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European Stock Futures Lower; Fresh Covid Worries and U.K. GDP Weigh By Investing.com

By Peter Nurse  Investing.com - European stock markets are seen opening mixed Friday, as traders digest a positive lead from Wall Street but also fresh Covid worries and weak U.K. growth data. At 2:15 AM ET (0715 GMT), the DAX futures contract in Germany traded 0.1% lower, CAC 40 futures in France dropped 0.1% and the FTSE 100 futures contract in the U.K....

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Royal Mail to trial Sunday parcel delivery amid increased demand By Investing.com

By Samuel Indyk Investing.com – Royal Mail PLC (LON:RMG), the UK-based courier company, announced on Friday that it will begin a Sunday parcel delivery trial amid a surge in demand. The FTSE 250 listed company earlier this week lifted its profit forecast, citing stronger than expected advertising, business, and stamped mail volumes at the beginning of this year. Sunday plans Under...

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Daimler to recall 2.6 million Mercedes-Benz cars in China By Reuters

BEIJING (Reuters) - German luxury automaker Daimler will recall 2.6 million Mercedes-Benz vehicles in China due to a software design issue, the country's market regulator said on Friday. Software may fail to communicate a vehicle's correct location in the event of a crash, China's State Administration for Market Regulation said in a statement. Daimler declined to comment further on the recall. ...

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Bank boards still not sufficiently tech savvy: Accenture study By Reuters

By Anna Irrera LONDON (Reuters) - A third of the world's biggest banks still have no board members with professional technology experience, skills needed to help lenders make better decisions as they increase investments on IT, a new study by consultancy Accenture (NYSE:ACN) showed on Friday. Accenture analysed almost 2,000 directors at more than 100 large banks and found only 10% of...

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South Koreans hope to keep late Samsung chief’s $1.8 billion art collection By Reuters

By Joyce Lee SEOUL (Reuters) - A South Korean art critic was astounded when he saw the private art collection of the late Samsung Electronics (LON:0593xq) chairman, after being asked to value it this year. "The reason many go to the Louvre is to see the Mona Lisa, and the Sistine Chapel, the Creation of Adam. There are valuable masterpieces that can...

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