By Guy Faulconbridge and Paul Sandle LONDON (Reuters) - Britain on Wednesday became the first country in the world to approve the Pfizer-BioNTech COVID-19 vaccine for use and said that it will be rolled out from early next week. A vaccine is seen as the best chance for the world to get...
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LONDON (Reuters) - Tesco (LON:TSCO), Britain's biggest retailer, will repay the British government and devolved administrations 585 million pounds ($785 million) of COVID-19 pandemic business rates relief, it said on Wednesday. The group said it had taken the decision because some of the potential risks it faced from the crisis are...
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By Paul Carrel and Tom Sims BERLIN/FRANKFURT (Reuters) - In Germany's industrial heartland, engineering firms have come up with a recipe for surviving the coronavirus pandemic. Keep spending on research and development even if sales drop, build a financial buffer so you can craft a long-term business plan, be flexible with dealers to...
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ZURICH (Reuters) - Lonza on Wednesday announced a deal with an unspecified customer for two new facilities for commercialization of antibody-drug conjugates at its Visp, Switzerland, site as the contract drug maker expands its work with the technology. "Long-term collaboration with a global biopharma company will generate around 200 new jobs in the Visp biopark with operations expected to start from...
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(Bloomberg) -- Trafigura Group Ltd. denied bribery allegations leveled by Brazilian prosecutors in a civil lawsuit claiming the commodities trader and its staff participated in a kickback scheme to win business with state oil producer Petroleo Brasileiro SA. The Brazilian legal claim names Trafigura’s head of oil trading Jose Larocca and Chief Operating Officer...
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Trip.com ADR reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations. Trip.com ADR announced earnings per share of 2.32 on revenue of 5.46B. Analysts polled by Investing.com anticipated EPS of 1.02 on revenue of 5.2B. Trip.com ADR shares are up 2% from the beginning of the year and are trading at 34.41 ,...
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SEOUL (Reuters) - South Korea's Hyundai Motor Group said on Wednesday it will introduce an electric vehicle-only platform early next year that will use its own battery technology to cut production time and costs. The plan underscores efforts by the world's No.5 auto group to become a major player in the global EV...
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NetApp reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations. NetApp announced earnings per share of $1.05 on revenue of $1.42B. Analysts polled by Investing.com anticipated EPS of $0.7261 on revenue of $1.32B. NetApp shares are down 12% from the beginning of the year and are trading at $54.24 , down-from-52-week-high.They are under-performing...
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By Yasin Ebrahim Salesforce.com lifted its annual guidance after reported on Tuesday third-quarter results that beat analysts' forecasts and the cloud company confirmed it would acquire messaging platform Slack for $27.7 billion. Salesforce.com (NYSE:CRM) fell 4.3%, while Slack Technologies Inc (NYSE:WORK) was down 0.3%. “This is a match made in heaven. Together, Salesforce...
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SEOUL (Reuters) - Electronics giant Samsung Electronics (LON:0593xq) announced a small reshuffle of senior executives on Wednesday without replacing its recently deceased chairman or changing top leadership positions including that of vice chairman Jay Y. Lee. Heir apparent Lee, whose father and Samsung Electronics chairman Lee Kun-hee passed away in October, is currently facing two separate trials that analysts say could...
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