Investing.com – Japan equities were lower at the close on Friday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 fell 0.22%. The biggest gainers of the session on the Nikkei 225 were Denso Corp. (T:6902), which rose 7.76% or 413.0 points to...
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OSLO (Reuters) - Italy's Eni will buy a 20% stake in the Dogger Bank Wind Farm development from Norway's Equinor and Britain's SSE (LON:SSE) for a combined 405 million pounds ($545.21 million), the companies said on Friday. The project off the northeast coast of England is expected to become the world's largest offshore wind farm, helping the companies to achieve their climate...
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(Bloomberg) -- The European Central Bank will extend two key stimulus programs through the end of next year to support the economy until vaccines are widely enough available to entrench the recovery, according to economists surveyed by Bloomberg. Respondents predict policy makers will add six months and 500 billion euros ($608 billion) to their...
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By Lucia Mutikani WASHINGTON (Reuters) - U.S. employers likely hired the fewest workers in six months in November, hindered by a resurgence in new COVID-19 cases that, together with a lack of more government relief money, threatens to reverse the recovery from the pandemic recession. The Labor Department's closely watched employment report on Friday will only cover the first two weeks of...
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(Bloomberg) -- Denmark will stop offering new oil and gas licenses in the North Sea and will phase out production all together in 2050 as part of the country’s goal to become fossil free. The Social Democrat government reached a deal with a majority in parliament late Thursday to drop Denmark’s planned 8th licensing round as well as any future exploration plans, Climate...
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By Marc Jones and Elizabeth Howcroft LONDON (Reuters) - Financial markets' euphoric reaction to the recent COVID-19 vaccine breakthroughs and U.S. election results is pushing some currencies up so fast that rumblings have begun about a potential new FX war. Almost a decade after Brazil's finance minister likened Western central bank money-printing to economic warfare, some of the conditions that led countries...
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By Jessica DiNapoli NEW YORK (Reuters) - Investors in Asia geared up for modest stock gains on Friday as U.S. legislators wrangled over a fiscal stimulus and negotiations over a Brexit trade deal continued. A $908 billion U.S. coronavirus aid plan gained momentum in U.S. Congress on Thursday, buoying U.S. markets. "The U.S. fiscal situation is pretty fluid, but it's more encouraging...
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By Jonathan Cable LONDON (Reuters) - Sterling could be in for a bumpy December as Britain's informal membership of the European Union expires at the end of the year and the two sides have yet to agree on their future trading relationship, a Reuters poll found. The pound has travelled a rocky road since Britons voted to leave the EU in June...
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By Paresh Dave and Jeffrey Dastin OAKLAND, Calif. (Reuters) - A top Google scientist on ethical artificial intelligence says she was fired after criticizing the company's diversity efforts, a claim the Alphabet (NASDAQ:GOOGL) Inc unit disputed on Thursday, in the latest brush-up between the internet giant and worker activists. Timnit Gebru, who is Black, said on Twitter she was fired on Wednesday...
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By Yasin Ebrahim The Dow pared gains into the close on Thursday even as Pfizer halved the number of Covid-19 vaccine doses it plans to ship out this year, denting investor optimism on a faster return to normal for global economies. The Dow Jones Industrial Average rose 0.29%, or 86 points, ending the day below the key 30,000 level....
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