26 February

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Italy’s MPS working to cut legal risks as EU weighs bank’s viability By Reuters

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By Valentina Za and Giuseppe Fonte MILAN (Reuters) - Italy's Monte dei Paschi (MPS) said on Thursday it was working to reduce its legal risks while the European Union assessed the state-owned bank's ability to stay in business before unlocking more public aid. Italy rescued MPS in 2017 at a cost of 5.4 billion euros ($6.6 billion) to taxpayers. It now...

26 February

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Kia shares up after online report of remaining potential for Apple partnership By Reuters

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SEOUL (Reuters) - Shares in automaker Kia Corp rose more than 4% on Friday after a South Korean online news site reported on the remaining potential for a partnership with Apple Inc (NASDAQ:AAPL). Apple and Kia signed a memorandum of understanding (MOU) last year and agreed to pursue cooperation in eight sectors,...

26 February

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Car sector seeks more UK government support as output tumbles By Reuters

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LONDON (Reuters) - British finance minister Rishi Sunak should use next week's budget statement to help boost the car industry's competitiveness, a trade industry body said on Friday, as production tumbled to its lowest January level since 2009. Sunak is due to detail how he will further support the economy amid COVID-19 restrictions...

26 February

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UK police’s use of search powers against ethnic minorities disproportionate – watchdog By Reuters

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LONDON (Reuters) - British police are still disproportionately using stop and search powers against Black and other ethnic minority groups, and cannot explain why, a report by the policing watchdog said on Friday. Stop and search gives officers the power to frisk someone under specific circumstances, for example if they have a reasonable...

26 February

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Asia stocks skid as global inflation fears, tech woes hit Wall Street By Reuters

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By Echo Wang MIAMI (Reuters) - Asian stocks opened sharply lower on Friday after Wall Street's main indexes tumbled, with technology-related stocks under pressure following a steep rise in benchmark U.S. Treasury yields. Australia's S&P/ASX 200 fell 2% in early trade, on track for the biggest intraday percentage loss since Jan. 28. Japan's Nikkei 225 was down 1.8% while Hong Kong's Hang...

26 February

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Beyond Meat Serves Up McDonald’s, Yum! Brands Deals; Shares Sizzle By Investing.com

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Yasin Ebrahim Beyond Meat soared in after-hours Thursday after the plant-based food company said it had signed agreements with McDonald's and Yum! Brands (NYSE:YUM). Beyond Meat (NASDAQ:BYND) was up 2% in after hours trading. Under the three-year global strategic agreement with McDonald's, Beyond Meat's will be the preferred supplier for the patty in McDonald's McPlant burger, a new plant-based burger being tested in select McDonald’s (NYSE:MCD)...

26 February

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Dutch competition regulators nearing draft decision in Apple investigation By Reuters

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By Stephen Nellis (Reuters) - Dutch competition authorities are nearing a draft decision in a years-long investigation into Apple Inc (NASDAQ:AAPL) over rules requiring software developers to use its in-app payment system, according to a letter sent this month to some of the developers involved in the case. The Netherlands Authority for Consumers and Markets, or ACM, said in 2019 https://www.reuters.com/article/us-apple-antitrust-netherlands/apple-in-dutch-antitrust-spotlight-for-allegedly-promoting-own-apps-idUSKCN1RN215 that...

26 February

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KPMG UK to split roles of chair and chief executive By Reuters

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(Reuters) - KPMG UK said on Thursday it will split the roles of chair and chief executive, adding it will hold an election process for the CEO position. KMPG said Bina Mehta would remain non-executive chair of the UK board for the next 12 months and would oversee the CEO election process, which...

26 February

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COVID shot is quick and doesn’t hurt, says Britain’s Queen Elizabeth By Reuters

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LONDON (Reuters) - Britain's 94-year-old Queen Elizabeth, who last month had her first COVID-19 vaccination dose, has said that getting the shot was very quick and did not hurt. The monarch and her 99-year-old husband Prince Philip, who is currently in hospital receiving treatment for a non-COVID infection, received their vaccines from a...

26 February

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Boeing, hit with $6.6 million FAA fine, faces much bigger 787 repair bill – sources By Reuters

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By Eric M. Johnson and David Shepardson SEATTLE/WASHINGTON (Reuters) - Boeing (NYSE:BA) Co will pay a $6.6 million to U.S. regulators as part of a settlement over quality and safety-oversight lapses going back years, a setback that comes as Boeing wrestles with repairs to flawed 787 Dreamliner jets that could dwarf the cost...

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News

Italy’s MPS working to cut legal risks as EU weighs bank’s viability By Reuters

Kia shares up after online report of remaining potential for Apple partnership By Reuters

Car sector seeks more UK government support as output tumbles By Reuters

UK police’s use of search powers against ethnic minorities disproportionate – watchdog By Reuters

Asia stocks skid as global inflation fears, tech woes hit Wall Street By Reuters

Beyond Meat Serves Up McDonald’s, Yum! Brands Deals; Shares Sizzle By Investing.com

Dutch competition regulators nearing draft decision in Apple investigation By Reuters

KPMG UK to split roles of chair and chief executive By Reuters

COVID shot is quick and doesn’t hurt, says Britain’s Queen Elizabeth By Reuters

Boeing, hit with $6.6 million FAA fine, faces much bigger 787 repair bill – sources By Reuters

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