17 December

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EU proposes new airport slots rules for summer 2021

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By Marine Strauss BRUSSELS (Reuters) - The European Commission proposed on Wednesday new rules on airport slots for summer 2021, allowing airlines to keep those slots if they use 40% of them instead of the normal 80% as the travel industry recovers from the COVID-19 pandemic. In March, the European Commission introduced a waiver of the normal rule to avoid airlines operating...

17 December

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Britain should exercise extreme caution at Christmas, says PM Johnson

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LONDON (Reuters) - Prime Minister Boris Johnson urged Britons on Wednesday to celebrate Christmas with "extreme caution", saying that although the vaccination programme had got off to a very good start, asymptomatic transmission of COVID-19 still posed a threat. "(He) is absolutely right to stress the importance of people taking care because although some things are unquestionably going well ...

17 December

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UK to extend COVID loan scheme by 2 months – FT

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LONDON (Reuters) - Britain's government is planning to extend the period when businesses can apply for coronavirus support loans by two months until the end of March, the Financial Times reported on Thursday. The FT said the move had been confirmed by several people familiar with the plans, and could be announced as soon as Thursday. ...

17 December

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Norwegian Air shareholders back restructuring plan

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By Victoria Klesty OSLO (Reuters) - Norwegian Air's shareholders endorsed the carrier's financial rescue plan in a series of votes on Thursday, the airline said, one of several hurdles the company must clear to survive the COVID-19 pandemic. Norwegian faces difficult negotiations with creditors in the coming months as it seeks to reduce its debt and liabilities of some 66.8 billion crowns...

17 December

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India shares higher at close of trade; Nifty 50 up 0.42%

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Investing.com – India equities were higher at the close on Thursday, as gains in the Capital Goods, Real Estate and Banking sectors propelled shares higher. At the close in NSE, the Nifty 50 added 0.42% to hit a new all time high, while the BSE Sensex 30 index climbed 0.48%. The biggest gainers of the session on the Nifty 50 were...

17 December

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Nintendo and Sony Shares Hit Records as Peak Holiday Season Approaches

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(Bloomberg) -- Nintendo Co (T:7974) (OTC:NTDOY). had its biggest gain in more than a year in Tokyo on Thursday, as investors eyed demand for game consoles with the peak holiday season approaching. Shares in the Kyoto-based gamemaker rose 6.6%, reaching the highest level since December 2007, amid demand for its Switch (NYSE:SWCH) console and a...

17 December

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Myths about banker accountability have been bust, says Bank of England

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By Huw Jones LONDON (Reuters) - A pioneering UK regime to stamp out misconduct by making bankers directly accountable for failings is working, the Bank of England said on Wednesday. The senior managers regime, or SMR, was launched in 2016 to make senior bankers like CEOs, heads of units and directors personally accountable for failures on their watch. It was called...

17 December

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Daily Briefing: One down, three to go

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By Dhara Ranasinghe and Danilo Masoni LONDON (Reuters) - A day after the Federal Reserve ended its final meeting of the year with a vow to keep funnelling cash into markets until the U.S. economic recovery is secure, focus on Thursday turns to central bank meetings in the UK, Switzerland and Norway. The Bank of England will likely refrain from yet...

17 December

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UK job furlough spending rises to 46.4 billion pounds

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LONDON (Reuters) - British public spending on furloughing private-sector employees unable to work due to the coronavirus rose to a total 46.4 billion pounds ($63.0 billion) as of Dec. 13, up from 43.0 billion a month before, government data showed on Thursday. Some 9.9 million jobs have been furloughed at some point since the programme started in April. Government guarantees to banks...

17 December

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European Stocks Higher; Bank of England Meeting Due

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By Peter Nurse Investing.com - European stock markets traded higher Thursday, with investors buoyed by progress over Brexit negotiations and U.S. stimulus talks, ahead of the Bank of England’s latest policy-setting meeting. At 3:50 AM ET (0850 GMT), the DAX in Germany traded 1% higher, the CAC 40 in France rose 0.5%, and the U.K.'s FTSE index climbed 0.3%. EU and U.K. negotiators...

Меню

EU proposes new airport slots rules for summer 2021

Britain should exercise extreme caution at Christmas, says PM Johnson

UK to extend COVID loan scheme by 2 months – FT

Norwegian Air shareholders back restructuring plan

India shares higher at close of trade; Nifty 50 up 0.42%

Nintendo and Sony Shares Hit Records as Peak Holiday Season Approaches

Myths about banker accountability have been bust, says Bank of England

Daily Briefing: One down, three to go

UK job furlough spending rises to 46.4 billion pounds

European Stocks Higher; Bank of England Meeting Due

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