18 January

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IMF chief sees ‘high degree of uncertainty’ in global outlook By Reuters

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By Andrea Shalal WASHINGTON (Reuters) - The head of the International Monetary Fund said on Monday the global economic outlook remained highly uncertain given the coronavirus pandemic, and a growing divergence between rich and poor countries required the IMF to find more resources. IMF Managing Director Kristalina Georgieva told reporters a new allocation of the IMF's own currency, Special Drawing Rights, would...

18 January

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Too hard to set school reopening date yet, says English medical official By Reuters

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LONDON (Reuters) - It is too hard to set a date yet for when schools can reopen after shutting to most students earlier this month as part of lockdown measures, a senior medical official in England said on Monday. "We've always said schools should be the last to close and first to open but I think giving a more defined...

18 January

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.20% By Investing.com

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Investing.com – U.K. equities were lower at the close on Monday, as losses in the Fixed Line Telecommunications, Aerospace & Defense and Oil & Gas Producers sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 lost 0.20%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Ocado Group PLC (LON:OCDO),...

18 January

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France to ensure there will be no layoffs at Sanofi – minister By Reuters

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PARIS (Reuters) - French Finance Minister Bruno Le Maire told RTL radio on Monday the government would ensure there will be no layoffs nor plants closures at French pharma giant Sanofi (PA:SASY), which said in June it would axe up to 1,680 jobs in Europe. ...

18 January

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France remains open to foreign investment: Le Maire By Reuters

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PARIS (Reuters) - France remains open to foreign investment after Canada's Alimentation Couche-Tard's possible takeover of France's Carrefour (PA:CARR) unravelled after running into opposition from the government, French Finance Minister Bruno Le Maire said on Monday. "Our economic policy remains open to foreign investments...

18 January

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Thyssenkrupp shares up on steel spin-off speculation By Reuters

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FRANKFURT (Reuters) - Shares in Thyssenkrupp (DE:TKAG) rose on Monday as traders pointed to speculation that the group was considering a spin-off of its steel unit. Thyssenkrupp confirmed that it was examining a sale of the business as well as how it could develop the division on a standalone basis, declining to comment further....

18 January

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UK’s Johnson criticised over lack of COVID welfare commitment By Reuters

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LONDON (Reuters) - British Prime Minister Boris Johnson faces widespread criticism on Monday over his refusal to commit to renewing a temporary benefit increase brought in last year to help those on low incomes through the COVID-19 pandemic. Johnson has ordered his lawmakers to abstain on a symbolic vote in parliament later on Monday, putting a new focus on the government's willingness...

18 January

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European Stocks Lower; Carrefour Slumps as Takeover Pulled By Investing.com

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By Peter Nurse Investing.com - European stock markets edged lower Monday, starting the week on a downbeat note given Covid-related concerns, and not reassured by healthy-looking Chinese economic growth. At 3:30 AM ET (0830 GMT), the DAX in Germany traded 0.2% lower, the CAC 40 in France fell 0.3% and the U.K.'s FTSE index dropped 0.1%. China reported Monday that its economy grew...

18 January

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UK PM, finance minister to meet business leaders on COVID recovery By Reuters

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LONDON (Reuters) - Prime Minister Boris Johnson and finance minister Rishi Sunak will ask 30 business leaders on Monday for their thoughts on economic policy, part of efforts to explore ways of boosting growth in Britain outside the European Union. After completing Britain's journey out of the EU on Dec. 31, Johnson, a figurehead of the Brexit campaign, is talking to businesses...

18 January

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EU needs ‘masterplan’ to grab euro finance from London By Reuters

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By Huw Jones LONDON (Reuters) - The European Union needs a "masterplan" to move euro financial services from London to the bloc if it wants to expand the single currency's role in a global economy dominated by the U.S. dollar, a senior EU lawmaker said on Monday. Markus Ferber, a senior member of the European Parliament, said if the EU wants to...

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News

IMF chief sees ‘high degree of uncertainty’ in global outlook By Reuters

Too hard to set school reopening date yet, says English medical official By Reuters

U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.20% By Investing.com

France to ensure there will be no layoffs at Sanofi – minister By Reuters

France remains open to foreign investment: Le Maire By Reuters

Thyssenkrupp shares up on steel spin-off speculation By Reuters

UK’s Johnson criticised over lack of COVID welfare commitment By Reuters

European Stocks Lower; Carrefour Slumps as Takeover Pulled By Investing.com

UK PM, finance minister to meet business leaders on COVID recovery By Reuters

EU needs ‘masterplan’ to grab euro finance from London By Reuters

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