20 December

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BOJ Plans Policy Sustainability Review as Price Falls Deepen

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(Bloomberg) -- The Bank of Japan pledged Friday to assess the sustainability of its easing policy without changing its main framework just hours after data showed consumer prices falling at the fastest pace in a decade. At the end of the two-day policy meeting, the BOJ also kept its key interest rates and asset purchases unchanged, and extended its special support programs for...

20 December

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‘A real kick in the teeth’- UK business groups raise concern over new COVID restrictions

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By Kanishka Singh (Reuters) - Business groups expressed concerns over Britain's new COVID-19 restrictions, with the Confederation of British Industry calling them a "real kick in the teeth" for many businesses. Matthew Fell, the CBI's chief UK policy director, told Reuters in an emailed statement that the move would hit businesses which were already struggling badly, and the government needed to take...

20 December

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Mnuchin Can Extend Fed Programs, Congress’s Research Agency Says

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(Bloomberg) -- Democrats notched a small win in their bid to prove that there’s legal authority for the Federal Reserve emergency lending programs to extend past the end of the year: researchers at the Library of Congress agree with them. The Congressional Research Service, a nonpartisan arm of the Library of Congress, said in...

20 December

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U.K. Warns Brexit Talks ‘Blocked’ as Time to Reach Deal Runs Out

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(Bloomberg) -- Britain’s chief Brexit negotiator, David Frost, warned progress in the talks has been “blocked and time is running out” as leaders from both sides played down expectations a deal will be reached. Prime Minister Boris Johnson spoke with European Commission President Ursula von der Leyen on Thursday evening, after which he said the talks were in a “serious situation” and would...

20 December

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Gucci joins Alibaba’s luxury e-commerce site to woo Chinese consumers

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MILAN (Reuters) - Fashion label Gucci will open two flagship stores on Alibaba (NYSE:BABA)'s online luxury shopping platform, underscoring the importance of the Chinese market for high-end brands seeking to reverse a revenue slide due to the coronavirus pandemic. Gucci, the profit engine of French group Kering (PA:PRTP), is...

20 December

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Analysis-Central bankers comb for crypto clues as Bahamas launches ‘Sand Dollar’

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By Tom Wilson LONDON (Reuters) - It didn't seem like a revolution. A botanical green smoothie and a snapper fish burger, it was. In a Bahamas health-food cafe. But future generations might look back at this as a pivotal moment - the first national launch of a technology that could upend commercial...

20 December

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Daily Briefing: Black eye Friday reality check

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By Julien Ponthus European futures are cautiously lower, which matches the cautious mood of 2020's Black Eye Friday: far from the wild office parties and nights out, most of Europe is under tight restrictions. The last Friday before Christmas is typically one of the busiest of the year for the British police and emergency services as revellers flock en masse to city...

20 December

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‘Powerful tradecraft’: how foreign cyber-spies compromised America

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By Christopher Bing, Joseph Menn, Raphael Satter and Jack Stubbs (Reuters) - Speaking at a private dinner for tech security executives at the St. Regis Hotel in San Francisco in late February, America's top cyber defense chief boasted how well his organizations protect the country from spies. U.S. teams were “understanding the adversary better than the adversary understands themselves,” said General Paul...

20 December

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U.S. lawmakers make push for airplane certification reforms

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By David Shepardson WASHINGTON (Reuters) - U.S. lawmakers are making a final push in 2020 to win approval of landmark reforms to how the Federal Aviation Administration (FAA) certifies new airplanes in the wake of two fatal Boeing (NYSE:BA) 737 MAX crashes, five people briefed on the matter said Saturday. On Nov. 18, the Senate Commerce Committee unanimously passed a bill to...

19 December

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Putting the green in greenback? ESG investors target corporate accounts

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By Simon Jessop and Matthew Green LONDON (Reuters) - Five years ago, many investors and executives would have politely told Jill Atkins to buzz off. Now they listen keenly when the British academic presents her work, known as "extinction accounting", which shows how companies are contributing to the demise of honeybees, as well...

Меню

BOJ Plans Policy Sustainability Review as Price Falls Deepen

‘A real kick in the teeth’- UK business groups raise concern over new COVID restrictions

Mnuchin Can Extend Fed Programs, Congress’s Research Agency Says

U.K. Warns Brexit Talks ‘Blocked’ as Time to Reach Deal Runs Out

Gucci joins Alibaba’s luxury e-commerce site to woo Chinese consumers

Analysis-Central bankers comb for crypto clues as Bahamas launches ‘Sand Dollar’

Daily Briefing: Black eye Friday reality check

‘Powerful tradecraft’: how foreign cyber-spies compromised America

U.S. lawmakers make push for airplane certification reforms

Putting the green in greenback? ESG investors target corporate accounts

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