allow the free flow of trade between Britain and Northern Ireland.
Persons: Phil Noble, Dominic Raab, Andrew Marr, Raab, Emmanuel Macron, Boris Johnson, " Raab, Macron Organizations: REUTERS, European Union, Northern, Britain's Telegraph, British, Group, EU, Thomson Locations: Ireland, Northern, Bridgend, Phil Noble British, European, Northern Ireland, United Kingdom, British, Carbis Bay, Britain, England, Catalonia, Barcelona, Corsica, France, EU
Biden says Queen Elizabeth asked about Putin and Xi
  + stars: | 2021-06-13 | by ( ) www.reuters.com + 0.00   time to read: +3 min
U.S. President Joe Biden said Britain’s Queen Elizabeth reminded him of his mother and that she had asked about China’s Xi Jinping and Russia’s Vladimir Putin as they had tea at Windsor Castle on Sunday. Anyway, she was very gracious," said the president who confirmed he had invited the monarch to the White House. 1/7 U.S. President Joe Biden and first lady Jill Biden walk next to Britain's Queen Elizabeth, at Windsor Castle in Windsor, Britain, June 13, 2021. REUTERS/Dylan Martinez Read MoreThe queen had already met the Bidens on their visit to Britain. Ahead of that, Jill Biden said they had been looking forward to meeting the queen and that it was an exciting part of the visit for them.
Persons: Joe Biden, Britain’s Queen Elizabeth, Xi, Russia’s Vladimir Putin, Biden, Putin, that's, Mr Putin, Xi Jinping, Jill, Jill Biden, Queen Elizabeth, Dylan Martinez Read, George W, Bush, Elizabeth, Lyndon Johnson, Prince Philip, Philip Organizations: Sunday, Seven, Battalion Grenadier Guards, U.S, National, House, REUTERS, Thomson Locations: Windsor, China, London, Britain, English, Cornwall, U.S
The European Union told British Prime Minister Boris Johnson on Saturday that he must implement the Brexit deal that he signed to ensure the delicate peace in Northern Ireland and that the 27-member bloc was completely unified on that position. "There is complete EU unity on this," she said, adding that the deal had been agreed, signed and ratified by both Johnson's government and the EU. The 1998 peace deal largely brought an end to the "Troubles" - three decades of conflict between Irish Catholic nationalist militants and pro-British Protestant "loyalist" paramilitaries in which 3,600 people were killed. French President Emmanuel Macron offered to reset relations with Britain as long as Johnson stands by the Brexit deal. The pro-British "unionist" community in Northern Ireland province say they are now split off from the rest of the United Kingdom and that the Brexit deal that Johnson signed therefore breaches the 1998 peace deal.
Persons: Boris Johnson, Johnson, Ursula von der Leyen, Charles Michel, BREXIT, Peter Nicholls, Brexit, Emmanuel Macron, Angela Merkel, Joe Biden Organizations: European Union, British, United, Northern, European, EU, Irish Catholic, REUTERS, Group, Ireland, Washington, Thomson Locations: Northern Ireland, United States, London, Brussels, United, Ireland, Carbis Bay, Cornwall, Britain, Carbis, United Kingdom, British
Flying taxis could poach passengers from planes, Avolon says
  + stars: | 2021-06-11 | by ( Tim Hepher | ) www.reuters.com + 0.00   time to read: +3 min
Commercial air travel already faces competition from high-speed trains in parts of the world. But the head of Irish aircraft leasing firm Avolon said competition would shift skywards as it invested up to $2 billion in aerial shuttles. Asked if the vehicles for four passengers and a pilot could take business from much larger commercial planes, Slattery said, "Eventually, yes of course. Avolon has placed a firm order for 310 eVTOLs worth $1.25 billion and 190 options worth $750 million, Slattery said. Slattery said Avolon had not decided how to deploy the air taxis, whose relatively short product development cycles mark a shift for leasing companies used to long-term jet investments.
Persons: Avolon, Domhnal Slattery, Slattery Organizations: REUTERS Airbus, Boeing, Britain’s, Aerospace, Helicopter, Thomson Locations: Munich, Germany, Handout, Vertical's
The Small Business Administration has overhauled a program meant to help music clubs, movie theaters and other venues. More than six weeks after the long-delayed program started taking applications, 14,000 businesses have applied for a Shuttered Venue Operators Grant. An operator at her local office was friendly but said: “I think you’re being spammed or scammed,” Ms. Tee recalled. If a company has the same employee identification number as a dead person, the agency flagged that application as flawed. spokeswoman, said the agency was working to clear up the problem and move applications forward.
Persons: Patrick Kelley, Carol Wilkerson, Greg Stanton, Isabella Casillas Guzman, , , Tracey Tee, Tee, Ms, , Wilkerson, Kelley Organizations: The, Business Administration, Disaster, Arizona Democrat, Entertainment, Mothers Media, Social Security Administration, Social Locations: Los Angeles, Arizona
Sports retailer SPAC powers M&A cycle
  + stars: | 2021-06-11 | by ( ) www.reuters.com sentiment -0.99   time to read: +1 min
SSU owns e-commerce and technology brands for sports like cycling and tennis. At 2 times expected sales in the year to September 2021, the valuation is cheap compared to Britain’s THG (THG.L), which has a similar model for cosmetics and trades at almost 3 times forward sales, according to Refinitiv. SPAC sponsor Ron Burkle, who began his career in a grocery store, gets arguably the best deal. He ends up with stock worth $150 million having invested just a third of that. And SSU gets a dollop of cash to fuel its M&A cycle: on Friday it said it was buying online bike retailer WiggleCRC from Bridgepoint, which also receives shares in the new outfit.
Persons: Britain’s, Ron Burkle, it’s, Afanasieva Organizations: Cycling, UCI, Sky, Signa Sports, SSU, Big Tech Locations: Tirol, Austria, Bridgepoint, France
Britain’s economic recovery continues as lockdowns end.
  + stars: | 2021-06-11 | by ( Eshe Nelson | ) www.nytimes.com + 0.00   time to read: +13 min
Britain’s economic recovery continues as lockdowns end. The British economy grew 2.3 percent in April from the month before, the third consecutive month of growth. At the end of April, the British economy was 3.7 percent smaller than it was before the pandemic. The economic impact of a delay “would be minor,” said analysts at Berenberg bank. And their pay jumped 14.1 percent last year compared with 2019, while median workers got only a 1.9 percent raise.
Persons: Mary Turner, Boris Johnson, , Pandora, Read, aren’t, “ We’re, Jim Jaye of Sherwin, Williams, Didi Chuxing, Didi, Kuaidi, Uber, Xiaoju Kuaizhi, Cheng Wei, Jean Liu, , Chris Pizzello, Patrick Kelley, Carol Wilkerson, Greg Stanton, Isabella Casillas Guzman, , Tracey Tee, Tee, Ms, Wilkerson, Kelley, Stacy Cowley, Peter Eavis, Sarah Anderson, Madden, Sims, “ We’ve Organizations: The New York Times, Federal Reserve, Renault, West Texas Intermediate, The, Business Administration, Associated, Small Business Administration, Disaster, Arizona Democrat, Entertainment, Mothers Media, Social Security Administration, Social, The Times, Institute for Policy Studies, Electronic Arts, FIFA Locations: London, The New York Times Britain, British, Berenberg, Britain, U.S, United States, Europe, French, Danish, China, Beijing, Brazil, Mexico, Japan, Abu Dhabi, Latin America, Russia, South Africa, Los Angeles, Arizona, FIFA
LONDON (Reuters) -Britain’s Prince Charles hosted a meeting of bosses from some of the world’s leading companies on Thursday, telling them business and private sector finance were essential to solving the climate crisis a day before their meeting with G7 leaders. “We do have, I think, a potentially game-changing opportunity to drive forward the partnerships between government, business and private sector finance that are absolutely vital if we are to win the battle to combat climate change and biodiversity loss,” Charles said. Their number included the chief executives from Bank of America, AstraZeneca, HSBC, Nat West and Heathrow Airport. Also present were John Kerry, the U.S. climate envoy, and Britain’s COP26 President Aloe Sharma. At that meeting, business leaders will put forward three initiatives to help accelerate investment in low-carbon, sustainable projects, and promote innovative schemes to help meet climate change goals.
Persons: Britain’s Prince Charles, Charles, ” Charles, , John Kerry, Britain’s, Aloe Sharma, Pascal Soriot, I’m, Prince, Boris Johnson Organizations: ‘ Coalition, Markets Initiative, Bank of America, AstraZeneca, HSBC, Nat, Heathrow Airport Locations: James’s, London, U.S, Cornwall, England, Wales, British
Britain's Prince Charles gestures during a visit to Somerville College in Oxford as it celebrates its 140th anniversary and marks 100 years of Oxford degrees for women, in Oxford, Britain June 8, 2021. Jacob King/PA Wire/Pool via REUTERSLONDON (Reuters) - Britain’s Prince Charles will host a meeting of bosses from some of the world’s leading companies on Thursday as part of his campaign to promote a sustainable economic future and ahead of their meeting with G7 leaders, his office said. Also joining the meeting will be John Kerry, the U.S. climate envoy, and Britain’s COP26 President Alok Sharma. It comes a day before the chief executives hold their first official face-to-face meeting with G7 leaders, who are gathering in Cornwall, southwest England, with a focus on building a sustainable future, the prince’s office said. At that meeting, business leaders will put forward three initiatives to help accelerate investment in low-carbon, sustainable projects, and promote innovative schemes to help meet climate change goals.
Persons: Britain's, Charles, Jacob King, Britain’s Prince Charles, ” Charles, , John Kerry, Britain’s, Alok Sharma, I’m, Prince, Boris Johnson Organizations: Somerville College, Oxford, REUTERS LONDON, Bank of America, AstraZeneca, HSBC, NatWest, Heathrow Airport, ‘ Coalition, Markets Initiative Locations: Oxford, Britain, James’s, London, U.S, Cornwall, England, Wales, British
LONDON/PARIS (Reuters) -Billionaire Patrick Drahi’s Altice Group has bought a 12.1% stake worth about 2.2 billion pounds ($3.1 billion) in Britain’s BT Group, becoming its largest shareholder. “Altice holds the board and management team of BT in high regard and is supportive of their strategy,” Altice UK, a company formed for the purpose of holding the BT stake, said. The stake puts Altice ahead of Deutsche Telekom, which owned 12.06% of BT based on recent filings, Refinitiv data shows. “Altice UK has informed the BT board that it does not intend to make a takeover offer for BT,” it added. We are making good progress in delivering our strategy and plan,” BT said in a statement following Altice UK’s announcement.
Persons: Patrick Drahi’s, Altice, “ Altice, , , Drahi Organizations: Britain’s BT Group, SFR, BT, Deutsche Telekom, “ Altice, Britain’s, ” BT, Vivendi Locations: PARIS, France, Orange, Switzerland, United States, Israel, U.S
REUTERS/Rafael Marchante/File PhotoDrahi’s newly-created vehicle Altice UK announced the holding in a statement on Thursday which drove BT’s shares to a 17-month high. Altice UK is owned by Next Alt, dealmaker Drahi’s private holding, which also controls SFR, the second largest telecoms operator in France behind Orange. “Altice holds the board and management team of BT in high regard and is supportive of their strategy,” Altice UK, a company formed for the purpose of holding the BT stake, said. “Altice UK has informed the BT board that it does not intend to make a takeover offer for BT,” it added. Altice UK has ruled itself out of making a full takeover offer for six months by virtue of its statement.
Persons: Patrick Drahi, Rafael Marchante, “ Altice, , , Jefferies, Altice, Drahi, Morgan Stanley Organizations: BT Group, REUTERS, SFR, Orange, BT, “ Altice, Britain’s, Deutsche Telekom, Vivendi Locations: PARIS, Lisbon, Portugal, France, British, Spain, Switzerland, United States, Israel, Europe, Dominican Republic, U.S
Altice takes 12% stake in BT, no takeover offer plans
  + stars: | 2021-06-10 | by ( Reuters Staff | ) www.reuters.com + 1.00   time to read: +1 min
(Reuters) - Patrick Drahi’s Altice Group said on Thursday that it had taken a 12.1% stake in Britain’s BT Group becoming its largest shareholder. Slideshow ( 2 images )“Altice holds the Board and Management team of BT in high regard and is supportive of their strategy,” Altice UK, a company formed for the purpose of holding the BT stake, said in a statement. “Altice UK has informed the BT Board that it does not intend to make a takeover offer for BT.”The stake was worth about 2.2 billion pounds based on BT’s closing price on Wednesday. BT said it noted Altice’s announcement and its statement of support for its management and strategy. “We welcome all investors who recognise the long-term value of our business and the important role it plays in the UK,” BT said.
Persons: Patrick Drahi’s Altice, “ Altice, , Organizations: Reuters, BT Group, Management, BT, “ Altice, BT Board, Britain’s, ” BT, Orange Locations: SFR, France
Mr. Biden and Mr. Johnson are expected to announce what is being billed as a renewal of the Atlantic Charter — the declaration of post-war cooperation that Prime Minister Winston Churchill and President Franklin D. Roosevelt laid out in 1941 during World War II. Mr. Biden opposed Britain’s drive leave the European Union, a push that Mr. Johnson helped lead. Mr. Biden and Mr. Johnson will meet on Thursday afternoon at Carbis Bay in Cornwall, before Friday’s meeting of Group of 7 leading industrial nations. Mildenhall, he called his weeklong diplomatic overture “essential,” saying that no nation acting alone could meet the world’s challenges. Mr. Biden also cast his trip in broader terms as an effort to rally the United States and its allies in an existential struggle between democracy and autocracy.
Persons: Biden, Boris Johnson, , , Jill Biden, Doug Mills, Donald J, Trump, Mr, Johnson, Winston Churchill, Franklin D, Roosevelt, Britain’s, , Jake Sullivan, Queen Elizabeth II, Vladimir V, Putin, ” Mr Organizations: Cornwall Airport Newquay, ., New York Times, United, Atlantic, European Union, White House, Air Force, NATO, Mr Locations: Britain, United States, Northern Ireland, United Kingdom, Carbis, Cornwall, Russia, Europe, R.A.F, Mildenhall, China
Northern Ireland shares a border with EU member Ireland. Ireland hailed Biden's intervention while European Commision President Ursula von der Leyen warned Johnson against taking any more unilateral steps to undermine the Brexit deal. REUTERS/Kevin Lamarque Read MoreThe 1998 peace deal largely brought an end to the "Troubles" - three decades of conflict between Irish Catholic nationalist militants and pro-British Protestant "loyalist" paramilitaries that killed 3,600 people. Biden, who is proud of his Irish heritage, will make a statement of principle about the importance of that peace deal, Sullivan said. Pro-British unionists say the Brexit deal that Johnson signed contravenes the 1998 peace deal and London has said the protocol is unsustainable in its current form after supplies of everyday goods to Northern Ireland were disrupted.
Persons: Joe Biden, Boris Johnson, Biden, Johnson, Vladimir Putin, Donald Trump's, Jake Sullivan, Sullivan, Carrie, Yael Lempert, Ursula von der Leyen, Jill Biden, Kevin Lamarque Read, He’s, contravenes, Winston Churchill, Churchill, Franklin D, Roosevelt Organizations: British, European Union, NATO, House, Air Force, United Kingdom . Northern Ireland, EU, Ireland, Times, European, Mildenhall, REUTERS, Irish Catholic, Britain, Northern, United, Airbus, Boeing, Pfizer, Thomson Locations: Northern Ireland, Carbis, U.S, Geneva, Europe, Asia, United States, Carbis Bay, European, United Kingdom . Northern, Britain, London, Mildenhall, European Union
GLOBAL MARKETS-Stocks hover near highs as bond yields dip
  + stars: | 2021-06-09 | by ( Herbert Lash | Tom Arnold | ) www.reuters.com + 0.00   time to read: +5 min
The yield on benchmark 10-year U.S. Treasury notes fell 3.2 basis points to 1.4958%, down from 1.528% late on Tuesday. Yields plunged as traders in part were forced to unwind short positions in Treasuries, said Joe LaVorgna, chief economist of the Americas at Natixis. MSCI’s all-country world index, a U.S.-centric benchmark for global equity markets, rose 0.01% to 717.04, down a little more than 1 point from a record peak on Tuesday. “I therefore see potential for a higher print to push real yields and shorter-dated yields higher, thus flattening the curve and boosting the dollar,” Athey said. The dollar held at the lower end of recent gains, with the U.S. dollar index down slightly at 90.031.
Persons: Joe, Sebastien Galy, Joe LaVorgna, , Biden, ” LaVorgna, MSCI’s, , Naokazu Koshimizu, James Athey, ” Athey Organizations: Democratic, Nordea Asset Management, Treasury, Dow Jones, Nasdaq, European Central Bank, Britain’s FTSE, Nikkei, Nomura Securities, Federal Reserve, Aberdeen Standard Investments, U.S, Deutsche, Brent Locations: U.S, Treasuries, Natixis, Europe, Asia, Pacific, Japan, China, Beijing
MSCI’s all-country world index last stood at 716.41, after hitting an intraday high of 718.19 on Tuesday. Thursday’s U.S. consumer price data is expected to show the overall annual inflation rate rose to 4.7% and core inflation increased to 3.4%. “I therefore see potential for a higher print to push real yields and shorter dated yields higher thus flattening the curve and boosting the dollar. The dollar held at the lower end of recent gains, with the U.S. dollar index parked at 90.005. Deutsche Bank’s Currency Volatility Index hit its lowest level since February 2020 on Tuesday, and sank even further on Wednesday.
Persons: , Naokazu Koshimizu, James Athey, Antony Blinken, Brent Organizations: Federal Reserve, European Central Bank, Britain’s FTSE, Japan, Nikkei, Nasdaq, Nomura Securities, Aberdeen Standard Investments, U.S, Deutsche Locations: U.S, Asia, Pacific, United States, China, Beijing, Greece, Portugal, Italy, Iran, Tehran
At 1115 GMT, sterling was up 0.1% versus the dollar, at $1.4171, having traded in a tight range since mid-May. Versus the euro, it was down less than 0.1% at 86.065 pence per euro. Brussels accuses London of breaking the agreement by failing to implement checks on some goods moving from Britain to Northern Ireland and has started legal action over the British government’s unilateral extension of a grace period. U.S. President Joe Biden departs on Wednesday for Britain where he will participate in the annual G7 summit. Foley said that market participants were likely to continue to “gloss over” the Northern Ireland trade situation, unless Biden weighs in on the issue or if there is the suggestion that a potential UK-U.S. trade deal could be at stake.
Persons: Britain’s, David Frost, Maros Sefcovic, , Jane Foley, Joe Biden, Boris Johnson, Foley, Biden, Elizabeth Howcroft, Mark Heinrich Organizations: Northern Ireland ., U.S, CPI, European Central Bank, Versus, Sterling, London, EU, Rabobank, Britain, British Locations: Northern Ireland, London, British, Ireland, Britain, EU
Videos of people standing still in a trance-like state have been used by social media users to suggest catatonia is a side-effect of COVID-19 vaccines. But most of the videos being shared pre-date the pandemic and there has been no clinical link found between vaccination and catatonia. Facebook users said these videos offered proof of a link between COVID-19 vaccinations and catatonia, a syndrome that can cause immobility. Videos shared online do not show people with catatonia after receiving a COVID-19 vaccine. There has so far been no clinical link found between COVID-19 vaccination and catatonia.
Persons: , Dr, Joseph Cooper, Cooper, COVID, , Read Organizations: Facebook, YouTube, Reuters, University of Illinois, Britain’s, Healthcare, Agency, Pfizer, Oxford, AstraZeneca Locations: United States, COVID, Chicago
Bond yields hit fresh 1-month low as taper bets recede
  + stars: | 2021-06-09 | by ( Tom Arnold | Hideyuki Sano | ) www.reuters.com + 0.00   time to read: +5 min
In Asia, the MSCI’s broadest index of Asia-Pacific shares outside Japan ticked down 0.3% and Japan’s Nikkei average shed 0.4%. Thursday’s U.S. consumer price data is expected to show the overall annual inflation rate rose to 4.7% and core inflation increased to 3.4%. “I therefore see potential for a higher print to push real yields and shorter dated yields higher thus flattening the curve and boosting the dollar. Deutsche Bank’s Currency Volatility Index hit its lowest level since February 2020 on Tuesday, and sank even further on Wednesday. With European bond markets calm, Greece followed Italy with a bond sale, opening books on Wednesday for a 10-year issue.
Persons: Kim Kyung, Germany’s, , Naokazu Koshimizu, James Athey, Antony Blinken, Brent Organizations: Federal Reserve, Tokyo Stock Exchange, REUTERS, European Central Bank, Britain’s FTSE, Japan, Nikkei, Nasdaq, Nomura Securities, Aberdeen Standard Investments, U.S, Deutsche Locations: TOKYO, U.S, Tokyo, Japan, Europe, Asia, Pacific, United States, China, Beijing, Greece, Italy, Iran, Tehran
Stocks hover near highs as bond yields dip
  + stars: | 2021-06-09 | by ( Herbert Lash | Tom Arnold | ) www.reuters.com + 0.00   time to read: +4 min
NEW YORK/LONDON (Reuters) - World stocks hovered near record highs and U.S. bond yields fell on Wednesday as some of U.S. President Joe Biden’s stimulus efforts appeared to be on the rocks, boosting the appeal of technology stocks as inflation pressures ease. The yield on benchmark 10-year U.S. Treasury notes fell 3.7 basis points to 1.4908%, down from 1.528% late on Tuesday. MSCI’s all-country world index, a U.S.-centric benchmark for global equity markets, fell 0.06% to 716.53, down a little more than 1 point from a record peak on Tuesday. The pan-regional STOXX Europe 600 index rose 0.1% to a new record close, but shy of all-time peak on Tuesday. CURRENCIES STEADYInflation data from China showed its producer price index jumped 9.0% from a year earlier, the highest in over 12 years, on surging commodity prices.
Persons: Joe, Brendan McDermid, Elizabeth MacDonough, Sebastien Galy, Joe LaVorgna, , Biden, ” LaVorgna, MSCI’s, Dennis Dick, ” Dick, Britain’s, IAG Organizations: New York Stock Exchange, REUTERS, Senate, Democratic, Nordea Asset Management, Treasury, Dow Jones, Nasdaq, Bright Trading, Apple, GameStop, European Central Bank, Britain’s FTSE, Air France KLM, Lufthansa, British Airways, U.S . Centers for Disease Control, Prevention, Nikkei, Thursday’s, U.S, Deutsche, Brent Locations: U.S, New York City, Treasuries, Natixis, Europe, Asia, Pacific, Japan, Thursday’s U.S, China, Beijing
Social media users suggested four African leaders who died in recent months were killed for opposing COVID-19 vaccinations for their citizens. The death was surrounded by rumors that COVID-19 could have been the cause ( here , here ). Britain’s BBC published an article with the headline "John Magufuli: The cautionary tale of the president who denied coronavirus" ( here ). According to The Guardian, Burundi authorities were accused of deliberately downplaying the threat of the coronavirus pandemic. There is no evidence that leaders of Tanzania, Ivory Coast, eSwatini and Burundi were killed for refusing to vaccinate their countries against COVID-19.
Persons: John Magufuli, Hamed Bakayoko, Ivory Coast’s, Ambrose Dlamini, Pierre Nkurunziza, SCEPTIC MAGUFULI, Samia Suluhu Hassan, Britain’s, coronavirus, Magafuli, COVID, BAKAYOKO, Al Jazeera, Alassane Ouattara, Amadou Gon Coulibaly, DLAMINI, Dlamini, Nkurunziza, Read Organizations: Britain’s BBC, BBC, IVORY, Al, Africa, World Health Organization, WHO, UNICEF, Reuters, International Labour Organization, Cinquantenaire, Twitter, Guardian, COVID Locations: Tanzania, Dar es, German, Freiburg, Ivory Coast, South Africa, COVID, Republic of Burundi, Karusi, Burundi, Nairobi, Kenya, eSwatini
Star of ‘I May Destroy You’ wins big at Britain’s BAFTA awards
  + stars: | 2021-06-06 | by ( Andy Bruce | ) www.reuters.com + 0.00   time to read: +3 min
Michaela Coel, the star and creator of drama series “I May Destroy You”, was the big winner at Britain’s BAFTA awards on Sunday, taking home the television awards for the miniseries and leading actress. Many nominees attended the awards in person at the London ceremony, with indoor gatherings now allowed in England following a partial lifting of COVID-19 lockdown rules. "Dear God we're going to have a party when I get back to England," James told the BAFTA awards via video link. Paul Mescal, a first-time nominee who starred in Irish drama series "Normal People", took the award for leading actor. “Gee Walker, thank you for having the bravery and the strength to ask Jimmy McGovern to write your son’s story - to celebrate the person that Anthony Walker should have been, and never was,” Ayola said in her acceptance speech.
Persons: Michaela Coel, Arabella, who's, Coel, Ita O'Brien, George Floyd, Ashley Banjo, Lennie James, we're, James, Paul Mescal, Malachi Kirby, Oscar, Steve McQueen, Rakie Ayola, Anthony, Jimmy McGovern, Anthony Walker, Ayola, Gee Walker, Anthony's, “ Gee Walker, ” Ayola Organizations: British Academy of Film, Television Arts, BAFTA, Thomson Locations: England, London, Liverpool
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