19 December

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Johnson: London, southeast England going under tougher COVID rules

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LONDON (Reuters) - British Prime Minister Boris Johnson announced on Saturday that London and southeast England would be placed into a new higher tier of COVID-19 restrictions because of the spread of a more infectious variant of the virus. "It may be up to 70% more transmissible than the old variant, the original version of the disease," Johnson told a news conference....

19 December

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Factbox: UK orders London and nearby areas to follow tough new COVID rules

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LONDON (Reuters) - British Prime Minister Boris Johnson announced tough new restrictions and social distancing measures for London and nearby areas on Saturday in an attempt to slow the spread of a new, highly transmissible variant of the coronavirus. Following is a summary of the new restrictions. NEW TIER 4 - London and parts of the south east and east of...

19 December

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Johnson says EU trade deal looking difficult, but door is still open

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LONDON (Reuters) - British Prime Minister Boris Johnson said on Friday trade talks with the European Union were "looking difficult" and there was a gap that needed to be bridged, but the door for further negotiations remained open. "Obviously the UK's position is always that we want to keeping talking if there's any chance of a deal," Johnson told reporters. ...

19 December

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China, EU aim for investment pact by year-end, diplomats say

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By Robin Emmott and Gabriel Crossley BRUSSELS/BEIJING (Reuters) - The European Union and China aim to reach an investment accord by the end of 2020 that would grant European companies greater access to the Chinese market after six years of talks, officials and diplomats said on Friday. Potentially a big step in repairing Sino-European ties after the coronavirus outbreak in China and...

19 December

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Microsoft working on in-house chips for its servers, PCs

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(Reuters) - Microsoft Corp (NASDAQ:MSFT) is working on in-house processors for the servers running its cloud-computing services and Surface line of personal computers, the software maker said on Friday. "Because silicon is a foundational building block for technology, we're continuing to invest in our own capabilities in areas like design, manufacturing and tools," Microsoft said in a statement. ...

19 December

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German court allows Tesla to partially clear forest for new factory

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BERLIN/FRANKFURT (Reuters) - A German court on Friday ruled Tesla could partially proceed with clearing a forest to build a manufacturing site near Berlin. Environmentalists had gone to court in the eastern city of Frankfurt an der Oder in an attempt to stop Tesla from clearing the forest, arguing that cutting down more trees could endanger hibernating reptiles. A temporary halt...

19 December

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Harley-Davidson to pay discretionary bonus in Feb

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(Reuters) - Harley-Davidson Inc (NYSE:HOG) said on Friday the human resources committee of its board approved a discretionary bonus to be paid in February to all eligible employees who joined on or before Sept. 30. The bonus will be 60% of each eligible employee's 2020 bonus target, prorated per their joining, Harley said in a regulatory filing. "Employees will not receive any...

19 December

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UK’s COVID R number jumps above 1, infections growing again

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LONDON (Reuters) - Britain's reproduction "R" number has jumped above 1 and the COVID-19 epidemic is estimated to be growing again, the Government Office for Science said on Friday, a sharp reversal from the shrinkage seen during England's national lockdown. The R number is between 1.1 and 1.2 meaning that, on average, every 10 people infected will infect between 11 and 12...

19 December

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BoE’s Vlieghe says UK may need negative rates to recover – Bloomberg

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LONDON (Reuters) -The Bank of England may need to ramp up its stimulus programme including a possible cut in interest rates below zero for the economy to recover fully from its coronavirus slump, policymaker Gertjan Vlieghe said, according to Bloomberg. Vlieghe has previously said he sees few risks that negative interest rates would be counterproductive. But other BoE officials are more doubtful...

19 December

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Biden’s Plans for Recovery Face Corporate America Debt Problem

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(Bloomberg) -- As President-elect Joe Biden looks to pull the economy out of the wreckage caused by the pandemic and onto a sustained path of recovery, his team faces one increasingly big problem: a mountain of corporate debt. U.S. companies have borrowed billions of dollars to boost cash in order to get them through the outbreak that has shuttered businesses across the country....

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News

Johnson: London, southeast England going under tougher COVID rules

Factbox: UK orders London and nearby areas to follow tough new COVID rules

Johnson says EU trade deal looking difficult, but door is still open

China, EU aim for investment pact by year-end, diplomats say

Microsoft working on in-house chips for its servers, PCs

German court allows Tesla to partially clear forest for new factory

Harley-Davidson to pay discretionary bonus in Feb

UK’s COVID R number jumps above 1, infections growing again

BoE’s Vlieghe says UK may need negative rates to recover – Bloomberg

Biden’s Plans for Recovery Face Corporate America Debt Problem

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