LONDON (Reuters) - The odds of Britain agreeing a trade deal with the European Union before the end of a transition period have risen to 57% on Monday, up from 40% last week, according to punters betting on the Smarkets exchange. Chances of a "no deal" had risen to as much as 61% on Friday from 19% in late November after...
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PARIS (Reuters) - Francois Villeroy de Galhau, the governor of the Bank of France and a member of the European Central Bank (ECB), told France Inter radio on Monday that any positive economic effects from COVID-19 vaccines would not be felt until the end of 2021. The Bank of France forecast earlier on Monday that the French economy will rebound next year...
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(Reuters) - Alphabet (NASDAQ:GOOGL) Inc's Google will allow its employees to work from home until September next year, extending the return to the office by a few months, the New York Times reported on Monday. The company was also testing the idea of a "flexible workweek" once it is safe to return to the office, Chief Executive Officer Sundar Pichai told the...
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By Victoria Waldersee, Melissa Fares and Nivedita Balu (Reuters) - This time of year, hundreds of thousands of seasonal retail workers across North America and Europe would usually be wrapping gifts, stirring hot chocolates, tidying Christmas displays or assisting the flurry of last-minute shoppers. But the balance of available holiday jobs this year...
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By Sankalp Phartiyal and Chandini Monnappa NEW DELHI/BENGALURU (Reuters) - Apple Inc (NASDAQ:AAPL) said it is investigating if its Taiwanese contractor Wistron Corp flouted supplier guidelines at a violence-hit iPhone manufacturing facility near the Indian city of Bengaluru, following violence at the plant. Wistron is one of Apple's top global suppliers. In India, it makes iPhone 7 handsets and second-generation iPhone SE...
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(Bloomberg) -- A bipartisan group of lawmakers will unveil a $908 billion coronavirus pandemic relief bill on Monday, although there’s “no guarantee” Congress will pass it, one of the key negotiators said. “We were on a call all day yesterday, we’ll get on a call again this afternoon to finish things up,” Senator Joe...
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(Reuters) - Social network firm Reddit said https://redditblog.com/2020/12/13/reddit-welcomes-video-platform-dubsmash-to-team on Sunday it would buy short-video platform Dubsmash, becoming the latest company to expand in a space dominated by Chinese-owned TikTok. The financial terms of the deal were not disclosed, but a spokeswoman for Reddit said the acquisition was based on a combination of cash and stock. The success of ByteDance's TikTok has prompted...
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By Silvia Aloisi and Nikolaj Skydsgaard MILAN/COPENHAGEN (Reuters) - Denmark's coronavirus-driven mink cull has put the fur business in a spin, with industry officials expecting fashion houses such as Louis Vuitton, Dior and Fendi to snap up fox and chinchilla to fill the gap. The global fur trade, worth more than $22...
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LONDON (Reuters) - Sky, the pay-TV operator owned by Comcast Corp (NASDAQ:CMCSA), has struck a deal with Amazon.com Inc (NASDAQ:AMZN) that will see the launch of Prime Video on its platforms across Europe from Monday, while Sky's NOW TV and Sky Ticket apps will also come to Amazon's Fire TV devices. The partnership for the first time will enable UK customers to...
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(Reuters) - The United Kingdom is planning to launch a permanent replacement for the 65 billion pounds ($86.86 billion) COVID-19 loans programme with new state-backed guarantees to support lending by banks to a range of small to medium-sized business, the Financial Times newspaper reported late on Sunday. The new loan scheme may carry a guarantee of up to 80% for loans of...
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