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Goldman Sachs in Paris is another blow for London

As Britain draws close to its exit from the European Union, a diminished role for the City of London looks ever more likely. This may be a gradual change, and its potential scale may be debated, but parts of the financial infrastructure built up over decades are ready to hop across the Channel. News that Goldman Sachs Group Inc is ...

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Vaccine distribution shouldn’t be fair

As an increasing body of evidence suggests America’s new anti-Covid vaccines are both efficacious and safe, the question of how to distribute those vaccines assumes greater importance. One poll suggests that Americans think healthcare workers, the elderly and people with compromised immune systems should receive vaccines very early. But what to do after that? There is an uncomfortable truth here: ...

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China, Japan race to dominate future of high-speed trains

Bloomberg Japan and China are racing to build a new type of ultra-fast, levitating train, seeking to demonstrate their mastery over a technology with big export potential. Magnetic levitation, or maglev, trains use powerful magnets to glide along charged tracks at super-fast speeds made possible by the lack of friction. A handful of short distance and experimental maglev trains are ...

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