37.45 F
New York
January 20, 2021

United Kingdom

UPDATE 1-Bank of England’s Bailey expects ‘pronounced recovery’ for economy

Reuters
(Combines stories, adds background) LONDON, Jan 20 (Reuters) – Bank of England Governor Andrew Bailey said on Wednesday he expected a “pronounced recovery” in Britain’s economy as the country moves ahead with vaccinating its population against COVID-19. “I really do think that we are going to see a pronounced recovery......

Merck KGaA stops lung cancer trial testing drug hopeful bintrafusp alfa

Reuters
FILE PHOTO: A logo of drugs and chemicals group Merck KGaA is pictured in Darmstadt, Germany January 28, 2016. REUTERS/Ralph Orlowski FRANKFURT (Reuters) – Germany’s Merck KGaA said the most important clinical trial testing its cancer drug hopeful bintrafusp alfa, which it is co-developing with GlaxoSmithKline, would be stopped because......

Oil extends gains on hopes of U.S. stimulus and crude stocks drawdown

Reuters
MELBOURNE (Reuters) – Oil prices rose in early trade on Wednesday, adding to solid gains overnight, on expectations the incoming U.S. administration will go ahead with massive stimulus spending that would boost fuel demand and draw down crude stocks. FILE PHOTO: An oil worker walks toward a drill rig after......

Dollar slips as U.S. stimulus hopes lift mood

Reuters
SINGAPORE (Reuters) – The U.S. dollar nursed losses on Wednesday and the euro hung on to gains as investors’ mood brightened in the wake of a better-than-expected sentiment survey in Germany and big spending talk from U.S. Treasury Secretary nominee Janet Yellen. FILE PHOTO: A picture illustration shows U.S. 100......

London Stock Exchange set to close Refinitiv deal on Jan. 29

Reuters
FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville/File Photo LONDON (Reuters) – London Stock Exchange said on Tuesday that it should complete its $27 billion acquisition of Refinitiv on Jan. 29, as it bulks up into a......

UK says Biden confirmation shows U.S. democracy rejects violence

Reuters
U.S. President-elect Joe Biden arrives to introduce key members of his White House science team at his transition headquarters in Wilmington, Delaware, U.S., January 16, 2021 REUTERS/Kevin Lamarque LONDON (Reuters) – British Foreign Secretary Dominic Raab said on Tuesday the confirmation of Joe Biden as the next president of the......

Almost 90% see market bubbles in Deutsche Bank investor survey

Reuters
LONDON (Reuters) – Nearly 90% of respondents in Deutsche Bank’s monthly investor survey said financial markets now had a number of price bubbles, with cryptocurrency Bitcoin and U.S. tech stocks top of the list. When asked specifically about the 12-month fate of Bitcoin which surged 300% last year, and electric......

Germany discovers new Covid variant among 35 hospital patients

CNBC
CNBC – For more and to sign up click here Snow lies in front of the entrance to the Garmisch-Partenkirchen hospital. A possibly new variant of the coronavirus has been discovered at the Garmisch-Partenkirchen hospital. Samples are currently being examined at the Charité hospital in Berlin, the hospital announced on......

Exclusive: Trump lifting COVID-19 travel restrictions on Europe, UK, Brazil – sources

Reuters
WASHINGTON (Reuters) – U.S. President Donald Trump on Monday rescinded entry bans imposed because of the coronavirus on most non-U.S. citizens arriving from Brazil and much of Europe effective Jan. 26, two officials briefed on the matter told Reuters. Reuters first reported in November that the administration had been considering......

Breakingviews – Corona Capital: Indian banks, LBOs, Stellantis

Reuters
By Breakingviews columnists MUMBAI/LONDON/MILAN (Reuters Breakingviews) – Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. The logo of Stellantis, the world’s fourth-largest automaker, which starts trading in Milan and Paris after Fiat Chrysler and Peugeot maker PSA finalised......

UK PM, finance minister to meet business leaders on COVID recovery

Reuters
FILE PHOTO: Britain’s Prime Minister Boris Johnson and Chancellor of the Exchequer Rishi Sunak arrive for a Cabinet meeting, in London, Britain October 13, 2020. REUTERS/Simon Dawson LONDON (Reuters) – Prime Minister Boris Johnson and finance minister Rishi Sunak will ask 30 business leaders on Monday for their thoughts on......

Players ‘kicking up fuss’ in Australia are a minority: Britain’s Reid

Reuters
TOKYO (Reuters) – Gordon Reid, a two-time men’s wheelchair Grand Slam champion, said on Monday that he was perfectly comfortable spending two weeks in hotel quarantine if it means competing at the Australian Open and those complaining are a minority. FILE PHOTO: Tennis – ATP 500 – Fever-Tree Championships –......

China to sanction U.S. officials for ‘nasty’ behaviour over Taiwan

Reuters
FILE PHOTO: Chinese Foreign Ministry spokeswoman Hua Chunying attends a news conference in Beijing, China January 7, 2021. REUTERS/Florence Lo BEIJING (Reuters) – China’s foreign ministry said on Monday it had decided to impose sanctions on U.S. officials who have engaged in “nasty” behaviour over Taiwan, which China claims as......

FOREX-Yen gains, euro squeezed as recovery doubts creep in

Reuters
* Dollar holds Friday gains, euro under pressure * Strong China data fails to shift risk averse mood * Canadian dollar slips on risks to oil pipeline * Graphic: World FX rates tmsnrt.rs/2RBWI5E SINGAPORE, Jan 18 (Reuters) – The dollar clung to gains on Monday and the Japanese yen edged......

Oil drops 1% as rising coronavirus cases end supply-led rally

Reuters
FILE PHOTO: An oil worker walks toward a drill rig after placing ground monitoring equipment in the vicinity of the underground horizontal drill in Loving County, Texas, U.S., November 22, 2019. REUTERS/Angus Mordant/File Photo TOKYO (Reuters) – Oil prices fell on Monday, extending losses that last week ended a rally......

UK vacancies for remote workers triple in a year: consultancy

Reuters
FILE PHOTO: Workers wearing face-masks walk past an information board on social distancing as they travel through the Waterloo Station during the morning rush hour following the coronavirus disease (COVID-19) outbreak, in London, Britain, July 6, 2020. REUTERS/Toby Melville LONDON (Reuters) – Demand for remote workers in Britain tripled over......

Brazil authorizes emergency use of Sinovac, AstraZeneca vaccines

Reuters
By Jamie McGeever, Pedro Fonseca BRASILIA/RIO DE JANEIRO (Reuters) – Brazilian health regulator Anvisa’s board on Sunday voted to approve emergency use of COVID-19 vaccines from China’s Sinovac Biotech and Britain’s AstraZeneca and to begin immunizations as the pandemic enters a deadly second wave. Nurse Monica Calazans, 54, receives the......

Brazil clears emergency use of Sinovac, AstraZeneca vaccines, shots begin

Reuters
By Jamie McGeever, Pedro Fonseca BRASILIA/RIO DE JANEIRO (Reuters) – Brazilian health regulator Anvisa on Sunday approved emergency use of COVID-19 vaccines from China’s Sinovac Biotech Ltd and Britain’s AstraZeneca, clearing the way for immunizations as the pandemic enters a deadly second wave. Nurse Monica Calazans, 54, receives the Sinovac’s......

UK’s Deliveroo raises $180 million from investors, valued at $7 billion

Reuters
FILE PHOTO: A courier for food delivery service Deliveroo rides a bike in central Brussels, Belgium January 16, 2020. Picture taken January 16, 2020. REUTERS/ Yves Herman LONDON (Reuters) – British food-delivery company Deliveroo said on Sunday it had raised a further $180 million from existing investors, including minority shareholder......

Britain invites G7 leaders to Cornish resort for June summit

Reuters
LONDON (Reuters) – Britain announced plans to hold the first in-person meeting of the G7 for nearly two years in June, inviting the leaders of major developed economies to a picturesque seaside village to discuss rebuilding from the pandemic and climate change. FILE PHOTO: British Prime Minister Boris Johnson gestures......

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Click whichever is suitable. Accept Read More