12 February

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G7 finmins discussed support to economies, digital tax, money for IMF – EU By Reuters

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BRUSSELS (Reuters) - Financial leaders from the Group of Seven (G7) rich nations discussed on Friday continued support to economies, a minimum level of tax on digital giants and more money for the International Monetary Fund, a senior EU official said. "Very interesting discussion among Finance Ministers and Central Banks. Keep support to economies, work to agree on digital and minimal taxation...

12 February

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Wall Street Opens Mostly Lower; Bumble Adds to Debut Gains; Dow Down 15 Pts By Investing.com

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By Geoffrey Smith Investing.com -- U.S. stock markets opened mostly lower on Friday, but were still on track for their highest ever weekly close against a backdrop of an improving public health picture and a $1.9 trillion stimulus package grinding its way through Congress without much dilution. Stocks are also being supported by a broadly supportive earnings season. According to Refinitiv data, earnings...

12 February

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Spotify to allow employees to work from anywhere By Reuters

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(Reuters) - Spotify Technology SA will allow its employees to work from anywhere, the Swedish music streaming company said in a blog post https://newsroom.spotify.com/2021-02-12/distributed-first-is-the-future-of-work-at-spotify on Friday, further upending the future of modern working life. With work shifting to cloud-based systems and people tuning into meetings online, offices have adapted a remote working lifestyle as vaccine inoculations could still take the better half...

12 February

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UK economy shrinks 9.9% in 2020, what happens in 2021? By Investing.com

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By Samuel Indyk Investing.com – UK GDP fell almost 10% in 2020 as the coronavirus pandemic forced the government into putting the country into numerous lockdowns and place other restrictions on numerous parts of our day to day lives. In the fourth quarter, GDP grew by 1%, eking out a slight gain, which should see the UK avoid a double dip recession. However,...

12 February

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UK R number falls to 0.7-0.9, pandemic continues to shrink By Reuters

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LONDON (Reuters) - The estimated COVID-19 reproduction "R" number for Britain is now between 0.7 and 0.9, and the pandemic is shrinking, the health ministry said on Friday. That represents a slight fall from last week's estimate from 0.7 and 1.0. "These estimates mean we are confident the epidemic is shrinking across all NHS England regions. However, prevalence of the virus...

12 February

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Which countries would benefit most from an IMF SDR increase By Reuters

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By Marc Jones LONDON (Reuters) - Group of Seven finance ministers are expected on Friday to back a new allocation of the International Monetary Fund's own currency, or Special Drawing Rights, to help low-income countries hit by the coronavirus pandemic. We explain what SDRs are, how they are used and which countries could benefit the most. WHAT ARE SPECIAL DRAWING RIGHTS? ...

12 February

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UK Supreme Court to rule on worker rights case at Uber on Feb. 19 By Reuters

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By Costas Pitas LONDON (Reuters) - Britain's Supreme Court will announce a decision on Feb. 19 in a case regarding workers' rights at taxi app Uber (NYSE:UBER) that could have ramifications for millions of others earning a living in the gig economy. In a case led by two drivers, a London employment tribunal ruled in 2016 that they were entitled to workers'...

12 February

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Analysis: Pawz and UFOs – Thematic ETFs boom, drawing punters and concern By Reuters

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By Saikat Chatterjee and Thyagaraju Adinarayan LONDON (Reuters) - From cat food to cannabis, it's boom time for quirky ETFs offering the chance to punt on niche themes in fast-growth sectors, but their huge gains are unnerving some who see them as another price-inflated asset that may threaten market stability. While Reddit "gamestonks" have grabbed recent headlines, retail investors are also credited...

12 February

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Vodafone Germany suspends China TV from cable By Reuters

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BERLIN (Reuters) - Vodafone (LON:VOD) Germany has had to stop distributing China's state-owned CGTN television on its cable services as a result of a media row between Britain and China. The unit of British telecoms group Vodafone said on Friday it hoped to restore CGTN to its services, but that it currently did not have a valid licence to...

12 February

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Minimum Wage, U.K. GDP, Disney Delight and Bumble IPO – What’s up in Markets By Investing.com

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By Geoffrey Smith Investing.com -- Disney earnings blow past expectations and dating site Bumble soars on its debut. The Democrats push ahead with their $15 minimum wage proposal, while the British economy shrinks the most in 300 years. Oil is finally responding to some OPEC caution on the demand outlook. Here's what you need to know in financial markets...

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G7 finmins discussed support to economies, digital tax, money for IMF – EU By Reuters

Wall Street Opens Mostly Lower; Bumble Adds to Debut Gains; Dow Down 15 Pts By Investing.com

Spotify to allow employees to work from anywhere By Reuters

UK economy shrinks 9.9% in 2020, what happens in 2021? By Investing.com

UK R number falls to 0.7-0.9, pandemic continues to shrink By Reuters

Which countries would benefit most from an IMF SDR increase By Reuters

UK Supreme Court to rule on worker rights case at Uber on Feb. 19 By Reuters

Analysis: Pawz and UFOs – Thematic ETFs boom, drawing punters and concern By Reuters

Vodafone Germany suspends China TV from cable By Reuters

Minimum Wage, U.K. GDP, Disney Delight and Bumble IPO – What’s up in Markets By Investing.com

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