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Nestle to invest 3.2 billion Swiss francs to cut carbon emmissions

ZURICH (Reuters) - Nestle said on Thursday it plans to invest 3.2 billion Swiss francs ($3.58 billion) over the next five years to reduce its climate impact and help it get to net zero emmissions by 2050. The world's biggest food company said it would work with farmers and suppliers to promote regenerative agriculture, plant hundreds of millions of trees, and switch...

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UK Stocks-Factors to watch on Dec 3

Dec 3 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 14 points lower at 6,449 on Thursday, according to financial bookmakers. ASTRAZENECA: AstraZeneca Plc AZN.L will likely get results of its U.S. COVID-19 vaccine trial in late-January and could potentially file for an emergency authorization, the chief adviser for the U.S. government's Operation Warp Speed program said on Wednesday. GOLD: Gold...

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Siemens Gamesa fired India exec over lack of due diligence in consultancy dealings -documents

By Sudarshan Varadhan CHENNAI (Reuters) - Siemens Gamesa Renewable Energy (OTC:GCTAY)'s India unit fired a top executive after an internal investigation found he failed to conduct appropriate due diligence when engaging a consultancy with political connections, court filings seen by Reuters showed. The unit's former chief operating officer and chief financial officer, R. Venkatesh, disregarded corporate governance processes when dealing with UAP...

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Powell Says No Rush to Taper Bond Purchases, Mum on Doing More

(Bloomberg) -- The Federal Reserve is in no hurry to taper its massive bond buying program, Chair Jerome Powell said Wednesday, though he didn’t signal that the U.S. central bank was ready to ramp it up either. “Our priority remains supporting the economy until we are really well through this,” Powell told the House Financial Services Committee Wednesday, stressing the central bank’s determination...

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Japan may ban sale of new gasoline-powered vehicles in mid-2030s – media

TOKYO (Reuters) - Japan's government is considering abolishing sales of new gasoline-powered cars and replace them with hybrid or electric vehicles to promote a global shift away from gasoline cars, the public broadcaster NHK reported on Thursday. The move followed Prime Minister Yoshihide Suga's pledge earlier this year that Japan aimed to slash carbon emissions to zero on a net basis...

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Asian investors anticipate modest rise in markets after mixed day on Wall Street

By Jessica DiNapoli NEW YORK (Reuters) - Investors in Asia were expecting small gains on Thursday, after Wall Street booked a choppy day due in part to a disappointing private jobs report indicating slowing economic activity. “Markets are quite likely to muddle through from here,” said Michael Frazis, portfolio manager at Frazis Capital Partners in Sydney. “The vaccine is increasingly priced in....

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