06 April

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UK PM Johnson says want to make travel testing regime easy as possible By Reuters

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LONDON (Reuters) - British Prime Minister Boris Johnson on Tuesday said he wanted a testing regime for international travel to be easy and cheap, hinting that rapid tests could be used after criticism from the airline industry that current requirements were onerous. The boss of easyJet (LON:EZJ) Johan Lundgren has criticised some of the government's plans to restart travel, questioning the role...

06 April

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UK car sales down by 12% in 2021 so far, grow in March By Reuters

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LONDON (Reuters) -British new car registrations fell by 12% in the first three month of 2021 compared with the same period a year earlier, which was mostly before the country was hit by the coronavirus pandemic, data published on Tuesday showed. Registrations in March alone totalled 283,964, an increase of 11.5% as the...

06 April

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Germany’s Scholz greets U.S. move to work on global corporate minimum tax rate By Reuters

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BERLIN (Reuters) - German Finance Minister Olaf Scholz welcomed on Tuesday a pledge by U.S. Treasury Secretary Janet Yellen to work on a global corporate minimum tax rate, adding that a deal among more than 140 countries could be possible by summer. "I'm in high spirits that with this corporate taxation initiative, we'll manage to put an end to the worldwide race...

06 April

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Ryanair and Wizz Air passenger numbers tumble as pandemic rumbles on By Investing.com

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By Samuel Indyk Investing.com – Passenger numbers at both Ryanair Holdings PLC (LON:RYA) and Wizz Air Holdings PLC (LON:WIZZ) tumbled in March as the impact of the coronavirus continues to play havoc with the travel and leisure sector. Ryanair Ryanair announced just 500,000 passengers flew with them last month, down 91% from the same month in 2020 when 5.5mln passengers boarded...

06 April

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Brookfield, BlackRock no longer in race for over $10 billion Aramco pipeline stake – sources By Reuters

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DUBAI (Reuters) - U.S. asset manager BlackRock (NYSE:BLK) and Canada's Brookfield Asset Management Inc are no longer in the race to buy a stake in Saudi oil giant Aramco (SE:2222)'s pipeline business, two sources familiar with the deal said. Apollo Global Management and New York-based Global Infrastructure Partners (GIP) are among the bidders still in the race for the deal, which...

06 April

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Patchy corporate climate disclosure prompts G20 watchdog to act By Reuters

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By Huw Jones LONDON (Reuters) - G20 companies will face common disclosure requirements on climate change risks under plans by the Financial Stability Board, which coordinates financial rules for the group. In the latest sign of how policymakers want faster action to replace the patchy progress seen so far, the FSB said on Tuesday that said it will set out in July...

06 April

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G20 to discuss uneven recovery from COVID crisis, officials say By Reuters

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ROME (Reuters) - The world's financial leaders will discuss on Wednesday how to coordinate policies to prevent their virus-battered economies emerging from recession at highly different speeds, officials said ahead of the virtual meeting. When finance ministers and central bank governors of the world's top 20 economies hold their video-conference the patchy response to the ongoing COVID-19 crisis will be high on...

06 April

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Get your COVID relief exit plan ready, regulator tells the G20 By Reuters

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By Huw Jones LONDON (Reuters) - While ending COVID economic relief measures too soon would present more of a threat to financial stability than leaving them in place too long, it was time for G20 countries to decide how it should be done, the Financial Stability Board said on Tuesday. The FSB, which...

06 April

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Capital hike brings Air France under government’s wing By Reuters

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By Laurence Frost PARIS (Reuters) -France will contribute up to 4 billion euros ($4.7 billion) to a recapitalisation of Air France-KLM and more than double its stake in the airline group to almost 30%, under plans announced on Tuesday with European Union approval. Air France-KLM's move is the latest by a traditional airline to shore up its finances after more than a...

06 April

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Commodity, leisure stocks lead British shares higher on recovery optimism By Reuters

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(Reuters) - British shares were boosted on Tuesday by heavyweight commodity and banking stocks, while prospects of a planned economic reopening from a coronavirus lockdown starting next week lifted beaten-down stocks of restaurants and pub operators. The blue-chip FTSE 100 index rose 1.1%. Energy stocks BP (LON:BP) Plc and Royal Dutch Shell (LON:RDSa) Plc, and miners Rio Tinto ...

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UK PM Johnson says want to make travel testing regime easy as possible By Reuters

UK car sales down by 12% in 2021 so far, grow in March By Reuters

Germany’s Scholz greets U.S. move to work on global corporate minimum tax rate By Reuters

Ryanair and Wizz Air passenger numbers tumble as pandemic rumbles on By Investing.com

Brookfield, BlackRock no longer in race for over $10 billion Aramco pipeline stake – sources By Reuters

Patchy corporate climate disclosure prompts G20 watchdog to act By Reuters

G20 to discuss uneven recovery from COVID crisis, officials say By Reuters

Get your COVID relief exit plan ready, regulator tells the G20 By Reuters

Capital hike brings Air France under government’s wing By Reuters

Commodity, leisure stocks lead British shares higher on recovery optimism By Reuters

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