22 March

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Sterling stabilises; speculators cut back on sterling longs By Reuters

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LONDON (Reuters) - Currency market jitters had limited impact on the pound on Monday, which was little changed against the dollar and euro, and positioning data showed speculators reduced their sterling longs but remained bullish. Turkey's surprise decision to fire its central bank governor triggered a plunge in the lira, and commodity currencies including the Australian dollar weakened while the safe-haven yen...

22 March

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Deutsche Post invests 7 billion euros to go greener By Reuters

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BERLIN (Reuters) - Deutsche Post (DE:DPWGn), one of the world's biggest logistics companies, is investing seven billion euros ($8.32 billion) in measures to cut its CO2 emissions by the end of the decade, in a step towards hitting zero emissions target by 2050. The company, which is flush with cash after raising its profit guidance earlier this month, plans to...

22 March

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Energy, travel stocks drag UK shares lower; AstraZeneca rises By Reuters

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By Shivani Kumaresan (Reuters) -London's FTSE 100 inched lower on Monday, dragged down by energy stocks as oil prices slipped over fears of slowing fuel demand, while a warning from a minister that Britons should wait before booking international travel weighed on travel stocks. The commodity-heavy FTSE 100 index slipped 0.3%, with oil heavyweights BP (LON:BP) and Royal Dutch Shell...

22 March

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Deliveroo aims for $12 billion market cap in biggest London debut in a decade By Reuters

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By Rachel Armstrong and Abhinav Ramnarayan LONDON (Reuters) - Food delivery company Deliveroo could make Britain’s biggest stock market debut since commodities giant Glencore (LON:GLEN) went public nearly a decade ago, after setting a price range on Monday that values it at up to $12 billion. The Amazon-backed food delivery has...

22 March

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Turkish lira plunges to near record lows on cenbank chief’s sacking By Reuters

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By Jonathan Spicer and Ezgi Erkoyun ISTANBUL (Reuters) - Turkey's lira slid 15% to a near all-time low on Monday after President Tayyip Erdogan's shock weekend ousting of a hawkish central bank governor sparked fears of a reversal of recent rate hikes, before clawing back some overnight losses. The appointment of Sahap Kavcioglu, a former banker and ruling party lawmaker, in...

22 March

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Barclays sticks to Turkey interest rate forecast for 19% until October By Reuters

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LONDON (Reuters) - Barclays (LON:BARC) said on Monday it expected Turkey's central bank to keep interest rates stable at 19% until October and then cut 350 basis points to 15.5% in the last quarter following Friday's ouster of central bank chief Naci Agbal. "It is possible to say that (new central bank governor Sahap Kavcioglu) is not an advocate of...

22 March

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EU has committed to allow contractual vaccine exports, UK minister says By Reuters

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LONDON (Reuters) - Britain said on Monday it would remind the European Union of its commitment to allow vaccine manufacturers to fulfill orders, including the export of shots to Britain, after speculation of a vaccine trade war heated up. "One thing I think we can do is remind the EU of the...

22 March

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AstraZeneca vaccine 79% effective in U.S. trial, panel finds no higher risk of clots By Reuters

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FRANKFURT/LONDON (Reuters) - The COVID-19 vaccine developed by Oxford University and AstraZeneca (NASDAQ:AZN) was 79% effective in preventing symptomatic illness a large trial in the United States, Chile and Peru, the company said on Monday, paving the way for it to apply for U.S. approval. The vaccine was 100% effective against severe or...

22 March

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Britain probes publisher Penguin’s takeover of Simon & Schuster By Reuters

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(Reuters) - Britain's competition watchdog said on Monday it is investigating whether book publisher Penguin Random House's $2.18 billion takeover of Simon & Schuster may reduce competition. Penguin-owner Bertelsmann said last year it had agreed to buy publisher Simon & Schuster from ViacomCBS to strengthen its presence in the United States. ...

22 March

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Google payments chief quits after 15 years at company By Reuters

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(Reuters) - Senior Google (NASDAQ:GOOGL) executive Caesar Sengupta, head of the tech giant's payment initiatives, said on Monday he was leaving the company next month, after 15 years. "I remain very positive about Google's future but it's time for me to see if I can ride without training wheels," Sengupta, vice president and general manager of payments and the 'Next Billion Users'...

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News

Sterling stabilises; speculators cut back on sterling longs By Reuters

Deutsche Post invests 7 billion euros to go greener By Reuters

Energy, travel stocks drag UK shares lower; AstraZeneca rises By Reuters

Deliveroo aims for $12 billion market cap in biggest London debut in a decade By Reuters

Turkish lira plunges to near record lows on cenbank chief’s sacking By Reuters

Barclays sticks to Turkey interest rate forecast for 19% until October By Reuters

EU has committed to allow contractual vaccine exports, UK minister says By Reuters

AstraZeneca vaccine 79% effective in U.S. trial, panel finds no higher risk of clots By Reuters

Britain probes publisher Penguin’s takeover of Simon & Schuster By Reuters

Google payments chief quits after 15 years at company By Reuters

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