European markets are set for a muted open on Friday as investors monitor concerns over a second wave of coronavirus cases and await second-quarter euro zone GDP (gross domestic product) growth data.
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President Donald Trump on Thursday announced that he is blocking attempts from Congressional Democrats to include U.S. Postal Service funding and election infrastructure in a potential coronavirus relief bill, furthering his efforts to prevent Americans from voting as polls show him lagging behind Democratic nominee Joe Biden.
British Prime Minister Boris Johnson and new Irish Taoiseach Micheál Martin struck an optimistic tone over the possibility of a post-Brexit free trade agreement following a first meeting on Thursday, though Johnson cautioned that the U.K. would not yield on its rejection of "level playing field" clauses.Johnson & Johnson
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Telecoms deal lifts Europe, FTSE shines despite record GDP slumpTelecommunications stocks boosted European bourses on Wednesday after a billion dollar takeover offer for Switzerland's Sunrise Communications, while London's FTSE 100 gained on bets of more stimulus after a collapse in UK's quarterly economic output.
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U.N. Security Council starts Iran arms embargo vote, result FridayThe United Nations Security Council started voting on Thursday on a U.S. bid to extend an arms embargo on Iran, which is opposed by veto-powers Russia and China, and the result will be announced at a meeting on Friday, diplomats said.
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DeVos' sexual misconduct rule will take effect Friday after legal blocks failA federal judge refused a multi-state effort to strike down Education Secretary Betsy DeVos' new Title IX rule, clearing the path for the policy to take effect Friday
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Democrats Decry “Sabotage” After “Friday Night Massacre” at Postal ServiceA broad leadership shakeup at the United States Postal Service gives more power to Postmaster General Louis DeJoy when he is under increased scrutiny.
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COVID-19 Downturn Hits Ad Sales at European TV Giant RTLEuropean TV giant RTL saw double-digit drops in both revenue and operating profits in the first half of 2020 as the company was hard hit by virus-driven declines in ad sales
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WHO seeking $76 million for Lebanon after Beirut blast, concerned about coronavirusThe World Health Organization (WHO) said on Wednesday it had appealed for $76 million in aid for Lebanon after last week's massive explosion in Beirut destroyed or damaged hospitals, clinics and medical supplies.
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