22 December

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Daimler prepares listing of trucks business – Handelsblatt

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FRANKFURT (Reuters) - German luxury carmaker Daimler is preparing a stock market listing of its trucks division, business newspaper Handelsblatt reported, citing company sources. The unit could be floated at the end of 2021, the sources said, adding division head Martin Daum is likely to get an early extension of his contract by three years as part of the plans. Daimler was...

22 December

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France plans to end UK border closure by midnight Tuesday – Bloomberg News

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(Reuters) - France told fellow European Union envoys meeting in Brussels that it planned to end a border closure with Britain by midnight on Tuesday, a Bloomberg reporter said in a tweet. Earlier in the day the EU executive threw Britain a lifeline after it became stranded in COVID-19 isolation, recommending that EU member states roll back sweeping border closures to allow...

22 December

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EU citizens can enter France from UK if they have negative COVID test – PM

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PARIS (Reuters) - French and EU citizens will again be allowed to enter France from Britain from Tuesday midnight provided they have a negative COVID-19 test that is less than 72 hours old, the French prime minister's office said on Tuesday. It added in a statement that British citizens or citizens from third countries who have residence in France or the...

22 December

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Vimeo to Spread its Wings, Lifting IAC Higher

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By Christiana Sciaudone Investing.com -- IAC jumped 14% after saying it would spin off Vimeo, its video software company, to shareholders of the mother company. Vimeo, which serves more than 200 million users, is the 42nd most popular digital service in the U.S., according to a YouGov survey. Vimeo's November revenue grew 54% from a year earlier, and subscribers increased by 24%.It will...

22 December

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CarMax Sales Drop as Used Car Sales Demand Slows

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By Christiana Sciaudone Investing.com -- CarMax (NYSE:KMX) delivered on results, but also failed to increase same-store sales, which is now driving shares 7% lower. Same store sales dropped 0.8% and total sales were lower by 1%, the company reported for the third quarter. That compares with increases of 7.5% and 11%, respectively, for the third quarter in 2019. The unexpected drop comes as...

22 December

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Exclusive: Leonardo hack targeted military plane details, arrest warrant shows

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By Francesca Landini MILAN (Reuters) - An investigation into a data theft at Leonardo has found that a hacker working inside the Italian defence group appeared to target details of Europe's biggest unmanned fighter jet programme and aircraft used by the military and police, an arrest warrant shows. The inquiry, which is ongoing,...

22 December

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Apple Up on Car Plans That Also Spark Skepticism

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By Christiana Sciaudone Investing.com -- Apple (NASDAQ:AAPL) rose 4% on news it's getting back into the car business. The tech company expects to build a self-driving passenger vehicle with its own breakthrough battery technology by 2024 in what is being called "Project Titan," Reuters reported, citing people familiar. Apple started working on a car project in 2014, only to dump it last year. ...

22 December

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EU ready to talk UK trade past Jan.1 – diplomats

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BRUSSELS (Reuters) - The European Union is ready to continue negotiations with Britain past the end of the year, two diplomatic sources told Reuters on Tuesday after an update on Brexit by the bloc's negotiator, Michel Barnier. "Progress has been made. Most issues are preliminarily closed or close to being agreed. However, differences on fisheries remain difficult to bridge," said one...

22 December

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Boeing 737 MAX crash victim families urge Europe to hold off on lifting ban

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By Tracy Rucinski CHICAGO (Reuters) - Relatives of Boeing (NYSE:BA) Co 737 MAX crash victims on Tuesday urged the European Union Aviation Safety Agency (EASA) to delay approving the aircraft's return to service, saying there are unanswered questions about its safety. Last month, the U.S. Federal Aviation Administration cleared the jet following design changes around systems involved in two crashes that together...

22 December

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UK budget outlook highly uncertain as COVID cases mount-OBR

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LONDON (Reuters) - Britain's budget forecasters said the outlook for the country's coronavirus-battered public finances remained "highly uncertain" because of a resurgence in COVID-19 cases and government restrictions to slow it. Earlier on Tuesday, data showed Britain borrowed a record 241 billion pounds in the first eight months of the financial year and borrowing in November alone was up more than 40% from...

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Daimler prepares listing of trucks business – Handelsblatt

France plans to end UK border closure by midnight Tuesday – Bloomberg News

EU citizens can enter France from UK if they have negative COVID test – PM

Vimeo to Spread its Wings, Lifting IAC Higher

CarMax Sales Drop as Used Car Sales Demand Slows

Exclusive: Leonardo hack targeted military plane details, arrest warrant shows

Apple Up on Car Plans That Also Spark Skepticism

EU ready to talk UK trade past Jan.1 – diplomats

Boeing 737 MAX crash victim families urge Europe to hold off on lifting ban

UK budget outlook highly uncertain as COVID cases mount-OBR

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