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Retail turnover rises 0 6% in January: Australia

Robinhood, hedge fund chiefs face irate questions at GameStop hearing

5 Min Read WASHINGTON/BOSTON/NEW YORK (Reuters) - Tension, irate questions, people talking over one another, and a cat photo. Thursday’s five-plus hour U.S. congressional hearing on GameStop had all of that, as top hedge fund managers, the head of Robinhood, and Roaring Kitty himself answered a barrage of questions over who was at fault in January’s trading frenzy. GameStop rose more than 1,000% during two weeks as retail traders using the Reddit platform encouraged each other to pile in, socking it to hedge fund managers who were short the stock - a bet GameStop would fall. The trade deflated, however, after online brokerage Robinhood and several other brokers controversially restricted buying GameStop’s shares - leaving retail investors frustrated but capping the losses for the hedge funds.

Retail recovery remains uneven despite increase in January trade

Second branch of retail pharmacy opened in KTH

Second branch of retail pharmacy opened in KTH Peshawar February 19, 2021 PESHAWAR: The second branch of the retail pharmacy was inaugurated at the Khyber Teaching Hospital (KTH) on Thursday. Member Board of Governors (BoG) Sabur Sethi along with Chairman BoG Prof Dr Nadeem Khawar, Chief Executive Medical Teaching Institute (MTI) KTH, KMC and KCD and Dean KMC Prof Dr Mahmud Aurangzeb, Hospital Director Prof Dr Roohul Muqim and Medical Director Prof Dr Amir Azhar inaugurated the pharmacy. The retail pharmacy would facilitate the patients of medical and surgical intensive care units and operation theaters. The first branch of the retail pharmacy is already functional at the hospital, which sells medicines, surgical products at retail price less than the market, said a press release.

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