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International News
23 Nov
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Europe close: Stocks give back early gains

European shares pared early gains on Monday even after positive news around AstraZeneca's Covid-19 vaccine.

23 Nov
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US economic activity hits March 2015 highs, IHS Markit says

The fourth wave of Covid-19 infections in the US failed to dent the economic rebound in the US, the results of two closely-followed surveys revealed.

23 Nov
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Proof of Covid-19 vaccination may be required for travel, says Qantas

International passengers will only be able to travel on Qantas flights if they have been vaccinated against Covid-19, the airline’s chief executive has suggested.

23 Nov
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Airbnb finally files for end-2020 IPO

Airbnb finally filed for its long-awaited initial public offering on Monday and is reportedly aiming to raise $3bn in a transaction that would give it a valuation of $30bn.

23 Nov
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Merck to buy Oncolmmune for $425m

Merck has agreed to buy privately-held, clinical-stage biopharmaceutical company OncoImmune for an upfront payment of $425m in cash.

23 Nov
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CMA mulling opening investigation into Google 'privacy sandbox' adtech

The UK’s Competitive Markets Authority is mulling whether to open an investigation into Google after receiving a complaint against what a group of companies alleged was an anticompetitive new advertising technology which the search giant was set to roll-out early in 2020.

23 Nov
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US pre-open: Futures higher as vaccine optimism drives gains

Wall Street futures had stocks opening higher ahead of the bell on Monday as another round of positive Covid-19 vaccine headlines boosted optimism among traders.

23 Nov
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Bank may soften resistance to restart of UK lenders' dividend payouts

UK regulators may be set to ease their resistance to dividend payments starting from early 2021.

23 Nov
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Danone to cut 2,000 jobs as part of company-wide overhaul

Danone is to cut up to 2,000 jobs, or 2% of its global workforce, as part of a wide-reaching overhaul of the business intended to save more than €1bn by 2023.

23 Nov
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Eurozone business activity slumps amid Covid-19 second wave

Eurozone business activity fell sharply in November, putting the bloc on track for a double-dip recession as governments imposed restrictions to stem a second wave of Covid-19 infections.

23 Nov
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Aviva sells Italian life joint venture stake for €400m

Aviva has agreed to sell its 80% stake in its Italian life insurance joint venture to its partner UBI Banca for €400m (£356m) in cash as the insurer continues to reduce its international operations.