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Beyond Meat CFO Mark Nelson to Retire

Beyond Meat Inc said on Monday Chief Financial Officer Mark Nelson, who played a key role in the plantbased patty makers blockbuster public listing in 2019, will retire in May. The retirement was voluntary and not a result of any disagreement or on any matter relating to its operations, policies or practices, the company said. […]
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How 10Second Video Clip Sold for 6.6 Million

In October 2020, Miamibased art collector Pablo RodriguezFraile spent almost 67,000 on a 10second video artwork that he could have watched for free online. Last week, he sold it for 6.6 million. The video by digital artist Beeple, whose real name is Mike Winkelmann, was authenticated by blockchain, which serves as a digital signature to […]
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Central Banks will Happily Ignore InflationMongers

FRANKFURT Reuters The worlds biggest central banks will happily live with higher inflation and investors now aggressively betting on a quicker end to monetary stimulus are all but certain to be proved wrong. After a decade of underestimating inflation, central bankers in the United States, Europe and Japan have every reason keep money taps open […]
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China Says Domestic Competition Hurting Rare Earth Prices

Chinas rare earths, a group of 17 minerals used in military equipment and consumer electronics, are being undersold due to vicious competition domestically and face low resource utilisation, the countrys industry minister said on Monday. Prices for some rare earths in China, such as praseodymiumneodymium PrNd used in rare earth magnets have spiked to multiyear […]
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Oil Prices Jump as U.S. House Passes Huge Stimulus Bill

Oil prices rebounded more than 1 on Monday after the U.S. House of Representatives passed a huge stimulus package, although a slowdown in Chinas February factory activity growth capped gains. Brent crude futures for May rose 1.24, or 1.9, to 65.66 per barrel by 0718 GMT. The April contract expired on Friday. U.S. West Texas […]
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Australia, NZ dlrs Recover from Bond Market Tumult

SYDNEY, March 1 Reuters The Australian and New Zealand dollars recovered against the greenback on Monday after riskier currencies plunged late last week amid a global bond market selloff. The Aussie dollar was 0.69 higher at 0.7759, but still well bellow a threeyear high of 0.8007 hit on Feb. 25. The Kiwi dollar was 0.66 […]
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