(Bloomberg) -- The New York Stock Exchange said it will no longer delist China’s three biggest state-owned telecommunications companies, backtracking on a plan that had threatened to escalate tensions between the world’s largest economies. The U-turn came with scant explanation just four days after the NYSE said it would remove the shares to comply...
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By Stephen Nellis (Reuters) - Qualcomm (NASDAQ:QCOM) Inc said on Tuesday it had named its President Cristiano Amon as chief executive, replacing Steven Mollenkopf. Amon has in recent years overseen the company's chip division, which supplies processors to most of the Android phone ecosystem and modem chips that help both Android devices and Apple Inc (NASDAQ:AAPL)'s iPhones connect to wireless data networks....
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PARIS (Reuters) - British retailer Marks & Spencer said new trade rules in place since Britain left the European Union were delaying deliveries of some fresh food to its stores in France, where at least three branches had empty shelves on Tuesday. As of Jan. 1, goods travelling back and forth between Britain and the EU are subject to customs and other...
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By Andy Bruce LONDON (Reuters) - Britain on Tuesday offered a 4.6 billion pound support package for businesses struggling to cope with a third national lockdown, imposed this week to stem a new wave of COVID-19 cases sweeping the country. Finance minister Rishi Sunak said retail, hospitality and leisure companies will be able...
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By Peter Nurse Investing.com - European stock markets are seen opening in a mixed fashion Monday, with rising Covid-19 cases prompting new lockdowns and U.S. political uncertainty prompting investors to take a cautious stance. At 2:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.3% higher, CAC 40 futures in France climbed 0.1%, while the FTSE 100 futures contract in...
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LONDON (Reuters) - British Airways said on Tuesday it was reviewing its flight schedule following the announcement of new national lockdowns across the UK. Restrictions on travel due to the pandemic meant that UK-based airlines were already operating at low levels, but the new lockdown in England stops most people from travelling abroad, meaning further cuts to airline schedules are likely. "Our...
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Investing.com – India equities were higher at the close on Tuesday, as gains in the Banking, IT and Technology sectors propelled shares higher. At the close in NSE, the Nifty 50 rose 0.47% to hit a new all time high, while the BSE Sensex 30 index gained 0.54%. The biggest gainers of the session on the Nifty 50 were AXIS Bank...
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LONDON (Reuters) - British finance minister Rishi Sunak will later on Tuesday set out plans to offer more help to businesses struggling under the renewed COVID-19 restrictions, a top cabinet minister said on Tuesday. "The Chancellor (Sunak) will be saying a little bit more about additional support for business," Michael Gove told Sky...
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LONDON (Reuters) - Britain offered a new 4.6 billion pound ($6.2 billion) support package for businesses struggling to cope with a third national lockdown that began this week to stem a new wave of COVID-19 cases sweeping the country. Finance minister Rishi Sunak said retail, hospitality and leisure companies will be able to claim new one-off grants worth up to 9,000 pounds to...
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(Reuters) - British shares gained on Tuesday, led by a jump in retail stocks following record grocery sales in December, overshadowing risks arising from a fresh national lockdown imposed to curb the spread of a new COVID-19 variant. Prime Minister Boris Johnson said on Monday a new, more contagious variant of the coronavirus was spreading at great speed and immediate action was needed...
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