30 December

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.51%

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Investing.com – U.K. equities were lower at the close on Wednesday, as losses in the Beverage, Healthcare Equipment & Services and Electrical sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 declined 0.51%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Samsung Electronics Co Ltd DRC (LON:0593xq), which rose 2.60% or...

30 December

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UK imposes further English lockdowns as COVID variant spreads

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LONDON (Reuters) - The British government said on Wednesday more areas of England would be placed under the strictest COVID-19 restrictions as a highly infectious variant of the virus is spreading across the country. Health Secretary Matt Hancock said the Midlands, the north east, parts of the north west and parts of...

30 December

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EU to Curb U.K. Travelers on Covid at End of Brexit Transition

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(Bloomberg) -- The U.K. is set to join the U.S., Canada and most other countries whose residents are unwelcome visitors to the European Union because they haven’t sufficiently contained the coronavirus outbreak. EU governments are making no changes to their common travel “white list” in the immediate run-up to Britain’s scheduled departure from the...

30 December

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EU and China Seal Investment Agreement to Open Chinese Market

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(Bloomberg) -- The European Union and China announced the political approval of a long-sought agreement to open the Chinese market further to EU investors, marking an economic victory for both sides. The breakthrough in negotiations on an EU-China investment accord signals the bloc’s determination to focus on economic opportunities in Asia even amid criticism of Beijing’s record on human rights. The accord could...

30 December

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Acadia to sell UK unit for $1.47 billion to Waterland Private Equity

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(Reuters) -Acadia Healthcare Company Inc said on Wednesday it would sell its UK unit, The Priory Group, to Waterland Private Equity for about 1.08 billion pounds ($1.47 billion), more than four years after acquiring the business. The company said it expects proceeds of about $1.35 billion from the sale, with the amount set to be used for paying down debt. Shares...

30 December

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AstraZeneca says working to get its vaccine approved in Brazil as fast as possible

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RIO DE JANEIRO (Reuters) - AstraZeneca said on Wednesday it is working efficiently and transparently to bring its vaccine to Brazil as fast as possible, adding that it remains committed to seeking full regulatory approval in Brazil after authorization in the UK. In a statement, AstraZeneca said it would keep up the ongoing submission of its late-stage trial results, but...

30 December

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Tiffany shareholders back LVMH takeover in end to long-drawn dispute

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(Reuters) - U.S. jeweler Tiffany & Co (NYSE:TIF)'s shareholders on Wednesday approved a $15.8 billion deal with France's LVMH (PA:LVMH), ending an acrimonious dispute between the two luxury retailers that had stretched for more than a year. As agreed in October, LVMH will pay $131.5 per share, down from $135 in the original deal signed late last year. ...

30 December

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McConnell Defies Trump, U.K. OKs Astra Vaccine, Bitcoin ATH – What’s up in Markets

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By Geoffrey Smith Investing.com -- Senate Leader Mitch McConnell thwarts Donald Trump’s plan for higher stimulus payments, the U.K. approves the AstraZeneca/Oxford University vaccine, and Bitcoin reaches another all-time high. Here’s what you need to know in financial markets on Wednesday, December 30th. 1. McConnell defies Trump’s stimulus call President Donald Trump’s efforts to increase the part of the recent $900 billion stimulus package...

30 December

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Analysis-Cuba’s looming monetary reform sparks confusion, inflation fears

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By Sarah Marsh and Nelson Acosta HAVANA (Reuters) - A major monetary reform that will hike prices and state wages in Cuba starting on Friday is sparking widespread uncertainty as the Communist-run island resumes market-oriented changes to its Soviet-style economy after years of flip-flopping. The reform, announced earlier this month by President Miguel...

30 December

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Giuseppe Conte Says Italy Won’t Use All EU Recovery Funds Over Debt Concerns

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(Bloomberg) -- Prime Minister Giuseppe Conte said Italy won’t make full use of European Union pandemic recovery funds amid growing concerns over rising public debt and the country’s ability to effectively use the funds. “We cannot use all the loans that we’re given,” Conte said on Wednesday during his year-end press conference in Rome. “There is a limit, we have to be credible...

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.51%

UK imposes further English lockdowns as COVID variant spreads

EU to Curb U.K. Travelers on Covid at End of Brexit Transition

EU and China Seal Investment Agreement to Open Chinese Market

Acadia to sell UK unit for $1.47 billion to Waterland Private Equity

AstraZeneca says working to get its vaccine approved in Brazil as fast as possible

Tiffany shareholders back LVMH takeover in end to long-drawn dispute

McConnell Defies Trump, U.K. OKs Astra Vaccine, Bitcoin ATH – What’s up in Markets

Analysis-Cuba’s looming monetary reform sparks confusion, inflation fears

Giuseppe Conte Says Italy Won’t Use All EU Recovery Funds Over Debt Concerns

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