European stock markets opened firmer Monday, finding support after U.S. President Donald Trump signed a new economic recovery package into law despite refusing to do so initially.
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After delaying for nearly a week and under pressure from all sides, U.S. President Donald Trump finally signed a massive $900 billion stimulus bill Sunday, in a long-sought boost for millions of Americans and businesses battered by the coronavirus pandemic.
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Germany's main stock index reached a record high on Monday, buoyed by a pandemic recovery package agreed in the US and Britain's Brexit deal with the EU.
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The 27 EU member states gave the green light on Monday for the post-Brexit trade deal to go into effect on January 1, a spokesman said.
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Britain and the European Union have published the full text of the post-Brexit trade agreement aimed at governing their relationship when the UK definitively leaves the bloc's single market in just five days.
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Britain left the EU on January 31, 2020, but ties between the bloc and its former member remained unchanged during a so-called transition period while both sides tried to work out a new trading relationship.
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Spain's coalition government is deeply split over a proposal to shorten the work week to four days to fight high unemployment sparked by the coronavirus pandemic.
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Dubai said Sunday it expects to cut its budget to $15.5 billion in 2021 after its economy was impacted by a plunge in tourism and other sectors amid the novel coronavirus pandemic.
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A team of French investigators will come to Beirut next month to participate in interrogating former Renault-Nissan boss Carlos Ghosn, a Lebanese justice ministry official said.
The official gave no specific date or details of what information the investigators would seek from Ghosn.
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Tokyo stocks ended nominally lower on Friday after thin trade with overseas investors absent over the Christmas holidays.
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