LONDON (Reuters) - The Screwfix unit of British home improvement retailer Kingfisher (LON:KGF) plans to open more than 50 new stores in the UK and Ireland this year, creating 600 jobs, it said on Monday. Screwfix, which is aimed at the trade market, also said it has increased its UK and Ireland store target to over 900 from a previous...
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By Christoph Steitz and Jan Schwartz FRANKFURT (Reuters) - Volkswagen (DE:VOWG_p) plans to secure battery cell supply and expand the infrastructure for charging electric vehicles in Europe as it accelerates efforts to overtake Tesla and make so-called e-mobility cheaper. The world's No.2 carmaker, which is in the midst of a major shift towards...
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Investing.com – India equities were lower at the close on Monday, as losses in the Healthcare, Capital Goods and Banking sectors propelled shares lower. At the close in NSE, the Nifty 50 declined 0.67%, while the BSE Sensex 30 index fell 0.78%. The biggest gainers of the session on the Nifty 50 were JSW Steel Ltd (NS:JSTL), which rose...
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By Peter Nurse Investing.com - U.S. stocks are seen opening higher Monday, continuing last week’s rally as investors await Wednesday's highly anticipated Federal Reserve meeting. At 7:05 AM ET (1205 GMT), the Dow futures contract was up 105 points, or 0.3%, S&P 500 futures traded 6 points, or 0.2%, higher, and Nasdaq 100 futures climbed 25 points, or 0.2%. Equity markets rose strongly...
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By Panarat Thepgumpanat and Andreas Rinke BANGKOK/BELIN (Reuters) - Thailand announced plans on Monday to go ahead with AstraZeneca (NASDAQ:AZN)'s COVID-19 vaccine and Germany said it would continue to administer the shot despite other countries suspending its use over safety fears. Denmark and Norway have reported cases of bleeding, blood clots and a low platelet count, prompting Ireland and the Netherlands on...
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By Sarah White and Gwénaëlle Barzic PARIS (Reuters) - Danone said on Monday that Emmanuel Faber would step down as chairman and CEO, ejected by the group's board after the Activia yoghurt maker faced growing calls from some shareholders to replace him. Faber, an advocate for environmental matters and a more sustainable way of doing business, had come under pressure as...
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By David Milliken LONDON (Reuters) - Hand gel, dumbbells and men's loungewear bottoms are joining Britain's official consumer price index this month, reflecting the impact of COVID on the country's shopping habits. British people have bought more casual clothing suited to working from home and fewer formal outfits, and spending on home exercise equipment has boomed with gyms closed, the Office for...
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By Shivani Kumaresan (Reuters) - UK shares inched higher on Monday, supported by consumer staples and industrials stocks as the economic recovery gathered pace, while recruiter SThree rose after its performance returned to pre-pandemic levels in the first quarter. The blue-chip FTSE 100 index climbed 0.4%, with consumer staples including Diageo (LON:DGE) Plc, Unilever (LON:ULVR) Plc and Ocado...
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LONDON (Reuters) - Bank of England Governor Andrew Bailey said on Monday he was now more positive about the British economy as the novel coronavirus was in retreat though he cautioned the COVID-19 effect was huge. "I'm now more positive but with a large dose of caution," Bailey told BBC radio. "There are now risks on the upside." Bailey said the British...
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LONDON (Reuters) - British Prime Minister Boris Johnson said on Sunday he was deeply concerned at footage of police breaking up and dragging women away from a vigil for a murdered woman that drew heavy public criticism of the force. London police faced an official inquiry into their actions after they intervened on...
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