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Scientists see downsides to top COVID-19 vaccines from Russia, China

(This August 31 story is refiled to add dropped word founding to Ertl’s title in paragraph 13) By Allison Martell and Julie Steenhuysen TORONTO/CHICAGO (Reuters) – High-profile COVID-19 vaccines developed in Russia and China share a potential shortcoming: They... More »

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Macron to Lebanese leaders: reform swiftly or face consequences

BEIRUT/PARIS (Reuters) – French President Emmanuel Macron on Tuesday gave Lebanese politicians until the end of October to start delivering on reforms, saying financial aid would be withheld and sanctions imposed further down the line if corruption gets in the... More »

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Earthquake of magnitude 6.8 strikes near coast of northern Chile

(Reuters) – A magnitude 6.8 earthquake struck near the coast of Northern Chile on Tuesday, the GFZ German Research Centre for Geosciences said, with local news media reporting some damage and minor landslides in areas near the epicenter. Chile’s interior minis... More »

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Betting on Asia’s debt, Europe’s hunt for yield heads east

SINGAPORE/AMSTERDAM (Reuters) – Low yields at home are sending some previously shy European investors into Asia’s credit markets, money managers say, lured by the promise of higher returns and a hope that rebounding economies can hold defaults at bay. Unlike i... More »

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Macron marks Lebanon’s centenary as nation teeters on brink

BEIRUT (Reuters) – French President Emmanuel Macron marked Lebanon’s centenary on Tuesday by planting a cedar tree, the emblem of the Middle East country that is collapsing under the weight of a crippling economic crisis. In his second trip to Lebanon in less ... More »

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German manufacturing recovery remains on track in August: PMI

BERLIN (Reuters) – German manufacturers’ recovery from lockdown measures continued last month, with output growing at the fastest pace since February 2018, a survey showed on Tuesday. IHS Markit’s final Purchasing Managers’ Index (PMI) for manufacturing, which... More »

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Turkey detains senior Islamic State figure, minister says

ISTANBUL (Reuters) – Turkish police have arrested the Islamic State militant group’s top figure in Turkey, Interior Minister Suleyman Soylu said on Tuesday. Soylu said on Twitter “important plans” had been seized along with the militant. No further details wer... More »

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Citi’s Rousseau to focus on France, financial advisory across EMEA

LONDON (Reuters) – Citigroup (C.N) has hired Robin Rousseau as a vice chairman of investment banking for Europe, the Middle East and Africa, a memo seen by Reuters shows. Based in Paris, Rousseau will focus on the bank’s French client franchise while also prov... More »

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Spanish prime minister moderately optimistic about economic recovery

MADRID (Reuters) – Spanish Prime Minister Pedro Sanchez said on Tuesday he was moderately optimistic about the country’s economic recovery from its worst downturn on record caused by the impact of the coronavirus pandemic. Sanchez reiterated that gross domesti... More »

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European shares boosted by tech- all eyes on upcoming data

(Reuters) – Technology stocks drove European shares higher on Tuesday, but sentiment was shaky ahead of key economic readings that are likely to indicate an uneven recovery from the coronavirus. Apple (AAPL.O) suppliers in the region rose after the iPhone make... More »

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Big Oil’s patchy deals record casts shadow over green makeover

LONDON (Reuters) – As major oil companies prepare to spend billions on renewable energy assets to stay relevant in a low-carbon future, the industry’s patchy track record on takeovers is a red flag for some investors. Ten years ago, the world’s top energy comp... More »

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Former No. 1 Kerber eyeing improvement after rehiring coach Beltz

(Reuters) – Angelique Kerber has not won a title since 2018 but the former world number one is hoping better days lie ahead after rehiring compatriot Torben Beltz as her coach and restoring a partnership that helped the German win two of her three Grand Slam t... More »

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Oil prices rise 1% as mood on dollar sours

MELBOURNE/SINGAPORE (Reuters) – Oil prices gained on Tuesday, reversing overnight losses, as investors moved into risk assets and stayed away from the safe-haven U.S. dollar which hit multi-year lows. Brent crude LCOc1 futures climbed 47 cents, or 1%, to $45.7... More »

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Vivendi and Amber to go to court over Lagardere’s EGM refusal

PARIS (Reuters) – French media conglomerate Vivendi (VIV.PA) and activist fund Amber Capital – the two biggest shareholders in French company Lagardere (LAGA.PA) – said they would go to court over Lagardere’s refusal to hold a special shareholders meeting. The... More »

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Djokovic rolls into second round with win over Dzumhur

NEW YORK (Reuters) – Novak Djokovic got his campaign to win a fourth U.S. Open, and 18th Grand Slam title overall, off to a flying start on Monday by beating Damir Dzumhur 6-1 6-4 6-1 to advance to the second round. Djokovic broke Dzumhur’s serve for a seventh... More »

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Highlights: U.S. Open day one

NEW YORK(Reuters) – Highlights of the first day at the U.S. Open on Monday (times ET- GMT-4). The Grand Slam, the second this year after Wimbledon was cancelled and the French Open was postponed, is being played without spectators due to the COVID-19 pandemic:... More »

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Djokovic embracing the pressure as he extends winning streak

NEW YORK (Reuters) – Novak Djokovic showed a bit more passion than might have been expected in his first-round win over Damir Dzumhur on Monday but the world number one brushed aside any question that he was feeling the pressure as overwhelming U.S. Open favou... More »

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Spain reports more than 23,000 new COVID-19 cases since Friday

MADRID (Reuters) – Spain has registered more than 23,000 new COVID-19 cases since Friday, health emergency chief Fernando Simon told a news conference on Monday, suggesting the infection rate had declined slightly from an Aug. 21 peak. Health ministry data sho... More »

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WikiLeaks, key player in 2016 U.S. election, suffers brief outage

WASHINGTON (Reuters) – Secret-spilling website WikiLeaks, a pivotal player in the email leaks that buffeted the 2016 U.S. presidential election, suffered a brief outage on Monday. Visitors to the site were met with an error message saying the security certific... More »

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Frans Hals painting ‘Two Laughing Boys’ stolen for a third time

AMSTERDAM (Reuters) – Thieves stole a painting by Dutch Golden-Age master Frans Hals from a small museum near the Dutch city of Utrecht on Thursday, police said, the third time the canvas has been stolen. The artwork, valued at 15 million euros ($18 million) b... More »

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Factbox: High profile art thefts

(Reuters) – Thieves stole “Two Laughing Boys” by Dutch Golden Age painter Frans Hals from a small museum near the Dutch city of Utrecht, police said on Thursday. The painting, dating from 1626, has been stolen twice before in its four-century history, includin... More »

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EU watchdog flags harder line on cross-border funds management

LONDON (Reuters) – Brexit safeguards to stop asset managers in Britain running “shell” investment funds in the European Union to retain access to its markets should be hardwired into EU law, the bloc’s securities watchdog said on Wednesday. After Britain voted... More »

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New dog walking rule in Germany leaves owners scratching their heads

BERLIN (Reuters) – A new rule forcing Germans to take their dog for a walk twice a day has unleashed a debate on whether the state can decide what is best for the country’s 9.4 million pet canines. Agriculture Minister Julia Kloeckner announced this week she h... More »

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Russia reports nearly 5,000 new coronavirus cases

MOSCOW (Reuters) – Russia reported 4,892 new cases of the novel coronavirus on Monday, pushing its tally so far to 927,745, the fourth largest in the world. Authorities said 55 people had died across the country in the last 24 hours, increasing Russia’s offici... More »

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Czech reported coronavirus cases exceed 20,000

PRAGUE (Reuters) – The Czech Republic’s overall number of coronavirus cases rose above 20,000, as the country tries to contain regional hotspots of the virus. As of Aug. 16, there were 20,012 cases in the country of 10.7 million, with 121 new cases found on Su... More »

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German watchdog launches Amazon investigation: report

BERLIN (Reuters) – Germany’s anti-trust authority has launched an investigation into Amazon’s relationship with third-party traders selling on its site, its head was quoted as saying on Sunday. “We are currently investigating whether and how Amazon influences ... More »

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Back to the paddy fields. COVID smashes Indian middle-class dreams

DUTTA NAGAR, India (Reuters) – Until late March, Ashish Kumar was helping to make plastic boxes for Ferrero Rocher praline chocolates and the plastic spoons tucked inside Kinder Joy eggs to scoop out the milky sweet cream inside. With a diploma in plastic moul... More »

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Asia shares push ahead as China markets jump

SYDNEY (Reuters) – Asian shares crept back toward recent peaks on Monday as Chinese markets swung higher, while investors waited to see if the recent sell-off in longer-dated U.S. Treasuries would extend and maybe take some pressure off the beleaguered dollar.... More »

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Take Five: Impasse!

1/WALL STREET WATCHES WASHINGTON U.S. lawmakers negotiating a fresh dose of stimulus have reached an impasse. Trillions of dollars injected by the Federal Reserve and huge government spending increases have stemmed coronavirus-linked economic damage, fuelling ... More »

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Dollar in the doldrums- U.S. politics, Fed minutes eyed

SINGAPORE (Reuters) – The dollar slipped marginally and commodity currencies inched higher on Monday as investors were relieved by a delay in the review of the U.S.-China trade pact which left the deal intact. The moves in the Asia session were modest, as weak... More »

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Trump says he is considering pardon for leaker Edward Snowden

WASHINGTON (Reuters) – U.S. President Donald Trump said on Saturday he is considering a pardon for Edward Snowden, the former U.S. National Security Agency contractor – now living in Russia – whose spectacular leaks shook the U.S. intelligence community in 201... More »

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Halep wins Prague title, to decide on U.S. Open on Monday

(Reuters) – World number two Simona Halep said she will announce on Monday whether she will play at the U.S. Open. Speaking after her victory over Elise Mertens in the Prague Open final, the 28-year-old Romanian said “she just needed her time” to make a decisi... More »

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Unilever to rename German ‘gypsy sauce’ after complaints

BERLIN (Reuters) – Unilever’s (ULVR.L) German food company Knorr will rename its popular “Zigeuner” – or gypsy – sauce as Hungarian-style paprika sauce after complaints that the name is offensive, becoming the latest brand to shift after a wave of protests ove... More »

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Stocks dip on lukewarm data- oil falls

NEW YORK (Reuters) – Stocks fell on Friday as data out of China, the euro zone and the United States put a lid on expectations for a sustained global rebound, with traders already worried about a delay in U.S. fiscal stimulus. A review of the U.S.-China trade ... More »

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Virus spike pushes Sarajevo Film Festival online

SARAJEVO (Reuters) – The Sarajevo Film Festival will be launched entirely online on Friday after a spike in coronavirus cases forced organisers to cancel plans to stage Europe’s first in-person movie fair since the outbreak of the pandemic. Just ten days ago a... More »

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Big cats’ droppings help German circus weather coronavirus crisis

BERLIN (Reuters) – One creature’s droppings can be another’s treasure, as Germany’s Krone Circus is finding out during the new coronavirus pandemic. Home to 26 lions and tigers, the circus has found an unusual side income and raised money despite coronavirus-r... More »

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Havana, the ‘Paris of the Caribbean,’ gets its own Eiffel Tower

HAVANA (Reuters) – Havana was once dubbed the ‘Paris of the Caribbean’ for its beautiful architecture, vibrant arts scene, and flourishing nightlife. Now it even has its own Eiffel Tower. The illuminated four-meter (13-ft) high replica by Cuban blacksmith Jorg... More »

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20,000 paper birds help fund COVID-19 units at Belgium hospital

BRUSSELS (Reuters) – A flock of 20,000 multicoloured origami birds has been installed in a cathedral in Brussels, Belgium, as part of a fundraising artwork that has paid for two COVID-19 units at a local hospital. Suspended from the ceiling of the medieval Cat... More »

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Equinor appoints new CEO to speed up renewable investments

OSLO (Reuters) – Equinor (EQNR.OL) on Monday announced the appointment of Anders Opedal as chief executive effective from Nov. 2 as the Norwegian oil and gas group looks to speed up a move into renewable energy. The new CEO, who had been executive vice preside... More »

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Russia fines Google for not blocking banned content – Ifax

MOSCOW (Reuters) – A Russian court on Monday fined Google 1.5 million roubles ($20,350) after finding it guilty of failing to block content banned in Russia, the Interfax news agency reported. Source: https://www.reuters.com/article/us-russia-alphabet-lawsuit/... More »

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Oil climbs on positive China data, rising demand

LONDON (Reuters) – Oil rose on Monday, supported by an improvement in Chinese factory data and rising energy demand as countries eased coronavirus-related lockdowns, but traders remained cautious due to U.S.-China tensions and uncertainty over a U.S. stimulus ... More »

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European stocks flat as tech losses offset China data optimism

(Reuters) – European shares were largely flat on Monday as renewed U.S.-China tensions hit technology stocks, but a slowing decline in China’s producer prices and rising oil prices limited losses. The pan-European STOXX 600 index edged up 0.1% at the start of ... More »

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Coronavirus accelerates European utilities’ digital drive

MILAN/FRANKFURT (Reuters) – When COVID-19 plunged Italy into lockdown, it was decision time at the Verampio power station. The control room, which runs a fleet of hydroelectric plants across the Piedmont region, hard hit by the pandemic, had to be secured to k... More »

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Dollar rally regains some momentum- Aussie and Kiwi fall

LONDON (Reuters) – The dollar rose in early London trading on Monday, including versus the euro and Swiss franc, with investors focusing on fiscal stimulus in the United States and U.S.-China tensions ahead of key trade talks on August 15. After talks in Washi... More »

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Russia reports more than 5,100 new coronavirus cases

MOSCOW (Reuters) – Russian authorities confirmed 5,118 new cases of the novel coronavirus on Monday, pushing the national case tally to 892,654, the fourth largest in the world. The official death toll rose to 15,001 after authorities said in their daily coron... More »

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BP’s green energy targets will be tough to meet

LONDON (Reuters) – BP (BP.L) will need to invest tens of billions of dollars over the next decade and may have to accept lower returns than it can get from oil if it is to meet its target of becoming one of the world’s largest renewable power generators. The B... More »

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Germany’s confirmed coronavirus cases rise by 436 to 216,327: RKI

BERLIN (Reuters) – The number of confirmed coronavirus cases in Germany increased by 436 to 216,327, data from the Robert Koch Institute (RKI) for infectious diseases showed on Monday. The reported death toll rose by one to 9,197, the tally showed. Source: htt... More »

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UK COVID-19 daily death count could be scrapped: Telegraph

(Reuters) – The UK’s official COVID-19 daily death count could be scrapped following an investigation into Public Health England’s method of counting the toll, The Telegraph newspaper reported. The conclusions of the investigation, which was ordered by Health ... More »

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Makeover: UK fashion bible Vogue turns serious for September

LONDON (Reuters) – Misan Harriman hopes to encourage employers to cast the recruitment net more widely with his Vogue cover portrait of influential Black activists in place of the usual pouting stars. Footballer Marcus Rashford, who helped force a UK governmen... More »

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Special Report: COVID opens new doors for China’s gene giant

SYDNEY (Reuters) – As countries scramble to test for the novel coronavirus, a Chinese company has become a go-to name around the world. BGI Group, described in one 2015 study as “Goliath” in the fast-growing field of genomics research, is using an opening crea... More »

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Abu Dhabi’s Tawazun to build satellite centre with Airbus

DUBAI (Reuters) – Abu Dhabi state defence and security entity Tawazun is to build a satellite assembly, integration and testing centre with Airbus in the United Arab Emirates’ oasis city of Al Ain, state news agency WAM reported on Wednesday. The centre also i... More »

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Italy sees signs of hope in new Genoa bridge

MILAN (Reuters) – Two years after part of Genoa’s Morandi motorway bridge collapsed, killing 43 people, a new structure opens in its place on Monday, an achievement in stark contrast to stalled infrastructure projects elsewhere in Italy. The new kilometre-long... More »

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Oil steady as virus fears counter positive factory data

LONDON (Reuters) – Oil prices steadied on Monday, pressured by rising COVID-19 cases around the globe and by oversupply worries as OPEC and its allies are set to wind back output cuts in August, but supported by positive industry data in Europe and Asia. Brent... More »

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Ferrari trims full-year outlook after second-quarter earnings skid

MILAN (Reuters) – Luxury carmaker Ferrari (RACE.MI) trimmed its full-year earnings forecast on Monday after second-quarter income plunged due to supply chain and production disruptions due to the coronavirus pandemic. The company known as the ‘Prancing Horse’ ... More »

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Cycling: Start of Tour de France in Denmark moved to 2022

COPENHAGEN (Reuters) – Denmark’s staging of the Tour de France’s start, known as the ‘Grand Depart’, has been pushed back a year to 2022, Danish organisers said in a statement on Monday. The Danish organisation charged with planning the start of the Tour de Fr... More »

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Summer mood swings: markets turn higher on hopes of virus aid

LONDON (Reuters) – World stocks and the dollar rallied after a cautious European morning as thin summer trading led to sharp swings in the market, and worries about U.S. gridlock over the next round of coronavirus aid eased. In Europe, stocks were up 1.2% as t... More »