LONDON (Reuters) - The United Kingdom is confident it has sufficient supplies of both Pfizer (NYSE:PFE) and AstraZeneca (NASDAQ:AZN) COVID-19 vaccines, Minister for Vaccine Deployment Nadhim Zahawi said on Monday. Zahawi said the United Kingdom's vaccine rollout would accelerate in March - at around twice the rate of the past 10...
Continue reading
(Reuters) - British shares rebounded on Monday, led by energy and mining stocks, as hopes of a vaccine-led economic recovery and more U.S. stimulus overshadowed fears of rising inflation and tightening monetary policy. The blue-chip FTSE 100 index climbed 1.4% by 0804 GMT, with mining stocks including Rio Tinto (LON:RIO), Anglo American (LON:AAL) and BHP gaining between 2.1%...
Continue reading
BEIJING (Reuters) - China's aviation regulator is studying a plan with Boeing (NYSE:BA) Co on the recertification of Boeing 737 MAX, which has been grounded for nearly two years, the agency's vice head Dong Zhiyi said on Monday. The Civil Aviation Administration of China (CAAC) will conduct airworthiness tests in a orderly and planned way until the major safety concerns...
Continue reading
(Reuters) - Halfords Group (LON:HFD) Plc said its fiscal-year underlying pre-tax earnings would be between 90 million pounds and 100 million pounds ($125.78 million and $139.75 million) and that it plans to repay the government support it received, as the bicycle retailer benefited from a boom in cycling during lockdowns. The company, which reported an underlying pre-tax profit of 55.9...
Continue reading
(Reuters) - Restaurant Group signed new long-term loans for about 500 million pounds as the Frankie and Benny's owner said it was burning cash of about 5.5 million pounds ($7.7 million) every month during the latest COVID-19 lockdown in Britain Shares of Restaurant Group rose about 6% in early trading to 115.1 pence The company said the cash-burn rate was similar...
Continue reading
(Reuters) - Ladbrokes (LON:LCL) owner Entain on Monday raised its cash offer for rival Swedish sports betting firm Enlabs AB to value it at around 3.7 billion crowns ($440.16 million) and said it would not increase the price further. The British company raised its cash offer to 53 crowns per share from an earlier 40 crowns per share, an 18.6%...
Continue reading
(Bloomberg) -- AMMB Holdings Bhd. asked for its shares to be suspended for two days after the Malaysian bank said it will suffer losses following a 2.83 billion ringgit ($699 million) settlement to the government over the 1MDB scandal. The lender that held former Prime Minister Najib Razak’s bank accounts, said the settlement will hurt its earnings for the year ending March 2021....
Continue reading
By Leika Kihara TOKYO (Reuters) - Solid demand for technology goods drove extended growth in Asia's factories in February, but a slowdown in China underscored the challenges facing the region as it seeks a sustainable recovery from the shattering COVID-19 pandemic blow. The vaccine rollouts globally and pick-up in demand provided optimism for a vast number of businesses that had grappled for...
Continue reading
By Makiko Yamazaki and Maki Shiraki TOKYO (Reuters) - When Japan's Honda Motor Co Ltd stopped using Sumitomo Mitsui Trust Bank Ltd as its stock transfer agent last year, the lender slapped it with a roughly $4 million termination fee, according to two people familiar with the matter. The break fee - 2,000...
Continue reading
By Jessie Pang and James Pomfret HONG KONG (Reuters) - About 1,000 people gathered outside a Hong Kong court on Monday ahead of the hearing for 47 democracy activists charged with conspiracy to commit subversion, as authorities intensify a crackdown under the city's national security law. The activists are accused of organising and...
Continue reading
English 
Russian