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Canada shares higher at close of trade; S&P/TSX Composite up 0.40%

Investing.com – Canada equities were higher at the close on Monday, as gains in the Materials, IT and Consumer Staples sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite gained 0.40% to hit a new 6-month high. The biggest gainers of the session on the S&P/TSX Composite were OceanaGold Corporation (TSX:OGC), which rose 29.67% or 0.540 points to...

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Kodak Cleared in Probe; Pharma Dreams Ahead

By Christiana Sciaudone Investing.com -- Eastman Kodak Co (NYSE:KODK) soared almost 60% as its hopes to become a pharma company took a step forward.  Shares of the former film developer had surged earlier this year on news that it was to receive a loan of $765 million to manufacture Covid-19 drugs. The stock sank after a probe into the deal was announced. Today,...

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The Carlyle Group to buy Swiss watch industry supplier Acrotec

ZURICH (Reuters) - Global investment company The Carlyle Group (NASDAQ:CG) has agreed to buy the Acrotec Group, which supplies the watch and medical technology industries, from Castik Capital for an undisclosed sum, it said on Monday. The transaction is subject to regulatory approvals and is expected to close in the first quarter of 2021, Carlyle said in a statement,...

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Relief and no nerves for Briton set for Pfizer/BioNTech vaccine

LONDON (Reuters) - A retired race relations official from northern England has spoken of his relief at being among the first people in Britain to receive the COVID-19 vaccine as part of the roll-out which starts on Tuesday. Britain will start dispensing the COVID-19 vaccine developed by Pfizer (NYSE:PFE) and BioNTech on Tuesday, the first Western country to begin vaccinating...

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UK says prepared to leave EU without a trade deal

LONDON (Reuters) - Britain is prepared to leave the European Union's orbit without a trade deal with talks at a critical moment, British minister Penny Mordaunt told parliament on Monday. Mordaunt said there had been some progress in negotiations but familiar differences remained, with the so-called level playing field issue "the most difficult". "While an agreement is preferable, we are prepared to...

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.04%

Investing.com – U.K. equities were higher at the close on Monday, as gains in the Tobacco, Beverage and Oil Equipment Services & Distribution sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 gained 0.04% to hit a new 6-month high. The biggest gainers of the session on the Investing.com United Kingdom 100 were British American...

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Irish court grants Norwegian Air creditor protection

DUBLIN (Reuters) - Ireland's High Court on Monday granted creditor protection to Norwegian Air's Irish subsidiaries, allowing the Oslo-based airline more time to restructure its massive debt. Norwegian last month asked the court to begin a so-called examinership legal process as the carrier seeks to stave off collapse amid the coronavirus pandemic. ...

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