09 December

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StockBeat: Just When You Thought It Was Safe to Get Back in the Water

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By Geoffrey Smith Investing.com -- The marketing slogan “Just When You Thought It Was Safe to Get Back Into the Water” was perhaps the only memorable thing about the dismal sequel to Steven Spielberg’s classic “Jaws”. It may be coming back to the minds of investors reading headlines about the vaccine developed by Pfizer (NYSE:PFE) and BioNTech (NASDAQ:BNTX) this morning....

09 December

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U.K. Says Those With Severe Allergy Shouldn’t Get Pfizer Vaccine

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(Bloomberg) -- People with a significant history of allergies should not currently receive the Covid-19 vaccine from Pfizer Inc. (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX), the U.K.’s National Health Service said, after two people experienced reactions from the shots. The warning on Wednesday, came a day after the U.K. became the first western nation to begin a Covid vaccination program,...

09 December

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Two reports of allergic reactions on first day of vaccine rollout – UK medical regulator

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LONDON (Reuters) - Two allergic reactions were reported on the first day of the rollout of the Pfizer (NYSE:PFE) COVID-19 vaccine, the head of Britain's medicine regulator said on Wednesday. "Last evening, we were looking at two case reports of allergic reactions. We know from the very extensive clinical trials that this wasn't a feature," June Raine, Chief Executive of...

09 December

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Stock market bull run continues, sterling faces Brexit test

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By Stanley White TOKYO (Reuters) - Asian shares rose to a record high and U.S. stock futures gained on Wednesday as investors tracked positive news on COVID-19 vaccines and ongoing efforts to launch more fiscal stimulus. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.65%. At one point the index reached 647.78,...

09 December

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Twitter, Tumblr, Vimeo push back against EU rules on illegal online content

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By Foo Yun Chee BRUSSELS (Reuters) - Twitter and three other U.S. tech companies have urged the EU to take a flexible approach towards harmful and illegal online content instead of blanket rules requiring takedown, saying this would preserve an open internet. U.S. internet media group IAC/InterActiveCorp-owned online video platform Vimeo, nonprofit browser maker Mozilla and Automattic, owner of online publishing tool...

09 December

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Analysis: How high can you go? Wall Street exuberance makes some uneasy

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By Lewis Krauskopf NEW YORK (Reuters) - Optimism is surging among U.S. stock investors, as Wall Street indexes hit records at the end of a year marred by a global pandemic that sent the U.S. economy into a tailspin. Investors have lowered cash reserves and poured money into stocks following breakthroughs on COVID-19 vaccines, expectations of more fiscal stimulus and less...

09 December

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Australian cave blast inquiry urges Rio Tinto to negotiate restitution

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By AUSTRALIA-MINING-INDIGENOUS MELBOURNE (Reuters) - Mining giant Rio Tinto (LON:RIO) should negotiate a restitution package with the First Nations group of Indigenous Australians affected by its legal destruction of two ancient rockshelters to expand an iron ore mine, an inquiry panel said on Wednesday. The panel released an interim report in which it also recommended that Rio Tinto...

09 December

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Stagecoach half-year earnings plunge 99% during pandemic

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LONDON (Reuters) - Stagecoach, the UK's biggest bus and coach operator, posted a 99% plunge in earnings due to the pandemic stopping people travelling plus the expiry of previous contracts in the six months to Oct. 31. The transport operator has received government support since March, but that primarily helps it to cover the cost of running buses whose capacity is restricted...

09 December

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European Stock Futures Higher; Brexit Talks in Focus

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By Peter Nurse Investing.com - European stock markets are seen opening higher Wednesday, helped by small signs of progress in Brexit talks and continued confidence in the Covid-19 vaccine rollout ahead of this week’s ECB policy meeting. At 2:10 AM ET (0710 GMT), the DAX futures contract in Germany traded 0.2% higher, CAC 40 futures in France climbed 0.5% and the FTSE 100...

09 December

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Daily Briefing: The Last Supper

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By Danilo Masoni and Saikat Chatterjee British Prime Minister Boris Johnson is awaited in Brussels for crisis talks over dinner with European Commission President Ursula von der Leyen in what is seen as a last-ditch attempt to avoid a tumultuous no-trade deal Brexit in three weeks' time. With the pound hovering just one percent below a May 2018 high reached last week...

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StockBeat: Just When You Thought It Was Safe to Get Back in the Water

U.K. Says Those With Severe Allergy Shouldn’t Get Pfizer Vaccine

Two reports of allergic reactions on first day of vaccine rollout – UK medical regulator

Stock market bull run continues, sterling faces Brexit test

Twitter, Tumblr, Vimeo push back against EU rules on illegal online content

Analysis: How high can you go? Wall Street exuberance makes some uneasy

Australian cave blast inquiry urges Rio Tinto to negotiate restitution

Stagecoach half-year earnings plunge 99% during pandemic

European Stock Futures Higher; Brexit Talks in Focus

Daily Briefing: The Last Supper

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