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Bloomberg European stocks opened higher as investors looked past turmoil in vaccine rollouts towards the prospects for economic recovery in the region. The Stoxx 600 Index rose 0.4%, with virtually all sectors in the green, including travel and leisure shares which have erased their pandemic losses. Germany, France and Italy decided in a coordinated step to suspend the AstraZeneca Plc …

Bloomberg China Mobile Ltd. is considering an A-share listing after the country’s largest wireless carrier was removed from the New York Stock Exchange (NYSE) under a Donald Trump-era investment ban, according to people familiar with the matter. The state-owned firm has discussed the potential offering with advisers as it looks for new avenues to fund its 5G network development, said …

Dubai / WAM Dubai Land Department (DLD) has released the findings of its real estate bulletin, which reflected the flexibility of Dubai’s real estate sector since the beginning of 2021 and its adaptation to current circumstances related to the outbreak of Covid-19. According to real estate bulletin, titled, ‘Real Estate Updates,’ 3,036 new investors entered the market in January and …

Bloomberg Eskom Holdings SOC Ltd., which supplies almost all of South Africa’s power, said it’s undertaking long-overdue repairs at its facilities amid a high risk of nationwide outages, and it expects supply to improve later this year. The debt-stricken state utility has implemented electricity rationing — known locally as load-shedding — on 19 days so far this year after record …

Bloomberg China’s home prices grew at the fastest pace in six months in February, as a lower supply of projects during a holiday season added to a fear of missing out among buyers. New home prices in 70 major cities, excluding state-subsidised housing, rise 0.36% last month from January, when they gained 0.28%, National Bureau of Statistics figures showed on …

Bloomberg Singapore home sales fall in February after speculation about property curbs dampened buyer appetite. Purchases of new private apartments fall 60% to 645 last month, Urban Redevelopment Authority data showed on Monday. That compares with 1,632 in January, which exceeded a two-year high. Singapore’s property market rallied even amid the pandemic, seeing a spike among private apartments, shophouses and …

Bloomberg The Canadian dollar is outperforming all of its major peers this year, and several analysts see room for more gains as the economic recovery picks up, bolstering speculation about reduced stimulus. Data showing stronger-than-expected job growth in February provided the impetus for the loonie to climb to a three-year high, even as the US currency rises against the majority …

Bloomberg A SPAC backed by Martin Blessing, Commerzbank AG’s former chief executive officer (CEO), plans to list in Amsterdam and target investments in financial services and technology companies. The special purpose acquisition company, EFIC1, will seek to raise as much as $496 million and seek out companies in Europe, including the UK, according to a statement on Monday, confirming an …

Bloomberg Denmark’s central bank adjusted its toolbox to help it steer money market rates and ultimately the krone, which is pegged to the euro. The bank called the changes “technical” in nature, and “not intended to influence the level of the money market rates or the Danish krone,” according to a statement. The goal is to “ensure more stable money …

Bloomberg The European Central Bank (ECB) pledged to ramp up buying government debt in coming months in a bid to a contain rising bond yields that threaten to derail the region’s economic recovery. Policy makers expect purchases in the next quarter “to be conducted at a significantly higher pace than during the first months of this year,” according to a …