12 January

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Walmart to Create Fintech Startup With Robinhood Backer By Investing.com

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By Yasin Ebrahim Investing.com - Walmart unveiled plans on Monday to create a fintech start-up with venture capital firm Ribbit Capital to develop "modern and affordable" financials solutions. Walmart (NYSE:WMT) was up 2% on the news. The new fintech company, which will be majority owned by Walmart, would develop affordable financial products for Walmart employees and customers, the company said. Its board will include...

12 January

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Britain to tighten laws on imports linked to alleged Chinese human rights abuses – Telegraph By Reuters

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(Reuters) - Britain will tighten the law on importing goods linked to alleged human rights abuses in China as ministers take a tougher stance on Beijing, The Telegraph reported on Monday. Foreign Secretary Dominic Raab will make a statement on Tuesday in the House of Commons on the government's response to allegations of forced labour in China's Xinjiang province, home to about...

11 January

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EU lawmakers kick off two-month review of UK trade deal By Reuters

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By Philip Blenkinsop BRUSSELS (Reuters) - The European Parliament kicked off a two-month review on Monday of the EU-UK trade agreement struck on Christmas Eve, promising to "properly scrutinise" the deal even if it is almost certainly bound to approve it. Christophe Hansen, one of the lawmakers charged with steering the deal through parliament, said he regretted that the agreement had been...

11 January

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UK health minister says 32,294 in hospital as COVID crisis reaches “worst point” By Reuters

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LONDON (Reuters) - The COVID-19 pandemic is at its worst point, and there are 32,294 people in hospital with COVID-19 in the United Kingdom, health minister Matt Hancock said on Monday. "We're at the worst point of this pandemic," Hancock said at a news conference. ...

11 January

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Factbox: How is Britain’s vaccine rollout going? By Reuters

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LONDON (Reuters) - Britain plans to give the first shot of a coronavirus vaccine to 15 million members of the highest priority groups by mid-February, and to tens of millions more by the spring, to enable it to loosen restrictions imposed to stem a soaring infection rate. Below are some details of the campaign: HOW MANY PEOPLE HAVE BEEN VACCINATED? Nearly...

11 January

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City of London unlikely to get broad EU access, says UK banking body By Reuters

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By Huw Jones LONDON (Reuters) - The European Union is unlikely to grant broad access for the City of London, and the flight of euro share trading from Britain to the bloc is permanent, UK bankers said on Monday. Britain left the EU's single market and customs union on Dec. 31 and a trade deal agreed by both sides does not cover...

11 January

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Britain’s M&S buys Jaeger brand By Reuters

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LONDON (Reuters) - British retailer Marks & Spencer has purchased the Jaeger brand from its administrators as part of a strategy to bolster its clothing division with new names, it said on Monday. M&S said it was in the final stages of agreeing the purchase of product and supporting marketing assets from the administrators of Jaeger Retail Limited and expected to fully...

11 January

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EU Looks Past Trump to Defuse Transatlantic Trade Conflict By Bloomberg

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(Bloomberg) -- The European Union is working on a proposal for the incoming Biden administration on a new trade relationship, including settling a longstanding aircraft dispute that has seen the allies impose tariffs on $11.5 billion of each other’s exports, according to people familiar with the matter. The EU is in discussions with member states affected by the conflict, including Germany and France,...

11 January

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Unions at French group EDF ask Macron to end ‘Hercules’ restructuring deal By Reuters

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PARIS (Reuters) - French trade unions have written to President Emmanuel Macron, asking Macron to drop the planned 'Hercules' restructuring deal proposed for state-controlled power group EDF (PA:EDF). The letter, a copy of which was obtained by Reuters, was written by the CFDT, CFE-CGC, CGT and FO trade unions. The French government is working on a project, called "Hercules", to ringfence EDF's nuclear...

11 January

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European Stocks Slip; Consolidating as Covid Cases Rise By Investing.com

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By Peter Nurse Investing.com - European stock markets traded mostly lower Monday, consolidating after recent gains amid rising Covid-19 cases globally. At 3:55 AM ET (0855 GMT), the DAX in Germany traded 0.9% lower, the CAC 40 in France fell 0.5% and the U.K.'s FTSE index dropped 0.6%. There were, however, significant outliers, with the STOXX Technology index hitting another all-time high, and...

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Walmart to Create Fintech Startup With Robinhood Backer By Investing.com

Britain to tighten laws on imports linked to alleged Chinese human rights abuses – Telegraph By Reuters

EU lawmakers kick off two-month review of UK trade deal By Reuters

UK health minister says 32,294 in hospital as COVID crisis reaches “worst point” By Reuters

Factbox: How is Britain’s vaccine rollout going? By Reuters

City of London unlikely to get broad EU access, says UK banking body By Reuters

Britain’s M&S buys Jaeger brand By Reuters

EU Looks Past Trump to Defuse Transatlantic Trade Conflict By Bloomberg

Unions at French group EDF ask Macron to end ‘Hercules’ restructuring deal By Reuters

European Stocks Slip; Consolidating as Covid Cases Rise By Investing.com

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