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UPDATE 1-China forex reserves fell to $3.205 trln in Feb

By Reuters Staff (Adds details, background) BEIJING, March 7 (Reuters) - China’s foreign exchange reserves fell less than expected in February, official data showed on Sunday, due to valuation effects. The country’s foreign exchange reserves, the world’s largest, fell $5.677 billion to $3.205 trillion last month, compared with $3.200 trillion tipped in a Reuters poll of analysts and $3.211 trillion in January. Foreign inflows into Chinese stocks and bonds have been strong as China gallops...
Yingzhi Yang William Mallard Simon Cameron Moore Hallie Gu Thomson Reuters Trust Principles Ryan Woo William Mallard

China forex reserves fell to $3.205 trln in Feb

By Reuters Staff 1 Min Read BEIJING, March 7 (Reuters) - China’s foreign exchange reserves fell less than expected in February, official data showed on Sunday. The country’s foreign exchange reserves, the world’s largest fell to $3.205 trillion last month, compared with $3.200 trillion tipped in a Reuters poll of analysts and $3.211 trillion in January. (Reporting by Hallie Gu, Yingzhi Yang, and Ryan Woo; Editing by William Mallard)
William Mallard Yingzhi Yang Hallie Gu Thomson Reuters Trust Principles Ryan Woo Thomson Reuters Trust

UPDATE 1-Daily Mirror publisher reports 12.8% drop in full-year profit

* Publisher sees online growth, jump in registered users * Print circulation shows resilience (Adds CEO) LONDON, March 1 (Reuters) - News publishers benefit from tie-ups with Facebook and others but there needs to be more transparency about how such platforms operate, the CEO of Reach , the publisher of Britain’s Daily Mirror, said on Monday. Facebook’s recent media blackout in Australia illustrated the power wielded by tech companies and sent shockwaves through the news industry. “We wou...
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UPDATE 2-Commodity prices boost Anglo American in 2020 after COVID-19 hit

* Shares jump 4% * Buying interest in SAfrican coal assets (Adds shares, analyst quotes, Quellaveco timeline) LONDON, Feb 25 (Reuters) - Anglo American beat forecasts with a small fall in 2020 earnings and boosted its dividend after strong commodity prices helped the diversified miner recover from coronavirus disruptions in the first half of the year. The company’s shares were 4.5% higher in London at 1025 GMT, the second biggest gain on the benchmark FTSE 100. Anglo was the worst hit among i...
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Vodafone's vantage Towers announces intention to float

By Reuters Staff 1 Min Read LONDON, Feb 24 (Reuters) - Vantage Towers, the mobile infrastructure company spun out of Vodafone Group, on Wednesday announced its intention to float on the Frankfurt Stock Exchange by the end of March. Vodafone said it would sell a “meaningful minority” to create a liquid market in Vantage Towers’ shares. Reporting by Paul Sandle; editing by Sarah Young
City Of United Kingdom Paul Sandle Sarah Young Thomson Reuters Trust Principles Frankfurt Stock Exchange

UPDATE 2-Drillisch signs deals with D.Telekom, Telefonica Deutschland to advance 5G rollout

By Reuters Staff (Adds Telefonica Deutschland comment) BERLIN, Feb 15 (Reuters) - German independent telecoms firm 1&1 Drillisch said on Monday it had agreed to expand its fibre-optic partnership with Deutsche Telekom and accepted an improved national roaming offer from Telefonica Deutschland. The deals advance Drillisch’s plans to roll out a fourth 5G network in Germany, the subsidiary of United Internet said, and sent its shares and those of its parent sharply higher in early trading. Drill...
Markus Haas Ralph Dommermuth Jan Harvey Thomas Seythal Telefonica Deutschland Douglas Busvine

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