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07 February
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Sport streaming firm DAZN leads race for Serie A domestic TV rights – sources By Reuters

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MILAN (Reuters) - Sport streaming service DAZN is leading the race for rights to screen Italy's Serie A matches over the 2021-2024 seasons in a challenge to the country's dominant pay-TV player SKY, two sources familiar with the matter said on Sunday. Broadcasting rights are the main source of revenue for Serie A and are even more important with matches being played...

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07 February
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Rolls-Royce plans two-week shutdown of civil aerospace business By Reuters

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(Reuters) - Britain's Rolls-Royce (LON:RR) said on Sunday it is proposing a two week operational shutdown of its civil aerospace unit over the summer as it manages costs due to the impact of the COVID-19 pandemic. The aero-engine maker has begun talks with unions on the shutdown and cost cutting at its civil aerospace unit, it said in an emailed statement. "As...

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07 February
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Ireland open to modest extensions to Northern Ireland Brexit grace periods By Reuters

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DUBLIN (Reuters) - Ireland is open to "modest" extensions of waivers on the movement of certain goods from Britain into Northern Ireland after the British government asked the European Union to tweak post-Brexit rules, Foreign Minister Simon Coveney said. Coveney was speaking ahead of talks on the issue next week in London between British Cabinet Office minister Michael Gove and European Commission...

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07 February
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Euro zone recovery delayed, to gather pace from mid-year – Lagarde By Reuters

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FRANKFURT (Reuters) - Europe's recovery from a recession induced by the COVID-19 pandemic has been somewhat delayed but should pick up pace from mid-year, European Central Bank President Christine Lagarde said in comments published by a French newspaper on Sunday. With euro zone nations locking down their economies to slow the spread of the novel coronavirus, the bloc's economy shrank last quarter...

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07 February
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UK plans to tax firms that profited from pandemic: Sunday Times By Reuters

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LONDON (Reuters) - Britain plans to tax retailers and tech companies whose profits have soared during the COVID-19 pandemic, the Sunday Times reported, citing leaked emails. The government has summoned companies to discuss how an online sales tax would work, while plans are also being drawn up for a one-off "excessive profits tax", the newspaper reported. Finance minister Rishi Sunak is unlikely...

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07 February
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BoE’s Bailey says could shun fossil fuel firms in bond-buys: Observer By Reuters

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LONDON (Reuters) - The Bank of England could shy away from buying the bonds of fossil fuel companies as it attempts to make its balance sheet greener, Governor Andrew Bailey said in an interview published by the Observer newspaper on Saturday. Asked if the BoE's plans to overhaul its bond-buying programmes would mean moving away from fossil fuel companies, Bailey said:...

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07 February
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AstraZeneca thinks shot can stop severe disease from South Africa COVID variant By Reuters

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LONDON (Reuters) - British drugmaker AstraZeneca (NASDAQ:AZN) said on Saturday it believed its COVID-19 vaccine developed with the University of Oxford could protect against severe disease caused by the South African variant of the virus. AstraZeneca confirmed that early data from a small trial, first reported by the Financial Times, had shown limited efficacy for the vaccine against mild disease primarily due...

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07 February
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G4S to hold talks for head-to-head takeover auction – The Telegraph By Reuters

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(Reuters) - British security group G4S (CSE:G4S) will hold talks with the City's takeover panel, the Telegraph reported on Saturday, which could lead to a head-to-head auction between North American peers GardaWorld and Allied Universal for the company's buyout. Canada's GardaWorld and U.S.-based Allied last month extended their buyout offer periods for G4S's shareholders to accept their individual offers, even...

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