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Asia Markets Mostly Up on Hope for Biden Recovery Agenda

Asian investors pushed markets higher again Wednesday as they await the swearing-in of Joe Biden, while they have taken heart from comments by Treasury nominee Janet Yellen as she looks to push through the new president's stimulus proposals.

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Eurozone Banks Tighten Lending Conditions Further, Says ECB

Eurozone banks further tightened conditions for approving loans in the fourth quarter of 2020, a European Central Bank survey showed Tuesday, as a resurgence of Covid-19 clouded the outlook.

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Investors Eye Recovery as Most Asia Markets Rise, Yellen in Focus

Optimism about the global economic recovery and vaccine rollouts trumped ongoing concerns about soaring virus infections Tuesday with most Asian markets clocking up big gains.

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Cyprus' Key Tourism Industry Plunges 84% amid Virus

Cyprus went from record tourist arrivals in 2019 to one of its worst ever years, with visitor numbers plunging 84 percent amid Covid-19 restrictions, official data showed Monday.

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Disneyland Paris Postpones Re-Opening to April

Disneyland Paris, Europe's biggest tourist attraction, said Monday it now expects to reopen on April 2, seven weeks later than planned, because of the ongoing Covid-19 crisis.

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'Cardinal's Lady' to Face Vatican Embezzlement Trial

An Italian woman who worked as a consultant for disgraced Cardinal Angelo Becciu, a former top Vatican official, is facing an "imminent" trial for embezzlement, prosecutors said Monday. 

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Canada Clears Boeing 737 MAX to Fly Again

Canada's transport ministry said Monday it has approved the Boeing 737 MAX to fly again in this country starting on Wednesday, ending a nearly two-year grounding following two deadly crashes.

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European Stocks Steady amid Biden Stimulus Doubts

European stock markets steadied Monday amid doubts over the passage of U.S. President-elect Joe Biden's flagship stimulus policy.

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Hit by Pandemic, Eurozone Sees Ghost of the Debt Crisis

European governments fear the Covid-19 pandemic will punish the most fragile economies the hardest, widening gaps between EU member states and reviving memories of the eurozone debt crisis.

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Spain Court Drops Russia Tycoon Probe over Supermarket Buy

A Spanish court on Monday said it had dropped an investigation into Russian tycoon Mikhail Fridman's 2019 purchase of Spain's Dia supermarket chain.

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