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Oil Holds Gains Near 12-Week High on U.S. Vaccination Optimism

(Bloomberg) — Oil held gains near the highest level since early September in Asian trading as signs that Covid-19 vaccinations in the U.S. could be underway within three weeks improved...
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UK will set up dozens of mass vaccination centres as soon as vaccines are available – the Telegraph

(Reuters) – Britain will set up dozens of mass vaccination centres to immunize people against coronavirus as soon as vaccines are available, the Telegraph reported. One of the first locations...
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Euro zone economy likely already in double-dip recession – Reuters poll

By Richa Rebello BENGALURU (Reuters) – The euro zone is on track for its first double-dip recession in nearly a decade, according to a Reuters poll of economists which points...
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Europe’s spending surge will not make debt unsustainable – ECB

FRANKFURT (Reuters) – A surge in public spending across Europe to contain a pandemic-induced recession will not make debt levels unsustainable, even if some euro zone members are sitting on...
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UK tries to reassure business leaders over Brexit with new task force

By Andrew MacAskill LONDON (Reuters) – Britain will attempt to reassure nervous business leaders that it appreciates the need for clarity on rules outside of the European Union by setting...
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Oil Rally Loses Shine as Virus Surge Offsets Vaccine Optimism

(Bloomberg) — Oil slipped in Asia amid increasing virus infections after surging on Monday following news of a potential vaccine breakthrough that offered grounds for optimism on long-term demand prospects....
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Hard cash at SoftBank: Investors await CEO Son’s cashpile clues in second-quarter report

By Sam Nussey TOKYO (Reuters) – SoftBank Group Corp (T:9984) shareholders have an $80 billion (£61 billion) question for Chief Executive Masayoshi Son when he presents the Japanese tech investment...
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Gold Slips as U.S. Presidential Vote Count Continues; Oil Gains

(Bloomberg) — Gold held losses while oil gained as tight races in key battleground states in the U.S. election left investors scrambling to parse the shifting odds in a fraught...
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Oil slips on rising U.S. dollar on bets of no big fiscal package

By Sonali Paul MELBOURNE (Reuters) – U.S. oil prices fell in early trade on Thursday as the dollar strengthened on expectations the Republican Party would keep control of the Senate...
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