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Ireland at odds with EU Commission and member states over Covid quarantine – dpa international Ireland’s lockdown rules have meant cafes only serving take-away drinks and food for most of the past year (Simon Roughneen) DUBLIN A rare row brewed on Friday between the usually pro-EU Irish Government and the European Commission, over Dublin forcing arrivals from five European Union member states to quarantine in hotels. Responding to criticism from the commission, Ireland’s Justice Minister Helen McEntee told broadcaster RTÉ the measures are “proportionate and reasonable.” Last month Ireland imposed mandatory hotel quarantine for arrivals, including returning Irish, from countries regarded as hard-hit by the pandemic. ....
Global equity markets rose to a fresh record high. New Delhi: The BSE and NSE will remain closed on Wednesday on account of Babasaheb Ambedkar Jayanti. Stock markets regained footing on Tuesday after the previous session s massive selloff, tracking renewed buying interest in financial, bank and auto counters amid firm global cues. Building on a positive start, the 30-share BSE Sensex gained momentum in late-afternoon trade to close 660.68 points or 1.38 per cent higher at 48,544.06. On similar lines, the broader NSE Nifty surged 194 points or 1.36 per cent to finish at 14,504.80. M&M was the top gainer in the Sensex pack, rallying 8.02 per cent, followed by Bajaj Finserv, Bajaj Finance, Maruti, IndusInd Bank, ICICI Bank, ONGC and Axis Bank. ....
3/1/2021 12:49:17 PM GMT Overview: Equities and bonds jump back. Most Asia Pacific markets advanced 1.5-2.5% after the regional MSCI benchmark dropped 3.65% before the weekend and 5.3% last week. The recovery in European stocks was even more impressive. The Dow Jones Stoxx 600 was up around 1.55% near midday, recouping the pre-weekend loss in full and making a gallant effort to recoup last week s 2.4% loss. US shares are trading higher, and the futures benchmarks are up 1.0%-1.4%. While the US 10-year yield is firm at 1.43%, yields have fallen elsewhere. Benchmark yields are 4-7 bp lower in Europe. The markets await the ECB report to confirm it stepped up its bond-buying efforts last week. Australia s 10-year yield plummeted nearly 25 bp following the central bank s aggressive purchase today. New Zeland s 10-year yield fell 17 bp. The dollar is back to the fulcrum among the major currencies. The dollar-bloc, Norwegian krone, and sterling trade higher, wh ....
Premium Analysis Most Asia-Pacific airlines have been pursuing aircraft delivery delays in response to the COVID-19 crisis. Although several airlines acted quickly and secured deferrals relatively early in the pandemic, some important negotiations have occurred more recently. These latest arrangements highlight the differing approaches to deferrals being taken by the region’s airlines. Korean Air and Singapore Airlines are recent examples of airlines making substantial deferrals to push back spending commitments while also preserving their long term fleet renewal strategies. The major Japanese airlines, however, are only making minimal postponements. The independent LCCs are generally trying to spread out their vast numbers of deliveries while some, such as IndiGo, are taking their aircraft as scheduled. ....
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