12 December

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Branson’s Virgin Galactic cuts short test flight from New Mexico spaceport

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By Joey Roulette (Reuters) - Virgin Galactic Holdings Inc cut short a test flight of its suborbital SpaceShipTwo Unity plane on Saturday, safely returning its pilots to Spaceport America in New Mexico after the rocket motor's ignition sequence failed to complete. Richard Branson's space tourism company, which is preparing for commercial flights next year, was aiming to send the air-launched Unity...

12 December

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Rolls-Royce starts search for next chairman – Sky News

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(Reuters) - British aero-engine maker Rolls-Royce Holdings Plc (LON:RR) is beginning a search for its next chairman, Sky News reported on Saturday. Rolls-Royce's board has begun the process of identifying a successor to Ian Davis, the report https:// said, adding an appointment was unlikely to be announced until well into next year. "The...

12 December

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Apple CEO calls for stricter corporate, government climate goals at U.N. summit

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(Reuters) - Apple Inc (NASDAQ:AAPL) Chief Executive Tim Cook on Saturday called on governments and businesses to implement stronger climate targets starting next year, during remarks at the United Nations' Climate Ambition Summit. "We call on companies and governments around the world to do all we can to make 2021 the year we turn the corner for good," Cook said, according to...

12 December

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Comic: Vaccine Rollout, Fed Meeting To Drive Sentiment In The Week Ahead

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By Jesse Cohen Stocks fell on Friday to wrap up a losing week, but Wall Street’s major indexes stayed near their recent record highs amid ongoing optimism over Covid-19 vaccine progress. The S&P 500 declined 0.1% to end the day at 3,683, the Nasdaq Composite shed 0.2% to settle at 12,377, while the small-cap Russell 2000 dipped 0.6% to...

12 December

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AstraZeneca to buy Alexion for $39 billion to expand in immunology

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(Reuters) - Britain's AstraZeneca has agreed to buy U.S. drugmaker Alexion (NASDAQ:ALXN) Pharmaceuticals for $39 billion in cash and shares to bolster its positions in immunology and rare diseases. AstraZeneca, one of the frontrunners in the drugs industry's search for a COVID-19 vaccine, said on Saturday that Alexion shareholders would receive $60 in cash and 2.1243 AstraZeneca American Depositary Shares (ADSs) for...

12 December

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DoorDash Debuted as a Star, But Will It Last?

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By Peter Nurse and Christiana Sciaudone Investing.com -- Doordash Inc (NYSE:DASH) shone on its market debut earlier this week, with its stock soaring 80% on its opening trading day. Now, investors have to decide whether there's still a chance for gains. DoorDash has benefited from the pandemic that has forced people to stay home, ordering food delivered instead of eating...

12 December

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Fiat CEO Manley in pole position for top job at Ferrari – paper

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MILAN (Reuters) - Fiat Chrysler Chief Executive Mike Manley is in pole position to take over the top job at Ferrari (NYSE:RACE), Italian daily Il Messaggero said on Saturday in an unsourced report. Ferrari and Fiat declined to comment. Louis Camilleri retired with immediate effect as CEO of Ferrari late on Thursday citing personal reasons, after being in the role for nearly...

12 December

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Germany to buy 25% stake in defence supplier Hensoldt – sources

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BERLIN/MUNICH (Reuters) - The German government will buy a 25.1% stake in German defence supplier Hensoldt from private equity company KKR for 464 million euros ($562 million), people with knowledge of the matter said on Saturday. The sources said the purchase is intended to ward off a foreign buyer from taking control of Hensoldt, whose high-tech cameras are used in Tornado fighter...

12 December

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Britain to fast track some perishable goods at ports from Jan. 1 – BBC

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LONDON (Reuters) - Britain will fast track the movement of some perishable goods when its Brexit transition period with the European Union ends on Dec. 31 as part of efforts to deal with expected disruption at British ports, the BBC reported on Saturday. The British government has warned that even with a trade deal with the EU, 7,000 trucks heading for Channel...

12 December

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FDA Approves Pfizer Vaccine After White House Ultimatum

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By Yasin Ebrahim Investing.com – The Food and Drug Administration on Friday gave emergency authorization to the Pfizer-and-BioNTech Covid-19 vaccine amid reported pressure from the White House, according to multiple press reports. Pfizer (NYSE:PFE) rose 0.2% in aftermarket hours and BioNTech SE (NASDAQ:BNTX) was up 0.1%. White House Chief of Staff Mark Meadows on Friday told Stephen Hahn, the...

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Branson’s Virgin Galactic cuts short test flight from New Mexico spaceport

Rolls-Royce starts search for next chairman – Sky News

Apple CEO calls for stricter corporate, government climate goals at U.N. summit

Comic: Vaccine Rollout, Fed Meeting To Drive Sentiment In The Week Ahead

AstraZeneca to buy Alexion for $39 billion to expand in immunology

DoorDash Debuted as a Star, But Will It Last?

Fiat CEO Manley in pole position for top job at Ferrari – paper

Germany to buy 25% stake in defence supplier Hensoldt – sources

Britain to fast track some perishable goods at ports from Jan. 1 – BBC

FDA Approves Pfizer Vaccine After White House Ultimatum

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