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Is this the right way to pull back on Covid spending?

  By early next year, the US government will likely run out of money to pay for Covid-19 vaccines, tests and treatments. Although President Joe Biden has requested an additional $22 billion from Congress, Republicans are in no mood to continue splurging on the pandemic — not least because so much relief money has already been misspent. Shifting more costs ...

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A $25bn grocery deal takes fight to Walmart

  It’s a deal which until recently was hard to imagine. Buying Albertsons Cos triggers major antitrust risks for any of its obvious industry suitors. But on Friday the US grocery chain agreed to be acquired by larger rival Kroger Co at a $25 billion enterprise value, with the duo outlining a seemingly cunning plan to assuage the competition authorities. ...

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Airbus wins first third-party mission for Beluga cargo jet

Bloomberg Airbus SE is poised to carry out its first cargo flights for an external client using a fleet of giant Beluga jets originally built to ferry wings between the planemaker’s European factories. The assignment with the model, named due to the resemblance of its domed fuselage to the white Arctic whale, will be performed before the end of this ...

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