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U.S. Fed joins global peers in fight against climate change

By Katanga Johnson WASHINGTON (Reuters) - The U.S. Federal Reserve said on Tuesday it has formally joined a global panel of central banks working to understand and reduce climate change risk after a year-long effort https://www.reuters.com/article/us-climate-change-fed/fed-moves-closer-to-joining-global-peers-in-climate-change-fight-idINKBN27T2RB to collaborate and obtain membership. The move underscores the increased potential for American leadership in helping shape global financial markets’ response to a warming world. Membership...

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Britain and Mexico agree deal on post-Brexit trade

LONDON (Reuters) - Britain and Mexico signed a deal on Tuesday to keep trade flowing between the two countries on existing terms after Britain leaves the European Union's common trade policy, with an agreement to begin negotiating a deeper partnership next year. The continuity agreement prevents UK-Mexico trade from reverting to more restrictive World Trade Organisation terms once Britain's exit from EU...

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Wall Street Opens Higher as Apple Report Reassures; Dow up 188 Pts

By Geoffrey Smith  Investing.com -- U.S. stock markets opened higher on Tuesday, with investors picking up some relative bargains after a four-day losing streak in which the spreading pandemic and the lack of fiscal action to support the economy have weighed heavily. As of 9:40 AM ET (1440 GMT), the Dow Jones Industrial Average was up 188 points, or 0.6%, at 30,050 points, while...

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U.S. seeks to educate sceptics, keep up guard with vaccinations under way

By Eduardo Muñoz NEWARK, N.J. (Reuters) - The United States extended its rollout of the first authorized COVID-19 vaccine on Tuesday, inoculating healthcare workers with an eye toward persuading skeptical Americans to get their shots and contain a pandemic that has killed more than 300,000 people. The first Americans outside clinical trials started...

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EU takes on tech giants with tough rules to curb their power

BRUSSELS (Reuters) - Amazon (NASDAQ:AMZN), Apple (NASDAQ:AAPL), Facebook (NASDAQ:FB) and Alphabet (NASDAQ:GOOGL) unit Google face fines as much as 10% of their global turnover and break-up orders for breaching draft EU rules announced on Tuesday aimed at reining in their power. The European Commission said its Digital Markets Act and Digital Services Act are a modern rulebook aimed at fostering innovation, growth...

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India and UK to move forward on trade talks as Johnson plans visit

NEW DELHI (Reuters) - India and Britain will push negotiations on trade ties, their foreign ministers said after talks in New Delhi on Tuesday, as both countries seek to restart economies battered by the coronavirus pandemic. Indian Foreign Minister S. Jaishankar said trade ministers from both countries had held discussions and there was "a serious intent" to deepen trade. Britain's Dominic Raab...

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Snagged! Dutch town attracts Scottish tights maker amid Brexit deal doubt

By Toby Sterling AMSTERDAM (Reuters) - Fearing a trade deal between Britain and the European Union might be elusive, Snag Tights, a Scottish newcomer in the hosiery business, set up a hub in Europe this year to avoid potential tariffs, bringing 30 jobs to the Dutch town of Venlo. Snag Chief Operating Officer Polly Letson said she kept hearing informally from British...

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UK top court to give Heathrow expansion go-ahead, lawyer says

By Matthew Green LONDON (Reuters) -Britain's Supreme Court will give Heathrow Airport the go-ahead to expand on Wednesday, a lawyer in the case said, a decision that would put the 14 billion pound ($19 billion) plan back on track after years of legal battles and political wrangling. The plan to build a new runway was declared unlawful on environmental grounds by...

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Exclusive-Aon’s $30 billion Willis Towers deal faces EU probe – sources

By Foo Yun Chee BRUSSELS (Reuters) -Aon's $30 billion bid for Willis Towers to create the world's largest insurance broker faces a full-scale investigation because of its complexity, two people familiar with the matter said. The companies, which are the second and third-largest brokers globally after leader Marsh & McLennan Companies Inc (NYSE:MMC),...

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U.S. authorities probing SEB, Swedbank and Danske Bank, daily Dagens Industri says

STOCKHOLM (Reuters) - The Justice Department and the FBI in the United States are investigating Nordic banks SEB, Swedbank and Danske Bank over possible breaches of anti-money laundering regulations, Swedish daily Dagens Industri said on Tuesday. Citing unnamed sources, Dagens Indudsti said Sweden had received requests for help from authorities in the United States in its investigations into a scandal that has...

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