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Britain to tighten laws on imports linked to alleged Chinese human rights abuses – Telegraph By Reuters

(Reuters) - Britain will tighten the law on importing goods linked to alleged human rights abuses in China as ministers take a tougher stance on Beijing, The Telegraph reported on Monday. Foreign Secretary Dominic Raab will make a statement on Tuesday in the House of Commons on the government's response to allegations of forced labour in China's Xinjiang province, home to about...

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EU lawmakers kick off two-month review of UK trade deal By Reuters

By Philip Blenkinsop BRUSSELS (Reuters) - The European Parliament kicked off a two-month review on Monday of the EU-UK trade agreement struck on Christmas Eve, promising to "properly scrutinise" the deal even if it is almost certainly bound to approve it. Christophe Hansen, one of the lawmakers charged with steering the deal through parliament, said he regretted that the agreement had been...

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Factbox: How is Britain’s vaccine rollout going? By Reuters

LONDON (Reuters) - Britain plans to give the first shot of a coronavirus vaccine to 15 million members of the highest priority groups by mid-February, and to tens of millions more by the spring, to enable it to loosen restrictions imposed to stem a soaring infection rate. Below are some details of the campaign: HOW MANY PEOPLE HAVE BEEN VACCINATED? Nearly...

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City of London unlikely to get broad EU access, says UK banking body By Reuters

By Huw Jones LONDON (Reuters) - The European Union is unlikely to grant broad access for the City of London, and the flight of euro share trading from Britain to the bloc is permanent, UK bankers said on Monday. Britain left the EU's single market and customs union on Dec. 31 and a trade deal agreed by both sides does not cover...

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Britain’s M&S buys Jaeger brand By Reuters

LONDON (Reuters) - British retailer Marks & Spencer has purchased the Jaeger brand from its administrators as part of a strategy to bolster its clothing division with new names, it said on Monday. M&S said it was in the final stages of agreeing the purchase of product and supporting marketing assets from the administrators of Jaeger Retail Limited and expected to fully...

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EU Looks Past Trump to Defuse Transatlantic Trade Conflict By Bloomberg

(Bloomberg) -- The European Union is working on a proposal for the incoming Biden administration on a new trade relationship, including settling a longstanding aircraft dispute that has seen the allies impose tariffs on $11.5 billion of each other’s exports, according to people familiar with the matter. The EU is in discussions with member states affected by the conflict, including Germany and France,...

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Unions at French group EDF ask Macron to end ‘Hercules’ restructuring deal By Reuters

PARIS (Reuters) - French trade unions have written to President Emmanuel Macron, asking Macron to drop the planned 'Hercules' restructuring deal proposed for state-controlled power group EDF (PA:EDF). The letter, a copy of which was obtained by Reuters, was written by the CFDT, CFE-CGC, CGT and FO trade unions. The French government is working on a project, called "Hercules", to ringfence EDF's nuclear...

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European Stocks Slip; Consolidating as Covid Cases Rise By Investing.com

By Peter Nurse  Investing.com - European stock markets traded mostly lower Monday, consolidating after recent gains amid rising Covid-19 cases globally. At 3:55 AM ET (0855 GMT), the DAX in Germany traded 0.9% lower, the CAC 40 in France fell 0.5% and the U.K.'s FTSE index dropped 0.6%.   There were, however, significant outliers, with the STOXX Technology index hitting another all-time high, and...

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Dow Cuts Losses as Energy, Healthcare Spark Comeback By Investing.com

By Yasin Ebrahim Investing.com – The Dow cut its losses Monday, as gains in energy and healthcare stocks offset pressure from rising political tensions after lawmakers ramped up efforts to remove President Donald Trump from office. The Dow Jones Industrial Average fell 0.08%, or 23 points, though had been down 266 points at the lows of the day. The S&P 500 was 0.28%...

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