Reports

Persimmon reports ‘robust trading’ and hails UK’s resilient housing market | Jessica Clark

www.cityam.com | Persimmon, the UK’s greatest housebuilder, mentioned the nation’s property market had remained “resilient” regardless of the affect of the coronavirus pandemic. The FTSE 100 agency reported that buying and selling was “strong” in 2020, though income and new dwelling …

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Sika reports FY sales up 3.4% in local currencies | Yahoo Finance

Sika shrugged off the COVID-19 pandemic to report a 3.4% improve in native foreign money gross sales throughout 2020, the Swiss building chemical compounds maker mentioned on Tuesday. Nonetheless, the stronger Swiss franc led to a 2.9% decline in annual reported gross sales to 7.88 billion Swiss francs ($8.85 billion) on the firm whose merchandise are used to strengthen and waterproof concrete flooring, partitions and roofs. ($1 = 0.8908 Swiss francs)

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Breakingviews – Becoming a bank would shrink but not squash Ant

www.reuters.com | … the impression of the principles, maybe by specializing in distributing funding merchandise. However whereas rules gained't squash Ant, they’ll definitely shrink it.

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Fed sees rising bond yields, inflation expectations as a possible win | Jonnelle Marte, Ann Saphir, Howard Schneider

A current rise in U.S. bond yields and market inflation expectations have bolstered Federal Reserve officers’ hopes the central financial institution’s new financial coverage strategy is taking maintain and could possibly be additional buoyed if a Democratic-led Congress rolls out extra spending.

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