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Pound Reaches TwoWeek High vs Euro on BoE Cautious Optimism

LONDON, March 9 Reuters Sterling touched a twoweek high against the euro on Tuesday and rose above 1.39, supported by progress in Britains vaccination programme, with the Bank of Englands governor cautiously optimistic about an economic recovery. Traders expect a swift inoculation programme will help revive the economy, with more than 22 million people having […]
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GameStop Shares Soar more than 20

Shares of GameStop jumped on Tuesday for the fifth straight day, as the meme stock rally that began earlier this year got more juice on news about the video game retailers ecommerce strategy and speculation that small investors will pour stimulus check funds into stock markets. GameStop shares were up 23.5 to 239.80 in early […]
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Online Lender SoFi to Buy California Community Bank

Social Finance Inc, or SoFi, said on Tuesday it would buy community bank Golden Pacific Bancorp for about 22.3 million in an allcash deal, accelerating the online lenders push to become a national bank. SoFi said it would pay 2.55 for every share of Sacramento, Californiabased Golden Pacific. Separately, SoFi also announced the launch of […]
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AerCap Confirms AircraftLeasing Business Talks with GE

Reuters Irelands AerCap Holdings NV on Tuesday confirmed ongoing discussions with General Electric Co to acquire its aircraftleasing business. The U.S. business, known as GE Capital Aviation Services or GECAS, is one of the worlds biggest jetleasing companies. It leases passenger aircraft made by companies including Boeing Co and Airbus SE. Reuters on Monday reported […]
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Global Stocks Rally on Economic Secovery Hopes

Global stocks gained on Tuesday as hopes of a robust economic recovery bolstered confidence in riskier assets. A pullback in U.S. and European bond yields also buoyed equity markets. In Europe, the Euro STOXX 600 shrugged off data showing a bigger than expected fall in fourth quarter euro zone economic output to rally 0.5. Germanys […]
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Gold Rebounds as Dollar, U.S. Yields Pull Back

Gold rose nearly 2 on Tuesday, as it gained respite from a retreat in U.S. Treasury yields and the dollar following a slide to a ninemonth low in the last session. Spot gold rose 1.5 to 1,706.01 per ounce by 1308 GMT, having earlier risen as much as 1.8 to 1,711.16. U.S. gold futures climbed […]
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