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BA invests in sustainable aviation fuel as emissions pressure rises By Reuters

LONDON (Reuters) - British Airways has invested in a sustainable aviation fuel company, finding resources to back its decarbonisation plans despite the coronavirus pandemic, as pressure grows on airlines to cut emissions when travel restarts in earnest. British Airways, owned by IAG (LON:ICAG), said on Tuesday it would invest in LanzaJet, a company that is building a plant to produce sustainable...

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FTSE 100 slightly lower, Bitcoin the asset in focus By Investing.com

By Samuel Indyk Investing.com – The FTSE 100 trades in the red heading towards the North American crossover with little in the way of fresh catalysts to drive near term market direction. The same can be said for other European bourses with most major bourses trading marginally lower. The current situation is dominated by vaccine rollout, ongoing hopes for US fiscal stimulus, the...

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JP Morgan’s board rejects switch to stakeholder-focused entity By Reuters

By Ross Kerber BOSTON (Reuters) - JPMorgan Chase & Co (NYSE:JPM) CEO Jamie Dimon has led calls for companies to consider the needs of workers, communities and customers as well as those of shareholders. But now it is clear: investors come first. That is how activist investor John Harrington interprets a recent decision by JPMorgan's board - chaired by Dimon - not...

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Willis Towers Watson Earnings, Revenue beat in Q4 By Investing.com

Willis Towers Watson (NASDAQ:WLTW) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations. Willis Towers Watson announced earnings per share of $5.23 on revenue of $2.76B. Analysts polled by Investing.com anticipated EPS of $5.03 on revenue of $2.7B. Willis Towers Watson shares are up 43.38% from the beginning of the year and are...

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Food retail landscape is changing for good, says Britain’s Ocado By Reuters

By James Davey LONDON (Reuters) - British online grocer and technology group Ocado (LON:OCDO) said the landscape for food retailing was changing for good as it reported a 69% jump in annual core earnings that were boosted by the COVID-19 pandemic generating huge demand for home delivery. The increase reflected revenue growth of 35% at Ocado Retail, a joint venture between Ocado...

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Sterling hits highest vs. dollar since April 2018 By Reuters

By Ritvik Carvalho LONDON (Reuters) - Sterling hit its highest level against the dollar since April 2018 and traded just below eight-month highs against the euro on Tuesday, with analysts citing Britain's lead in COVID-19 vaccinations as a positive for the currency. The pound hit $1.3788 against the dollar in early London deals, its highest level against the greenback since Apr. 30,...

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European shares dip after strong rally, Total rises By Reuters

By Shreyashi Sanyal (Reuters) - European shares dipped on Tuesday as a recent rally powered by hopes of a swifter global economic recovery and vaccine roll-outs showed signs of cooling, while shares in French oil major Total rose after its earnings recovered in the fourth quarter. Total SE rose 1.9% after the company said its earnings recovered in the fourth quarter as...

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FTSE 100 flat as gains in energy, mining stocks offset stronger pound By Reuters

By Shashank Nayar and Amal S (Reuters) - London's export-heavy FTSE 100 index traded flat on Tuesday as gains in mining and energy stocks countered a stronger pound, while data showed that a nationwide lockdown hurt consumer spending in January. The blue-chip FTSE 100 was unchanged, with energy and mining stocks being the top performers. The mid-cap FTSE 250 index rose 0.1%....

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