11 March

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Cut tax on electric cars and low-carbon building refits: UK employers By Reuters

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LONDON (Reuters) - British employers asked the government for tax cuts on electric cars and for refitting buildings to make them more energy efficient ahead of a review of tax policy by finance minister Rishi Sunak starting later this month. The Confederation of British Industry said value-added tax on electric cars and the cost of using public chargers should be cut from...

11 March

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Three quarters of UK manufacturers hit by Brexit delays – survey By Reuters

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LONDON (Reuters) - Three out of every four British manufacturers have experienced Brexit-related delays during the past three months and the government must sort out problems that are still affecting ports, industry group Make UK said on Thursday. Almost a third of firms suffered delays of between one and two weeks and over...

11 March

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Dow Closes at Record as Value Stocks Continue Bullish Stampede By Investing.com

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By Yasin Ebrahim Investing.com – The Dow closed at a record high Wednesday, as investors continued to back value stocks on optimism that the $1.9 trillion fiscal package will spur a stronger reopening and economic recovery. The Dow Jones Industrial Average rose 1.46%, or 464 points, to close at record of 32,297.02, and the S&P 500 rose 0.61% and theNasdaq Composite closed flat,...

11 March

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UK aims to diverge from EU data rules to drive growth, minister says By Reuters

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By Paul Sandle LONDON (Reuters) - Britain is planning to reform data protection law to allow information to flow more freely and drive growth in the digital economy now it has left the European Union's orbit, Digital Secretary Oliver Dowden said. The EU's General Data Protection Regulation (GDPR), which came into force in...

11 March

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UK’s M&S seeks to turbocharge online sales with guest clothes brands By Reuters

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By James Davey LONDON (Reuters) - Britain's Marks & Spencer said on Thursday it would launch a wave of guest clothing brands on its website this spring, including Hobbs, White Stuff, Joules and Sloggi, in bid to accelerate online growth. The UK's clothing sector has been hammered by COVID-19 lockdowns, forcing retailers to rely on online channels. M&S Chief Executive Steve Rowe...

11 March

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ECB to signal faster money printing to combat yield rise By Reuters

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By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - The European Central Bank is likely to signal faster money printing on Thursday to keep a lid on borrowing costs but it will stop short of adding firepower to its already aggressive pandemic-fighting package. Concerned that a steady rise in borrowing costs could derail the bloc's recovery from a pandemic-fuelled recession, ECB policymakers...

11 March

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Oracle quarterly revenue brushes past estimates on strong cloud demand By Reuters

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(Reuters) - Business software maker Oracle Corp (NYSE:ORCL) reported a quarterly revenue on Wednesday that edged past analysts' estimates, helped by strong demand for its cloud computing and licensing services due to remote working. The company, which counts Zoom Video Communications (NASDAQ:ZM) Inc and fast-food...

11 March

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UK government to invest 95 million pounds in new offshore wind facilities By Reuters

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LONDON (Reuters) - Britain will invest 95 million pounds ($132 million) in the construction of two new facilities to service a big expansion in offshore wind farms, creating around 6,000 jobs in the north of England, the government said on Wednesday. Able Marine Energy Park, in the Humber region, will receive up to 75 million pounds, and Teesworks Offshore Manufacturing Centre on...

11 March

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Exclusive: Boeing close to deal with Southwest for 737 MAX order – sources By Reuters

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By Eric M. Johnson SEATTLE (Reuters) - Boeing (NYSE:BA) Co is close to a deal to sell dozens of its 737 MAX 7 jets to Southwest Airlines (NYSE:LUV) Co, people familiar with the matter said on Wednesday. The proposed deal, which one of the sources said could potentially involve 130 firm orders plus roughly 170 options, follows intense competition between the smallest...

11 March

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Biden administration extends U.S. tariff exclusion on Chinese medical goods By Reuters

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WASHINGTON (Reuters) - The Biden administration is extending tariff exclusions on about 99 categories of medical products from China until Sept. 30, 2021 to aid the fight against COVID-19, the U.S. Trade Representative's office said in a Federal Register notice https://www.federalregister.gov/documents/2021/03/10/2021-04946/notice-of-product-exclusion-extensions-chinas-acts-policies-and-practices-related-to-technology on Wednesday. The list of exclusions covers items from masks and gloves to blood pressure cuff sleeves and X-ray tables....

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News

Cut tax on electric cars and low-carbon building refits: UK employers By Reuters

Three quarters of UK manufacturers hit by Brexit delays – survey By Reuters

Dow Closes at Record as Value Stocks Continue Bullish Stampede By Investing.com

UK aims to diverge from EU data rules to drive growth, minister says By Reuters

UK’s M&S seeks to turbocharge online sales with guest clothes brands By Reuters

ECB to signal faster money printing to combat yield rise By Reuters

Oracle quarterly revenue brushes past estimates on strong cloud demand By Reuters

UK government to invest 95 million pounds in new offshore wind facilities By Reuters

Exclusive: Boeing close to deal with Southwest for 737 MAX order – sources By Reuters

Biden administration extends U.S. tariff exclusion on Chinese medical goods By Reuters

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