10 December

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Ex-French minister sneers at Amazon executive’s justification of tax bill

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By Mathieu Rosemain and Ardee Napolitano PARIS (Reuters) - An ex-French minister told the head of Amazon (NASDAQ:AMZN) France that he was "taking the piss" after the executive told a parliamentary committee that the company paid the French state 420 million euros ($508 million) in 2019 and had sales of 5.7 billion euros. "If a French company dared to do that, we...

10 December

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WATCH LIVE: ECB Press Conference

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Watch the webcast live from Frankfurt, as European Central Bank President Christine Lagarde explains the Governing Council's monetary policy decisions taken today and answers questions from journalists. This press conference, the last of troublesome 2020, is a widely anticipated event by investors. Follow it live, in English right here, right now. ...

10 December

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Central banks split on role of private sector in payments – survey

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By Tom Wilson LONDON (Reuters) - Central banks are split over whether to collaborate with the private sector in payments, a think-tank said on Thursday, underscoring questions over the role of finance and technology firms as they work on innovations such as digital currencies. Over half of central banks expect countries to work with the private sector in building and running payments...

10 December

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ECB Boosts Pandemic Stimulus With More Bond-Buying, Bank Loans

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(Bloomberg) -- The European Central Bank escalated its efforts to shield the euro zone from a possible double-dip recession with another burst of monetary stimulus to lock in low interest rates at least until the pandemic crisis is over. Policy makers increased and extended emergency bond purchases, and approved more more/cheaper long-term loans to...

10 December

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Factbox-Higher prices, traffic jams: likely impact of Brexit impasse on businesses

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(Reuters) - Britain told the European Union on Thursday that it must make significant concessions to break the impasse in Brexit trade talks to give some clarity about the finale to the five-year-old Brexit crisis. Any trade deal struck at this late stage before the Brexit transition ends on Dec. 31 is likely...

10 December

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Harking back to childhood, Britons mourn the decline of their high street

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By Phil Noble and Sonya Dowsett CHESTER, Britain (Reuters) - Browns department store has traded from pride of place on Eastgate Street in the northern English city of Chester since 1791, selling fashion, perfumes and afternoon tea to locals and tourists visiting the historic centre. But the future of the imposing columned building...

10 December

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Adobe Earnings, Revenue beat in Q4

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Adobe (NASDAQ:ADBE) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Adobe announced earnings per share of $2.81 on revenue of $3.42B. Analysts polled by Investing.com anticipated EPS of $2.67 on revenue of $3.36B. Adobe shares are up 46% from the beginning of the year and are trading at $484.00 , down-from-52-week-high.They are...

10 December

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AirBnB IPO, FDA & Pfizer, Jobless Claims, ECB and Brexit – What’s up in Markets

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By Geoffrey Smith Investing.com -- The European Central Bank is expected to announce fresh monetary stimulus, the FDA is set to approve Pfizer 's Covid-19 vaccine, jobless claims and CPI numbers are due, AirBnB starts trading after the second blowout IPO in as many days, and the Brexit can gets kicked another four days down the road. Here's what you...

10 December

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EU Commission says conditions for UK access to EU market still not there

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BRUSSELS (Reuters) - The European Union wants to give Britain access to its single market of 450 million consumers, the head of the European Commission Ursula von der Leyen said on Thursday, but conditions for that access must be fair and are still not met. "I had a very long conversation last night with (British) Prime Minster Boris Johnson. It was a...

10 December

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UK’s Centrica signs power purchase agreements with Finnish renewables developer

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OSLO (Reuters) - British utility Centrica (LON:CNA) has signed two long-term power purchase agreements (PPAs) covering 345 megawatts (MW) of capacity with Finnish renewables developer and fund manager Taaleri Energia, it said on Thursday. Under the first five-year deal starting with immediate effect, Centrica’s trading unit will offtake Taaleri’s power production from 13 Finnish renewables sites totalling 312 MW and...

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Ex-French minister sneers at Amazon executive’s justification of tax bill

WATCH LIVE: ECB Press Conference

Central banks split on role of private sector in payments – survey

ECB Boosts Pandemic Stimulus With More Bond-Buying, Bank Loans

Factbox-Higher prices, traffic jams: likely impact of Brexit impasse on businesses

Harking back to childhood, Britons mourn the decline of their high street

Adobe Earnings, Revenue beat in Q4

AirBnB IPO, FDA & Pfizer, Jobless Claims, ECB and Brexit – What’s up in Markets

EU Commission says conditions for UK access to EU market still not there

UK’s Centrica signs power purchase agreements with Finnish renewables developer

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