08 December

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Analysis: In Singapore, a very different Davos takes shape

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By John Geddie and Aradhana Aravindan SINGAPORE (Reuters) - It's not only the weather that might come as a shock when the World Economic Forum moves from Davos, the Swiss ski resort after which it takes its informal name, to the tropical Southeast Asian city-state of Singapore in May. Against the backdrop of the COVID-19 pandemic, the annual gathering of world leaders,...

08 December

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Daily Briefing: Deadlines, deadlines

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By Danilo Masoni and Sujata Rao No post-Brexit deal yet. If indeed negotiators face a Wednesday deadline, less than 48 hours remain to iron out differences and avoid a chaotic start to 2021 for nearly $1 trillion worth of trade flows. Traders seem hopeful that face-to-face meetings between UK Prime Minister Johnson and EU Commission head van der Leyen can break the...

08 December

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British woman, 86, who lost husband to COVID is among first to get vaccine

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By Estelle Shirbon LONDON (Reuters) - An 86-year-old British woman, who lost her husband to COVID-19 in April, was among the first in the world to be offered the Pfizer/BioNTech vaccine against the virus on Tuesday and was looking forward to going shopping and taking the bus again. Gill Rogers last saw her husband in mid-March at the care home where he...

08 December

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UK supermarket sales up 10% in November, boosted by English lockdown – Nielsen

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LONDON (Reuters) - British supermarket sales increased by 10.1% in the four weeks to Nov. 28 year-on-year, with growth peaking at 13% in the week to Nov. 7, as shoppers prepared for England's second national lockdown, data from market researcher Nielsen showed on Tuesday. England's second lockdown to stem rising COVID-19 infections started on Nov. 5 and ran until Dec. 1. All...

08 December

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UK grocery sales hit record 10.9 billion pounds in November – Kantar

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LONDON (Reuters) - November was the largest month ever for the UK grocery market, with 10.9 billion pounds spent, as out of home eating and drinking was restricted by England's second national lockdown, industry data showed on Tuesday. Market researcher Kantar said grocery sales rose by 11.3% in the 12 weeks to Nov. 29 year-on-year and were up 13.9% year-on-year in the...

08 December

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Analysis: ‘Bond vigilantes’ relaxed on record-high debt as central banks rule

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By Sujata Rao and Dhara Ranasinghe LONDON (Reuters) - An explosion in crisis borrowing around the world has not yet given so-called "bond vigilantes" sleepless nights or spurred them to pick fights with all-powerful central banks. Global indebtedness, as predicted by the Institute of International Finance, is set to reach $277 trillion by...

08 December

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British grandma is first in world to get Pfizer vaccine outside trial

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LONDON (Reuters) - Margaret Keenan, a 90-year-old grandmother from Britain, has become the first person in the world to receive the Pfizer (NYSE:PFE) COVID-19 vaccine outside of a trial following its rapid clinical approval. An early riser, Keenan received the jab at her local hospital in Coventry, central England, on Tuesday morning at 0631 GMT, a week before she...

08 December

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Resilient European tech startups near record $41 billion investment, report

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By Douglas Busvine BERLIN (Reuters) - European tech startup investment has bounced back from the spring shock of the coronavirus outbreak and is on track to hit a record high this year, venture capital firm Atomico forecast. Venture backing for tech rebounded to a monthly record of $5 billion in September, putting a...

08 December

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Spain’s recovering rural rentals a sign of hope for Airbnb

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By Isla Binnie MADRID (Reuters) - During a surreal summer in Spain, Perla Requejo saw so much demand for the Atlantic coastal apartment she had been unable to rent on Airbnb during lockdown that she listed another and raised her daily rate. While bookings and rental rates have plummeted in Barcelona and Madrid,...

08 December

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UK regulator gives go ahead of 40 billion pound energy investment plant

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(Reuters) - British energy regulator on Tuesday gave the go-ahead for up to 40 billion pounds ($53.4 billion) in energy system spending by the country's network companies between 2021-2026. This included 30 billion pounds of upfront spending for the companies, in addition to 10 billion pounds in additional funding for future green energy projects. The major investment programme into Britain's energy infrastructure...

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Analysis: In Singapore, a very different Davos takes shape

Daily Briefing: Deadlines, deadlines

British woman, 86, who lost husband to COVID is among first to get vaccine

UK supermarket sales up 10% in November, boosted by English lockdown – Nielsen

UK grocery sales hit record 10.9 billion pounds in November – Kantar

Analysis: ‘Bond vigilantes’ relaxed on record-high debt as central banks rule

British grandma is first in world to get Pfizer vaccine outside trial

Resilient European tech startups near record $41 billion investment, report

Spain’s recovering rural rentals a sign of hope for Airbnb

UK regulator gives go ahead of 40 billion pound energy investment plant

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