(Reuters) - British aero-engine maker Rolls-Royce Holdings Plc (LON:RR) is beginning a search for its next chairman, Sky News reported on Saturday. Rolls-Royce's board has begun the process of identifying a successor to Ian Davis, the report https:// said, adding an appointment was unlikely to be announced until well into next year. "The...
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(Reuters) - Apple Inc (NASDAQ:AAPL) Chief Executive Tim Cook on Saturday called on governments and businesses to implement stronger climate targets starting next year, during remarks at the United Nations' Climate Ambition Summit. "We call on companies and governments around the world to do all we can to make 2021 the year we turn the corner for good," Cook said, according to...
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By Jesse Cohen Stocks fell on Friday to wrap up a losing week, but Wall Street’s major indexes stayed near their recent record highs amid ongoing optimism over Covid-19 vaccine progress. The S&P 500 declined 0.1% to end the day at 3,683, the Nasdaq Composite shed 0.2% to settle at 12,377, while the small-cap Russell 2000 dipped 0.6% to...
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(Reuters) - Britain's AstraZeneca has agreed to buy U.S. drugmaker Alexion (NASDAQ:ALXN) Pharmaceuticals for $39 billion in cash and shares to bolster its positions in immunology and rare diseases. AstraZeneca, one of the frontrunners in the drugs industry's search for a COVID-19 vaccine, said on Saturday that Alexion shareholders would receive $60 in cash and 2.1243 AstraZeneca American Depositary Shares (ADSs) for...
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By Peter Nurse and Christiana Sciaudone Investing.com -- Doordash Inc (NYSE:DASH) shone on its market debut earlier this week, with its stock soaring 80% on its opening trading day. Now, investors have to decide whether there's still a chance for gains. DoorDash has benefited from the pandemic that has forced people to stay home, ordering food delivered instead of eating...
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MILAN (Reuters) - Fiat Chrysler Chief Executive Mike Manley is in pole position to take over the top job at Ferrari (NYSE:RACE), Italian daily Il Messaggero said on Saturday in an unsourced report. Ferrari and Fiat declined to comment. Louis Camilleri retired with immediate effect as CEO of Ferrari late on Thursday citing personal reasons, after being in the role for nearly...
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BERLIN/MUNICH (Reuters) - The German government will buy a 25.1% stake in German defence supplier Hensoldt from private equity company KKR for 464 million euros ($562 million), people with knowledge of the matter said on Saturday. The sources said the purchase is intended to ward off a foreign buyer from taking control of Hensoldt, whose high-tech cameras are used in Tornado fighter...
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LONDON (Reuters) - Britain will fast track the movement of some perishable goods when its Brexit transition period with the European Union ends on Dec. 31 as part of efforts to deal with expected disruption at British ports, the BBC reported on Saturday. The British government has warned that even with a trade deal with the EU, 7,000 trucks heading for Channel...
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By Yasin Ebrahim Investing.com – The Food and Drug Administration on Friday gave emergency authorization to the Pfizer-and-BioNTech Covid-19 vaccine amid reported pressure from the White House, according to multiple press reports. Pfizer (NYSE:PFE) rose 0.2% in aftermarket hours and BioNTech SE (NASDAQ:BNTX) was up 0.1%. White House Chief of Staff Mark Meadows on Friday told Stephen Hahn, the...
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By David Shepardson WASHINGTON (Reuters) -Lawsuits filed against Facebook Inc (NASDAQ:FB) by the U.S. Federal Trade Commission and nearly every U.S. state on Wednesday were assigned to two U.S. judges in Washington appointed by former President Barack Obama, federal court records released Friday show. The antitrust complaint from 46 states, the District of Columbia and Guam was assigned to...
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