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Indonesia parliament to vote on flagship jobs bill, police bar protest

Indonesia’s parliament will vote on President Joko Widodo’s flagship “Job Creation” bill on Monday, a government official said, as police cited coronavirus concerns for not giving a permit for...

ECB must prepare to issue a digital euro, Panetta says

The European Central Bank should prepare to issue a digital euro to complement banknotes “if and when” it becomes necessary, ECB board member Fabio Panetta said on Friday.

Bayer shares plunge on prospect of write-downs, earnings decline

Shares in Bayer BAYGn.DE plunged 11% after it flagged that adjusted profit may slip next year and it may have to write down the value of agriculture assets by close to...

ECB’s Lagarde sets scene for Fed-like strategy overhaul

European Central Bank President Christine Lagarde set the scene on Wednesday for changing the ECB’s strategy to align it with that of the Federal Reserve, possibly including a commitment...

European shares slip ahead of Trump-Biden debate

European stock markets opened lower on Tuesday as a rebound in the previous session fizzled out, with investors remaining cautious ahead of the first U.S. presidential debate.

Spirits maker Diageo says U.S. business ahead of expectations

London-based spirits maker Diageo said on Monday it has made a strong start to its fiscal year 2021, with its U.S. business performing ahead of expectations, as many countries...

Dollar off two-month peak but on course for best week in six months

The U.S. dollar dipped from a two-month peak on Friday as renewed hopes of fresh U.S. stimulus eased investors’ concerns about its economic recovery, while the Chinese yuan gained...

Wells Fargo signs data exchange agreement with Envestnet Yodlee

Wells Fargo & Co and data aggregator Envestnet Yodlee said on Thursday they had signed a data exchange agreement, the latest move in an ongoing tug of war between...

Nike shares set for record high after digital sales power stellar results

Nike Inc's NKE.N shares were set to open at a record high on Wednesday after the world's largest sports shoemaker posted stellar quarterly results, driven by online sales.

Factbox: Latest on the worldwide spread of coronavirus

The U.S. death toll from COVID-19 approached 200,000, by far the highest number of any nation, while Mexico surpassed 700,000 confirmed cases even as health authorities cited what they...