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Britain defends Oxford vaccine roll-out among all ages amid European scepticism By Reuters

By Alistair Smout and Sarah Young LONDON (Reuters) - Britain's health minister on Wednesday defended the country's vaccine roll-out strategy after scepticism emerged in Europe, saying the science supported a decision to give the shot developed by Oxford University and AstraZeneca to all age groups. France, Belgium and Germany are among the European Union countries to recommend that Oxford's vaccine is only...

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Asda says sales up 6.9% in Christmas period By Reuters

LONDON (Reuters) - Asda, the British supermarket group that Walmart (NYSE:WMT) is selling, said on Wednesday its sales rose 6.9% year-on-year in the eight weeks to Dec. 24. In October, the Issa brothers and private equity group TDR Capital agreed to buy a majority holding in Asda from Walmart in a deal giving it an enterprise value of $8.8 billion. The...

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Check Point Software Earnings, Revenue beat in Q4 By Investing.com

Check Point Software (NASDAQ:CHKP) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Check Point Software announced earnings per share of $2.17 on revenue of $563.8M. Analysts polled by Investing.com anticipated EPS of $2.11 on revenue of $555.57M. Check Point Software shares are down 0% from the beginning of the year and are...

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Switzerland lifts ban, and London will resume trading Swiss stocks By Reuters

ZURICH/LONDON (Reuters) - Britain can now claim at least one advantage from leaving the European Union: Switzerland's government will permit Swiss stocks to trade on London's markets again. Trading will resume on Thursday after Switzerland lifted a 19-month ban on Wednesday. That will partly make up for the City of London's loss of euro share trading to the EU last month after...

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Euro zone economy coping better with second lockdown: ECB By Reuters

FRANKFURT (Reuters) - Europe's second lockdown is taking a smaller toll on the economy as many firms have adapted and manufacturing is proving largely immune due to strong export demand, the European Central Bank said on Wednesday based on a survey of large businesses. All euro zone nations have put curbs on activity to slow the spread the coronavirus pandemic and the...

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Anglo American says De Beers’ diamond sales exceed pre-pandemic levels By Reuters

(Reuters) - Anglo American (LON:AAL) Plc said its diamond unit recorded higher sales in the first cycle of 2021, boosted by robust demand ahead of the Chinese New Year and Valentine's Day and as midstream customers restocked to fill orders from retail businesses. The miner said on Wednesday the value of rough diamond sales for De Beers' first sales...

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London stocks gain on faster recovery hopes; Vodafone jumps By Reuters

By Shashank Nayar and Amal S (Reuters) - British shares rose for a third straight session on Wednesday, as investors hoped for a faster economic revival due to a slew of favourable earnings updates and quicker vaccine rollouts, while Vodafone (LON:VOD) jumped after its earnings beat estimates. The blue-chip FTSE 100 index climbed 0.3%, with insurance and food and drug...

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Glencore’s 2020 output hit by Congo mine closure, sticks to targets By Reuters

LONDON (Reuters) - Glencore (LON:GLEN) said on Wednesday output of copper and cobalt production fell in 2020 after the closure of its Mutanda mine in Democratic Republic of Congo mine but said the ramp up of another mine in the country was progressing well. The London-listed company, which also mines coal, nickel, silver and zinc, said copper production fell...

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Vodafone’s service revenue returns to growth in third quarter By Reuters

LONDON (Reuters) - Vodafone (LON:VOD), the world's second largest mobile operator, said organic service revenue returned to growth in its third quarter, with a rise of 0.4% soundly beating analysts' expectations for a fall of 0.1%. Chief Executive Nick Read said there was momentum across the business, including in its largest market Germany. "Our good trading performance underscores our confidence...

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