01 March

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Bank of England moves on negative rates are contingency planning-Ramsden By Reuters

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LONDON (Reuters) - Bank of England Deputy Governor Dave Ramsden said contingency planning by the central bank for the possibility of negative interest rates was very different from any decision to actually take borrowing costs below zero. "We want to be in a position that if things didn’t get better as we are forecasting, if some of the downside risks around new...

01 March

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Fed’s Brainard Sets Out Reform Plan for Covid-Stressed Markets By Bloomberg

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(Bloomberg) -- Federal Reserve Governor Lael Brainard described a broad regulatory reform agenda for the coming months aimed at fixing a financial system that proved too fragile to stand up to the pandemic shock and required unprecedented assistance from taxpayer-backed emergency facilities. “Regulators and international standard-setting bodies have an opportunity to draw important lessons...

01 March

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Wall Street Opens Higher as Bond Jitters Ease; Dow up 510 Pts By Investing.com

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By Geoffrey Smith Investing.com -- U.S. stock markets opened sharply higher on Monday after the easing of jitters in bond markets over the first signs of inflation in the post-Covid economy. By 9:40 AM ET (1440 GMT), the Dow Jones Industrial Average was up 510 points, or 1.7%, at 31,442 points. The S&P 500 and the Nasdaq Composite were both up 1.6%. All...

01 March

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Trafigura to exclusively supply oil to Prax’s Lindsey refinery in UK By Reuters

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By Julia Payne LONDON (Reuters) - Prax Group has agreed to buy all the crude oil and refinery feedstocks for its newly acquired Lindsey refinery in Britain from commodities trader Trafigura, a joint statement said on Monday. UK trading firm Prax, which has a fuel distribution arm under the name Harvest Energy, completed the acquisition of the 110,000 barrel-per-day refinery in...

01 March

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UK’s Johnson says economic recovery could be stronger than expected By Reuters

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LONDON (Reuters) - British Prime Minister Boris Johnson said on Monday the country's economy could recover more strongly after the coronavirus pandemic than some "pessimists" had predicted. Johnson told broadcasters that his finance minister Rishi Sunak had stressed the poor state of the public finances. "Of course it's been expensive to look after...

01 March

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Fourth executive jailed in Britain’s Iraq oil bribery case By Reuters

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By Kirstin Ridley LONDON (Reuters) - A former sales manager of Dutch energy services company SBM Offshore was sentenced on Monday to three-and-a-half years in jail after being convicted by a London jury of bribing public officials to win oil contracts in post-occupation Iraq. Paul Bond, 68, was found guilty of two counts of bribery after a retrial at London's Southwark Crown...

01 March

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After Australia row, Facebook signs up partners for German news product By Reuters

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(Reuters) - Facebook (NASDAQ:FB) said on Monday it had signed up a string of German media partners to provide content for a local news product, in a success for the U.S. social network following a row over payment for news content in Australia. Described as a "dedicated venue for journalistic content", Facebook News will feature reporting from heavyweight news weeklies Die Zeit...

01 March

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‘Please get in touch’: UK searches for mystery spreader of Brazil variant By Reuters

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By Guy Faulconbridge LONDON (Reuters) - Britain on Monday appealed for a mystery individual infected with a highly transmissible Brazilian variant of the novel coronavirus to come forward, more than two weeks after they tested positive but failed to give proper contact details. Britain said six cases had been detected of the "P.1"...

01 March

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Exclusive: EU audits Indian vaccine maker as AstraZeneca looks to boost supplies to the bloc – source By Reuters

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By Emilio Parodi MILAN (Reuters) - Europe's drug regulator is auditing the manufacturing site of the Serum Institute of India (SII), a source with knowledge of the matter said, a necessary step before AstraZeneca (NASDAQ:AZN)'s COVID-19 vaccine made there can be exported to the bloc. SII, the world's largest vaccine manufacturer, is producing...

01 March

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Dow Futures Up 280 Pts; J&J Vaccine Approval Helps By Investing.com

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By Peter Nurse Investing.com - U.S. stocks are seen opening sharply higher Monday, boosted by more positive Covid vaccine news, progress in the U.S. stimulus package and Treasury yields dropping from last week’s highs. At 7 AM ET (1200 GMT), the Dow Futures contract was up 280 points, or 0.9%, S&P 500 Futures traded 36 points, or 1%, higher, and Nasdaq 100 Futures...

Меню

Bank of England moves on negative rates are contingency planning-Ramsden By Reuters

Fed’s Brainard Sets Out Reform Plan for Covid-Stressed Markets By Bloomberg

Wall Street Opens Higher as Bond Jitters Ease; Dow up 510 Pts By Investing.com

Trafigura to exclusively supply oil to Prax’s Lindsey refinery in UK By Reuters

UK’s Johnson says economic recovery could be stronger than expected By Reuters

Fourth executive jailed in Britain’s Iraq oil bribery case By Reuters

After Australia row, Facebook signs up partners for German news product By Reuters

‘Please get in touch’: UK searches for mystery spreader of Brazil variant By Reuters

Exclusive: EU audits Indian vaccine maker as AstraZeneca looks to boost supplies to the bloc – source By Reuters

Dow Futures Up 280 Pts; J&J Vaccine Approval Helps By Investing.com

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