22 February

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HSBC reshuffles top jobs ahead of strategy update By Reuters

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LONDON (Reuters) - HSBC on Monday reshuffled several of its top regional executive roles, as it prepares to announce full year results and an updated strategy the next day. The bank appointed Nuno Matos as chief executive of its wealth and personal banking business, while chief compliance officer Colin Bell became head of HSBC's European business. Michael Roberts was appointed CEO for...

22 February

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Xiaomi shares fall as company denies electric vehicle rumours By Investing.com

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By Samuel Indyk Investing.com – Shares in consumer electronics company Xiaomi Corp (HK:1810) fell on Monday in Hong Kong after the company denied rumours they were close to entering the electric vehicle market. “The Group noticed certain media articles regarding the Group’s potential plans to enter into the electric vehicle manufacturing business,” Xiaomi said in a statement to the Hing Kong...

22 February

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English schools will reopen March 8, outdoor sport starts again on March 29 – Zahawi By Reuters

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LONDON (Reuters) - Schools in England will re-open on March 8, while two families or six people will be able to meet outside from March 29 as the country's COVID-19 restrictions are eased, vaccines minister Nadhim Zahawi said on Monday. "The view is very much that this is about a gradual reopening of the whole of England, not regional," he told LBC...

22 February

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Sterling steadies around $1.40, long positions at one-year high By Reuters

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LONDON (Reuters) - The pound hit a new three-year high of $1.4050 in early London trading on Monday, before stabilising around the $1.40 level, as bullish investors bet on the UK's vaccination rollout bringing about an economic recovery. Sterling rose to its highest levels since April 2018 when it crossed $1.40 on Friday, having risen 2.4% so far in 2021. Analysts attributed...

22 February

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FTSE 100 falls as inflation concerns weigh By Reuters

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(Reuters) - London's FTSE 100 fell on Monday as higher commodity prices sparked fears of a spike in inflation, while investors awaited Prime Minister Boris Johnson's plan for a phased easing of business restrictions. The blue-chip FTSE 100 fell 0.6%, led by declines in consumer staples and industrials stocks. Oil heavyweights BP (LON:BP) and Royal Dutch Shell (LON:RDSa) dipped...

22 February

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Argo Blockchain signs collaboration agreement with ePIC Blockchain Technologies By Investing.com

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By Samuel Indyk Investing.com – Argo Blockchain PLC (LON:ARB), the UK-listed cryptocurrency miner, announced on Monday it has signed a commercial agreement with ePIC Blockchain Technologies which will allow Argo priority access to state-of-the-art mining rigs. The companies said they will work together throughout the development process to build machines specifically to Argo’s specifications. As part of the deal, Argo has...

22 February

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Canada’s GardaWorld to not raise bid for security firm G4S further By Reuters

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(Reuters) - Canada-based GardaWorld said on Monday it would not raise its offer for Britain's G4S (CSE:G4S) Plc further, appearing to leave the way clear for the higher bid lodged by rival Allied Universal to succeed after regulators ordered an auction to conclude the battle over the company. Allied has already bid 245 pence per share for G4S, whereas...

22 February

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Japan shares higher at close of trade; Nikkei 225 up 0.46% By Investing.com

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Investing.com – Japan equities were higher at the close on Monday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 gained 0.46%. The biggest gainers of the session on the Nikkei 225 were Yokohama Rubber Co Ltd (T:5101), which rose 8.94% or 161.0 points to...

22 February

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British Airways-owner IAG boosts liquidity by 2.45 billion pounds By Reuters

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LONDON (Reuters) - British Airways-owner IAG (LON:ICAG) said it raised total liquidity by 2.45 billion pounds ($3.4 billion), reaching final agreement for a 2 billion pound loan, and through a deal to defer 450 million pounds of pension deficit contributions. IAG said in a statement on Monday that it continued to explore other debt initiatives to further improve its liquidity. ...

22 February

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RBA Defends Yield Target In Tussle With Traders Over Reflation By Bloomberg

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(Bloomberg) -- Australia’s central bank resumed purchases of three-year bonds on Monday-- ending a two-month hiatus -- as it seeks to defend its yield target from a selloff in global debt markets. The yield on benchmark three-year securities retreated from the highest level since early December after the Reserve Bank of Australia announced A$1 billion ($790 million) of purchases. Yet it still remained...

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News

HSBC reshuffles top jobs ahead of strategy update By Reuters

Xiaomi shares fall as company denies electric vehicle rumours By Investing.com

English schools will reopen March 8, outdoor sport starts again on March 29 – Zahawi By Reuters

Sterling steadies around $1.40, long positions at one-year high By Reuters

FTSE 100 falls as inflation concerns weigh By Reuters

Argo Blockchain signs collaboration agreement with ePIC Blockchain Technologies By Investing.com

Canada’s GardaWorld to not raise bid for security firm G4S further By Reuters

Japan shares higher at close of trade; Nikkei 225 up 0.46% By Investing.com

British Airways-owner IAG boosts liquidity by 2.45 billion pounds By Reuters

RBA Defends Yield Target In Tussle With Traders Over Reflation By Bloomberg

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