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Fauci says U.S. is on track to start vaccinating kids aged 5 to 11 by November, as FDA advisers prepare to meet on the matter
The U.S. is on track to start vaccinating children aged 5 to 11 by early to mid-November, Dr. Anthony Fauci…
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Fauci says U.S. is on track to start vaccinating kids aged 5 to 11 by November, as FDA advisers prepare to meet on the matter
The U.S. is on track to start vaccinating children aged 5 to 11 by early to mid-November, Dr. Anthony Fauci…
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An Ether futures ETF is next likely step after ProShares watershed bitcoin moment, a former SEC official explains
Hi there! Welcome to the fourth and final installment of Need to Know Crypto Edition, ahead of the launch of a…
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American Express sees continued spending recovery as earnings easily top expectations
American Express Co. topped earnings and revenue estimates Friday as the company benefited from an acceleration in spending and saw…
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Treasury pushes for risk disclosure, tighter credit checks in buy now, pay later market
The Treasury has laid a path for tighter regulation of the buy now pay later sector, as it recommends that lenders should…
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CDC approves expanded rollout of COVID-19 boosters
WASHINGTON — Millions more Americans can get a COVID-19 booster and choose a different company’s vaccine for that next shot,…
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CDC gathers to discuss which patient groups should get Moderna and J&J COVID-19 vaccine boosters, and Pfizer reports positive results from booster trial
There was a flurry of positive news on vaccine boosters Thursday, as the Centers for Disease Control and Prevention gathered…
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Zopa gains unicorn status as SoftBank leads $300m funding round
British digital bank Zopa is now a billion-dollar company, gaining the coveted unicorn title after raising $300m from major Japanese technology…
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UK has no plans for another lockdown as hopes pinned on new drug deal
The UK agreed to purchase two new treatments to combat Covid-19 as it continues to resist pressure to avoid a further wave of…
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Goldman Sachs teams up with American Express to take on transaction banking rivals
Goldman Sachs has teamed up with American Express for a technology upgrade to its nascent transaction banking business, as the…
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Advertising watchdog orders buy-now-pay-later firm to remove ads ahead of Treasury crackdown
The UK advertising watchdog has told a buy-now-pay-later credit firm to pull down adverts that don’t explain to consumers that its…
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Alibaba Jumps on Launch of Custom Chip
By Yi Wei Wong Hong Kong-listed shares of Alibaba Group Holding Ltd. are getting a boost from the launch of…
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U.S. industrial output dropped sharply in September
An earlier version misstated the last month when industrial output had a bigger decline. The drop is the biggest since…
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Investment advisers ‘extremely skeptical’ about first U.S. bitcoin ETF: ‘It’s a hard thing for RIAs to recommend an inferior’ crypto product
Happy Sunday! Welcome to the penultimate installment of Need to Know Crypto Edition, ahead of the launch of a new…
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Investec hires Credit Suisse’s head of European equity sales in US push
Credit Suisse’s former head of European equity sales in North America has been hired by mid-market investment bank Investec as…
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Would you eat a mac ‘n’ cheese sandwich? Panera Bread wants you to try one
Want some carbs with your carbs? That’s the essential proposition of Panera Bread’s recently unveiled Grilled Mac & Cheese Sandwich.…
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JPMorgan’s Jamie Dimon on when the shortage crisis will end, and why bitcoin is ‘worthless’
Daily headlines point to a shortage of goods all over the world, amid escalating fuel prices and limited supply. But…
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LG Electronics Sees 3Q Rev KRW18.785T Vs. KRW15.399T >066570.SE
By Kwanwoo Jun LG Electronics Inc. said it expects its third-quarter operating profit to plunge, as an additional cost for…
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Credit Suisse delays report into Greensill following police raid
Credit Suisse has delayed the release of findings from a report into the collapse of $10bn in investment funds it…
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Gina Miller unveils plan for True & Fair political party
Gina Miller, the prominent City investor who successfully challenged the UK government over its decision to trigger Article 50 without…
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Ex-Robinhood staffers start up a fintech
Several former employees of stock-trading platform Robinhood Markets are building a new fintech startup for small businesses. San Francisco-based Parafin,…
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Credit Suisse raided as part of police investigation into Greensill
Swiss police raided Credit Suisse Group offices last week, the bank said, as part of an investigation into collapsed finance…
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News that children could soon be eligible for Pfizer-BioNTech vaccine cheers parents, as Biden pushes vaccine requirements in Chicago
There was prospectively encouraging news for parents on Thursday when Pfizer and German partner BioNTech said they had submitted an…
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German Industrial Production Fell More than Expected in August on Supply Shortages
By Maria Martinez German industrial production declined in August much more than expected, amid widespread supply shortages, statistics office Destatis…
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Banks in dispute with Apple Pay over transaction fees
Banks rushed to work with the Apple Pay mobile wallet when it debuted in 2014. They have some regrets. When…
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Wise enters wealth management with BlackRock tie-up
British fintech firm Wise is launching its first foray into wealth management, allowing customers to invest the cash in their…
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Coinbase to suggest crypto rules framework to US regulators
Coinbase plans to publicly roll out a pitch on a proposed regulatory framework for cryptocurrencies to federal officials in the…
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IPO market braces for 14 deals this week — including payment processor Toast — unless Evergrande woes send issuers scurrying
The U.S. initial public offering market is bracing for another busy week, with 14 deals on tap, unless fears of…
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Here’s what JPMorgan’s new UK digital challenger is going to look like
JPMorgan is to launch its digital banking challenger brand Chase in the UK on 21 September, after years of secretive…
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Monzo launches buy now, pay later product in Klarna rivalry
Digital bank Monzo has launched its own buy-now-pay-later tool, entering the nascent credit market as rivals such as Klarna fall…
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Goldman acquires speciality lender GreenSky in $2.2bn deal
Goldman Sachs is buying speciality lender GreenSky Inc. for $2.2bn, striking a deal it hopes will further its reinvention from…
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Ex-Wise employees raise $10m to build Europe’s answer to Robinhood
Two former employees of British fintech firm Wise have raised $10m to fund Europe’s answer to Robinhood, bringing on board…
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Billionaire Cohen invests in cryptocurrency trading firm
Billionaire Steven A Cohen is set to invest in a new cryptocurrency trading firm, the latest bet on the digital-asset markets by…
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Tinder’s Jim Lanzone named chief executive at Apollo’s Yahoo
Apollo Global Management is naming Tinder chief executive Jim Lanzone the new CEO of Yahoo, the digital-media business it acquired…
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EasyJet: Rights Issue Will Help Restore Group’s Balance Sheet Position
By Anthony O. Goriainoff and Adam Clark EasyJet PLC said Thursday that it would launch a fully underwritten rights issue…
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Barclays hires Credit Suisse dealmaker as European push continues
Barclays has poached a senior dealmaker from Credit Suisse to lead its industrials mergers and acquisitions unit in Europe, as…
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Credit Suisse looks to recover Greensill losses through more insurance claims
Credit Suisse is looking to file additional insurance claims to recoup some of its losses after the collapse of supply…
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Stock pickers ride vaccine optimism to trounce passives with £1.3bn haul
Active equity funds continued their winning streak in August, gathering around 300 times more in new investor money compared to…
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Morgan Stanley launches recruitment programme to improve Black and gender diversity
Morgan Stanley has launched a new recruitment programme aimed at hiring more Black and female candidates with experience outside of…
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Revolut plans 2021 credit card launch in bid to crack US market
Revolut intends to launch a credit card for its US users as soon as the end of this year, as…
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Crypto will replace traditional currency in 10 years, City firms say
More than three quarters of UK financial services firms predict digital assets will replace fiat currencies in the next five…
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Peloton predicts a pause in its pandemic boom, and its stock is plunging
Peloton Interactive Inc. signaled Thursday that its pandemic boom will slow down, and the stock was pounded in late trading.…
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McDonald’s ran out of milkshakes in the U.K.
LONDON (AP) — McDonald’s MCD, +0.13% says it has pulled milkshakes from the menu in all 1,250 of its British…
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Get a COVID vaccine, and get 2 free Krispy Kreme doughnuts for a limited time
Dough not throw away your shot. While some Americans have been taking a “wait and see” approach on getting one…
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FDA approves Pfizer’s COVID-19 shot, making it the first vaccine to receive ‘full’ approval in the U.S.
The U.S. formally approved BioNTech and Pfizer’s COVID-19 vaccine in a move that could sway some of the unvaccinated to…
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PayPal launches crypto in the UK
PayPal users in the UK can now use the online payments platform to buy, sell and hold cryptocurrencies, marking the service’s first foray…
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Why Jump’s retail move to pull in the likes of the Reddit army could be a hit
The move by Jump Trading Group to launch a new business unit to execute stock orders on behalf of retail investors…
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Revolut launches pay-as-you-earn tool for UK workers
Revolut has launched a tool that will allow UK workers to get paid a portion of their salary as they…
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Greensill Capital attempts to halt lawsuit, files for bankruptcy in the US
The remnants of Greensill Capital, the UK financing company that collapsed earlier this year, filed for bankruptcy in the US,…
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Guess which Spac Leonardo DiCaprio and Orlando Bloom invested in?
Sustainability-focused financial technology firm Aspiration Partners is going public through a deal with a special-purpose acquisition company that would value…
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