Ivory Coast votes for parliament as Ouattara opponents join forces

6/6 © Reuters. People wait for the opening of a polling station during the legislative election in Abidjan 2/6 By Ange Aboa and Loucoumane Coulibaly ABIDJAN (Reuters) – Ivory Coast voted on Saturday in a legislative election, with President Alassane Ouattara’s allies facing a combined challenge from opposition parties led by two of his predecessors. […]

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Top finance trade groups join calls for U.S. carbon pricing

By Ross Kerber (Reuters) – Major U.S. financial trade groups on Thursday joined calls for some type of carbon pricing in the United States, underscoring the growing corporate enthusiasm for steps to slow the pace of climate change. “For markets to function you’ve got to have a price on carbon,” said Tim Adams, president of […]

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Wall Street Week Ahead: Small caps join market rally but pandemic could derail them

© Reuters. FILE PHOTO: People wearing protective face masks walk outside New York Stock Exchange in New York By David Randall NEW YORK (Reuters) – U.S. small caps joined in the broad market rally in the days after Election Day as investors priced in the likelihood of a divided Washington with Democrat Joe Biden president […]

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French, Dutch join forces to urge EU to show teeth on trade

2/2 © Reuters. FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels 2/2 By Michel Rose PARIS (Reuters) – France and the Netherlands have joined forces to urge the European Union to enforce environmental and labour standards more forcefully with countries the bloc signs trade deals with, according to a document […]

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More UK banks join scheme to help virus-hit small firms

© Reuters. The spread of the coronavirus disease (COVID-19) in London (Reuters) – Britain has approved four new lenders to offer government-backed loans to struggling small businesses damaged by the coronavirus outbreak, under the multi-billion pound Coronavirus Business Interruption Loan Scheme (CBILS). The four banks – Co-operative, Cynergy, OakNorth and Starling – join more than […]

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Russian producers ready for oil output cuts if US and Saudi also join in – report

Bloomberg reports, citing five people familiar with the matter The report says that Russia is ready to agree to oil output cuts together with Saudi Arabia and other major producers in a bid to try and halt the decline in oil prices. The sources cited say that Russian producers are ready for coordinated action, although […]

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