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LONDON (Reuters) – The increased risk to ethnic minorities from COVID-19 is largely driven by factors such as living circumstances and profession and not the genetics of different groups or structural racism, a report into racial disparities from the pandemic has found. Several studies have shown a disproportionate impact of COVID-19 on ethnic minorities, and...
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By Kane Wu and Scott Murdoch HONG KONG (Reuters) – Major Wall Street banks in India raked in their second-highest fee income since the global financial crisis in the first nine months of this year, benefitting from a flurry of private-sector deals despite the coronavirus pandemic. India has seen a number of multi-billion dollar transactions...
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By Sonali Paul MELBOURNE (Reuters) – Oil prices dropped in early trade on Thursday, adding to heavy losses overnight, after a build in U.S. gasoline inventories pointed to a deteriorating outlook for fuel demand as coronavirus cases soar in North America and Europe. U.S. West Texas Intermediate (WTI) crude (CLc1) futures fell 27 cents, or...
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By Thyagaraju Adinarayan and Sudip Kar-Gupta LONDON/PARIS (Reuters) – Trading on Euronext (PA:ENX) resumed on Tuesday after a series of glitches on Monday disrupted several of Western Europe’s major stock exchanges and raised concerns about the risk of one operator hosting so many bourses. The outage is at least the fifth major one globally this year and...
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LONDON (Reuters) – Britain needs to impose a three-week period of national lockdown restrictions immediately to stop cases of COVID-19 spiralling, government scientific adviser Jeremy Farrar said, adding that current regional measures would not be effective. “The current tiered restrictions will not bring the transmission rates down sufficiently or prevent the continued spread of the...
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Source : https://.investing.com/ By Kate Kelland LONDON (Reuters) – Ongoing illness after infection with COVID-19, sometimes called “long COVID”, may not be one syndrome but possibly up to four causing a rollercoaster of symptoms affecting all parts of the body and mind, doctors said on Thursday. In an initial report about long-term COVID-19, Britain’s National Institute...
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By Jessica Jaganathan SINGAPORE (Reuters) – Oil prices slipped on Wednesday on concerns that fuel demand will continue to falter as rising coronavirus cases across Europe and in the United States, the world’s biggest oil consumer, could impede economic growth. The Organization of the Petroleum Exporting Countries (OPEC) said in its monthly report on Tuesday...
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By Shashank Nayar (Reuters) – British midcaps rose to their highest levels in nearly two months on Thursday following the Bank of England Governor’s upbeat views on Brexit and as a slew of corporate results showed signs of improvement. Bank of England Governor Andrew Bailey said he believed Britain and the European Union should be...
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(Bloomberg) — Oil steadied near $40 a barrel in New York after a sell-off prompted by rising U.S. stockpiles, with the market turning its attention to a hurricane that’s caused widespread shut-ins of Gulf of Mexico output. Crude inventories expanded by 501,000 barrels last week, while supplies at the key storage hub of Cushing climbed...
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By Andy Bruce LONDON (Reuters) – Prime Minister Boris Johnson will outline plans on Tuesday for Britain to “build back greener” from the coronavirus pandemic by committing funds to boost Britain’s offshore wind energy capacity. The 160 million pound ($208 million) investment into ports and factories is part of a drive to quadruple Britain’s offshore...
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