25 January

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Veolia’s target Suez says second half revenue, profits to exceed expectations By Reuters

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PARIS (Reuters) - French waste and water management firm Suez, currently fighting a takeover bid from rival Veolia, said on Monday 2020 preliminary results show sales and profitability for the second half will exceed previous outlook. The performance notably reflected stronger-than-expected cost savings and backed the group's "financial trajectory to 2021 and 2022", it said in a statement. Chief Executive Bertrand Camus...

25 January

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Global life insurers impose restrictions, worried about long-term pandemic risks By Reuters

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By Suzanne Barlyn, Carolyn Cohn and Noor Zainab Hussain (Reuters) - Global life insurers are taking steps to curb payouts stemming from the coronavirus pandemic, including long-term health consequences that are not fully understood, industry sources told Reuters. Life insurers, including Prudential Financial Inc (NYSE:PRU), and Aviva (LON:AV) PLC, are now imposing waiting periods before COVID-19 patients, including...

25 January

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UK reviewing pandemic welfare support, minister says By Reuters

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LONDON (Reuters) - The British government is reviewing the level of ongoing support it gives to those relying on welfare during the pandemic, the work and pensions minister said on Monday, when asked whether a boost to Universal Credit would be extended. "In terms of ongoing support I said at the end of last year that we would be reviewing...

25 January

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Britain’s Boohoo buys Debenhams brand for 55 million sterling By Reuters

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LONDON (Reuters) - British online fashion retailer boohoo.com plc (LON:BOOH) said on Monday it had purchased the brand of collapsed department store group Debenhams for 55 million pounds ($75.4 million). Debenhams' administrators said last month it was starting a liquidation process, putting 12,000 jobs at risk....

25 January

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Japan shares higher at close of trade; Nikkei 225 up 0.67% By Investing.com

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Investing.com – Japan equities were higher at the close on Monday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 added 0.67% to hit a new 5-year high. The biggest gainers of the session on the Nikkei 225 were Alps Electric Co., Ltd. ...

25 January

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Recruiter SThree’s profit beats estimates; resumes dividend By Reuters

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(Reuters) - Recruiter SThree Plc said on Monday its annual profit nearly halved, but the company still managed to beat market expectations and resumed dividend as a recovery in the United States offset a hit from the COVID-19 pandemic. UK-based SThree, which hires employees for finance, energy, banking, pharmaceutical, engineering and tech sector, also said its chief financial officer, Alex Smith, would...

25 January

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Goldman Team Sees ‘Unsustainable Excess’ in Parts of U.S. Market By Bloomberg

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(Bloomberg) -- Corners of the U.S. equity universe are showing signs of froth, but that shouldn’t put the broader market at risk, according to Goldman Sachs Group Inc (NYSE:GS). Very high-growth, high-multiple stocks “appear frothy” and the boom in special-purpose acquisition companies is one of a number of “signs of unsustainable excess” in the U.S. stock market, strategists including...

25 January

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European lenders exit Amazon oil trade after scrutiny by campaigners By Reuters

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By Brenna Hughes Neghaiwi, Matthew Green and Simon Jessop ZURICH/LONDON (Reuters) - Credit Suisse (SIX:CSGN), Dutch lender ING and France's BNP Paribas (PA:BNPP) have decided to stop financing the trade in crude oil from Ecuador, the banks said on Monday, following pressure from campaigners aiming to protect the Amazon...

25 January

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From factory to faraway village: behind India’s mammoth vaccination drive By Reuters

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By Devjyot Ghoshal and Jatindra Dash KORAPUT, India (Reuters) - Reena Jani rose early, finished her chores in the crisp January cold and walked uphill to the road skirting her remote tribal hamlet of Pendajam in eastern India. Riding pillion on a neighbour's motorcycle for 40 minutes through hillsides dotted with paddy fields,...

25 January

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Asian shares rise as U.S. stimulus plans offset virus woes By Reuters

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By Swati Pandey SYDNEY (Reuters) - Asian shares rose on Monday as concerns over rising COVID-19 cases and delays in vaccine supplies were eclipsed by expectations of a $1.9 trillion fiscal stimulus plan to help revive the U.S. economy. Global equity markets have scaled record highs in recent days on bets COVID vaccines will start to reduce the inflection rates worldwide and...

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Veolia’s target Suez says second half revenue, profits to exceed expectations By Reuters

Global life insurers impose restrictions, worried about long-term pandemic risks By Reuters

UK reviewing pandemic welfare support, minister says By Reuters

Britain’s Boohoo buys Debenhams brand for 55 million sterling By Reuters

Japan shares higher at close of trade; Nikkei 225 up 0.67% By Investing.com

Recruiter SThree’s profit beats estimates; resumes dividend By Reuters

Goldman Team Sees ‘Unsustainable Excess’ in Parts of U.S. Market By Bloomberg

European lenders exit Amazon oil trade after scrutiny by campaigners By Reuters

From factory to faraway village: behind India’s mammoth vaccination drive By Reuters

Asian shares rise as U.S. stimulus plans offset virus woes By Reuters

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