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India shares higher at close of trade; Nifty 50 up 1.03%

Investing.com – India equities were higher at the close on Tuesday, as gains in the IT, Technology and Green Energy sectors propelled shares higher. At the close in NSE, the Nifty 50 gained 1.03%, while the BSE Sensex 30 index added 0.99%. The biggest gainers of the session on the Nifty 50 were Adani Port and Special Economic Zone Ltd (NS:APSE),...

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Exclusive-Airbus to lose over $5 billion in orders under AirAsia X’s proposed restructuring

By Liz Lee KUALA LUMPUR (Reuters) - Aircraft manufacturer Airbus SE said it stands to lose more than $5 billion worth of aircraft orders if AirAsia X Bhd's (AAX) debt restructuring scheme goes through, court documents showed, joining more than a dozen creditors that have challenged the Malaysian low-budget carrier's plan. Airbus's challenge...

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Germany bans travellers from Britain, South Africa until Jan. 6 – document

BERLIN (Reuters) - Germany has imposed a travel ban for anyone coming from Britain, Northern Ireland and South Africa, which could remain in place until Jan. 6, according to a document seen by Reuters. Rail and bus operators, shipping companies and airlines are forbidden to transport people from those countries to Germany, it said. German citizens and people living in the...

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UPDATE 1-UK Stocks-Factors to watch on Dec 22

Dec 22 (Reuters) - Britain's FTSE 100 futures index (FFIc1) was down 0.49% ahead of the cash market open on Tuesday. Vodafone: Vodafone Group (VOD.L) offered to buy the remaining shares in Kabel Deutschland Holding (KD8Gn.H), which it does not already own, in a deal aimed at capping remaining risks from a long-running legal battle over its 2013 takeover...

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EasyJet defers Airbus aircraft deliveries

LONDON (Reuters) - British airline easyJet (LON:EZJ), whose finances have come under severe pressure during the COVID-19 pandemic, has agreed with Airbus to defer the delivery of aircraft, it said on Tuesday. European travel has been at very low levels for more than nine months, forcing easyJet to take on more debt, tap shareholders for cash and sell dozens of aircraft to...

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Britain tells shoppers food is plentiful despite freight halt

By James Davey LONDON (Reuters) - Britain said food was plentiful on Tuesday despite freight routes to mainland Europe remaining cut off, and people should not worry about supermarkets running out in the last few days before their traditional Christmas feast. Tesco (LON:TSCO) and Sainsbury's, Britain's two biggest supermarket groups, warned...

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Italians flock to ‘cashback’ card payment scheme despite objections

By Elisa Anzolin MILAN (Reuters) - More than 5.3 million Italians have signed up for a government scheme offering a 10% refund for card payments in stores in just two weeks, an attempt by Rome to curb tax evasion and help retailers hit by coronavirus restrictions. The roaring start to the scheme, which requires downloading an app followed by a drawn-out registration...

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FTSE 100 falls further as virus worries persist

(Reuters) - UK's FTSE 100 extended losses on Tuesday as more countries shut their borders to Britain due to fears about a highly infectious new coronavirus strain, while an impasse over a post-Brexit trade deal further dented the economic outlook. The blue-chip FTSE 100 fell 0.4% by 0805 GMT, after closing at a three-week low on Monday. France shut its border to arrivals...

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Analysis: From famine to feast, investment in European tech startups roars back

By Douglas Busvine BERLIN (Reuters) - With Europe in coronavirus lockdown, venture capital fund manager Fergal Mullen told his investors in April he would find it hard to back a startup without first meeting its founders. A couple of months later, the Geneva-based co-founder and partner of Highland Europe broke his own promise...

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