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Business jet prices stabilizing in 2021 after year-end order blitz By Reuters

By Allison Lampert and Ankit Ajmera (Reuters) - Pre-owned business jet prices are seen stabilizing in 2021, boosted by a December blitz of orders, after COVID-19 depressed demand and pricing last year, analysts and executives said. A December rush was fueled by new entrants to the business jet market and U.S. buyers taking advantage of favorable tax rules they feared could change...

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Vaccine dispute with AstraZeneca escalates as EU grapples with delays By Reuters

By Francesco Guarascio and Ludwig Burger BRUSSELS (Reuters) - The European Union is asking AstraZeneca to publish the vaccine supply contract it signed with the bloc, an EU official said on Wednesday, amid frustration about delivery delays. The EU has been slow to rollout vaccination programmes compared with some other regions, especially former EU member Britain. The issue has been exacerbated by...

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Glencore Is Looking Lonely as Rivals Look to Abandon Coal Business By Bloomberg

(Bloomberg) -- Glencore (OTC:GLNCY) Plc is cutting an increasingly isolated figure as a major coal miner as one by one its biggest rivals look to abandon the most polluting fuel. Russian steelmaker Evraz Plc (LON:EVRE) said Tuesday it was considering options for demerging its coking coal business, five days after Brazilian iron-ore giant Vale SA (NYSE:VALE) took a first step to...

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Imperial Brands to focus on top five cigarette markets in turnaround plan By Reuters

(Reuters) - Imperial Brands (LON:IMB) Plc on Wednesday laid out a five-year plan under its new chief executive that will focus on the company's top five cigarette markets, invest in more high-growth areas for its next-generation products and build out its sales ranks. The maker of Kool and Winston cigarettes said it was also "resetting" its next-generation products (NGP) strategy, focusing its...

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UK COVID variant sufferers cough more, but smell less affected – survey By Reuters

LONDON (Reuters) - People testing positive for the new British variant of the coronavirus are more likely to report coughing, sore throat or fatigue as symptoms of COVID-19, but are less likely to lose their sense of taste or smell, a British survey has found. The variant, identified in southeast England in December, is thought to be more transmissible, and could...

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Boeing Earnings miss, Revenue beats In Q4 By Investing.com

Boeing (NYSE:BA) reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations. Boeing announced earnings per share of $-15.25 on revenue of $15.30B. Analysts polled by Investing.com anticipated EPS of $-1.6 on revenue of $15.03B. Boeing shares are down 5% from the beginning of the year and are trading at $206.00 , down-from-52-week-high.They are...

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Citron Research covers short in GameStop By Investing.com

By Samuel Indyk Investing.com – Activist investor and short seller Andrew Left said his firm Citron Research has covered the majority of their short position in GameStop Corp (NYSE:GME) in the $90s at a loss. In pre-market at 12:35GMT, shares are trading higher by 65% at $246. Left made the announcement in a video posted to YouTube where he acknowledged that...

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Abbott Labs Earnings, Revenue beat in Q4 By Investing.com

Abbott Labs (NYSE:ABT) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Abbott Labs announced earnings per share of $1.45 on revenue of $10.70B. Analysts polled by Investing.com anticipated EPS of $1.35 on revenue of $9.94B. Abbott Labs shares are down 5% from the beginning of the year and are trading at $117.87...

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Environmental protesters tunnel under London to resist eviction By Reuters

LONDON (Reuters) - Environmental activists have secretly dug what they described as "a network of tunnels" under a small public garden in front of a London train station as part of their action against the HS2 high-speed rail project. The HS2 Rebellion group have been camping in front of Euston Station for several months in an effort to prevent the HS2 company...

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‘Crazy and evil’: Bill Gates surprised by pandemic conspiracies By Reuters

By Kate Kelland LONDON (Reuters) - Microsoft co-founder turned philanthropist Bill Gates says he has been taken aback by the volume of "crazy" and "evil" conspiracy theories about him spreading on social media during the COVID-19 pandemic, but said on Wednesday he would like to explore what is behind them. In an interview with Reuters, Gates said the millions of online posts...

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