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Ether, the world’s second-largest cryptocurrency, hits a record high above $1,700
KEY POINTS Ether climbed 11% to a price of more than $1,700 on Friday, according to data from CoinDesk. Investors…
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S&P 500, Nasdaq scale new highs on stimulus progress, job market rebound
(Reuters) – The S&P 500 and the Nasdaq hit record highs on Friday on signs of progress towards more economic…
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Oil hits highest in a year on growth hopes, OPEC+ cuts
NEW YORK (Reuters) – Oil prices hit its highest in a year on Friday, closing in on $60 a barrel,…
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Police seize $60 million of bitcoin! Now, where’s the password?
FRANKFURT (Reuters) – German prosecutors have confiscated more than 50 million euros ($60 million) worth of bitcoin from a fraudster.…
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OPEC+ sticks with oil policy as prices rise towards one-year high
LONDON (Reuters) – OPEC+ maintained its oil output policy at a meeting on Wednesday, a sign producers are happy that…
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U.S. crude hits one-year highs after U.S. stock drawdown
NEW YORK (Reuters) – Oil prices rose almost 2% on Wednesday, with U.S. crude reaching its highest settlement level in…
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Commerzbank CEO finalizes plans to cut 10,000 jobs, close branches
FRANKFURT (Reuters) – Commerzbank Chief Executive Manfred Knof on Wednesday finalized plans to cut 10,000 jobs and close hundreds of…
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Mazda expects chip shortage to affect about 7,000 vehicles in February
TOKYO (Reuters) – Japanese automaker Mazda Motor Corp said on Thursday it expects a chip shortage to affect its vehicle…
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Unilever sets long-term targets as China, India rebound
(Reuters) – Unilever is targeting long-term sales growth of 3% to 5% after a recovery in China and India helped…
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Shell’s profit slides 71% in 2020 as pandemic bites
LONDON (Reuters) – Royal Dutch Shell’s profit last year dropped to its lowest in at least two decades as the…
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Qualcomm shares drop as chip supply constraints hold back sales
(Reuters) – Qualcomm Inc shares fell 7.6% in after-hours trading on Wednesday as the company said that semiconductor supply constraints…
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Investment banking boom lands Deutsche Bank first profit since 2014
FRANKFURT (Reuters) – Deutsche Bank eked out a small annual profit in 2020, its first since 2014, saying on Thursday…
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