05 March

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.42% By Investing.com

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Investing.com – U.K. equities were lower at the close on Friday, as losses in the Financial Services, Travel & Leisure and Aerospace & Defense sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 lost 0.42%. The biggest gainers of the session on the Investing.com United Kingdom 100 were BT Group PLC (LON:BT), which rose 4.93% or...

05 March

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As Microsoft email software hack spreads, experts brace for more impact By Reuters

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By Raphael Satter WASHINGTON (Reuters) - The hackers behind the powerful set of digital intrusion tools exposed by Microsoft Corp (NASDAQ:MSFT) this week are on a tear, breaking into organizations across the United States and Europe. With the weekend looming, experts say it is only a matter of time before the break-in tools are cloned by other spies or cybercriminals,...

05 March

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U.S., EU agree tariff freeze in aircraft dispute, says EU’s Von der Leyen By Reuters

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BRUSSELS (Reuters) - The European Union and the United States have agree to suspend for four months tariffs imposed in a dispute over aircraft subsidies for four months, European Commission President Ursula von der Leyen said on Friday. Von der Leyen said in a statement that she had talked by telephone with U.S. President Joe Biden and said both were committed to...

05 March

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Norwegian Air says Boeing dispute to be decided in U.S. court By Reuters

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DUBLIN (Reuters) - Norwegian Air expects its dispute with Boeing (NYSE:BA) over the cancellation of orders for 97 aircraft to be decided in U.S. legal proceedings and not as part of an Irish restructuring process, a lawyer for the airline said on Friday. Norwegian was given protection from bankruptcy in both Norway and Ireland, where most of its assets are registered, late...

05 March

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FTSE finishes lower, USD strong, oil rallies By Investing.com

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By Samuel Indyk Key Points FTSE 100 swings between gains and losses, finishes lower US adds more jobs than expected in February USD strong following jobs report, Powell Brent and WTI rally for second day after OPEC Investing.com – The FTSE 100 swung between gains and losses to finish in the red, dragged down after the US markets opened in the...

05 March

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Bank of England should push back against growth risks – Haskel By Reuters

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LONDON (Reuters) - Britain's central bank should "lean strongly against" downside risks to recovery from the COVID pandemic and be ready to loosen policy further if needed, Bank of England policymaker Jonathan Haskel said on Friday. Commercial banks should follow BoE advice to make sure they are ready to implement negative interest rates, although the central bank does not yet know if...

05 March

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Leading big-tech critic Tim Wu joins White House administration By Investing.com

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By Samuel Indyk Investing.com – Tim Wu, a long-time critic of so-called big-tech, has confirmed he is joining the Biden administration to work on Technology and Competition Policy at the National Economic Council, a move that signals that Biden is wants to crack down on the large technology companies. ...

05 March

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UK’s Tesco commits to healthy food sales target after shareholder pressure By Reuters

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LONDON (Reuters) - Tesco (LON:TSCO), Britain's biggest supermarket chain, committed to increase its sales of healthy food to 65% of total sales by 2025 following pressure from some shareholders to set targets. Some investors have been calling for Tesco, which has 27% of the UK's grocery market, to sell more healthy food, saying it was lagging rivals in its...

05 March

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Britain starts countdown on Libor’s ‘final chapter’ By Reuters

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By Huw Jones LONDON (Reuters) - Britain's financial regulators on Friday called a formal halt to nearly all Libor rates from the end of this year, as expected, piling pressure on markets to speed the switch in interest rates used in $260 trillion of contracts around the world. Libor, or London Interbank Offered...

05 March

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U.S. Futures Mixed; Treasury Yields and Payrolls in Focus By Investing.com

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By Peter Nurse Investing.com - U.S. stocks are seen opening mixed Friday, in cautious trading after the previous session’s sharp sell-off, ahead of the closely watched monthly employment report. At 7:30 AM ET (1230 GMT), the Dow Futures contract was up 30 points, or 0.1%, S&P 500 Futures traded 42points, or 0.1%, higher, while Nasdaq 100 Futures dropped 20 points, or 0.2%. Wall...

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.42% By Investing.com

As Microsoft email software hack spreads, experts brace for more impact By Reuters

U.S., EU agree tariff freeze in aircraft dispute, says EU’s Von der Leyen By Reuters

Norwegian Air says Boeing dispute to be decided in U.S. court By Reuters

FTSE finishes lower, USD strong, oil rallies By Investing.com

Bank of England should push back against growth risks – Haskel By Reuters

Leading big-tech critic Tim Wu joins White House administration By Investing.com

UK’s Tesco commits to healthy food sales target after shareholder pressure By Reuters

Britain starts countdown on Libor’s ‘final chapter’ By Reuters

U.S. Futures Mixed; Treasury Yields and Payrolls in Focus By Investing.com

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