UPDATE 1-Gambling firm 888 forecasts upbeat earnings as sports events return; shares jump

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UPDATE 1-Gambling firm 888 forecasts upbeat earnings as sports events return; shares jump

(Adds analyst comment, background, updates shares). June 26 (Reuters) – Online gambling firm 888 Holdings on Friday forecast full-year adjusted core earnings significantly ahead of expectations as more users came on board, sports events returned and its …
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TUI and First Choice cancel all Florida holidays until December

TUI and First Choice have cancelled all of their holidays to Florida until December. The travel firm – which flies to the sunshine state from airports including Bristol, Birmingham, Gatwick, Glasgow and Manchester – said it made the decision following new health …
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Exclusive: Sanofi planning to cut up to 1680 jobs in Europe

PARIS (Reuters) – Sanofi (SASY.PA) said on Friday it is planning to slash up to 1,680 jobs in Europe, confirming what two sources familiar with the matter had previously told Reuters. One source said the cuts would be carried out over three years. The sources …
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With unemployment offices busy, recovery seems a 'long haul'

Editor’s note: This story is available as a result of a content partnership with The New York Times. Subscribers will see stories like this every day on our website (and in our daily emails) as an added value to your subscription. As American businesses reopen …
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Macy's Will Eliminate Another 3900 Positions As It Addresses COVID-19 Impact

Macy’s announcement that it will eliminate 3,900 corporate and management roles is an indication that the company is sensing a slow recovery. Taking this action will help the company achieve about $630 Million in annual savings. Management is committed …
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