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U.S. fliers less familiar with Boeing 737 MAX crashes two years on, but wary when reminded – Reuters/Ipsos poll

By Chris Kahn and Tracy Rucinski NEW YORK/CHICAGO (Reuters) - With the passage of time, Americans are less familiar with two fatal Boeing (NYSE:BA) 737 MAX crashes, but if they are made aware of those disasters, more than half say they would probably avoid the aircraft, according to a Reuters/Ipsos opinion poll. The poll results, released on Dec. 28, a day...

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Commerzbank to book 610 million euro restructuring charge in Q4

FRANKFURT (Reuters) - Commerzbank (DE:CBKG) said on Monday it would book 610 million euros ($744.99 million) in restructuring charges in the fourth quarter after reaching an agreement with staff on previously announced headcount reductions. The German lender, which is currently planning another overhaul under new leadership, said that the charge would have a negative impact on the quarter's results. Commerzbank in...

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EU ambassadors approve provisional application of Brexit trade deal By Reuters

BRUSSELS (Reuters) - Ambassadors of European Union governments in Brussels approved on Monday the provisional application from Jan 1, 2021 of the EU-Britain trade deal struck last week. "EU Ambassadors have unanimously approved the provisional application of the EU-UK Trade and Cooperation Agreement as of January 1, 2021," the spokesman for the German EU Presidency Sebastian Fischer said on Twitter. The deal,...

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Trump Signs Stimulus Bill, Attack on Alibaba, Sterling Sags – What’s up in Markets By Investing.com

By Geoffrey Smith  Investing.com -- President Donald Trump signs the coronavirus relief package into law, nudging stock futures higher and the dollar lower. China ramps up its regulatory campaign against Alibaba founder Jack Ma’s business empire and the relief rally in sterling runs out of steam as the market realizes the limitations of the free-trade deal struck last week with...

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Tesla to start operations in India next year – report By Reuters

(Reuters) - Tesla Inc will come to India early next year, country's transport minister Nitin Gadkari told national daily the Indian Express on Monday. The electric-car maker will start with sales and then might look at assembly and manufacturing based on the response, the minister told https://indianexpress.com/article/business/nitin-gadkari-confirms-tesla-coming-to-india-in-early-2021-7123238 the newspaper. Tesla and the minister's office could not be immediately reached by Reuters for...

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Analysis-New direct listings won’t spell the death of IPOs By Reuters

By Krystal Hu (Reuters) - The U.S. Securities and Exchange Commission's approval of capital raisings through direct listings will be seized on by some startups, yet most companies will still opt for initial public offerings (IPOs), capital market insiders say. The financial regulator greenlighted the New York Stock Exchange's request last week to allow companies to raise money in stock market...

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Pfizer to complete supply of COVID-19 vaccines to EU by September By Reuters

BRUSSELS (Reuters) -The distribution of an initial 200 million doses of the COVID-19 vaccine developed by Pfizer (NYSE:PFE) and BioNTech across the European Union will be completed by September, a spokesman for the EU Commission said on Monday. The protracted timetable, which was previously unknown, confirms that the bloc, with a population of 450 million, will need vaccines from other...

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After Trump backs down on stimulus bill, Democrats aim for higher relief checks

By Susan Cornwell and Steve Holland WASHINGTON/PALM BEACH, Fla. (Reuters) - Democrats in the U.S. Congress on Monday will try to push through expanded $2,000 pandemic relief payments for Americans after President Donald Trump backed down from a fight with lawmakers that could have shut down the federal government. In a sudden reversal late on Sunday, Trump signed into law a $2.3...

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Britain’s plans for staggered school return under review – minister

LONDON (Reuters) - Britain plans a staggered return for secondary school pupils after the Christmas holidays, but this is under review in the face of a spread in a new variant of the coronavirus, cabinet office minister Michael Gove said on Monday. Gove said the current plan was that students doing GCSEs and A-levels this year and the children of key workers...

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