By Muvija M and Priyanshi Mandhan (Reuters) - Online trading platform Plus500 (LON:PLUSP) said on Wednesday it would pay almost $30 million in special dividends and buy back $25 million in shares as it reaped the profits of small-time traders making record bets on financial markets. But a suggestion that revenue in...
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By Nick Carey LONDON (Reuters) - Ford Motor (NYSE:F) Co on Wednesday said its car lineup in Europe will be all-electric by 2030 as the U.S. automaker races to get ahead of CO2 emissions targets and looming bans in some countries on fossil fuel vehicles. The carmaker said it will invest $1 billion over the next 30 months to convert its vehicle...
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LONDON (Reuters) - Vaccines, drugs and testing at scale are key to easing lockdown measures safely, Britain's foreign minister Dominic Raab said on Wednesday as the government prepares to set out a roadmap on how to loosen restrictions. "The two or three things that are going to be really important if we are to ease out of lockdown safely and...
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By Tom Wilson LONDON (Reuters) - Sterling hit a 10-month high against the euro on Wednesday as investors bet Britain's COVID-19 vaccinations would help its coronavirus-battered economy reopen quickly and recover from its biggest hit in 300 years. The pound rose 0.2% against the euro to as high as 86.84 pence, its highest since April 2020. A day earlier, it had...
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LONDON (Reuters) - Britain on Wednesday became the first country in the world to allow volunteers to be exposed to the COVID-19 virus to advance medical research into the pandemic. The trial, which will begin within a month, will see up to 90 healthy volunteers aged 18-30 exposed to COVID-19 in a safe and controlled environment to increase understanding of how...
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COPENHAGEN (Reuters) - Shipping group Maersk said on Wednesday it will accelerate plans to decarbonise sea-borne container shipping by putting the world's first carbon-neutral vessel into operation in 2023, seven years ahead of its original plan. The shipping industry, which carries around 80% of global trade and accounts for around 3% of global carbon emissions, pledged last year to have ships and...
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By Foo Yun Chee BRUSSELS (Reuters) - Fortnite creator Epic Games has taken its fight against Apple (NASDAQ:AAPL) to European Union antitrust regulators after failing to make headway in a U.S. court in a dispute over the iPhone maker's payment system on its App Store and control over apps downloads. The two companies...
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By Siddharth Cavale (Reuters) - British American Tobacco (LON:BATS) forecast on Wednesday e-cigarette and tobacco heating devices would contribute to earnings for the first time this year as more smokers switch to products perceived as less harmful in the pandemic. The maker of Lucky Strike and Newport cigarettes saw three million more customers use its "new categories" products -...
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BERLIN (Reuters) - Germans' nominal earnings fell for the first time in over a decade, the statistics office said on Wednesday, releasing data that showed the coronavirus pandemic having a more severe impact on earnings than the 2007/08 financial crisis. Preliminary data showed nominal earnings had shrunk by 0.6% in 2020, the first contraction since the data series began in 2007. In...
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LONDON (Reuters) - Britain supports the family of Harry Dunn as it seeks damages against U.S. diplomat's wife Anne Sacoolas in the United States, foreign minister Dominic Raab said on Wednesday. Sacoolas was involved in a car crash that killed British teenager Dunn in 2019. She left Britain shortly after the accident claiming diplomatic immunity from criminal prosecution. The U.S. refused...
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