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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Murray wants assurance on quarantine issues before U.S. Open

(Reuters) – Players need assurance that they would not face mandatory quarantine upon returning to Europe from the U.S. Open before travelling to New York amid the COVID-19 pandemic, former world number one Andy Murray has said. Organisers United States Tennis... More »

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Next big COVID-19 treatment may be manufactured antibodies

(Reuters) – As the world awaits a COVID-19 vaccine, the next big advance in battling the pandemic could come from a class of biotech therapies widely used against cancer and other disorders – antibodies designed specifically to attack this new virus. Developme... More »

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Europe cushions workforce as U.S. lifeline runs threadbare

FRANKFURT/LOS ANGELES (Reuters) – – While millions of U.S. workers thrown into unemployment by the coronavirus pandemic fret about feeding their families, idled German airline purser Marco Todte is mainly concerned about his next vacation. Todte, 41, hasn’t fl... More »

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Strain on global manufacturing eases as euro zone returns to growth

LONDON/TOKYO (Reuters) – Euro zone manufacturing activity expanded modestly last month, its first growth since early 2019, and Asia’s pain eased as the contraction slowed in export-reliant nations, adding to hopes the sector is emerging from the hit of the cor... More »

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UK proposes cash back breathing space for property funds

LONDON (Reuters) – Investors in property funds should wait up to 180 days before they can get their money back to avoid widespread suspensions in rocky markets, Britain’s Financial Conduct Authority proposed on Monday. UK-regulated open-ended property funds of... More »

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McIlroy targets majors with renewed focus after shutdown

(Reuters) – Rory McIlroy says the coronavirus shutdown has made him more focused on adding to his tally of four major titles, the last of which came in 2014. The 31-year-old will compete in the PGA Championship at Harding Park starting on Thursday, before the ... More »

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Aubameyang double helps Arsenal beat Chelsea for 14th FA Cup trophy

(Reuters) – Arsenal skipper Pierre-Emerick Aubameyang scored twice to help his side secure a 2-1 win over 10-man Chelsea in the FA Cup final on Saturday for a record-extending 14th crown in the competition – and a spot in next season’s Europa League. Victory a... More »

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VIP waxworks socially-distance outside London’s Madame Tussauds

LONDON (Reuters) – Madame Tussauds’ most famous figures led by example and formed a socially distanced queue outside the soon-to-be reopened wax museum on Thursday, with Queen Elizabeth leading the way followed by British Prime Minister Boris Johnson then musi... More »

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A tour of crumbling Malta villa where the Queen lived in her 20s

VALLETTA (Reuters) – It is the only property outside of Britain that Queen Elizabeth called home. A crumbling villa near Malta’s capital, Valletta, where the heir to the English throne lived between 1949 and 1951, is about to get a new lease of life as a museu... More »

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Scientists solve mystery of the origin of Stonehenge megaliths

(Reuters) – Scientists have solved an enduring mystery about Stonehenge, determining the place of origin of many of the megaliths that make up the famed monument in Wiltshire, England, thanks to a core sample that had been kept in the United States for decades... More »

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Decision on staging London Marathon 2020 delayed until next month

(Reuters) – A decision on whether this year’s London Marathon can be held has been pushed back until Aug. 7, the organisers said on Monday. The event, originally scheduled for April 26, was postponed to Oct. 4 after the COVID-19 pandemic disrupted the internat... More »

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Oil up on weak dollar though U.S.-China tensions, virus weigh

SINGAPORE/LONDON (Reuters) – Oil prices edged higher on Monday helped by a weak dollar and expected U.S. stimulus measures but gains were capped by rising global coronavirus cases and tensions between the United States and China. Brent crude LCOc1 rose 32 cent... More »

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‘Hopeless addict’ Depp was a violent misogynist, court hears

LONDON (Reuters) – Johnny Depp was a drug addict prone to violent rages and a misogynist who assaulted his wife and used abusive language about women, a London court was told on Monday as the actor’s libel trial against a British tabloid neared its ending. The... More »

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Gold roars to record high, dollar dives again

LONDON (Reuters) – Gold soared to an all-time high on worsening ties between the United States and China, a sinking dollar and ultra-low interest rates on Monday, while stock markets faltered before a deluge of corporate earnings. Europe’s main stock markets w... More »

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‘Apprehensive’ Murray mentally switched on for U.S. Open

(Reuters) – Britain’s Andy Murray is still feeling “apprehensive” about travelling to New York for the U.S. Open amid the COVID-19 pandemic but the former world number one says he is mentally preparing for the Grand Slam. The United States has the highest numb... More »

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‘Gone With The Wind’ star Olivia de Havilland dies aged 104

(Reuters) – “Gone With the Wind” star Olivia de Havilland, considered the last surviving actress of the Golden Age of Hollywood, died on Sunday at the age of 104, the Hollywood Reporter said. She died of natural causes at her home in Paris, where she had lived... More »

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UK rapper Wiley faces police probe over accusations of anti-Semitism

LONDON (Reuters) – British rap artist Wiley is facing a police investigation after a string of anti-Semitic comments appeared on his social media accounts, prompting his management to drop him. The rapper’s Twitter account, which has half a million followers, ... More »

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Man parades down Oxford Street wearing nothing but mask

LONDON (Reuters) – A man strolled down central London’s most popular shopping street on Friday with only a mask to cover his nudity, leaving passerbys astounded, amused and shocked. As the man walked nonchalantly along Oxford Street, naked except for the light... More »

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Rembrandt and Picasso entice life back to auctions after lockdown

LONDON (Reuters) – Works by Rembrandt, Miro and Picasso are being offered to entice life back to the auction world next week when Sotheby’s holds its first face-to-face sale since the coronavirus in London with a line-up from the Renaissance to the European Av... More »

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UK asks Japan for Huawei alternatives in 5G networks: Nikkei

TOKYO (Reuters) – The British government has asked Japan to help build its 5G wireless networks without Huawei Technologies [HWT.UL], the Nikkei said on Sunday, a further step in a global technology and security war between the United States and China. Britain... More »

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EU leaders show first signs of compromise on stimulus plan

BRUSSELS (Reuters) – Signs emerged that leaders of northern European Union countries were willing to compromise on a 1.8 trillion euro ($2 trillion) coronavirus stimulus plan on Monday as talks in Brussels extended to a fourth day. Divided and slow to respond ... More »

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Analysts’ View: EU progress lifts euro, stocks on the defensive

LONDON (Reuters) – EU leaders reported some progress on Monday after three days of haggling over a coronavirus stimulus plan, sending the euro to a four-month high and Italy’s borrowing costs to lows not seen since March. An attempt to reach a compromise faile... More »

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Oil falls as virus infections rise, eyes on EU recovery plan

LONDON (Reuters) – Oil prices fell on Monday as coronavirus cases increased in many countries across the globe, but investors remained cautiously optimistic about ongoing talks over a European Union-wide recovery fund to revive economies affected by the pandem... More »

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Euro hits four-month high on hopes for EU recovery fund deal

LONDON (Reuters) – The euro retreated after hitting a 19-week high of $1.1467 on Monday after EU summit chairman Charles Michel said a recovery fund to revive economies hit by the COVID-19 pandemic could contain 390 billion euros in grants. EU leaders have mad... More »

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European stocks slip as cyclicals retreat, EU talks in focus

(Reuters) – European shares fell on Monday, dragged down by cyclical sectors amid a surge in coronavirus cases globally, while investors remained cautiously optimistic about the ongoing talks over an EU-wide recovery fund. An index of eurozone shares .STOXXE s... More »

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China urges UK to avoid taking wrong path in Hong Kong affairs

BEIJING (Reuters) – China on Monday urged Britain to avoid making further steps down wrong path after reports that it was poised to suspend an extradition treaty for Chinese-ruled Hong Kong. Foreign ministry spokesman Wang Wenbin made the remark during a daily... More »

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Actress Heard to be quizzed over her Depp ‘wife beater’ claims

LONDON (Reuters) – Actress Amber Heard will be questioned about her allegations that she suffered domestic abuse at the hands of ex-husband Johnny Depp when she begins giving evidence on Monday as part of the Hollywood star’s libel case against a British tablo... More »

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Factbox: Johnny Depp’s libel case – The evidence so far

LONDON (Reuters) – Johnny Depp is suing the publisher of Britain’s Sun newspaper and its executive editor Dan Wootton for libel over an article that described the movie star as a “wife beater”. Depp has given five days of testimony. This week, London’s High Co... More »

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Hamilton criticises F1 after ‘rushed’ anti-racism gesture

(Reuters) – Six times world champion Lewis Hamilton criticised Formula One’s leaders after what he called a “rushed” anti-racism gesture by some drivers before the start of Sunday’s Hungarian Grand Prix. Hamilton, who won from pole position to take the champio... More »

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G20 finance officials eye solution to digital tax row this year

WASHINGTON/BERLIN (Reuters) – Finance officials from the Group of 20 major economies on Saturday vowed to resolve major differences over taxing big tech companies and reach a broad, consensus-based solution on international taxation this year. The United State... More »

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Steroid’s COVID-19 benefits confirmed- spotlight on immune cells

(Reuters) – The following is a brief 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. Full dexamethasone trial results released The full results... More »

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Paper made up quotes to defame Depp, actress tells UK libel trial

LONDON (Reuters) – Actress and #MeToo campaigner Katherine Kendall said on Friday Britain’s Sun newspaper had deliberately misused her quotes in an article which labelled Hollywood star Johnny Depp a “wife beater”. Depp, 57, is suing the publisher of that news... More »

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Euro zone shares flat as EU recovery plan awaited- Ericsson soars

(Reuters) – Euro zone shares were little changed on Friday as investors awaited the outcome of an European Union summit where leaders are expected to hammer out details of a 750-billion-euro ($858 billion) recovery fund. The euro zone STOXX index .STOXXE was f... More »

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Triple jump champion Taylor supports Games protest option

(Reuters) – Twice Olympic triple jump champion Christian Taylor has joined calls to allow athletes to protest peacefully during the Games as anti-racism stances are increasingly seen at sports events in the wake of George Floyd’s death in U.S. police custody. ... More »

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Banksy mural stolen at Bataclan returned to France from Italy

ROME (Reuters) – Italy on Tuesday handed back to France a mural painted by British street artist Banksy which was stolen from the Paris Bataclan theatre, where militant Islamist gunmen killed scores of people in an attack in November 2015. In June 2018, Banksy... More »

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UK to ban Huawei from 5G network

LONDON (Reuters) – Prime Minister Boris Johnson’s government will ban Huawei from Britain’s 5G network by ordering telecoms companies to remove its equipment by 2027, Media Secretary Oliver Dowden said on Tuesday. Operators will not be able to purchase 5G comp... More »