02 December

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Amazon in talks to buy podcast firm Wondery – WSJ

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(Reuters) - Amazon.com Inc (NASDAQ:AMZN) is in talks to buy podcast startup Wondery with a valuation of over $300 million, the Wall Street Journal reported on Wednesday citing people familiar with the matter. Deal talks are ongoing and negotiations could still fall apart, the report said https://www.wsj.com/articles/amazon-in-talks-to-buy-podcast-maker-wondery-11606931396?mod=latest_headlines. Last month, Bloomberg News reported https://www.bloomberg.com/news/articles/2020-11-06/apple-sony-said-to-hold-talks-about-buying-podcaster-wondery?sref=XPBxbFZt that both Apple Inc (NASDAQ:AAPL) and Sony...

02 December

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Powell Gets New Shot at Fiscal Pitch After Slight Stimulus Thaw

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(Bloomberg) -- Federal Reserve Chair Jerome Powell and U.S. Treasury Secretary Steven Mnuchin face a second day of questioning Wednesday by lawmakers about government support for the U.S. economy as signs appear of a possible deal on more stimulus. Proposals emerged Tuesday to break the deadlock over additional aid, reflecting the rising concerns that the economy needs another boost. Covid-19 cases are surging,...

02 December

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U.S. to accuse Google of labor violations in clampdown on protests, fired employees say

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By Paresh Dave OAKLAND, Calif. (Reuters) - The National Labor Relations Board will file a complaint accusing Alphabet (NASDAQ:GOOGL) Inc's Google of unlawfully monitoring, questioning and reprimanding workers last year, the affected former employees said in a statement on Wednesday. The NLRB and Google did not immediately respond to requests for comment. The complaint follows a year-long investigation prompted by a petition...

02 December

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UK PM Johnson says some months until all vulnerable get COVID jabs

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LONDON (Reuters) - British Prime Minister said on Wednesday it would be some months before all the most vulnerable people received COVID-19 vaccines with England's health service boss saying the bulk of the jabs would be given between January and April. "It will inevitably take some months before all the most vulnerable are protected," Johnson told a media conference after Britain approved...

02 December

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Former LSE boss Rolet joins tech acquisition vehicle Golden Falcon

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By Pamela Barbaglia LONDON (Reuters) - Former London Stock Exchange boss Xavier Rolet has joined a newly-launched "blank check" company that is hunting for technology deals across Europe under the leadership of ex Barclays (LON:BARC) banker Makram Azar. The special purpose acquisition company, named Golden Falcon Acquisition Corp, will be listed on the New York Stock Exchange with a fundraising...

02 December

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Liberty Steel to start due diligence on Thyssenkrupp steel business

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LONDON (Reuters) - Liberty Steel, which last month announced a non-binding indicative offer for Thyssenkrupp (DE:TKAG) Steel Europe, will soon start looking into its financial records, it said on Wednesday. "Liberty Steel will shortly begin a detailed due diligence and thus gain insight into key business data of Thyssenkrupp's steel business," Liberty said in a statement. Last week, sources told Reuters that...

02 December

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Bonmarche administration adds to dire week for UK retail

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LONDON (Reuters) - British clothing retailer Bonmarche has gone into administration, putting another 1,600 jobs at risk in a grim week for the sector. Philip Green's Arcadia fashion group collapsed into administration on Monday and on Tuesday department store chain Debenhams said it was starting a liquidation process. Together 25,000 jobs are at risk. RSM Restructuring Advisory said it has been appointed...

02 December

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Christmas Tree Prices Jump as Homebound Americans Embrace Decor

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(Bloomberg) -- Colavita Christmas Tree Farm never before had someone show up in early November looking to buy a tree for the holidays — until 2020, that is. “I said, ‘Thanks for the compliment, but that’s not going to last until Christmas,’” said Bob Colavita, 76, who has owned the business outside Philadelphia for 24...

02 December

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Pandemic hits wages of women, lowest-paid hardest – ILO

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BERLIN (Reuters) - Monthly wages fell or stagnated in many countries in the first six months of 2020, with the pandemic hitting lower-paid workers and women hardest, the International Labour Organization (ILO) said on Wednesday. The crisis is "likely to inflict massive downward pressure on wages in the near future", the U.N....

02 December

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 1.26%

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Investing.com – U.K. equities were higher at the close on Wednesday, as gains in the Mining, Oil & Gas Producers and Automobiles & Parts sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 added 1.26% to hit a new 3-month high. The biggest gainers of the session on the Investing.com United Kingdom 100 were London...

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News

Amazon in talks to buy podcast firm Wondery – WSJ

Powell Gets New Shot at Fiscal Pitch After Slight Stimulus Thaw

U.S. to accuse Google of labor violations in clampdown on protests, fired employees say

UK PM Johnson says some months until all vulnerable get COVID jabs

Former LSE boss Rolet joins tech acquisition vehicle Golden Falcon

Liberty Steel to start due diligence on Thyssenkrupp steel business

Bonmarche administration adds to dire week for UK retail

Christmas Tree Prices Jump as Homebound Americans Embrace Decor

Pandemic hits wages of women, lowest-paid hardest – ILO

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 1.26%

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