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• Gradual reopening of English theatres and sports venues unveiled

  13-08-2020 23:48
  Johnson announces further easing of controls on more sectors of the economy but along with stricter fines
  
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• WeWork gets new $1.1 billion commitment from SoftBank, cuts burn rate

  13-08-2020 23:47 via uk.finance.yahoo.com
  
  The owner of money-losing shared office provider WeWork told employees on Thursday it has slashed its cash burn rate almost in half from the end of last year and obtained a $1.1 billion (840 million pounds) commitment in new financing from majority owner SoftBank .The We Company said in an e-mail to employees that its second-quarter results show the coronavirus pandemic has hurt business but its financial position remains strong."Our early efforts to become a more streamlined, cash-conscious org
  
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• Climate crisis: Wind and solar produce record 10% of world’s electricity, but scientists warn faster change is needed

  13-08-2020 23:44 via uk.finance.yahoo.com
  
  Use of coal is falling and renewables are surging around the world, but the progress is not enough to meet the targets set under the 2015 Paris climate agreement, scientists have warned.Over the first half of 2020, wind turbines and solar panels together produced a record 10 per cent of the world’s electricity - a rise of 14 per cent compared with the same period last year.
  
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• California court rules Amazon is liable for injuries from defective products

  13-08-2020 23:40 via uk.finance.yahoo.com
  
  Amazon.comcan be held liable like other traditional retailers for injuries from defective products sold via its sprawling e-commerce marketplace, a California state appeals court ruled on Thursday.The decision overturned a San Diego Superior Court ruling that the world's biggest online retailer was shielded from liability because it acted as a service provider, which is not subject to California product liability law.In addition to selling its own inventory, Amazon allows third-party vendors to
  
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• Fortnite maker sues Apple over removal of popular video game from App Store

  13-08-2020 23:38 via uk.finance.yahoo.com
  
  Fortnite maker sues Apple over removal of popular video game from App Store. Removal came after Fortnite circumvented Apple’s in-app payments, encouraging users to pay gaming company directly
  
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• Fortnite: Apple ban sparks court action from Epic Games

  13-08-2020 23:29 via bbc.co.uk
  
  Epic Games says it is taking Apple to court over "monopolistic" policies after it banned Fortnite.
  
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• Fortnite developer Epic Games sues Apple and Google over app store ban

  13-08-2020 23:27 via uk.finance.yahoo.com
  
  The makers of Fortnite have sued both Apple and Google after the two tech giants removed the game from their app stores.The firms prevented players from installing one of the world's most popular games from their platforms in a row over payment methods.
  
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• 'Free Fortnite': Epic Games sues Apple and Google over app store ban

  13-08-2020 23:27 via uk.finance.yahoo.com
  
  The makers of Fortnite have sued both Apple and Google after the two tech giants removed the game from their app stores.The firms prevented players from installing one of the world's most popular games from their platforms in a row over payment methods.
  
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• Class of 2020 needs every help to survive deepest recession in history

  13-08-2020 23:23 via uk.finance.yahoo.com
  
  Class of 2020 needs every help to survive deepest recession in historyThe government must rise to the challenge thrown up by the pandemic to support young adults and school-leavers
  
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• Apple removes Fortnite from App Store due to payment dispute

  13-08-2020 22:24 via uk.finance.yahoo.com
  
  Apple has removed the hugely popular game Fortnite from its App Store following a dispute with the game’s developer Epic Games over payment options.
  
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• Fortnite maker sues Apple, Google after removal of game from app stores

  13-08-2020 21:48 via uk.finance.yahoo.com
  
  Apple and Google cited a direct payment feature rolled out on the Fortnite app earlier on Thursday as the violation.Epic sued in U.S. court seeking no money from Apple or Google but rather injunctions that would end many of the companies' practices related to their app stores.
  
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• Fortnite maker sues Apple after removal of game from App Store

  13-08-2020 21:48 via uk.finance.yahoo.com
  
  The move came after Epic Games enabled a direct payment feature on the Fortnite app, which Apple said violated its in-app payment guidelines."Apple's removal of Fortnite is yet another example of Apple flexing its enormous power in order to impose unreasonable restraints and unlawfully maintain its 100% monopoly over the iOS In-App Payment Processing Market," Epic said in a statement.
  
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• Toyota, Mazda joint venture Alabama plant will now cost $2.3 billion

  13-08-2020 21:39 via uk.finance.yahoo.com
  
  Toyota Motor Corpand Mazda Motor Corpsaid on Thursday they will invest $2.3 billion (1.76 billion pounds) in a new joint venturefactory in Alabama, $830 million more than announced in their original plan in 2018.Production is expected to start next year building up to 150,000 future Mazda crossover vehicles and 150,000 Toyota sport utility vehicles annually.
  
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• Dire state of UK jobs market revealed as 4,228 people apply for one entry-level vacancy

  13-08-2020 21:31 via uk.finance.yahoo.com
  
  Companies are receiving thousands of applications for jobs which would only have attracted a handful of applicants before the coronavirus pandemic, research has found.The most popular role was an entry-level position as a paralegal which received 4,228 applications. Some 3,333 people applied for a job as a human resources assistant and 3,272 for a trainee accountancy job, according to jobs website CV-Library.
  
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• Fortnite maker sues Apple for monopoly abuse after being kicked off App Store

  13-08-2020 21:22 via uk.finance.yahoo.com
  
  Apple is being sued by the company behind the blockbuster video game Fortnite, claiming the iPhone maker abuses a monopoly over its App Store to charge developers exorbitant fees. Epic Games filed a lawsuit in California accusing Apple of “attempting to control markets, block competition, and stifle innovation” after Fortnite was removed from the App Store. The move represents a new challenge to Apple’s strict management of the store, which is the only way that software can be
  
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• Apple removes Fortnite from iPhone App Store

  13-08-2020 21:22 via uk.finance.yahoo.com
  
  Apple has removed the blockbuster video game Fortnite from the iPhone’s App Store after it attempted to bypass Apple’s rules. Fortnite, one of the world’s biggest video games, was no longer available on the App Store on Thursday, a few hours after it had offered gamers discounts for avoiding Apple’s payments service. The row threatens to become a flashpoint in an intensifying debate over Apple’s control of the store, which is under growing scrutiny from regulators i
  
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• Oil demand to fall further than expected this year after spike in Covid cases, says report

  13-08-2020 21:19 via uk.finance.yahoo.com
  
  Oil demand is set to plunge further than expected this year after a recent rise in Covid-19 cases, the International Energy Agency has forecast.The IEA cut its 2020 outlook to 140,000 to 91.9 million barrels per day – down 8.1 million barrels on last year.
  
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• Easing Covid limits early 'could inflate deaths and deepen recession'

  13-08-2020 21:12 via uk.finance.yahoo.com
  
  Easing Covid limits early 'could inflate deaths and deepen recession'Experts say government must not risk pitting the economy against public health
  
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• 'Lifting coronavirus restrictions too early would be a disaster'

  13-08-2020 21:12 via uk.finance.yahoo.com
  
  'Lifting coronavirus restrictions too early would be a disaster'Panel of experts says government must not risk pitting the economy against public health
  
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• Judge rejects Uber, Lyft bids to delay California driver injunction

  13-08-2020 20:53 via uk.finance.yahoo.com
  
  At a hearing in San Francisco Superior Court, Judge Ethan Schulman said he found no reason to push back his Aug. 20 deadline for the companies to appeal the preliminary injunction he issued on Monday before it could take effect."I am unconvinced that any extension of the 10-day stay is required," Schulman said.Uber and Lyft have said they will appeal.
  
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• UBS's Bob McCann to step down from chairman Americas role later this year

  13-08-2020 20:44 via uk.finance.yahoo.com
  
  UBS Group AG'sChairman for the Americas Bob McCann will step down later this year after a nearly 40-year-career that included stints leading U.S. brokerage operations for both UBS and Merrill Lynch, according to an internal memo seen by Reuters.McCann was president of UBS's Wealth Management Americas from 2009 to 2016 and proved to be a key "architect" of its success, UBS Chief Executive Sergio Ermotti wrote in the memo sent to staff on Thursday.The memo, which was verified by a UBS spokeswoman,
  
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• Cressida Dick: The Met is not institutionally racist

  13-08-2020 20:30 via uk.finance.yahoo.com
  
  Britain’s most senior police officer has denied that the Metropolitan Police is institutionally racist branding the label unhelpful. “I think it is a contested definition. I think it means all sorts of things to different people. I don’t think it’s helpful” the Metropolitan Police Commissioner tells Channel 4 News.
  
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• Adverts for jobs related to internet sales surge by 46% in early August

  13-08-2020 20:22 via uk.finance.yahoo.com
  
  Adverts for jobs related to internet sales surge by 46% in early August. ONS says employers increased demand for staff across the UK and in all areas of the economy
  
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• New Look in new bid to turn fortunes around

  13-08-2020 20:09 via bbc.co.uk
  
  The fashion chain wants landlords to accept rents based on the sales stores generate.
  
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• AstraZeneca set to start making 400 million COVID-19 vaccines for Latam early in 2021

  13-08-2020 19:52 via uk.finance.yahoo.com
  
  Production of 400 million doses of a COVID-19 vaccine for Latin America could begin early next year, an executive for pharmaceutical company AstraZeneca Plcsaid on Thursday, as the region's coronavirus death toll stands at nearly 230,000.In partnership with the Mexican and Argentinean governments, AstraZeneca plans to initially produce 150 million doses, and eventually make at least 400 million for distribution throughout the region, said Sylvia Varela, head of AstraZeneca Mexico.Home to some 65
  
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• Police and Network Rail at scene of derailment

  13-08-2020 19:45 via uk.finance.yahoo.com
  
  Police officers and Network Rail staff attend the scene of Wednesday’s passenger train derailment near Stonehaven.
  
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• Convicted free climber who scaled 53-storey building blames quest for Youtube hits

  13-08-2020 19:34 via uk.finance.yahoo.com
  
  A free climber who scaled a 53-storey building in breach of a court order has blamed Youtube for making him seek hits. Adam Lockwood, 19, from Wigan, received a suspended sentence for breaching the order which banned him from trespassing and posting content online. He was sentenced to three months in jail, suspended for two years, by a judge at Manchester County Court. Lockwood's defence said his desire for YouTube hits is to blame for his behaviour. The court heard how Manchester City Council h
  
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• New Look plans second rescue restructure in 18 months

  13-08-2020 19:25 via uk.finance.yahoo.com
  
  New Look plans second rescue restructure in 18 monthsRetailer at risk of collapse with loss of 12,000 jobs if landlords do not agree to deal on rent
  
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• UK school-leavers have been sorely let down

  13-08-2020 19:18
  The ‘Covid generation’ risk seeing their future prospects tarnished
  
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• Johnson has ‘genuine desire’ for UK-EU trade deal, says Irish premier

  13-08-2020 19:16
  Micheál Martin’s comments come after first meeting with British counterpart
  
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• Jobs: Demand for workers picks up in early August

  13-08-2020 18:55 via bbc.co.uk
  
  Recruiters say the number of new job ads suggests that a slow recovery could be underway.
  
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• Childminders and debt collectors in high demand across the UK, employment data reveals

  13-08-2020 18:54 via uk.finance.yahoo.com
  
  Vacancies for debt collectors and childminders are among the job postings that have surged the most within the last week, new data shows. There are more than 1.1 million active jobs in the UK, according to the Recruitment and Employment Confederation, including an extra 125,000 new vacancies posted in the past week- the highest number since late March. Financial experts say some businesses are emerging from a “frozen state” and can now afford to employ extra workers as they see renew
  
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• Daimler to pay $1.5 billion to settle U.S. diesel cases

  13-08-2020 18:46 via uk.finance.yahoo.com
  
  Daimlerhas reached an agreement to settle U.S. proceedings relating to investigations into software to cheat diesel emissions tests that will result in costs of about $1.5 billion (1.2 billion pounds), the German carmaker said on Thursday.The maker of Mercedes-Benz cars said it expects an impact on its free cash flow over the next three years as a result, with the main impact within the next 12 months.German carmakers, among the global leaders in diesel technology, have been caught in the crossh
  
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• Daimler agrees U.S. settlement over diesel emissions

  13-08-2020 18:46 via uk.finance.yahoo.com
  
  Daimlerhas reached an agreement to settle U.S. proceedings relating to investigations into software to cheat diesel emissions tests that will result in costs of about $1.5 billion (1.2 billion pounds), the German carmaker said on Thursday.Diesel vehicles have come under scrutiny in the United States since Volkswagenadmitted in 2015 to installing secret software on 580,000 U.S. vehicles that allowed them to emit up to 40 times legally allowable emissions.
  
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• Daimler agrees to U.S. diesel settlements worth nearly $3 billion

  13-08-2020 18:46 via uk.finance.yahoo.com
  
  Daimlersaid on Thursday it has reached agreements costing nearly $3 billion (£2.3 billion) to settle civil investigations by U.S. regulators and lawsuits from vehicle owners stemming from a long-running probe into software to cheat diesel emissions tests.The settlements in principle address civil and environmental claims tied to 250,000 U.S. diesel passenger cars and vans in the United States and include claims from the Environmental Protection Agency, Justice Department, California Air Re
  
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• EU to enter contract talks with J&J over 200 million doses of potential COVID-19 vaccine

  13-08-2020 18:45 via uk.finance.yahoo.com
  
  The European Commission has concluded exploratory talks with Johnson & Johnsonto buy 200 million doses of a potential COVID-19 vaccine, the EU executive and the U.S. pharmaceutical company said on Thursday.The commission also said it could purchase an additional 200 million vaccine doses.Johnson & Johnson, through its Belgian subsidiary Janssen, "will now enter into contract negotiations with the European Commission," J&J said in a statement, confirming the volumes indicated by the C
  
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• Tui loses £1.8bn so far this year amid Covid-19 travel shutdown

  13-08-2020 18:43 via uk.finance.yahoo.com
  
  Tui loses £1.8bn so far this year amid Covid-19 travel shutdown. Firm says business unlikely to return to normal until 2022 as sales fall 98% in April-June
  
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• Should you be investing money in pharma stocks?

  13-08-2020 18:43 via uk.finance.yahoo.com
  
  The healthcare and pharmaceutical industry has been growing steadily for years. The UK in particular is home to pharma giants like GlaxoSmithKline and Astrazeneca, with market caps of over £80bn. But there are also some small caps that I think deserve attention when it comes to investing money in the sector. Allergy Therapeutics (LSE:AGY) is a […]The post Should you be investing money in pharma stocks? appeared first on The Motley Fool UK.
  
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• FTSE 100 retreats as US stimulus concerns weigh on European sentiment

  13-08-2020 18:38 via uk.finance.yahoo.com
  
  London’s top flight closed 94.5 points lower at 6,185.62 at the end of trading on Thursday.
  
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• Gaming is thriving in 2020: 3 UK shares I’d buy to get rich and retire early

  13-08-2020 18:32 via uk.finance.yahoo.com
  
  These 3 UK shares are up 65% so far this year. Harshil Patel looks at how 2020 lockdowns have supercharged the already growing gaming sector. The post Gaming is thriving in 2020: 3 UK shares I'd buy to get rich and retire early appeared first on The Motley Fool UK.
  
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• Covid-19 and the human cost of years of austerity

  13-08-2020 18:23 via uk.finance.yahoo.com
  
  Covid-19 and the human cost of years of austerityCare homes have suffered long-term neglect, writes Alan Walker, while Roger Foreman says the deliberate underfunding of local authority services dates back to Thatcher. Plus letters from Stephen Battersby and Mary Rogers
  
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• US jobless claims below 1m for first time since March

  13-08-2020 18:13 via bbc.co.uk
  
  The number of Americans filing new claims for unemployment benefits falls to 963,000.
  
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• Stock market crash: I’d follow Warren Buffett’s advice to avoid these 3 costly errors

  13-08-2020 18:13 via uk.finance.yahoo.com
  
  In a stock market crash like this one, following Warren Buffett's proven advice can help you cut out errors and save yourself a fortune.The post Stock market crash: I'd follow Warren Buffett's advice to avoid these 3 costly errors appeared first on The Motley Fool UK.
  
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• New York City's growing homeless encampment is killing struggling local businesses

  13-08-2020 18:13 via ibtimes.co.uk
  
  Homeless people living in New York's sidewalks say apartment owners overlooking the encampment are throwing hot water on them.
  
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• London City airport puts expansion on hold

  13-08-2020 18:03 via uk.finance.yahoo.com
  
  London City airport is halting expansion plans, blaming the collapse in demand for air travel. The Docklands airport will pause the £480m programme to increase passenger capacity once construction on eight new stands for aircraft and a taxiway parallel to the runway is finished at the end of the year. The pandemic has caused demand for business travel to plummet, with the airport favoured by City executives because of its proximity to the central London and Canary Wharf particularly hard h
  
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• Best gifts for Exam Results Day: congratulations gifts for teens

  13-08-2020 17:58 via uk.finance.yahoo.com
  
  Students across the country will find out whether they got the grades they hoped for today.August 13 is the day A-level students in England will open the envelopes or emails that hold their results, but there may be more butterflies in their stomachs this year than in the past.
  
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• Jane Lynch says 'Glee' co-star Naya Rivera was 'a force of nature'

  13-08-2020 17:54 via ibtimes.co.uk
  
  Jane Lynch remembers Naya Rivera as a reliable person and a good friend who always got your back.
  
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• Volkswagen to make electric car cells, battery packs in U.S.

  13-08-2020 17:51 via uk.finance.yahoo.com
  
  The company said it plans to break ground for a laboratory in Chattanooga to develop and test cells and battery packs for its upcoming car models assembled in the U.S., with the goal of a fully operational lab by spring 2021.Volkswagen's plan to produce its own cells and battery packs for electric vehicles in the United States follows an emissions scandal at the company, which admitted to using illegal software to cheat pollution tests in the country.
  
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• Three in four UK business leaders predict office downsizing

  13-08-2020 17:48 via uk.finance.yahoo.com
  
  Business could start to relocate to smaller, cheaper offices due to the COVID-19 pandemic.
  
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• Nasa's Hubble Space Telescope discovers reason behind Betelgeuse's unusual dimming

  13-08-2020 17:45 via uk.finance.yahoo.com
  
  Nasa claims to have found the reason behind the star Betelgeuse's unusual dimming.The usually bright star's mystifying behaviour had led to theories from dust obscuring it to an imminent supernova that would have been visible from Earth.
  
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