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Italy extends ban on movement between regions

Bloomberg Italian Prime Minister Mario Draghi has extended a ban on movement between the country’s 20 regions for another month — until late March — as his new government tries to step up a vaccination campaign to counter the pandemic. A cabinet meeting chaired by Draghi prolonged travel curbs between regions until March 27 and maintained a 10 p.m. curfew, ...

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Bond yields surge, stocks dip as metals push higher

Bloomberg The bond selloff continued on Monday as Treasury yields climbed and sovereign debt in Australia and New Zealand slid on concerns about faster inflation, tempering stock market optimism from positive vaccine news. Ten-year Treasury yields climbed to the highest in about a year and an Asian stock gauge turned lower amid a surge in metals that put the focus ...

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Sasol calls off $2b share sale, profit more than triples

Bloomberg Sasol Ltd., the South African chemicals and fuel maker, called off a potential $2 billion share sale and announced first-half profit more than tripled. The shares jumped to the highest in a year. The company said it has raised enough cash through asset disposals and cost savings to reduce debt and avoid a rights offer. “A decision was made ...

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