By Foo Yun Chee BRUSSELS (Reuters) - The London Stock Exchange is set to win EU antitrust approval for its $27 billion (20.2 billion pounds) takeover of data company Refinitiv, two people familiar with the matter said on Wednesday, bolstering its footprint in a rapidly consolidating sector. The market for financial data has...
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LONDON (Reuters) - British clothing and food retailer Marks & Spencer said on Wednesday it would not follow Tesco (LON:TSCO) in returning business rates relief it has received from the government to help get it through the COVID-19 pandemic. Tesco, Britain's biggest retailer said it would repay the 585 million pounds it has claimed, putting pressure on rivals to do...
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FRANKFURT (Reuters) - Euro zone consumers have been paying more with cards and less with cash since the coronavirus pandemic began, and they plan to continue doing so after it ends as shops make electronic payment easier, a European Central Bank survey showed on Wednesday. The outbreak was accelerating an existing, albeit gradual, move away from cash as new means of contactless...
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By Ben Makori LONDON (Reuters) - Londoners set aside reservations to welcome the fast-track approval by British health authorities of a new COVID vaccine just over three weeks after U.S. group Pfizer (NYSE:PFE) published its clinical trial data on the drug. Prime Minister Boris Johnson hailed the news that the vaccine would be available from next week as a "fantastic"...
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FRANKFURT (Reuters) - Bentley, the luxury carmaker owned by Volkswagen (DE:VOWG_p) has booked five Antonov cargo jets to help overcome potential supply bottlenecks in the event of a disorderly exit of Britain from the European Union, the carmaker said on Wednesday. Car manufacturers are securing additional supply routes as policymakers in Brussels and Westminster seek to strike a deal to determine the...
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PARIS (Reuters) - Ryanair is close to placing an order for dozens of additional Boeing (NYSE:BA) 737 MAX jets in a commercial boost to the U.S. planemaker after regulators lifted a 20-month safety grounding, industry sources said. Europe's largest low-fare carrier, which has an option to expand its current order by 75 jets to 210 aircraft, declined to comment. Boeing could not...
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(Reuters) - Amazon.com Inc (NASDAQ:AMZN) said on Wednesday that five companies, including Uber Technologies (NYSE:UBER) Inc and JetBlue Airways Corp, have joined its fund that invests in companies developing environmentally friendly technologies. Chief Executive Officer Jeff Bezos last year pledged to make the largest U.S. e-commerce company net carbon neutral by 2040, as...
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By Denis Balibouse VERBIER, Switzerland (Reuters) - Swiss ski resorts are ploughing ahead with preparations for the year-end holiday season despite pressure from neighbouring Italy, France and Germany to shut until the latest coronavirus wave passes. Health Minister Alain Berset has proposed limits on the capacity of ski lifts at Christmas and the...
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BEIJING (Reuters) - China will accelerate the implementation of trade liberalisation measures promised under the Regional Comprehensive Economic Partnership (RCEP) deal, state media quoted the cabinet as saying on Wednesday. China will push forward the opening up of the goods, services and investment sectors and implement measures to lower tariffs, the cabinet said. Last month, fifteen Asia-Pacific economies formed the world's...
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By Robin Emmott and Philip Blenkinsop BRUSSELS (Reuters) - The European Union and the United States should resolve their trade disputes after U.S. President-elect Joe Biden takes office in January in a "new transatlantic agenda", the EU executive said on Wednesday, laying out its wish-list for better ties. After four years of U.S....
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