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Portugal’s main telcos sign up for 5G auction amid legal dispute

Portugal´s three biggest telecoms companies said they had submitted applications to take part in the country's 5G licence auction amid a legal dispute with the Portuguese telecoms regulator over the rules.

Markets

Global investors see China stocks bull run lasting well into 2021

Global investors are betting Chinese stocks will extend their bull run and that mainland corporate earnings in 2021 will be boosted by a world economic recovery and more predictable Sino-U.S. relationship.

Markets

UK competition watchdog says big companies’ profit margins rising

Profits and price mark-ups are rising at Britain's biggest companies, the competition watchdog said on Monday in a report looking at the state of competition in the economy.

Markets

Exclusive: VW’s executive committee to convene Tuesday to discuss CEO’s future – sources

Volkswagen Group's executive committee is convening on Tuesday to discuss Chief Executive Herbert Diess's demand for a contract extension, three sources familiar with the matter told Reuters on Monday.

Markets

Biden should clarify US position on digital tax within two months, France says

The European Union hopes Joseph Biden's incoming administration will clarify the U.S. position on digital taxation within two months of taking office, a French Finance Ministry source said on Monday.

Markets

Shares in UniCredit down 4.5per cent hit by concerns over CEO’s future

Shares in Italy's UniCredit fell 4.5per cent on Monday hit by concerns about the future of Chief Executive Jean Pierre Mustier, whose mandate ends in the spring.

Markets

OPEC+ to discuss extending oil cuts or gradually raising output, sources say

OPEC+ members will consider whether to extend existing oil cuts for three to four months or to gradually increase output from January during their two days of talks that start on Monday, OPEC+ sources told Reuters.

Markets

About 1,250 workers to benefit from new training council by Shell and local employees’ union

SINGAPORE: Oil giant Shell has partnered with the Singapore Shell Employees’ Union (SSEU) to set up a council to train and upskill about 1,250 workers, in line with the company’s 10-year plan to cut its own carbon emissions in Singapore by about a third. The Joint Capability Council (JCC),...

Markets

GIC partners 3 organisations and initiatives on climate change management

GIC has become a signatory to three organisations and initiatives relating to climate change management, as part of its sustainability strategy to increase engagement and disclosures on climate risks and opportunities.

Markets

Malaysia budget 2021: Allocation for PM’s Department passes after opposition defeated in bloc vote

The voting took place after opposition leader Anwar Ibrahim questioned the need for additional funding set aside for the Prime Minister's Department.

Markets

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