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Qualcomm names chip chief Cristiano Amon as CEO

By Stephen Nellis (Reuters) - Qualcomm (NASDAQ:QCOM) Inc said on Tuesday it had named its President Cristiano Amon as chief executive, replacing Steven Mollenkopf. Amon has in recent years overseen the company's chip division, which supplies processors to most of the Android phone ecosystem and modem chips that help both Android devices and Apple Inc (NASDAQ:AAPL)'s iPhones connect to wireless data networks....

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As Brexit bites, salads and sandwiches run out at Paris M&S stores

PARIS (Reuters) - British retailer Marks & Spencer said new trade rules in place since Britain left the European Union were delaying deliveries of some fresh food to its stores in France, where at least three branches had empty shelves on Tuesday. As of Jan. 1, goods travelling back and forth between Britain and the EU are subject to customs and other...

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European Stocks Mixed; Caution Over Covid Cases, Senate Race

By Peter Nurse  Investing.com - European stock markets are seen opening in a mixed fashion Monday, with rising Covid-19 cases prompting new lockdowns and U.S. political uncertainty prompting investors to take a cautious stance. At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.3% higher, CAC 40 futures in France climbed 0.1%, while the FTSE 100 futures contract in...

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British Airways reviewing flight schedule after new lockdowns in UK

LONDON (Reuters) - British Airways said on Tuesday it was reviewing its flight schedule following the announcement of new national lockdowns across the UK. Restrictions on travel due to the pandemic meant that UK-based airlines were already operating at low levels, but the new lockdown in England stops most people from travelling abroad, meaning further cuts to airline schedules are likely. "Our...

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UK offers lockdown-hit firms extra 4.6 billion pounds of help

LONDON (Reuters) - Britain offered a new 4.6 billion pound ($6.2 billion) support package for businesses struggling to cope with a third national lockdown that began this week to stem a new wave of COVID-19 cases sweeping the country. Finance minister Rishi Sunak said retail, hospitality and leisure companies will be able to claim new one-off grants worth up to 9,000 pounds to...

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Retailers, energy stocks push London stocks higher

(Reuters) - British shares gained on Tuesday, led by a jump in retail stocks following record grocery sales in December, overshadowing risks arising from a fresh national lockdown imposed to curb the spread of a new COVID-19 variant. Prime Minister Boris Johnson said on Monday a new, more contagious variant of the coronavirus was spreading at great speed and immediate action was needed...

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British grocery sales hit record 11.7 billion stg in December – Kantar

LONDON (Reuters) - December was the busiest month ever for British supermarkets as tightening COVID-19 restrictions and the closure of restaurants, bars and cafés meant shoppers spent 11.7 billion pounds on groceries, industry data showed on Tuesday. Market researcher Kantar said take-home grocery sales rose 11.4% year-on-year over the 12 weeks to Dec. 27 - a period spanning both the November national lockdown in...

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