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Britain's Top Warehouse Specialist Posts 62% Profit Surge as Firms Scramble for Space
Segro, a U.K.-listed firm specializing in urban and big box warehouses across Europe, reported Friday a 62% increase in profit before tax between 2019 and 2020.
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UK Will Soon Expose Volunteers to Covid in World's First ‘Human Challenge' Study
The U.K. is to be the first country in the world to run a Covid-19 “human challenge” study, following approval from the country’s clinical trials ethics body.
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London Exodus May Strengthen EU's Hand in Brexit Financial Services Deal
The U.K. and the EU have yet to find a solution for the financial services industry after Brexit. Recent data suggests Brussels may have the upper hand in talks.
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Lucky Strike-Maker British American Tobacco Is Looking Carefully at the Cannabis Trend
British American Tobacco is looking at selling more cannabis products as it seeks to find new sources of revenue beyond cigarettes.
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U.S. VC Heavyweight Sequoia Is Shunning London's Mayfair to Open a New Office in Marylebone
Sequoia has shunned London’s exclusive Mayfair neighborhood and decided to set up shop in nearby Marylebone.
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Doctors Warn That Covid Will Become Endemic and People Need to Learn to Live With It
More and more physicians and public health officials are warning that even with the mass rollout of vaccines, Covid may become endemic.
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UK Suffers Worst Annual Economic Slump Since the Great Frost of 1709, a 9.9% Decline
The U.K. economy experienced its largest contraction since records began in 2020, as the coronavirus pandemic ravaged Britain’s economic activity.
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KPMG UK Boss Quits After Telling Staff to Stop Moaning About Pandemic Working Conditions
Bill Michael, U.K. chairman of accounting giant KPMG, has quit his role after telling staff to stop moaning about the coronavirus pandemic.
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Draghi Wins Backing of Italy's Five-Star Movement, Paving Way for New Government
Members of the leftist Five-Star Movement opted to back Draghi in an online poll conducted Thursday.
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AstraZeneca Sales Rise 10% in 2020, Drugmaker Sees Revenue Growth Ahead
AstraZeneca has featured prominently in 2020 because of its coronavirus vaccine, although it has said will not profit from the inoculations during the pandemic.
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UK Coronavirus Variant on Course ‘to Sweep the World,' Leading Scientist Says
A variant of the coronavirus that first emerged in the U.K. could become the dominant form worldwide, the head of the U.K.’s virus surveillance program says.
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Oil Giant Shell Says Its Carbon Emissions and Oil Production Have Peaked
It comes at a time when the oil and gas industry is under immense pressure to dramatically speed up its plans to pivot away from fossil fuels.
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There Has Been a ‘Change in Sentiment' on Regulating Google, Travel Firm CEO Says
Axel Hefer, the chief executive of European travel booking firm Trivago, believes attitudes toward the world’s biggest technology companies have changed.
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SoftBank-Backed Tier Plans to Charge Its E-Scooter Batteries in Local Shops
Berlin mobility start-up Tier has a grand plan to charge the batteries that power its rental e-scooters and mopeds in shops around the world.
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AstraZeneca-Oxford Vaccine Works Against Covid Variant Found in the UK, Data Shows
The coronavirus vaccine developed by AstraZeneca and Oxford University has the same level of efficiency against the new Covid variant, according to new data Friday.
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‘The European Who Will Save Italy': Former PM Says the Country Will Be in ‘Good Hands' With Mario Draghi
Italy’s latest political crisis was triggered when Renzi’s party withdrew political support for the coalition government led by Giuseppe Conte.
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AstraZeneca Vaccine Can Slow the Spread of Covid, and Delayed Second Dose Works, Oxford Data Shows
Researchers at the University of Oxford found that the vaccine was 76% effective at preventing symptomatic infection for three months after one dose.
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Moonpig Shares Jump 25% in First Major London Tech Listing of the Year
Shares in online card retailer Moonpig jumped 25% within minutes of pricing its initial public offering on the London Stock Exchange on Tuesday.
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Ryanair Expects a Loss of Over $1 Billion This Year as Travel Restrictions Bite
Ryanair expects this fiscal year to be “the most challenging” in its 35 year-history on the back of travel restrictions across Europe.
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SoftBank-Backed Online Car Dealer Auto1 to Go Public in First Quarter, Plans to Raise $1.2 Billion
German online car trading platform Auto1 on Wednesday announced it is planning to list on the Frankfurt Stock Exchange in the first quarter of 2021.