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London remains the top global financial centre, according to a study from its own financial district, but is outgunned by New York and Singapore in access to talent, while Paris is adding competition from the European Union.

U.S. economic growth likely accelerated in the fourth quarter as businesses replenished depleted inventories to meet strong demand for goods, helping the nation to log its best performance in nearly four decades in 2021.

In 2021, the profit of China's industrial enterprises achieved faster growth boosted by the high-tech manufacturing industry, as the economy continued to recover steadily due to the government's efforts to stimulate the vitality of industrial enterprises and promote high-quality development, an official from National Bureau of Statistics (NBS) said.

The acquisition would help UBS advance its growth strategy in the US, widen its reach among high-net-worth investors and expand its capabilities.

The Philippine economy expanded faster than expected in the fourth quarter of 2021, with consumer spending picking up as the Covid-19 infection rate slowed ahead of the Christmas holidays.