SHANGHAI (Reuters) – As U.S. investors dump shares in Chinese companies blacklisted by outgoing President Donald Trump, bargain hunters in China are taking the opposite side of that trade, wagering that a Joe Biden presidency will reverse the …
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The U.S. Department of Energy has selected John Hairston, a three-decade veteran at the Bonneville Power Administration, as the federal power marketing agency’s new administrator and chief executive. Hairston has been the acting administrator and CEO …
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The vaccine developed by Pfizer Inc. and BioNTech SE may offer some protection against a mutation in the new fast-spreading variants of the coronavirus that have emerged from the U.K. and South Africa, according to a recent study. The study, by …
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TOKYO (Reuters) -Oil prices on Friday hit 11-month highs and were on track for a strong weekly gain as a rally in global equities fed risk appetite and stoked bullish sentiment following Saudi Arabia’s pledge to cut output. FILE PHOTO: General view of oil …
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MSCI Inc. will remove China’s three major telecommunications companies from its indexes on Friday, giving global funds just one day to adjust billions of dollars of passive investments. The index provider’s decision to cut China Mobile Ltd., China Telecom …
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