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Twitter unblocks accounts of Belarus ’embassies’ it suspended By Reuters

BERLIN (Reuters) -Twitter said on Friday it had reinstated access to the accounts of a group of exile opposition groups that call themselves the "Belarusian People's Embassies", which it suspended after they were accused of identity theft, apparently by Belarusian authorities. "We took enforcement action on the accounts referenced in error," a Twitter spokesperson said. "This has been reversed, and access to the accounts have been reinstated." The people's embassy movement sprang up after last year's presidential election, in which long-serving strongman Alexander Lukashenko claimed a resounding victory despite a widespread belief that the vote was...

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Chipmakers lift European shares, banks cap gains By Reuters

By Shreyashi Sanyal and Ambar Warrick (Reuters) -European shares ended slightly higher on Friday on a boost from chipmakers, although gains were capped by weak bank stocks and growing concerns over the Delta variant of the coronavirus. The pan-European STOXX 600 index rose 0.3% to close at 456.81 points, with technology stocks rising 1.1%. Semiconductor maker ASML Holding (AS:ASML) NV rose 1.4% after Micron Technology Inc (NASDAQ:MU) said it plans to start using ASML EUV machines in production in 2024, while ASM International NV rose nearly 2.5% as it forecast higher order intake in...

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Ryanair sees ‘huge uptick’ in European air travel By Reuters

DUBLIN (Reuters) - Ryanair is seeing a "huge uptick" in air travel across Europe, with the exception of Ireland and parts of the British market, Group Chief Executive Michael O'Leary said on Friday. Ryanair flew 5.3 million passengers in June, up from just 400,000 in the same month a year ago when the industry was shut down but far below the 14.2 million flown in June 2019. O'Leary said he expected to carry more than 8 million passengers in July with a load factor of around 75%. "There's been a huge uptick in recovery...

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Impact of nuclear energy needs more study before getting green label, EU told By Reuters

By Kate Abnett and Simon Jessop BRUSSELS (Reuters) - The European Union should do more research on the potential harm caused by nuclear power before deciding whether to label it as a sustainable investment, one of the two expert committees tasked with assessing the fuel's green credentials said on Friday. Brussels is mulling a decision on whether to include nuclear energy in its sustainable finance taxonomy, a list of economic activities that will from next year define which can be labelled as green investments. The EU's science arm said in March that nuclear power should get...

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S&P 500, Nasdaq at Record Highs as Job Gains Top Expectations By Investing.com

By Yasin Ebrahim Investing.com – The S&P 500 and Nasdaq climbed to record highs Friday, as a stronger jobs report strengthened optimism on the recovery and sent U.S. bond yields lower, paving the way for ride higher in tech stocks. The S&P 500 rose 0.6% and remained close to its record intraday high of 4,3469.42. The Dow Jones Industrial Average climbed 0.46%, or 158 points, the Nasdaq was up 0.60% and had hit an intraday record high of 14,615.4. The economy created 850,000 jobs in June, a sharp increase from the 583,000 in April, well ahead...

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Paris local government to buy Bataclan music venue from Lagardere By Reuters

PARIS (Reuters) - The Paris local government will buy the Bataclan venue from Lagardere, government official Emmanuel Gregoire on Friday, noting the city's long history with the site, where more than 80 concert-goers were killed during a November 2015 Islamist militant attack. "The history between this legendary venue and the city is highly symbolic," said Gregoire on his Twitter account on Friday, as he announced the deal. Islamist militants attacked a series of locations in Paris on November 13, 2015, including the Bataclan venue, which resulted in 130 deaths in total. The attack left deep scars...

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Arm CEO says Nvidia merger better than going public By Reuters

By Stephen Nellis (Reuters) - Nvidia Corp's proposed $40 billion acquisition of Arm Ltd would better support the creation of UK technology jobs than the SoftBank Group Corp unit becoming a standalone public company once again, Arm's chief executive said on Friday. "We contemplated an IPO but determined that the pressure to deliver short-term revenue growth and profitability would suffocate our ability to invest, expand, move fast and innovate," Arm CEO Simon Segars wrote in a blog post https://www.arm.com/blogs/blueprint/arm-nvidia. "Combining with Nvidia will give us the scale, resources and agility needed to maximize the opportunities ahead,"...

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S&P 500, Nasdaq Keep Record Run Going as Tech Rides Falling Yields By Investing.com

By Yasin Ebrahim Investing.com – The S&P 500 and Nasdaq ended the week at record highs Friday, as a stronger jobs report pointed to underlying strength in the economy, sending U.S. bond yields lower, and tech stocks higher. The S&P 500 rose 0.7% to a closing high of 4,352.34. The Dow Jones Industrial Average climbed 0.4%, or 145 points, the Nasdaq was up 0.8% to the day at closing record of 14,639.33. The economy created 850,000 jobs in June, a sharp increase from the 583,000 in April, well ahead of economists’ forecast of 720,000.  It was the largest...

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Lack of side effects doesn’t mean mRNA vaccine not working; mRNA shots limit breakthrough infection severity By Reuters

By Nancy Lapid (Reuters) - The following is a roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus. Lack of vaccine side effects no cause for concern While a variety of side effects after receiving an mRNA COVID-19 vaccine may be a sign of the immune system kicking into high gear, a lack of such reactions does not mean it has failed to respond, researchers have found. They tested 206 hospital employees for antibodies against the coronavirus...

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Amazon to grant new CEO Jassy over $200 million in stock By Reuters

By Jeffrey Dastin (Reuters) - Amazon.com Inc (NASDAQ:AMZN) plans to award incoming Chief Executive Andy Jassy more than $200 million in extra stock, which will pay out over 10 years, the company said in a regulatory filing on Friday. Amazon will record the grant of 61,000 shares on July 5, the filing said, the date that Jassy succeeds Jeff Bezos in the online retailer's first CEO transition since its founding in 1994. The award's exact value will depend on how the shares are trading when they pay out in future years, encouraging Jassy to grow a...

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