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UK signs first major post-Brexit trade deal with Japan
The UK has struck its first major post-Brexit trade pact after signing a deal with Japan that aims to boost trade between the countries by about £15bn.
International Trade Secretary Liz Truss said it was a "historic moment".
She said!-->!-->!-->!-->!-->…
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US budget deficit soars to $3tn record
The US budget deficit has hit a record high of more than $3tn (£2.3tn), driven by the government's massive spending on coronavirus relief.
The federal government spent more than $6tn in the first 11 months of its financial year,!-->!-->!-->…
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Ex-Google boss Eric Schmidt: US ‘dropped the ball’ on innovation
In the battle for tech supremacy between the US and China, America has "dropped the ball" in funding for basic research, according to former Google chief executive Eric Schmidt.
And that's one of the key reasons why China has been able!-->!-->!-->…
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JC Penney: Landlords plot rescue for department store
Two of America's biggest shopping mall owners have agreed to take on JC Penney's retail operations to save the department store from closing.
Simon Property Group and Brookfield Property Partners said they would keep the majority of JC!-->!-->!-->…
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Covid vaccine: 8,000 jumbo jets needed to deliver doses globally, says IATA
Shipping a coronavirus vaccine around the world will be the "largest transport challenge ever" according to the airline industry.
The equivalent of 8,000 Boeing 747s will be needed, the International Air Transport Association (IATA) has!-->!-->!-->…
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Coronavirus: Lloyd’s of London expects to pay out £5bn in claims
Insurance market Lloyd's of London has said it expects to pay out up to £5bn for coronavirus-related claims.
Its chief executive John Neal said the first half of the year had been "exceptionally challenging".
Insurers around the!-->!-->!-->!-->!-->…
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British Airways owner IAG to cut more flights
British Airways owner IAG is cutting more flights over the next three months as it adjusts to the continuing collapse in demand for air travel.
IAG, which also runs Aer Lingus and Iberia, said quarantine restrictions meant capacity this!-->!-->!-->…
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China takes aim at US ‘bullying’ of its tech firms
China has taken aim at the US saying its tech firms are victims of "naked bullying".
The accusations come as the Chinese government launches a new set of global guidelines for technology companies.
Its new initiative outlaws!-->!-->!-->!-->!-->…
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Coronavirus: 300,000 redundancies planned in June and July
British employers planned more than 300,000 redundancies in June and July, as the coronavirus outbreak took its toll on the workplace.
1,784 firms made plans to cut nearly 150,000 jobs in July, almost a sevenfold increase on July 2019.
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Government pledges to increase number of affordable homes
The government has announced new measures to help more people get onto the property ladder, as part of a £12.2bn investment in increasing affordable housing.
A new shared ownership model would see the minimum initial share to buy in a!-->!-->!-->…
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