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AstraZeneca UK vaccine trial drops sub-group with children – U.S. trial register

(Reuters) -Drugmaker AstraZeneca has removed children from a mid-to-late stage trial of its COVID-19 vaccine in Britain, clinical trial registers in the United States showed on Monday. The trial of more than 12,000 participants previously included children above the age of five with the consent of their parents. However, trial data under the U.S. National Library of Medicine was updated on Dec....

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‘No deal’ Brexit could hit UK credit rating, says S&P Global

LONDON (Reuters) - Credit ratings firm S&P Global (NYSE:SPGI) said on Monday a 'no deal' Brexit that cut Britain off from key European markets for a prolonged period of time could leave the country facing another sovereign rating downgrade. Britain become the first AAA-rated country to suffer a double-notch downgrade after its 2016 Brexit vote. S&P currently rates it AA with...

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Adidas mulls strategic options for Reebok brand

BERLIN (Reuters) - German sportswear maker Adidas (DE:ADSGN) said on Monday it had begun to assess strategic alternatives for its U.S.-focused brand Reebok. "These strategic alternatives include both a potential sale of Reebok as well as Reebok remaining a part of the company," Adidas said in a statement, adding the decision would be announced on March 10. ...

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Britain seeking to extend N.Ireland food supply grace period to all retailers

DUBLIN (Reuters) - Britain is seeking to extend a post-Brexit grace period to all Northern Ireland retail that currently will exempt supermarkets bringing in food products from mainland Britain from additional checks, Britain's minister for the region said on Monday. When the United Kingdom exits the European Union's orbit on Dec. 31, Northern Ireland will remain aligned to the EU's single...

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Britain opens talks with EDF on funding Sizewell C nuclear project

LONDON (Reuters) -Britain on Monday confirmed it would enter negotiations with France's EDF (PA:EDF) to try to strike a funding deal on the 20 billion pound ($27 billion) Sizewell C nuclear energy project in Suffolk, Eastern England. "We're starting negotiations with EDF, which would be the developer at Sizewell C," Business Secretary Alok Sharma told BBC radio. "What this is not...

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Unilever to put its climate change plans to a shareholder vote

(Reuters) -Consumer goods giant Unilever (LON:ULVR) Plc will put its plans to cut greenhouse gas emissions to a shareholder vote, it said on Monday, becoming the first blue-chip company to give investors a say on its climate strategy. Shareholders will vote at the company's annual general meeting on May 5 on measures including plans to cut emissions from its operations...

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Dow Futures Up 248 Pts; Vaccine Distribution, Stimulus Talks Eyed

By Peter Nurse    Investing.com - U.S. stocks are seen opening higher Monday, as investors weigh up the rollout of a Covid-19 vaccine and updates on a new coronavirus relief package. At 7:05 AM ET (1205 GMT), the Dow Futures contract were up 248 points, or 0.8%, S&P 500 Futures traded 28 points, or 0.8%, higher, and Nasdaq 100 Futures climbed 75 points, or...

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With eye on exchange rate, Panetta says ECB ready to do more

FRANKFURT (Reuters) -The European Central Bank is committed to lifting the euro zone out of its recession and can provide still more stimulus if needed to counter any drag, including from the firming euro, ECB board member Fabio Panetta said on Monday. With the bloc heading back into recession this quarter, the ECB approved more support last week but remarks from...

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WTO fails to agree rules to stop overfishing -sources

By Emma Farge GENEVA (Reuters) - World Trade Organization negotiators have failed to reach a deal by a year-end deadline to cut subsidies that lead to overfishing, the chairman of the talks told delegates at a closed-door meeting on Monday. Colombia's Santiago Wills said it had been impossible to reach the U.N. target due to time lost due to the coronavirus pandemic,...

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Stimulus Push, Brexit Talks, AstraZeneca & Alexion – What’s up in Markets

By Geoffrey Smith  Investing.com -- The bipartisan stiimulus bill slims down to get through the eye of a Congressional needle; the pound and U.K. assets take off as talks on a post-Brexit trade deal are extended; AstraZeneca (NASDAQ:AZN) falls 5% after agreeing to buy Alexion (NASDAQ:ALXN), and crude oil prices hit new highs after an explosion at a Saudi Arabian port. Here’s what you...

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