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Global stocks rally with oil on Covid vaccine progress

Bloomberg Global stocks, US equity futures and oil advanced as AstraZeneca Plc said its vaccine prevented most people from developing Covid-19. Energy and banking shares led markets higher in Europe, while South Korea’s stocks hit a record. Credit Agricole SA climbed 4.2% after agreeing to buy an Italian lender Credito Valtellinese for about 737 million euros ($875 million). Vaccine announcement ...

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Emerging markets set to outperform all in 2021: Goldman

Bloomberg It may come down to another pharmaceutical breakthrough to set the tone for emerging markets headed towards 2021. Developing-nation stocks, currencies and bonds rose for a third week in the five days through Friday, and Asian markets opened strongly on Monday, as the prospect of a coronavirus vaccine roll-out in the months ahead outweighed concern that rising infections would ...

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Abu Dhabi reports positive signs of tourism recovery

Abu Dhabi / WAM The Department of Culture and Tourism Abu Dhabi has announced significant increase in revenues from tourism activity in the capital in the third quarter of 2020. Findings from its quarterly industry development committee meeting revealed promising signs of sector recovery, as well as a glimpse into future projects and plans to boost tourism in the emirate. ...

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