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People with allergic reaction to mRNA vaccines can get 2nd dose; Delta viral load over 1,000 times higher

FILE PHOTO: Boxes of Walvax Biotechnology’s messenger RNA (mRNA) vaccine against the coronavirus disease (COVID-19) are seen displayed at a trade fair in Shanghai, China April 16, 2021. China Daily via REUTERS/File Photo (Corrects main headline and text of second item to indicate that “1,000 times higher” applies to viral load not infectiousness) (Reuters) – The following is a roundup […]

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Dollar edges lower with Fed in focus, cryptocurrencies jump

NEW YORK (Reuters) – The dollar edged lower on Monday against a basket of other currencies as investors’ focus turned to this week’s U.S. Federal Reserve meeting, while cryptocurrency prices rose to their highest in weeks.Saudi riyal, yuan, Turkish lira, pound, U.S. dollar, euro and Jordanian dinar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/FilesThe dollar […]

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Regulators to unlock 'black box' of ESG corporate ratings

LONDON (Reuters) -Global regulators took a first step on Monday to unlock the “black box” of corporate environmental, social and governance (ESG) ratings, suggesting formal oversight of a sector which helps channel trillions of dollars into climate-friendly investment funds.FILE PHOTO: A woman points to an electronic board showing stock prices as she poses in front of the board after the […]

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Telecom firm Lumen to sell Latin America business for $2.7 billion

(Reuters) -Telecom company Lumen Technologies said on Monday it would sell its Latin American business to private equity firm Stonepeak for $2.7 billion. The business will operate as an independent, U.S.-headquartered portfolio company of Stonepeak after the deal closes and will be led by Hector Alonso, Lumen’s president for the region. Shares of Monroe, Louisiana-based Lumen rose 2.5% to $12.95 […]

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Investors betting on COVID-19 recovery within two to three years, AFIC

The chief executive of the country’s largest listed investment company says investors are expecting a recovery from COVID-19 within two to three years, which explains the disconnect between sharemarket performance and the economic reality faced by Australians. The Australian Foundation Investment Company’s investment portfolio of local equities returned 31.9 per cent this year, compared to the 10-year average of 11 […]

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Dollar dips ahead of Fed meeting, cryptocurrencies jump

(Corrects day of week in lede)Saudi riyal, yuan, Turkish lira, pound, U.S. dollar, euro and Jordanian dinar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/FilesLONDON (Reuters) – The dollar slipped against a basket of currencies on Monday as investor focus turned to this week’s Federal Reserve meeting, while cryptocurrencies jumped to their highest levels in weeks. […]

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Stocks drop on China clampdown at start of data-packed week

LONDON (Reuters) – Stock markets fell on Monday as concerns over tighter regulations in China mounted amid caution ahead of a huge week for U.S. corporate earnings and the Federal Reserve meeting.A general view shows the trading floor as the German share price index DAX reacts to the 2020 U.S. presidential election at the stock exchange in Frankfurt, Germany, November […]

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AMP launches new advice model after damning royal commission ‘lit a fire’

AMP’s new leadership team has declared the days of vertical integration are over, launching a new business model for financial advice that relies on selling professional services rather than peddling in-house products. The wealth giant unveiled a roadmap for reshaping its financial advice business on Monday that includes packages to allow advisers to use AMP’s financial services licence or buy […]

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Asia stocks hit seven-month low as China skids, funds favour Wall Street

SYDNEY (Reuters) – Asian shares skidded to seven-month lows on Monday as regulation concerns upended Chinese equities and strong U.S. corporate earnings sucked funds out of emerging markets into Wall Street.FILE PHOTO: An investor looks at an electronic board showing stock information at a brokerage house in Beijing, August 27, 2015. REUTERS/Jason LeeChinese blue chips shed 2.4% to their lowest […]

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China's private education firms brace for hit from new rules, shares tumble

HONG KONG (Reuters) -China’s private education firms are bracing for a “material” hit to their operations after Beijing announced new rules barring for-profit tutoring in core school subjects to ease financial pressures on families.FILE PHOTO: People pick up children from a school in Beijing, China, April 6, 2021. REUTERS/Thomas PeterNews of the rule changes on Friday sent shockwaves through China’s […]

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