Police Say Nobody Behind Wheel In Tesla Texas Crash That Left Two Dead
No one was driving the Tesla which crashed into a tree and burst into flames killing two men inside the vehicle, according to CNBC. Local police said the preliminary investigation...
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U.K. Looks Into Central Bank-Backed Digital Currency ‘Britcoin’
The United Kingdom is launching a taskforce to look into the potential for a "Britcoin" or central bank-backed digital currency, Reuters reported. British finance minister Rishi Sunak told the Bank...
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Citi To Set Up New Investment, Trading Operations In China In Next 18 Months
Citigroup Inc. plans to put up new investment banking and trading operations in China after its retail banking exit in the market, according to Bloomberg. Citi plans to submit an...
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China Likely To Approve First Foreign COVID-19 Vaccine In Next Three Months
China is expected to give clearance to its first foreign COVID-19 vaccine before July, the WSJ reported. Officials are reviewing clinical trial data for Germany's BioNTech SE which may be...
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Volkswagen Global Sales Rebound In March
Sales of car maker Volkswagen rebounded in March from the sharp drop the same month last year due to the COVID-19 pandemic, MarketScreener reported. The German firm reported a 53%...
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Net Zero Emissions Achieved: Facebook to Buy Renewable Energy From India’s CleanMax
Social media giant Facebook inked a deal to buy renewable energy from an Indian firm's wind power project, according to Reuters. The agreement is Facebook's first deal of such sort...
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Bank Of America Doubles Net Income To $8.1 Billion
The Bank of America doubled its net income in the first three months of the year as credit costs improved, the lender said in a statement. Net income rose to...
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Richard Branson Unloads $150 Million Worth Of Virgin Galactic Stock
Virgin Galactic Founder Sir Richard Branson sold over $150 million worth of the company's stock over the past three days, according to CNBC. Branson and four entities he controls including...
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Banks to Boom as They Unleash Rainy-Day Reserves
Banks are expected to release some of the rainy-day money they set aside after the COVID-19 pandemic hit to boost their first-quarter profits, the WSJ reported. Analysts expect banks to...
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U.S. Health Regulators Urge Pause In J&J Vaccination
Health regulators in the United States recommended a temporary halt in the use of Johnson & Johnson's COVID-19 vaccine due to reported blood clot cases, the WSJ reported. The announcement...
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Corporate Real Estate Sales Maintain Record Pace Amid COVID-19 Pandemic
Companies are selling their real estate at the fastest pace ever as they shore up their balance sheets battered by the COVID-19 pandemic, Bloomberg reported. Broker Jones Lang LaSalle Inc....
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Airbus Shares Soar As Deliveries Ascend In March
Airbus SE stepped up deliveries in March to bring first-quarter figures higher than the same period last year and shares higher, Reuters reported. Airbus posted 39 gross orders in the...
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