26 November

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Europe Confidence Slips, Bitcoin Corrects, Slack Talk – What’s up in Markets

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By Geoffrey Smith Investing.com -- Germany extends its lockdown restrictions through December 20th – but doesn’t tighten them much despite failing to bring down its infection curve. Consumer confidence in Europe’s two biggest economies falls. Bitcoin corrects sharply downward, and Ripple corrects even more sharply. Salesforce is reported to be close to buying Slack and Exxon Mobil is gloomy on...

26 November

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EasyJet says domestic bookings rise as England lockdown ends

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LONDON (Reuters) - British airline easyJet (LON:EZJ) said domestic bookings for December had risen significantly this week compared to last week after news that some COVID-19 restrictions in its home market would be eased. England's current lockdown bans most international travel, but when it ends on Dec. 2 people will be free to go abroad. Over Christmas, COVID-19 restrictions across the UK will...

26 November

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SSE, Equinor to invest $8 billion in Britain’s Dogger Bank giant wind project

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By Nora Buli and Nerijus Adomaitis OSLO (Reuters) - British utility SSE (LON:SSE) and Norwegian oil company Equinor have agreed to invest 6 billion pounds ($8.03 billion) to construct the first two phases of the Dogger Bank offshore wind power project, the two companies said on Thursday. The project will become the world's largest offshore wind farm, helping both companies to achieve their...

26 November

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Philippines, private firms to sign vaccine supply deal with AstraZeneca

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MANILA (Reuters) - The Philippines is set to sign a supply agreement for AstraZeneca's potential COVID-19 vaccine on Friday, the first such deal in a country aiming to further reopen its economy that has been ravaged by the pandemic. Carlito Galvez, a top coronavirus task force official, told a media briefing the deal would be for two million doses. However, Joey Concepcion, a...

26 November

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Russia plans to scale down state domestic borrowing after 2020

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By Darya Korsunskaya MOSCOW (Reuters) - Russia's finance ministry plans to scale down selling of OFZ treasury bonds in 2021 and beyond, hoping the budget will no longer require massive borrowing as it did this year amid the global coronavirus crisis, a senior official said. Running out of options to bolster public finances strained by the pandemic and the collapse of oil prices,...

26 November

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ECB’s Holzmann sees sustainable recovery from mid 2021 – Boersen-Kurier

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(Reuters) - European Central Bank policymaker Robert Holzmann expects a sustainable economic recovery from the pandemic crisis from the middle of 2021, an Austrian newspaper quoted him as saying on Thursday. "The facts speak for a sustainable economic recovery at least from the middle of next year," the head of the Austrian central bank told Boersen-Kurier. ...

26 November

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UK pub operators report losses, job cuts as lockdown pain builds

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(Reuters) - British pub operators Mitchells & Butlers (LON:MAB) and Fuller, Smith & Turner posted financial losses on Thursday and said they had cut around 2,000 jobs as the hospitality sector reels from the past month's re-tightening of COVID-19 restrictions. The larger of the two, M&B, which owns All Bar One, Harvester and Browns, said it had cut 1,300 roles. Fuller's...

26 November

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Boohoo hires retired judge Leveson to oversee supply chain revamp

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LONDON (Reuters) - British online fashion retailer Boohoo has appointed retired judge Brian Leveson to independently check its drive to improve its supply chain and business practices, it said on Thursday. In September, Boohoo accepted all the recommendations of an independent review which found several failings in its supply chain in England after allegations about working conditions and low pay, and set...

26 November

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British stocks slip as investors await details on post-lockdown curbs

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(Reuters) - British stocks fell in choppy trading on Thursday as concerns over a resurgence in coronavirus cases held gains in check, while investors also maintained a cautious stance awaiting details on post-lockdown restrictions in England. The blue-chip FTSE 100 index inched 0.1% lower, dragged by energy and banking stocks, while the domestically focussed mid-cap FTSE 250 lost 0.2%. Health secretary Matt Hancock...

26 November

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India Blocks Several Alibaba Apps in Widening Chinese Blacklist

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(Bloomberg) -- India banned another 43 Chinese apps including some of Alibaba (NYSE:BABA) Group Holding Ltd.’s key shopping services, expanding its mobile blacklist to more than 200 applications. The latest action encompassed a number of apps run by the e-commerce giant including Aliexpress, one of its largest malls for overseas...

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Europe Confidence Slips, Bitcoin Corrects, Slack Talk – What’s up in Markets

EasyJet says domestic bookings rise as England lockdown ends

SSE, Equinor to invest $8 billion in Britain’s Dogger Bank giant wind project

Philippines, private firms to sign vaccine supply deal with AstraZeneca

Russia plans to scale down state domestic borrowing after 2020

ECB’s Holzmann sees sustainable recovery from mid 2021 – Boersen-Kurier

UK pub operators report losses, job cuts as lockdown pain builds

Boohoo hires retired judge Leveson to oversee supply chain revamp

British stocks slip as investors await details on post-lockdown curbs

India Blocks Several Alibaba Apps in Widening Chinese Blacklist

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