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Hyundai chairman, Group to buy Boston Dynamics from SoftBank for $1.1 bn

The South Korean automaker group said on Friday the purchase would help it expand automation in its vehicle factories and design autonomous cars, drones and robots

Strong possibility UK, EU would fail to make new trade deal: Boris Johnson

British PM Johnson said there was "a strong possibility" Britain and the EU would fail to strike a new trade deal, but vowed to do whatever he could to avoid a tumultuous split in three weeks

Sanofi-GSK delay Covid-19 vaccine to late 2021 in setback to global fight

The two companies said they planned to start another study next February, hoping to come up with a more effective vaccine

AstraZeneca to test combining Covid-19 vaccine with Russian shot

Trials to start by the end of the year

Carlsberg, SABMiller, UB colluded to fix beer prices in India: CCI report

Top executives of Carlsberg, SABMiller and India's United Breweries exchanged commercially sensitive information and colluded to fix beer prices in India for 11 years, according to an antitrust report

UK Supreme Court enables $18.5 billion class action against Mastercard

The judgment dismisses an appeal by Mastercard

Cuba to drop dual currency in its first devaluation since revolution

Cuba said it would start its long-awaited monetary reform in January, eliminating its dual currency and labyrinthine multiple exchange rate system in a bid to improve business conditions

Airbnb valuation surges past $100 billion in biggest US IPO of 2020

Shares of Airbnb more than doubled in their stock market debut, valuing the home rental firm at just over $100 billion in the biggest US initial public offering of 2020

Billionaire financier Joseph Safra, Brazil's richest man, dies at 82

Safra, who arrived in Brazil as a teenager more than five decades ago, ranks as the world's wealthiest banker, with an estimated fortune of $19.9 billion

US FDA advisory panel meets on Pfizer's Covid-19 vaccine emergency use

The committee of outside experts is expected to vote on whether the vaccine, developed along with German partner BioNTech, has shown effectiveness in preventing Covid-19

Gilead to acquire German biotech firm MYR for about 1.15 billion euros

The deal will also include a potential future milestone payment of up to 300 million euros

Singapore's DBS to launch digital exchange as virtual currency demand soars

The DBS Digital Exchange will use blockchain technology to provide a platform for fundraising through asset tokenisation and secondary trading of digital assets

S&P DJI removes Chinese companies from indexes after Trump order

FTSE Russell said last week that it would remove eight Chinese firms from its products to comply with the US executive order

World's largest vaccine maker India tees up global blitz to contain virus

India manufactures more than 60% of all vaccines sold across the globe

Facebook faces US lawsuits that could force sale of Instagram, WhatsApp

Facebook becomes the second big tech company to face a major legal challenge this year after the U.S. Justice Department sued Alphabet Inc's Google in October

Japan to sell $1 tn of new bonds to fund pandemic-related stimulus: Report

Japan is likely to sell over $1 trillion of new government bonds this fiscal year to fund its huge stimulus packages as the coronavirus crisis guts tax revenues and strains already tattered finances

S&P Dow Jones to remove Chinese firms from indices after US blacklisting

S&P Dow Jones Indices will remove Chinese companies including Hikvision from its products, becoming the latest index provider to do so following a Trump order restricting purchases of their shares

BlackRock to double number of firms it engages with over climate in 2021

BlackRock said it would more than double the number of companies it engages with over climate-related issues to over 1,000 and laid out stronger goals on other fronts for portfolio firms

India retail inflation to stay above 7% in Nov, economists say: Report

India's retail inflation probably fell in November from October but remained above the Reserve Bank of India's target, amid high food and petrol prices, a poll of economists showed

Sony to buy AT&T's animation business Crunchyroll for $1.18 billion

Sony will buy AT&T animation business Crunchyroll for $1.175 billion, as the Japanese electronics conglomerate aims to beef up its entertainment content and distribution businesses