LONDON (Reuters) - The number of people heading out to shops across Britain climbed 11% last week from a week earlier, in a sixth week of gains despite a national lockdown, market researcher Springboard said on Monday. Shopper numbers, or footfall, in the week to Feb. 27 climbed 15.9% in high streets, 6%...
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By Joice Alves LONDON (Reuters) - Sterling edged higher against both the euro and the dollar on Monday as a swift coronavirus vaccine roll-out supported the pound and fuelled hopes of economic recovery. After retreating from a three-year high on Friday to fall below $1.39 amid a rout in global bond markets and concerns of inflation risks, sterling rose as high as...
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LONDON (Reuters) - British supermarket chain Morrisons extended a deal with convenience store operator McColl's to rename 300 McColl's outlets as Morrisons Daily shops, increasing the brand's presence in the neighbourhood market. Morrisons already acts as a wholesale supplier to 1,200 McColl's shops under a deal dating back to 2017. The pair said on Monday that under an extended agreement, Morrisons...
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Investing.com – India equities were higher at the close on Monday, as gains in the Public Sector Undertakings, Auto and Metals sectors propelled shares higher. At the close in NSE, the Nifty 50 gained 1.60%, while the BSE Sensex 30 index climbed 1.53%. The biggest gainers of the session on the Nifty 50 were Power Grid Corporation of India Ltd (NS:PGRD),...
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By Samuel Indyk Investing.com – UK homebuilders surged to the top of the FTSE 100 on Monday after reports that the UK Chancellor Rishi Sunak will announce further measures to support the housing market in Wednesday’s budget. It had already been leaked that Sunak would likely extend the stamp duty holiday until the middle of the year ahead of its scheduled expiry at...
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By Balazs Koranyi, Howard Schneider and Leika Kihara FRANKFURT (Reuters) - The world's biggest central banks will happily live with higher inflation and investors now aggressively betting on a quicker end to monetary stimulus are all but certain to be proved wrong. After a decade of underestimating inflation, central bankers in the...
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By Joice Alves LONDON (Reuters) - Sterling edged higher against both the euro and the dollar on Monday as a swift coronavirus vaccine roll out supported the pound and fuelled hopes of economic recovery. After retreating from a three-year high on Friday to fall below $1.39 amid a rout in global bond markets and concerns of inflation risks, sterling rose as high...
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DUBLIN (Reuters) - Bank of Ireland limited its underlying 2020 loss to 374 million euros ($452 million) after a return to profitability in the second half, the bank said on Monday. Ireland's largest bank by assets also announced the closure of one-third of its branches in Ireland. The bank set aside 1.1 billion euros to cover possible loan defaults due to COVID-19...
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By Peter Nurse Investing.com - European stock markets surged Monday, boosted by healthy manufacturing data in the region, a semblance of calm in global bond markets and more positive news of Covid-19 vaccines. At 5:05 AM ET (1005 GMT), the DAX in Germany traded 1.1% higher, the CAC 40 in France rose 1.5% and the U.K.'s FTSE index climbed 1.7%. European PMI data...
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By Huw Jones LONDON (Reuters) - Banks in the European Union would have to publish a groundbreaking "green asset ratio" (GAR) as a core measure of their climate-friendly business activities from next year, the EU's banking watchdog proposed on Monday. As the trend in sustainable investing gathers pace, regulators want investors to get...
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