By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Tuesday, December 15th. Please refresh for updates. Eli Lilly (NYSE:LLY) stock rose 2.1% after the drugmaker said it would buy Prevail Therapeutics (NASDAQ:PRVL), up 86%, in a deal valued at $1.04 billion, to expand its presence in gene therapy. It also raised its quarterly dividend by 15%. ...
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LONDON (Reuters) -Two of Britain's most influential journals for healthcare and medical professionals jointly called on the government on Tuesday to scrap plans to relax COVID-19 restrictions for five days around Christmas or risk overwhelming the health service. In what was only their second joint editorial in more than 100 years, the British Medical Journal and the Health Service Journal said the...
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LONDON (Reuters) - Britain's Financial Conduct Authority has been told by the UK's Supreme Court that no judgment in an appeal over business interruption insurance will be handed down before Jan 2021, the markets watchdog said on Tuesday. The appeal by the FCA and six insurers in a test case over business interruption payments as a result of the COVID-19 pandemic...
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By Jonathan Saul, Nigel Hunt and Philip Blenkinsop LONDON/BRUSSELS (Reuters) - Shipments of meat, such as lamb, bacon and sausages, between Britain and the European Union will be disrupted next year even with a Brexit trade deal, as a shortage of veterinarians and a mountain of paperwork disrupt supply lines. Under the temporary...
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By Peter Nurse Investing.com - U.S. stocks are seen opening higher Tuesday, as lawmakers attempt to negotiate another economic relief package while vaccines are rolled out across the country. At 07:05 AM ET (1205 GMT), the Dow Futures contract rose 168 points, or 0.6%, S&P 500 Futures traded 22 points, or 0.6%, higher, and Nasdaq 100 Futures climbed 63 points, or 0.5%. The...
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By Conor Humphries DUBLIN (Reuters) -Ireland's data regulator has fined Twitter 450,000 euros for a bug that made some private tweets public, the regulator said on Tuesday, in the first sanction against a U.S. firm under a new European Union data privacy system. The EU's General Data Protection Regulation's (GDPR) "One Stop...
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LONDON (Reuters) - Mutual insurer Liverpool Victoria Financial Services (LV=) has agreed to sell its savings & retirement and protection businesses to funds advised by private equity firm Bain Capital Credit LP for 530 million pounds ($706.54 million), the company said on Tuesday. The deal will mark the end of the British insurer's mutual structure, under which policyholders own the company. ...
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By Tommy Wilkes Investors' euphoria over the prospect of speedy rollouts of COVID-19 vaccines is being dampened by the reality that much of the world faces a long winter first in the fight against the virus. While a New York City nurse became the first person in the United States to receive a coronavirus vaccine this week, the country's COVID-19 death...
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By Joan Faus BARCELONA (Reuters) - With bars and restaurants shut for months in parts of Spain and tourism drying up due to the coronavirus pandemic, the country's 1.2 billion-euro ($1.46 billion) cava wine sector had been expecting a devastating year. But early projections of an up to 40% collapse in sales proved overly pessimistic, with producers of the bubbly drink...
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BEIJING (Reuters) - China's central bank has called for wider acceptance of cash in economic activities and vowed to punish those who refuse to accept cash payments in the wake of a widening gap in access to digital services. China's online payments via barcodes and third-party payment apps such as Ant Group's Alipay and Tencent Holdings (HK:0700)' Tenpay have gained in popularity...
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