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European allies pushed back when Trump sanctioned Iran’s banks

By John O’Donnell and Jonathan Saul © Reuters/Christopher Pike FILE PHOTO: A dhow loaded with goods…

Airbnb Aims for About $35 Billion Value in Long-Awaited IPO

(Bloomberg) — Airbnb Inc. and existing investors are seeking to raise as much as $2.6 billion…

Oil edges lower as OPEC+ delays meeting in bid to build consensus on output cuts

© Spencer Platt/Getty Images FUTURES MOVERS Load Error Oil futures edged lower Tuesday as the Organization…

3 Takeaways From Urban Outfitters’ Q3 Earnings

On Nov. 23, retailer Urban Outfitters (NASDAQ: URBN) reported adjusted earnings per share of $0.78 on…

Germany Says Nord Stream 2 Picked a Ship to Finish Gas Pipeline

(Bloomberg) — Nord Stream 2 has picked a ship to finish laying sections of its pipeline…

Former Arconic CEO Kleinfeld Said to Plan SPAC Listing

(Bloomberg) — Klaus Kleinfeld, the former chief executive officer of Arconic, is the latest high-profile business…

The daily business briefing: December 1, 2020

© Maddie Meyer/Getty Images The Moderna hq 1. U.S. stock indexes fell on Monday but still…

Debenhams closure and Arcadia collapse put 25,000 UK retail jobs at risk

Debenhams, Britain’s biggest department store chain, is permanently closing its UK operations. © Andrew Matthews/PA Images/Getty…

S&P’s decision to add Tesla in one shot demonstrates the power of passive investing

S&P’s action on Tesla showed the growing power of indexers and passive investing. © Provided by…

Brexit stockpiling gave UK manufacturers boost in November

Britain’s manufacturers have enjoyed their best month in almost three years as firms cranked up production…