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LONDON (Reuters) – The European Union will have a “Plan B” that relocates clearing of euro-denominated derivatives from London to the bloc if it decides against long-term access for Britain, a top EU regulator said on Wednesday.

The London Stock Exchange’s

LCH unit has been given EU permission, known as equivalence, to continue clearing derivatives for customers in the bloc for 18 months after Dec. 31, when Britain’s Brexit transition arrangements expire. ICE

and the London Metal Exchange has similar permission.

LCH clears the vast majority of euro-denominated swaps, an activity core to London’s role as a global financial centre and which EU has long wanted to be in the bloc.

Long-term EU access for UK clearers would partly hinge on good relations between its regulator, the European Securites and Markets Authority (ESMA), and the Bank of England, the home regulator for LCH.

“Equivalence assumes good cooperation and we work

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New study findings from Allianz Life indicate SECURE Act driving strong interest in lifetime income options in retirement, particularly among nervous Gen Xers

Key findings snapshot:

  • 71% of employer-sponsored participants would like an option that offers guaranteed income for life in their plan

  • 75% of Gen Xers expressed interest in protection options as part of their employer-sponsored plan

  • 55% of participants are worried that money in their employer-sponsored plan will run out during retirement, with 69% of Gen Xers expressing the same concern

Americans with employer-sponsored retirement plans continue to express high levels of interest in guaranteed lifetime income options according to a recent study* from Allianz Life Insurance Company of North America (Allianz Life). The findings indicate that 71% of participants in an employer-sponsored plan would like an option that offers guaranteed income for life in their plan, while 58% said they would like an annuity as part of

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The data is very clear. According to a study reported by Small Business Trends, entrepreneurs who have business plans are twice as likely to obtain capital and more likely to grow than entrepreneurs who do not.

But the biggest benefit of a business plan is the thinking you’re forced to do while creating it. You will get new ideas that will make your business even better. You will figure out ways to overcome potential obstacles along the road to startup. You will identify alternate routes you can take if things don’t work out quite as you expected.

This is the fourth in a series of columns that provide several helpful business topics for the new small business. It is based on one of SCORE’s recent projects developed with the help of and in partnership with FedEx. This project is called “Startup Roadmap” and outlines every step in starting a business.

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All investors want to make as big a return as they can from the stock market. Alongside time in the market and costs incurred, the percentage return achieved is one of the biggest contributors to growing your money. If you want to generate wealth through the stock market, you need to improve your performance and your returns. I’m aiming to make returns of 25% a year from income and growth shares.



a person holding a cup of coffee on a table: Image of person checking their shares portfolio on mobile phone and computer


© Provided by The Motley Fool
Image of person checking their shares portfolio on mobile phone and computer

Pick quality income and growth shares 

To have any chance of reaching the ambitious target of 25% annual growth, I’ll need to pick quality shares. I think one way to do this is to look at shares that currently combine both income and growth. I’ll want to see that a company has a history of being able to consistently increase dividend

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“The pandemic has created financial challenges for many individuals and families who are struggling with rent payments,” Baker said in a statement. “This strategy has been designed to be user friendly and easily accessible for tenants and landlords in need.”

The move comes as Massachusetts’ strictest-in-the-nation ban on evictions is set to expire Saturday. That measure, which blocks nearly all evictions during the COVID-19 pandemic, has likely forestalled thousands of evictions since lawmakers passed it, as the state’s economy has shed more than 400,000 jobs since March. But it has drawn mounting complaints from landlords, who say it forces them to provide housing essentially for free, and the federal judge hearing a lawsuit challenging the ban said last month that he’d likely overturn it if it goes on much longer.

But the rental crisis, many housing advocates warn, is nowhere near over. And if Baker hopes to blunt it, they

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  • Senate Majority Leader Mitch McConnell said Senate Republicans would vote on “targeted relief” with a focus on small business aid later this month.
  • “Our first order of business will be voting again on targeted relief for American workers, including new funding for the PPP,” McConnell said in a statement.
  • The statement carried few specifics and it was unclear whether the proposal would contain federal unemployment benefits or $1,200 direct payments for taxpayers.
  • Trump is increasing his calls for another large stimulus package ahead of the election, and it may put the president and Senate Republicans on a collision course.
  • Visit Business Insider’s homepage for more stories.

Majority Leader Mitch McConnell announced on Tuesday the Senate will vote on a “targeted relief” plan for people with an emphasis on small business aid shortly after they reconvene later this month. But that may put Senate Republicans on a collision course with President

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(Bloomberg) — Ireland’s government unleashed a record package of budget measures to counter the dual threats of Brexit and the pandemic, as new restrictions threaten to derail a nascent economic recovery.



a group of people walking on a city street: Shoppers walk along Donegall Place in view of the Belfast City Hall in Belfast, Northern Ireland, U.K., on Friday, Jan. 3, 2020. Nationalists who want to bring the island of Ireland together made advances in the U.K. general election while unionist parties that want to remain in the U.K.lost their majority. Brexit may have blurred the lines between political tribes in the U.K., but in Northern Ireland it's entrenched them even more.


© Bloomberg
Shoppers walk along Donegall Place in view of the Belfast City Hall in Belfast, Northern Ireland, U.K., on Friday, Jan. 3, 2020. Nationalists who want to bring the island of Ireland together made advances in the U.K. general election while unionist parties that want to remain in the U.K.lost their majority. Brexit may have blurred the lines between political tribes in the U.K., but in Northern Ireland it’s entrenched them even more.

Speaking to lawmakers in Dublin on Tuesday, Finance Minister Paschal Donohoe said the entire 2021 budget package is worth close to 18 billion euros ($21.2 billion), with most being earmarked for a fund to deal with the virus and Brexit, more health spending and other

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DUBLIN–(BUSINESS WIRE)–Oct 9, 2020–

The “MVNO Business Plan with Financial Modeling Spreadsheet 2020” report has been added to ResearchAndMarkets.com’s offering.

This is a full business plan based on the launch of an illustrative Mobile Virtual Network Operator (MVNO) known as Contendus

The plan covers all aspects of the company launch plan including market assessment, funding requirements, financial analysis, market segmentation, and product differentiation. Also included is a go-to-market plan, distribution and replenishment plans, comparison of MVNO’s and more. The major benefit of this report is to assist in the development of an MVNO launch and to help validate existing plans.

MVNO Business Plan Financial Modeling Spreadsheet

This detailed, working Excel spreadsheet provides pro-forma information for a five-year projection based on assumptions for Contendus. The spreadsheet provides both data points for analysis as well as a format for modeling your own parameters for a financial assessment of your MVNO Business plan.

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With help from Doug Palmer, Ximena Bustillo, Mark Scott, Eric Wolff and Barbara Moens.

Editor’s Note: Weekly Trade is a weekly version of POLITICO Pro’s daily Trade policy newsletter, Morning Trade. POLITICO Pro is a policy intelligence platform that combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro.

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Former Vice President Joe Biden hopes his “Buy American” plan will win him union votes in the Midwest, even if free trade advocates say it’s not good policy.

Leaders at the Organization for Economic Cooperation and Development are warning of a trade war over digital services taxes after a global deal for taxing Amazon, Google and others was pushed to next year.

And the White House this weekend said it would keep tariffs on imported solar panels higher than expected, setting

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Duke Energy Corp. DUK recently unveiled its long-term investment plan along with increasing its current five-year capital target and clean energy projections at the company’s inaugural environmental, social and governance (ESG) day. This comes at a high time when a handful of Utilities across the board are steadily ramping up their carbon-dioxide (CO2) emission reduction goals.

The company now forecasts that its current five-year capital plan will increase by about $2 billion to approximately $58 billion.

Details of the Long-Term Plan

Duke Energy’s recently-announced plan includes acceleration of coal plant retirements in addition to the 50 coal units with capacity worth more than 6,500 megawatts (MW), which it already retired since 2010. The company aims to retire all coal-only units in the Carolinas and reduce methane emissions in its natural gas business to netzero by 2030.

In terms of promoting clean energy, the company now targets to bring its regulated

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