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U S money market funds see heavy inflows for second week: Lipper

By Reuters Staff 2 Min Read (Reuters) - U.S. money market funds saw strong demand for the second week in a row as concerns over higher U.S. bond yields and rising COVID-19 cases in Europe sent investors to safer avenues. FILE PHOTO: U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011. REUTERS/Lee Jae-Won The prospect of losses for U.S. banks, following hedge fund Archegos Capital’s default on margin calls, also had market participants concerned. U.S. money market funds received a net $50.35 billion in the week to March 31, after an over $60 billion inflow in the previous week, data from Refinitiv Lipper showed.

EXCLUSIVE-Canada eyes tighter rules for grow-your-own pot producers

3 Min Read March 8 (Reuters) - Canada’s health regulator will launch a public consultation program on Monday in its draft guidance for individuals growing medical cannabis at home, hoping to clamp down on people selling weed on the black market. In the draft document sent to some industry figures and seen by Reuters ahead of publication, Health Canada highlights recent police raids and arrests at production sites where people were using licenses to “cover and support large-scale illegal production and sale”. The move also comes as Health Canada tries to set right a relatively unstable official market, where illegal sales are one factor undermining the business plans of the dozens of producers and distributors set up over the past five years.

RPT-COLUMN-Prolonged OPEC+ output cuts will confirm bearish outlook: Russell

GRAPHIC - OPEC+ global oil market balances: tmsnrt.rs/2OcRNf8 LAUNCESTON, Australia, April 1 (Reuters) - What a difference a month can make for markets trying to guess which way the OPEC+ group of oil exporting nations will take their output policy. A month ago, the broader market largely expected the group, made up of OPEC and key allies including Russia, to increase crude production to cool sharply rising oil prices. Instead, the group held its output cuts at around 7 million barrels per day (bpd) for another month, extending them into April. The market’s surprise was compounded by what was probably its incorrect reading of the move and subsequent price action.

Lockdown baby death: Auckland dad admits manslaughter of his crying 3-month-old daughter

Lockdown baby death: Auckland dad admits manslaughter of his crying 3-month-old daughter 16 Mar, 2021 09:40 PM 3 minutes to read Warning: graphic content. A frustrated Auckland father who could not settle his crying 3-month-old daughter has admitted striking her about the head, pleading guilty to manslaughter. Jerome Dean, 22, appeared in the High Court at Auckland today, telling those in the room he wanted to take responsibility for his actions. He entered a guilty plea to culpable homicide not amounting to murder before Justice Sally Fitzgerald. Advertisement The country was in an alert level 4 lockdown at the time in a bid to combat Covid-19.

ARMYs fume over BTS Bruisers violent graphic by Garbage Pail Kids after Grammy snub

ARMYs fume over ‘BTS Bruisers’ violent graphic by ‘Garbage Pail Kids’ after Grammy snub Entertainment ARMYs fume over ‘BTS Bruisers’ violent graphic by ‘Garbage Pail Kids’ after Grammy snub  ARMYs are livid with a recent smear campaign poster and this recent act of alleged aggression proves no one can mess with their beloved BTS. For those unversed, the Garbage Pail Kids are a satirical group dealing in collection of posters featuring Hollywood hotshots like Stunning Stallion, Buoyant Billie, Lars Mars, Wild Styles, UF Bruno, Harry Boa, Bopping K-pop, Taylor Turf, Tree Swift etc. While the rest of their pieces were pleasantly received the BTS Bruisers sent loyal ARMYs over the edge and many started to take action, straight with the source.

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