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UK house prices see
UK house prices see 'surprise' pick-up, says Nationwide

An unexpected acceleration in values last month pushed prices to a record high, the Nationwide says.

Greensill Loses Confidence of Backers SoftBank, Credit Suisse
Greensill Loses Confidence of Backers SoftBank, Credit Suisse

(Bloomberg) -- Lex Greensill's ambitious plan to transform his arcane trade-finance business into a global lending force is rapidly falling apart.From Credit...

Hong Kong has Goldman Sachs to thank for record fines in 2020 for misconduct as regulator tightens scrutiny of market practices
Hong Kong has Goldman Sachs to thank for record fines in 2020 for misconduct as regulator tightens scrutiny of market practices

Hong Kong imposed record-high monetary penalties in its capital markets last year as authorities stepped up vigilance and enforcement to clamp down on market...

Hong Kong could see more instances of
Hong Kong could see more instances of 'tokenisation' in real estate, as market embraces fintech, says law firm DLA Piper

Hong Kong could see more instances of "tokenisation" in real estate transactions as the market embraces financial technology to make illiquid and expensive...

Autolus Therapeutics PLC Sponsored ADR (AUTL) Surges 6.5%: Is This an Indication of Further Gains?
Autolus Therapeutics PLC Sponsored ADR (AUTL) Surges 6.5%: Is This an Indication of Further Gains?

Autolus Therapeutics PLC Sponsored ADR (AUTL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate...

Volvo plans to go fully electric by 2030 and only sell cars online
Volvo plans to go fully electric by 2030 and only sell cars online

Volvo will only sell electric cars by 2030, ending gas- and diesel-engine sales sooner than other major automakers, the company announced.

Turkey
Turkey's reopening relieves restaurants but worries doctors

Turkish restaurants reopened and many children returned to school on Tuesday after the government announced steps to ease COVID-19 curbs even as cases edged ...

J&J COVID-19 vaccine distribution, voting rights debate, FBI director to testify: 5 things to know Tuesday
J&J COVID-19 vaccine distribution, voting rights debate, FBI director to testify: 5 things to know Tuesday

Johnson & Johnson's COVID-19 vaccine to hit distribution centers soon, FBI director Wray will testify before Senate for first time since Capitol riot and...

China extends lead over U.S. in global patents filings, U.N. says
China extends lead over U.S. in global patents filings, U.N. says

China was the biggest source of applications for international patents in the world in 2020 for the second consecutive year and extended its lead over No. 2 ...

Greenlane (GNLN) Surges 6%: Is This an Indication of Further Gains?
Greenlane (GNLN) Surges 6%: Is This an Indication of Further Gains?

Greenlane (GNLN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may ...

Volvo Cars to go fully electric by 2030
Volvo Cars to go fully electric by 2030

The Swedish firm is to phase out all models with internal combustion engines over the next few years.

Amsterdam
Amsterdam's Crisp, an online-only supermarket, raises €30M Series B led by Target Global

Crisp, an Amsterdam-based, online-only supermarket focused on fresh produce, has raised €30 million in a Series B financing led by leading Target Global and joined by Keen Venture Partners and the co-founders of Adyen and Takeaway.com. It plans to use the money to expand in the Netherlands, and eventually across Europe. Crisp says its USP is seasonal products sourced directly from 600+ small and high-quality producers at an affordable price in the Netherlands.

Czech on-demand grocery delivery startup Rohlik bags $230M to expand across Europe
Czech on-demand grocery delivery startup Rohlik bags $230M to expand across Europe

Food delivery -- whether it's ready-made orders from restaurants, meal kits or groceries -- has been one of the most-used services in this last year of living under the cloud of a global health pandemic, and today one of the companies with ambitions to build a pan-European empire in the third of these categories is announcing a major round of funding to help it get there. Rohlik, a Czech startup that has built an online grocery ordering and delivery business combining your usual grocery fare -- which it procures itself wholesale, or offers in concert with established businesses like Marks & Spencer -- with items sourced from local small businesses, has picked up €190 million ($230...

Dublin is Top Brexit Relocation Spot for Finance Firms, EY Finds
Dublin is Top Brexit Relocation Spot for Finance Firms, EY Finds

(Bloomberg) -- Dublin is the favorite destination for finance firms moving jobs into the European Union after Brexit, according to a study by consultancy...

Asian shares fall amid China
Asian shares fall amid China's asset-bubble warning

Asia stocks dropped on Tuesday and European equity futures fell as a senior Chinese official expressed wariness about the risk of asset bubbles in foreign...

Central Bank at Cusp of Reflation Trade Girds for Long Fight
Central Bank at Cusp of Reflation Trade Girds for Long Fight

(Bloomberg) -- The Reserve Bank of Australia signaled it's ready for a prolonged battle with bond traders betting on a reflation wave sweeping across the...

Global stocks, US futures sink after Treasury selloff eases
Global stocks, US futures sink after Treasury selloff eases

Global stock markets and Wall Street futures declined Tuesday after a selloff in U.S. Treasury debt eased, helping to allay concern about a possible rise in ...

Google will give its AR features a boost with dual camera support
Google will give its AR features a boost with dual camera support

The Google Play Services for AR app, which unlocks experiences built using the tech giant's ARCore SDK, has been updated with "Dual camera stereo depth on supported devices."

Mining magnets: Arctic island finds green power can be a curse
Mining magnets: Arctic island finds green power can be a curse

In the tenth century, Erik the Red, a Viking from Iceland, was so impressed with the vegetation on another Arctic island he had found he called it "the green...

IEA says global CO2 emissions rising again after nearly 6% fall last year
IEA says global CO2 emissions rising again after nearly 6% fall last year

Global carbon dioxide emissions dropped by 5.8% in 2020 as the COVID-19 pandemic slowed economic activity, but they rebounded at the end of the year and are ...

Boy Scouts of America plan to exit bankruptcy would pay abuse survivors an average of $6,000 each; survivors object
Boy Scouts of America plan to exit bankruptcy would pay abuse survivors an average of $6,000 each; survivors object

More than 95,000 former Boy Scouts have filed claims, saying they were sexually assaulted. The proposal offers an average of just $6,000 apiece.

China Power Giant Wants to Get Ahead on Xi
China Power Giant Wants to Get Ahead on Xi's Emissions Goals

(Bloomberg) -- China's utility giant is planning to upgrade its massive electricity grid over the next few years to allow it to move away from coal...

Boy Scouts propose more than $300 million, Norman Rockwell paintings to settle sex abuse claims
Boy Scouts propose more than $300 million, Norman Rockwell paintings to settle sex abuse claims

Victims' lawyers criticized the proposal, which would also include money from the Boy Scouts of America's insurers.

Microsoft-Backed Bukalapak Considers U.S. Listing Via SPAC
Microsoft-Backed Bukalapak Considers U.S. Listing Via SPAC

(Bloomberg) -- Bukalapak.com, an Indonesian e-commerce company backed by Microsoft Corp., is weighing a U.S. listing via a special purpose acquisition...

Farming in Australia Faces Slowdown Following Bumper Year
Farming in Australia Faces Slowdown Following Bumper Year

(Bloomberg) -- A year of bumper harvests has supercharged Australian farming, but the outlook for next season is less stellar with output value shrinking on ...

Dubai Real Estate Market May Bottom Out Next Year, S&P Says
Dubai Real Estate Market May Bottom Out Next Year, S&P Says

(Bloomberg) -- Property market in Dubai may "bottom out" next year after weathering a tough 2020, according to S&P Global Ratings."We already had a supply...

Abducted Nigerian schoolgirls released by kidnappers: Zamfara state governor
Abducted Nigerian schoolgirls released by kidnappers: Zamfara state governor

Gunmen have freed all 279 girls kidnapped from a boarding school in northwest Nigeria, officials said on Tuesday, as victims told Reuters how their abductors...

China, U.S. should lift COVID-19 travel bans if herd immunity reached
China, U.S. should lift COVID-19 travel bans if herd immunity reached

China and the United States should remove all barriers to travel between the two countries if the United States achieves herd immunity for COVID-19 with 90% ...

Coupang may raise up to $3.6 billion in its IPO, at a potential valuation of $51 billion
Coupang may raise up to $3.6 billion in its IPO, at a potential valuation of $51 billion

According to an amended S-1 filing, South Korean e-commerce leader Coupang expects to price its initial public offering between $27 to $30 per share...

Betting on death of petrol cars, Volvo to go all electric by 2030
Betting on death of petrol cars, Volvo to go all electric by 2030

Volvo's entire car lineup will be fully electric by 2030, the Chinese-owned company said on Tuesday, joining a growing number of carmakers planning to phase ...

Wall Street Bullishness Is Becoming a Contrarian Sell Signal
Wall Street Bullishness Is Becoming a Contrarian Sell Signal

(Bloomberg) -- Stock market optimism among Wall Street strategists has risen close to levels that signaled trouble for equities in the past.A Bank of America...

What
What's on TV this week: 'Coming 2 America' and 'WandaVision' finale

The 'WandaVision' season finale is this week, Paramount+ launches with a 'Real World' reunion and Amazon Prime premieres 'Coming 2 America.'

Musk Says Tesla FSD Subscriptions To Launch By June But Buying Would Still Be Better
Musk Says Tesla FSD Subscriptions To Launch By June But Buying Would Still Be Better

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said Monday that the automaker's Full-Self Driving software subscriptions would be available in the second quarter...

House Committee Chairs Seek N95 Mask Rule for Meat Workers
House Committee Chairs Seek N95 Mask Rule for Meat Workers

(Bloomberg) -- Key Democratic House Committee chairs asked the Biden administration to require N95 air filtration masks to protect against the spread of...

Dogecoin Has A
Dogecoin Has A 'Meme Shield' Against Price Drops, Says Elon Musk

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said Dogecoin (CRYPTO: DOGE) has a "legendary item" in its arsenal - a meme shield. What Happened: The entrepreneur...

Japanese Steel Giant Shifts to Recycled Metal in Green Race
Japanese Steel Giant Shifts to Recycled Metal in Green Race

(Bloomberg) -- Nippon Steel Corp., Japan's top producer, is shifting its focus to recycling the metal as ambitious net-zero emission targets intensify a race...

Most Asia markets up again after Wall St surge, stimulus in view
Most Asia markets up again after Wall St surge, stimulus in view

Asian markets mostly advanced again Tuesday, building on a global rebound from last week's rout as concerns about rising bond yields subsided and investors...

A longtime Nike exec resigned after her son used her credit card to fund his sneaker resale business
A longtime Nike exec resigned after her son used her credit card to fund his sneaker resale business

Hebert's 19-year-old son used her credit card to buy over $100,000 worth of limited-edition shoes to resell.

Southeast Asian ministers prepare for Myanmar talks as crisis intensifies
Southeast Asian ministers prepare for Myanmar talks as crisis intensifies

The talks will come two days after the bloodiest day of unrest since the military removed Aung San Suu Kyi's elected government a month ago, unleashing anger...

Workhorse: Back to the Drawing Board
Workhorse: Back to the Drawing Board

After a devastating setback, Workhorse Group (WKHS) will have to redefine the business plan going forward. The company was wisely building an order book...

China
China 'Worried' About Bubbles in Property, Foreign Markets

(Bloomberg) -- China's top banking regulator said he's worried about a slew of risks including the nation's property bubble, rapid inflow of foreign capital ...

Oil Sinks Toward $60 Before OPEC+ Meets to Decide on Supplies
Oil Sinks Toward $60 Before OPEC+ Meets to Decide on Supplies

(Bloomberg) -- Oil's impressive 2021 rally is coming unstuck just days before OPEC+ meets to decide just how much crude it should return to the...

Covid-19 variants pose
Covid-19 variants pose 'real threat' to vaccine progress, CDC warns

A top health expert says highly contagious variants of the virus pose a "real threat" to the US.

Amazon hit with pay equity, racial discrimination lawsuit
Amazon hit with pay equity, racial discrimination lawsuit

A wage disparity exists at the highest levels of Amazon, where Black executives make less than their white co-workers doing the same job, according to a new ...

As another stimulus package hangs in the balance, some programs like unemployment benefits are set to expire by the end of March
As another stimulus package hangs in the balance, some programs like unemployment benefits are set to expire by the end of March

The current package includes $1,400 stimulus checks, $400 payments in federal unemployment benefits, and funds for coronavirus testing and vaccines.

Li Auto: Recent Pullback Offers a Compelling Opportunity, Says Analyst
Li Auto: Recent Pullback Offers a Compelling Opportunity, Says Analyst

Momentum has stalled for Li Auto (LI). The Chinese EV maker made some impressive market moves in 2020, but has failed to ignite so far in 2021, with shares...

Almost 10% of American households are at risk of losing housing during pandemic, according to new report
Almost 10% of American households are at risk of losing housing during pandemic, according to new report

CFPB said that around 2.1 million families are at least three months late on mortgage payments, while 8.8 million renters are late on rent.

Boeing, Australian air force say pilotless, fighter-like jet completed first test flight
Boeing, Australian air force say pilotless, fighter-like jet completed first test flight

Boeing Co and the Royal Australian Air Force (RAAF) said on Tuesday they had completed the first flight test on a pilotless fighter-like jet designed to...

Bernie Sanders promises Senate vote on $15 minimum wage as Democrats get ready to approve the stimulus package
Bernie Sanders promises Senate vote on $15 minimum wage as Democrats get ready to approve the stimulus package

Sanders encouraged Democrats to ignore a ruling which bars the wage hike from forming part of the stimulus package.

Compass files S-1, reveals $3.7B in revenue on net loss of $270M
Compass files S-1, reveals $3.7B in revenue on net loss of $270M

Compass, the real-estate brokerage startup backed by roughly $1.6 billion in venture funding, filed its S-1 Monday. The move comes just under one year after...


Nigerian Gunmen Release Hundreds of Kidnapped Schoolgirls

‘Our daughters are now safe,’ says Zamfara state Gov. Bello Mattawelle

Ant Group Boss Tries to Quell Employee Discontent With Promise of Eventual IPO

Executive chairman also said company would look for ways to help workers monetize some shares after the company called off listings

Oil Trade Group Is Poised to Endorse Carbon Pricing

Draft American Petroleum Institute statement says carbon pricing would help meet Paris accord

California Provides Billions for School Reopenings

Los Angeles superintendent wants elementary schools open by mid-April, but has yet to reach a deal with the teachers union

Gov. Cuomo’s Administration Hires Criminal Defense Lawyer

New York governor retains veteran white-collar defense lawyer Elkan Abramowitz amid probes into harassment and Covid-19 nursing-home deaths

Senate Moves Ahead With Covid-19 Aid Package Without Minimum-Wage Boost

Democrats have decided to scrap alternative pay plan as its complexity and limitations emerged

Is Inflation a Risk? Not Now, but Some See Danger Ahead

Though slack in the economy and a vigilant Fed currently keep prices well in check, some economists say political pressure and new emphasis on maximizing employment could test central bank’s resolve

GameStop won’t stop Robinhood from launching its IPO bid

Robinhood could file for an IPO as soon as this month. Good idea? Bad idea?

A.I. drone maker Skydio takes off

Drone startup Skydio is a unicorn after raising money at a valuation of over $1 billion. It's the first unicorn founded by graduates of Olin College of Engineering

George Floyd Trial Centers on Police Tactic That Is Hard to Prosecute

The technique—known as prone restraint—will be at the center of the trial of former Minneapolis officer Derek Chauvin

The all-male board is alive and well for private companies

The Broadsheet, Fortune Most Powerful Women by Kristen Bellstrom, Claire Zillman, and Emma Hinchliffe

Greensill Capital Faces Possible Insolvency After Credit Suisse Suspends Investment Funds

Swiss lender’s decision on $10 billion in funds comes amid concern over Greensill’s exposure to U.K.-based steel magnate

Twitter has not been playing the Kremlin’s game

Twitter, which faces potentially heavy fines, is increasingly caught between regulations.

Gab hacked: Private posts, passwords exposed, Torba blames 'demon hackers'

"Hacktivist" JaXpArO created a dataset of more than 40 million posts from Gab, the social media site popular with the far-right DDoSecrets said.

Biden supports the historic Amazon worker union vote in Alabama, and demands 'no anti-union propaganda'

Biden didn't specifically name Amazon, but reports have suggested Amazon is deploying anti-union tactics at its Bessemer, Alabama warehouse.

Is Big Tech poised for a big rally?

U.S. futures are rebounding on Monday morning, led by Big Tech.

Austin's priciest home just sold as tech workers rush to the Texas city

The glass-walled home comes with a private lagoon, an outdoor infinity pool, and a three-story guest house.

Democrats may introduce universal background check bill with Biden's blessing

Democrats think they have a stronger chance of passing gun legislation this year while they control Congress and the White House.

Here are the false and misleading claims Donald Trump made in his CPAC speech

In his first major speech since leaving the White House last month, Trump again falsely said he won the 2020 election.

Yogurt maker Chobani is launching its biggest ad campaign as it eyes an IPO

Chobani, which has annual revenue of about $2 billion, has done much of its advertising internally on a modest budget.

A new approach for handling insulin could revolutionize diabetes treatment for millions of people

For diabetics who lack electricity at home, a shift in how insulin is handled could be game-changing.

Stimulus: Democrats abandon plan B for $15 hour minimum wage hike

The proposal was abandoned as Democrats appeared reluctant to finalize a complex plan that could delay passage of the Biden stimulus bill.

2021 Golden Globes Moments: Andra Day, ‘Borat,’ Daniel Kaluuya Celebrate a Night of Glamour and Glitches

Honors go to an assortment of noteworthy winners including Chloé Zhao for ‘Nomadland’ and Chadwick Boseman

'I am not starting a new party': In CPAC speech, Trump says he is committed to the GOP

"We're not starting new parties," Trump said on Sunday. "You know, they kept saying, 'He's going to start a brand new party.' That was fake news."

McKinsey’s Leadership Vote Reveals Cracks in Its Global Partnership

Settlement on work with opioids makers prompted complaints from overseas partners; tension built over the firm’s changes

McKinsey’s Leadership Vote Reveals Cracks in Its Global Partnership

Settlement on work with opioids makers prompted complaints from overseas partners; tension built over the firm’s changes

Covid-19 Vaccines Yield Breakthroughs in Long-Term Fight Against Infections Disease

Researchers in gene-based technology produced a class of vaccines they believe can protect against all manner of infectious disease in the years to come

Walmart has reportedly lured away two Goldman Sachs bankers to help lead its new fintech venture

Walmart announced a partnership with Ribbit Capital to offer financial products to customers and employees in January.

Biden is reportedly discussing an infrastructure spending plan in the wake of devastating winter storms

President Joe Biden and administration officials have reportedly begun talking to lawmakers about plans to fix the country's infrastructure.

New York Reps. push independent probe for Cuomo harassment allegations

Reps. Jerry Nadler, Alexandria Ocasio-Cortez, Antonio Delgado, and Kathleen Rice are among the lawmakers calling for an independent investigation.

Iran Rejects Offer of Direct U.S. Nuclear Talks, Senior Diplomats Say

Move could trigger new escalation of tensions with Washington, Europe

Geode, Fidelity’s Index-Fund Manager, Closes Hedge-Fund Business After Derivatives Bets Implode

Geode Capital Management’s largest private fund lost about $250 million as wagers on stock-market volatility turned sour last year

Geode, Fidelity’s Index-Fund Manager, Closes Hedge-Fund Business After Derivatives Bets Implode

Geode Capital Management’s largest private fund lost about $250 million as wagers on stock-market volatility turned sour last year

A 7-step plan for business leaders to win in the post-COVID economy

Commentary: The vaccine rollout has been a trigger point in fighting COVID-19. Business leaders need to prepare for what's next.

The future of business travel is cloudy, spelling trouble for hotels

Business travelers are a key customer segment for hotels like Marriott and Hilton, offering reliable occupancy year-round and during the workweek.

Lawmakers Push for New York Attorney General Review of Accusations Against Cuomo

Two former aides to the Democratic governor have said they were sexually harassed by him

Eighteen Killed in Myanmar’s Bloodiest Day of Protests Since Coup

Police fire on demonstrators who poured into the streets to oppose military takeover

Everything is about to get more expensive. It's a crucial next step for the US economic recovery.

A healthier economy means more demand and higher prices for thinks like houses and healthcare. This inflation doesn't mean the US is overheating.

The real reason why Amazon is lobbying for a $15 minimum wage as it tries to squash unionization efforts

As Amazon lobbies for a higher minimum wage, experts say that the company is not making the decision solely out of the goodness of Jeff Bezos' heart.

Future Mars trips will require huge shifts in spacecraft propulsion, with NASA and startups working on a fix

Due to radiation, flight times to Mars need to go down. Thus, startups and NASA are working on faster, more efficient types of spacecraft propulsion.

Trump Teases 2024 Run as He Hits Biden’s Early Moves

In first major speech since leaving office, former president said GOP was united and positioned himself as its standard-bearer

Trump Teases 2024 Run as He Hits Biden’s Early Moves

In first major speech since leaving office, former president said GOP was united and positioned himself as its standard-bearer

Pay Cuts, Taxes, Child Care: What Another Year of Remote Work Will Look Like

Facebook considered tracking its employees. Lyft is making some workers move before April. Here’s how big companies are wrestling with thorny work-from-home issues.

How Europe Became the World’s Biggest Electric-Car Market—and Why It Might Not Last

Subsidies and more choices have helped spur consumer demand, but China serves as a warning that such momentum can be fleeting

How Europe Became the World’s Biggest Electric-Car Market—and Why It Might Not Last

Subsidies and more choices have helped spur consumer demand, but China serves as a warning that such momentum can be fleeting

Pay Cuts, Taxes, Child Care: What Another Year of Remote Work Will Look Like

Facebook considered tracking its employees. Lyft is making some workers move before April. Here’s how big companies are wrestling with thorny work-from-home issues.

Biden defends airstrike on Syria in letter to leaders in Congress and says US has the right to defend itself

"The United States always stands ready to take necessary and proportionate action in self-defense," Biden said in the letter.

A 2nd former aide has come forward to accuse Andrew Cuomo of sexual harassment

"I understood that the governor wanted to sleep with me, and felt horribly uncomfortable and scared," the former aide said.

Conservative college students are MIA from CPAC in 2021

CPAC has long been famous for its college party scene, from hot-tub parties with congressmen to ice-luge shots. Not so much in pandemic-plagued 2021.

The US just authorized a 3rd coronavirus shot, adding a convenient, single-dose option to boost the rollout

J&J's vaccine is a single dose that can be stored in typical refrigeration, arming the US with another weapon in the fight against the pandemic.

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