yahoo finance news
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Two tales of a city: How middle-class Shanghai reveals China’s unsettled future
The rapid emergence and explosive growth of the Chinese middle class is one of the world’s most stunning developments. At…
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Lex Greensill: I take ‘full responsibility’ for my firm’s collapse
Lex Greensill, founder of the eponymous supply chain finance firm Greensill Capital, apologised for the company’s collapse and took full responsibility…
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For Clean Energy, Buy American or Buy It Quick and Cheap?
In January, Patricia Fahy, a New York State legislator, was celebrating a new development project for the Port of Albany:…
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Job openings leaped above 8 million in March, a new record high
A help wanted sign is displayed in the window of a Brooklyn business in New York. Spencer Platt | Getty…
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Symphony new CEO Brad Levy on how 100-hour weeks at Goldman set him apart
Brad Levy has big changes planned for Symphony, the $1.4bn financial communications provider he is soon to take over. With…
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Elon Musk is thinking of taking dogecoin as payment for Tesla cars
Eccentric billionaire Elon Musk is considering accepting dogecoin as payment for products at electric car firm Tesla, months after introducing…
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Infrastructure plan should cost up to $800 billion, McConnell says ahead of Biden meeting
Senate Minority Leader Mitch McConnell speaks to reporters after the Senate Republican lunch on Capitol Hill in Washington, March 23,…
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Restaurants are ‘sucking wind’ but fighting back to reopen amid a worker shortage
View of the Prohibition Taproom in Philadelphia. Owner Michael Pasquarello, who owns two other establishments in the city, is optimistic…
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UK lockdown roadmap: Green light for Step 3 — here’s what’s next
The government has confirmed that the UK will move on to the next stage of its economic reopening. Under Step…
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Pharma investors scoff at Covid vaccine patent waiver: ‘We are not convinced’
Fund managers holding healthcare and pharmaceutical stocks have questioned the US government’s decision to support a waiver on Covid vaccine…
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Here are the odds on dogecoin hitting $5, despite Elon Musk’s ‘hustle’ remark
The likelihood of dogecoin surpassing $5 in value by the end of this year is increasing, jumping week-on-week despite a…
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Trading places: Hires for Bank of America, Allen & Overy and Cboe Europe
Bank of America hired a senior dealmaker from Citigroup in Paris as it continues to build up its presence in…
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KPMG appoints new audit head as senior changes continue
KPMG UK has appointed Catherine Burnet as its new head of audit, replacing Jon Holt, who was elevated to chief…
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Canada has bungled trade deals with India in the past. Could COVID and China finally unite the two?
Breadcrumb Trail Links News Economy Talks between the EU and India are expected to revive, which could bode well for…
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Labor secretary says pandemic is still weighing on economy but confidence is coming back
Labor Secretary Martin Walsh said Friday that the Covid-19 pandemic is still weighing on jobs but projected optimism about recovery…
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Irish investment bank Davy hires five as it eyes UK expansion post-Brexit
Ireland’s biggest stockbroker, Davy, has named five new senior hires for its London operation and plans to bolster its UK…
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Winklevoss, Musk, Cuban: Here’s who’s backing dogecoin
Dogecoin is everywhere, dogecoin is life. Or at least, that’s what some of its biggest supporters think. The cryptocurrency, first…
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PayPal wants customers to embrace cryptos for payment
PayPal Holdings is looking to expand its lucrative business of enabling customers to pay merchants with crypto assets, but the…
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Health Advocate or Big Brother? Companies Weigh Requiring Vaccines.
As American companies prepare to bring large numbers of workers back to the office in the coming months, executives are…
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Meme Stocks and Archegos: Fed Calls Out Financial Weak Spots
The Federal Reserve warned about financial stability risks emanating from frothy stocks and debt-laden hedge fund bets in its twice-annual…
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Jobless claims tumble in another sign the labor market is getting closer to pre-pandemic levels
The U.S. employment picture improved sharply last week, with first-time claims for unemployment insurance hitting a fresh pandemic-era low. Initial…
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Telegraph owner Sir Frederick Barclay ordered to pay £100m in divorce proceedings
Sir Frederick Barclay has been ordered to pay his wife Lady Hiroko Barclay a total of £100m as part of divorce proceedings, newly…
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Fresh fruit in February: Quebec’s premier about to test a cherished commandment of economics
Breadcrumb Trail Links News Economy Quebec has put more than $150 million towards becoming self-sufficient in all four food groups,…
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US watchdog mulls stricter rules after Archegos debacle, GameStop mania
WASHINGTON—Wall Street’s top regulator will study potential new rules related to two recent episodes of stock-market turbulence — the GameStop…
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How tax incentives can power more equitable, inclusive growth
For decades, tax incentives have been a major policy tool to spur economic development and attract and retain good jobs.…
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إصلاح القطاع العام في منطقة الشرق الأوسط وشمال أفريقيا هي الثورة التي يمكن تحقيقها في الحوكمة
مع اقتراب الذكرى السنوية العاشرة للربيع العربي، يتمّ إيلاء الكثير من الانتباه، وهذا أمر محقّ، إلى مسار الحوكمة الأوسع لمنطقة…
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Ken Moelis sees banker travel slashed by two-thirds even amid ‘busiest time I’ve ever seen’
Veteran dealmaker Ken Moelis said that investment bankers could spend half the amount of time travelling in the wake of…
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Lazard CEO eyes banker recruits as dealflow surges — ‘2022 will be even better’
Independent investment bank Lazard is ramping up recruitment for both senior dealmakers and junior bankers as activity has surged to…
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Standard Chartered tops ranking of City’s highest-paying investment banks
Standard Chartered has topped the rankings as the highest paying investment bank in the UK, according to an analysis of…
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Fintech startup Lanistar obtains FCA approval
Lanistar, the fintech startup which last year landed itself in hot water with several regulators, has received approval from the…
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Credit Suisse chair Horta-Osorio buys $1.2m of shares amid Greensill, Archegos crises
New Credit Suisse chair Antonio Horta-Osorio has bought $1.2m of the Swiss bank’s stock. An unnamed board member bought CHF1.1m of…
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U.S. trade deficit surges to new record; shortfall with China keeps rising
A container ship is guided by tugboats out of the terminal at the Port of Long Beach-Port of Los Angeles…
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Credit Suisse banker demoted over Greensill shows off seven-bedroom Provence farmhouse
Eric Varvel, the Credit Suisse asset management head demoted after the Greensill Capital collapse, is marketing his expensively renovated seven-bed…
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Jerome Powell strikes a hopeful tone but emphasizes the pandemic’s uneven costs.
Jerome H. Powell, the Federal Reserve chair, struck a hopeful tone about the United States economy in a speech on…
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Here’s why the state of mortgage lending isn’t precarious despite fear mongering about housing markets
Breadcrumb Trail Links Real Estate News Economy Recent Canadian homebuyers are financially strong and stable and mortgage delinquency is low…
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Competition Bureau gets a budget boost, but is it enough to make companies think twice?
Breadcrumb Trail Links News Economy The question is: Do Canadians really want to have a kick-ass competition bureau? Author of…
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New threats to an old problem: The pandemic has made ‘brain drain’ even worse
Breadcrumb Trail Links News Economy With physical borders closed and virtual ones open, highly skilled tech workers getting poached by…
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Biden’s Proposals Aim to Give Sturdier Support to the Middle Class
Skeptics have warned of government overreach and the risk that deficit spending could ignite inflation, but Mr. Biden and his…
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Half of new money went into European sustainable funds in the first quarter
Sustainable investment products have continued their winning streak, attracting half of all the new money entering European funds during the…
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Roaring ‘20s economic recovery? For some it’ll be ‘Grapes of Wrath,’ top analyst warns
L-R: Dorris Bowden, Jane Darwell and Henry Fonda on the set of the film The Grapes of Wrath directed by…
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Deutsche’s staff will have to agree detail of hybrid working with managers
German lender Deutsche Bank is planning to roll out a hybrid working system for its employees post-pandemic but the details…
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Former Woodford sales exec Simon Dale joins ETF firm
Simon Dale, the former head of retail at Woodford Investment Management, has joined exchange traded fund boutique HANetf to oversees…
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Survey finds almost two thirds of bosses plan hybrid working set-ups
Two thirds of business leaders in the UK plan to adopt hybrid working — where staff split their time between…
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KPMG’s first female leader Mary O’Connor quits after being overlooked for chief exec role
The first woman to lead KPMG in Britain, Mary O’Connor, has quit the Big Four firm after she was passed…
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How Black-owned businesses can make the most out of the Biden infrastructure plan
Alongside much-needed investments in the nation’s roads, bridges, and water systems, President Joe Biden’s $2 trillion infrastructure proposal, the American…
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HSBC profits more than double as Covid-19 loan-loss provisions reverse
HSBC’s first-quarter profits more than doubled as provisions for Covid-19 related loan losses slumped, but the UK lender’s investment bank…
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JPMorgan launches blockchain venture with Temasek for central bank digital currencies
JPMorgan has created a new company to tackle cross-border payments using blockchain technology with Singapore state-backed fund Temasek and DBS. …
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Tesla’s bitcoin holdings jump by $1bn
Tesla has said the fair market value of its bitcoin holdings reached $2.48bn at the end of March, marking a…
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UK watchdog proposes overhaul of Mifid II research rules
The Financial Conduct Authority wants to scrap some of the most burdensome EU rules on investment research, offering a potential lifeline to…
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Electoral Commission to probe Boris Johnson’s ‘unethical, foolish’ flat refurbishment
The Electoral Commission has opened an investigation into how the refurbishment of Boris Johnson’s Downing Street flat was funded. The…
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