The S&P 500 hits a new record high on positive U.S. jobs numbers and redundancies fall to a two-decade low. Bank of England Governor Andrew Bailey tells CNBC that policy will be modestly tightened over the next few years as the balance sheet is reinforced to weather any future crises. In the U.S., President Biden signs an executive order calling for at least 50 per cent of all American cars and trucks to be electric by 2030. In South Korea, mobile-only lender Kakaobank has listed to become the country’s biggest retail bank. 

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