01 July

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Sun-starved Britons flood to Spain’s Mallorca after restrictions eased By Reuters

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By Marco Trujillo PALMA, Spain (Reuters) - Beach-craving British tourists flocked to the Spanish island of Mallorca on Wednesday after London added the Balearic archipelago to its "green travel list", boosting hopes for a better tourist season after a disastrous 2020. Tourists stepping outside Palma de Mallorca's airport expressed relief and gratitude to be back in the sunshine, with some saying they were lucky to have bought tickets early as prices soared in the past week. The lifting of restrictions by Britain means holidaymakers will not have to quarantine for 10 days on return from...

01 July

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China’s Didi to be added to FTSE’s equity indexes on July 8 By Reuters

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SHANGHAI (Reuters) - Didi Global Inc will be added to FTSE Russell's global equity indexes on July 8 in an expedited entry following Wednesday's U.S. stock market debut of the Chinese ride-hailing company, the index publisher said. Didi shares will be included in the FTSE All-World Index, the FTSE Global Large Cap Index, and the FTSE Emerging Index, FTSE Russell said in a statement on its website. The announcement came as Didi, backed by Japan's SoftBank Group Corp, rose slightly on its U.S. debut, valuing it at $68.49 billion, in the biggest U.S. listing by...

01 July

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Japan business mood improves in Q2 to 2-1/2-year high – tankan By Reuters

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By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Japanese big manufacturers' business confidence improved in the second quarter to hit a two-and-half-year high, a central bank survey showed, a sign solid global demand was helping the economy emerge from the coronavirus pandemic-induced doldrums. Service-sector sentiment also turned positive for the first time in five quarters, suggesting that the economic recovery was broadening even as Japan struggles to contain a fresh wave of coronavirus infections. The headline index for big manufacturers' sentiment jumped to plus 14 from plus 5 in March, marking the fourth consecutive quarter of...

01 July

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Hong Kong’s acting chief executive says freedoms guaranteed under security law By Reuters

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HONG KONG (Reuters) - Hong Kong's national security law imposed on the city a year ago guarantees human rights, including freedom of the media and assembly, the city's No. 2 official John Lee said on Thursday. Lee, acting Chief Executive while leader Carrie Lam is in Beijing, was speaking at a flag-raising ceremony marking the 24th anniversary of the former British colony's return to Chinese rule in 1997, which coincides with the centenary of the Chinese Communist Party. ...

01 July

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Rolls-Royce partners with Shell in sustainable aviation fuel push By Reuters

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LONDON (Reuters) - British engineering company Rolls-Royce (LON:RR) said it would partner with oil company Shell (LON:RDSa) to work on the development of sustainable aviation fuel (SAF) in line with both their plans for net zero emissions by 2050. The pair signed a memorandum of understanding (MoU) on Wednesday which Rolls-Royce said would help with plans to certify 100% SAF for use in planes. In the aviation sector, its biggest business, Rolls-Royce plans to make all its commercial engines compatible to run on 100% SAF, which produces up to 70% less carbon than conventional...

01 July

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Canada shares lower at close of trade; S&P/TSX Composite down 0.01% By Investing.com

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Investing.com – Canada equities were lower at the close on Wednesday, as losses in the IT, Real Estate and Industrials sectors propelled shares lower. At the close in Toronto, the S&P/TSX Composite fell 0.01%. The biggest gainers of the session on the S&P/TSX Composite were Mullen Group Ltd . (TSX:MTL), which rose 7.95% or 0.98 points to trade at 13.30 at the close. Sandstorm Gold Ltd . (TSX:SSL) added 7.71% or 0.70 points to end at 9.78 and Cogeco Communications Inc (TSX:CCA) was up 4.81% or 5.54 points to 120.65 in late trade. Biggest...

01 July

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China’s Didi worth $68 billion after U.S. debut By Reuters

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By Noor Zainab Hussain, Echo Wang and Yilei Sun (Reuters) -Didi Global Inc shares ended their first day of U.S. trading slightly over their initial public offering (IPO) price, valuing the ride-hailing giant at $68.49 billion in the biggest U.S. listing by a Chinese company since 2014. The stock market debut vindicated Didi's decision to moderate its valuation expectations, after investors raised concerns over the pace and profitability of its expansion in new services and foreign markets. Reuters reported in March that Didi was hoping the IPO could value it at as much as $100...

01 July

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Britain’s Sunak promises to sharpen City of London’s competitive edge By Reuters

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LONDON (Reuters) - Britain will unveil its blueprint on Thursday for building the world's "most advanced" financial sector after Brexit largely severed the City of London financial district from the European Union, its biggest export customer. Finance minister Rishi Sunak will set out his "ambitious vision" for Britain's largest tax-raising industry in his first Mansion House speech, the finance ministry said ahead of Thursday's event - traditionally an annual speech given by the finance minister in London's "Square (NYSE:SQ) Mile" financial heartland. A detailed plan for how the City's competitive advantage will be sharpened for "decades...

01 July

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Ireland to reduce maximum rent increases in designated zones By Reuters

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DUBLIN (Reuters) - Ireland will significantly reduce the maximum annual increase in residential rents allowed in designated "Rent Pressure Zones", the government announced on Thursday in a move to tackle surging housing costs. Landlords in the designated zones, which cover many of Ireland's urban areas under 2016 legislation, are currently limited to annual rent increases of 4%. From early July, the maximum annual rent increase will instead be set at the Harmonised Index of Consumer Price inflation rate, the department of housing said in a statement. The Irish Central Bank on Thursday forecast...

01 July

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Irish Central Bank raises 2021 growth forecast to 8.3% By Reuters

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DUBLIN (Reuters) - Ireland's central bank on Thursday raised its growth forecast for 2021 for the second time this year as the progress of the COVID-19 vaccination campaign, improving consumer sentiment and international tailwinds set the scene for a strong recovery. In its latest quarterly report, the Central Bank revised its forecast for GDP growth for this year to 8.3%, from 5.9% three months ago. The move comes after exports by large technology and pharmaceutical firms swelled annual GDP growth in the first quarter to 11.8%. The Central Bank expects GDP growth of 5.4% in...

Меню

Sun-starved Britons flood to Spain’s Mallorca after restrictions eased By Reuters

China’s Didi to be added to FTSE’s equity indexes on July 8 By Reuters

Japan business mood improves in Q2 to 2-1/2-year high – tankan By Reuters

Hong Kong’s acting chief executive says freedoms guaranteed under security law By Reuters

Rolls-Royce partners with Shell in sustainable aviation fuel push By Reuters

Canada shares lower at close of trade; S&P/TSX Composite down 0.01% By Investing.com

China’s Didi worth $68 billion after U.S. debut By Reuters

Britain’s Sunak promises to sharpen City of London’s competitive edge By Reuters

Ireland to reduce maximum rent increases in designated zones By Reuters

Irish Central Bank raises 2021 growth forecast to 8.3% By Reuters

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