18 March

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British Airways-owner IAG to raise 1 billion euros in bond issue By Reuters

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LONDON (Reuters) - British Airways-owner IAG (LON:ICAG) said it planned to raise about 1 billion euros ($1.20 billion) through a bond issue, strengthening its finances to help it survive the pandemic in case the travel downturn lasts longer than expected. Airlines are counting on a travel restart this summer after a year of minimal income due to restrictions, but rising case...

18 March

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BP plans to build Britain’s largest hydrogen plant By Reuters

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By Ron Bousso LONDON (Reuters) - Energy group BP (LON:BP) aims to build Britain's largest hydrogen plant by 2030, it said on Thursday, as part of the country's push to boost use of the fuel and cut greenhouse gas emissions. The Teesside plant in northern England will have capacity of up to 1 gigawatt (GW) of so-called blue hydrogen, about...

18 March

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Stocks cheer dovish Fed, yen supported before BOJ decision By Reuters

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By Stanley White and Elizabeth Dilts Marshall TOKYO/NEW YORK (Reuters) - Asian shares and U.S. stock futures rose on Thursday after the Federal Reserve committed to maintaining accommodative monetary policy and projected a rapid jump in U.S. economic growth this year as the COVID-19 crisis eases. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.87%, while stocks in China rose 0.74%....

18 March

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‘Home nesting’ and telehealth spending to keep rising post-pandemic, McKinsey survey finds By Reuters

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By Gayle Issa and Victoria Waldersee (Reuters) - With many high-earning employees not expected back in the office full-time, the 'home nesting' that became a feature of the pandemic is set to continue - leading to sustained higher spending on home offices, gym equipment and renovations, a new report by McKinsey has found....

18 March

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England’s Genge urges social media firms to verify users after death threats By Reuters

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(Reuters) - England prop Ellis Genge has called on social media platforms to step up efforts to identify users who resort to racial abuse after he was sent death threats following England's Six Nations rugby match against Wales. Genge received the messages after footage surfaced of him not clapping Wales players off the...

18 March

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Gambling group 888 core earnings jump on strong online betting By Reuters

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(Reuters) - British gambling group 888 Holdings on Thursday posted higher annual adjusted core earnings and signalled strong momentum in 2021 so far, as more people shifted to online betting during coronavirus restrictions. The company posted adjusted core earnings of $155.6 million for the year ended Dec. 31, compared with $92.1 million in the previous year. ...

18 March

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Britain sets long-term conditions to expand fibre broadband By Reuters

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LONDON (Reuters) - Britain said on Thursday it would create the conditions for BT to invest billions of pounds in rolling out full-fibre broadband nationwide by giving it flexibility on the pricing of its fastest services. "We aim to allow all companies the opportunity to achieve a fair return over their whole...

18 March

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Ocado Retail’s revenue growth accelerates in latest quarter By Reuters

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LONDON (Reuters) - British online supermarket Ocado (LON:OCDO) Retail said revenue rose 39.7% in its first quarter to Feb. 28, an acceleration from the previous quarter, reflecting continuing strong demand for grocery deliveries during the COVID-19 pandemic. Ocado Retail, a joint venture between Ocado Group and Marks & Spencer, said revenue totalled 599 million pounds ($838 million) versus 429 million...

18 March

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Analysis: Fed patience calms yields for now, but market feels like ‘coiled spring’ By Reuters

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By Karen Brettell and Kate Duguid NEW YORK (Reuters) - The Federal Reserve may have avoided inflaming the bond market with its latest policy decision and outlook, but as economic growth rebounds and inflation rises, at least temporarily, there are questions of how long yields will remain contained. That's a key issue for...

18 March

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Toshiba shareholders vote for probe in landmark win for Japan corporate governance By Reuters

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By Makiko Yamazaki TOKYO (Reuters) - Toshiba Corp shareholders voted on Thursday in favour of an independent probe into allegations that investors were pressured ahead of last year's annual general meeting - a watershed victory set to spur more shareholder activism in Japan. The vote marks only the fourth time a shareholder motion has won approval in Japan and the first at...

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News

British Airways-owner IAG to raise 1 billion euros in bond issue By Reuters

BP plans to build Britain’s largest hydrogen plant By Reuters

Stocks cheer dovish Fed, yen supported before BOJ decision By Reuters

‘Home nesting’ and telehealth spending to keep rising post-pandemic, McKinsey survey finds By Reuters

England’s Genge urges social media firms to verify users after death threats By Reuters

Gambling group 888 core earnings jump on strong online betting By Reuters

Britain sets long-term conditions to expand fibre broadband By Reuters

Ocado Retail’s revenue growth accelerates in latest quarter By Reuters

Analysis: Fed patience calms yields for now, but market feels like ‘coiled spring’ By Reuters

Toshiba shareholders vote for probe in landmark win for Japan corporate governance By Reuters

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