(Reuters) - The European Union is set to concede on Brexit fishing rights, the Telegraph reported, without citing sources. Brussels has also accepted a proposal for a transition period on fishing rights after Jan. 1, the report said. ...
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LONDON (Reuters) - More than 200 British retail investors have lost nearly 10 million pounds in total to sophisticated investment scams since a government lockdown in March to fight the COVID-19 pandemic, a trade body said on Saturday. Fraudsters cloned genuine investment management firms' websites and documentation, and advertised fake products on sham price comparison websites and on social media, the Investment...
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Investing.com – Canada equities were higher at the close on Friday, as gains in the Healthcare, Clean Technology and IT sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite added 0.26% to hit a new 6-month high. The biggest gainers of the session on the S&P/TSX Composite were Aurora Cannabis Inc (TSX:ACB), which rose 18.67% or...
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(Reuters) - General Motors Co (NYSE:GM) is planning to apply for a banking charter that would allow its lending unit to hold deposits and expand its auto-finance business, the Wall Street Journal reported on Friday, citing people familiar with the matter. The automaker's finance arm, General Motors Financial Company Inc, has been talking to federal and state banking regulators for months about...
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By Erwin Seba HOUSTON (Reuters) - Royal Dutch Shell (LON:RDSa) PLC may begin the permanent shutdown of its 211,146 barrel-per-day Convent, Louisiana, refinery early next week, people familiar with plant operations said on Monday. Shell announced on Nov. 5 the refinery, located 57 miles (92 km) west of New Orleans, was to close after the company failed to find a buyer...
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By Peter Nurse Investing.com -- Black Friday is here, but the shopping season is likely to different with online sales likely to surge. European banking consolidation is put on hold in Spain, while AstraZeneca (NASDAQ:AZN) is unlikely to feel much love as Wall Street returns from its Thanksgiving holiday. Oil is trading mixed as a crucial OPEC+ meeting looms, while sterling retains...
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(Reuters) - London's Heathrow airport said on Friday that Unite trade union would go ahead with its strike plan on Dec. 1, protesting job cuts as well as re-hiring on reduced pay. The strike, which was announced by Unite on Nov. 16, will involve firefighters, engineers, campus security, baggage operations, operational and airside workers, and will effectively close the airport. ...
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DUBLIN (Reuters) - Between 100,000 and 150,000 people will be able to return to work in Ireland over the next week or so as all shops, restaurants, gyms and pubs serving food reopen, Business Minister Leo Varadkar said on Friday. The number of people claiming temporary coronavirus-related jobless benefits has risen by almost 150,000 since Ireland began to tighten COVID-19 curbs in...
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BRUSSELS (Reuters) - The European Commission said on Friday it had approved the proposed acquisition of French fibre optics operator by rival SFR FTTH controlled by Altice, Allianz (DE:ALVG) and Omers, subject to conditions. The Commission, which oversees competition policy in the 27-nation European Union, had concerns that the takeover would reduce competition in the wholesale market for fibre-to-the-office (FTTO) networks and...
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By Geoffrey Smith and Peter Nurse Investing.com-- AstraZeneca PLC (LON:AZN) is in a race to develop an effective Covid-19 vaccine, but that's not it's only goal. It's really known as a global leader in cancer treatments, winning a number of drug approvals in recent years by regulators around the world. Earlier this week, the U.K.-based drug maker said late-stage trials of its Covid-19...
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