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Former aides of UK’s Meghan ready to give evidence in privacy case By Reuters

LONDON (Reuters) - Four former senior aides of Meghan, Britain's Duchess of Sussex, are prepared to give evidence in court over whether she intended a letter she sent to her father to become public, London's High Court has been told. Meghan, 39, the wife of Queen Elizabeth's grandson Prince Harry, is suing publisher Associated Newspapers after its Mail on Sunday tabloid printed...

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No discussion at BoE about cutting rates below zero – Bailey By Reuters

LONDON (Reuters) - Bank of England Governor Andrew Bailey said the British central bank had not taken any decisions about whether interest rates could or should be cut below zero, and it was unclear how much that would help the economy. "We have not taken any decision, in fact we've not actually discussed, whether or not to introduce negative rates," Bailey said...

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Britain’s airlines, airports, aviation manufacturers ask government for help again By Reuters

LONDON (Reuters) - Britain's airlines, airports and aviation manufacturers pleaded for immediate financial support from the government and a longer-term recovery plan after COVID-19 stopped travel and new testing requirements dashed bounce-back hopes. Three trade bodies said they wrote to British Prime Minister Boris Johnson on Wednesday to ask for a package of measures including temporarily suspending business rates and a...

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WH Smith closes higher by 10% as cash position not as bad as feared By Investing.com

By Samuel Indyk UK retailer WH Smith PLC (LON:SMWH) closed at its highest level since March on Wednesday, as strong Christmas trading provided investors confidence that the business is in control of its cash burn. “We generated cash during November and December and ended December with a stronger cash position than anticipated with liquidity of £90m, which is materially ahead of our original...

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Amazon sues EU antitrust regulators for letting Italian case go ahead By Reuters

By Foo Yun Chee BRUSSELS (Reuters) - Amazon (NASDAQ:AMZN) is suing EU antitrust regulators for allowing the Italian competition watchdog to pursue its own case against the U.S. online retail giant over the way it selects sellers, arguing that this should be wrapped into an EU investigation. Amazon took its case to the Luxembourg-based General Court, Europe's second-highest, on Tuesday, asking it...

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Analysis: Europe Inc earnings in no man’s land between recession and recovery By Reuters

By Julien Ponthus and Danilo Masoni LONDON/MILAN (Reuters) - Europe Inc's fourth-quarter reporting season will test investor confidence in profit recovery as a new round of social restrictions is expected to have driven earnings down more than 25% while further blurring the outlook. Boosted by COVID-19 vaccine roll-outs and massive fiscal and monetary...

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Procter & Gamble Posts Strong Q2 on Demand for Cleaning Products By Investing.com

Procter & Gamble (NYSE:PG) will pay more out to shareholders this year than it previously thought, after reporting strong sales growth in its fiscal second quarter on Wednesday, boosted by increased demand for home cleaning products during the pandemic. The consumer giant raised its outlook for fiscal 2021 all-in sales growth from a range of 3%-4% to a range of 5%-6% versus the...

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Procter&Gamble Earnings, Revenue beat in Q2 By Investing.com

Procter&Gamble reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations. Procter&Gamble announced earnings per share of $1.64 on revenue of $19.75B. Analysts polled by Investing.com anticipated EPS of $1.51 on revenue of $19.24B. Procter&Gamble shares are down 3.98% from the beginning of the year and are trading at $133.60 , down-from-52-week-high.They are under-performing...

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Wall Street Opens Higher as Trump Checks Out; Dow up 83 Pts By Investing.com

By Geoffrey Smith  Investing.com --  U.S. stocks ended the Trump presidency on a high note on Wednesday, amid signs that the peak of the Covid-19 infection curve has passed and in anticipation of aggressive efforts to reflate the weakened economy by the new administration, due to be sworn in in a couple of hours. By 9:40 AM ET (1440 GMT), the Dow Jones...

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