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US consumer sentiment surges to one-year high

Bloomberg US consumer sentiment improved in early March by more than forecast, reaching a one-year high as more vaccinations and fiscal relief boosted optimism in the economic outlook. The University of Michigan’s preliminary sentiment index jumped to 83 from 76.8 in February, data showed. The figure exceeded the median projection of 78.5 in Bloomberg’s survey of economists. “The data indicate ...

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UK’s Johnson seeks new green homes strategy after policy stalls

Bloomberg UK Prime Minister Boris Johnson is working on a major overhaul of one of his government’s most important climate change policies after it failed to deliver. With a budget of 2 billion pounds ($2.8 billion), the Green Homes Grant program launched in September to provide vouchers for homeowners to help pay for insulating their properties and switch to low ...

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Apple could hit $3trn market valuation

Bloomberg Apple Inc.’s stock could reach a market capitalisation of $3 trillion, analysts say, citing the development of the Apple Car as well as high expectations for the next iPhone. Citigroup Inc. and Wedbush see potential for the tech giant to hit the milestone, an increase that implies an almost 50% surge from last week’s close. With a market cap ...

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