12 January

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ECB to Disregard Any Temporary Inflation Rises, Schnabel Says By Bloomberg

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(Bloomberg) -- The European Central Bank will disregard any temporary pickup in inflation this year caused by pent-up demand, according to Executive Board Member Isabel Schnabel. The eventual easing of restrictions aimed to stop the spread of Covid-19 could lead prices for things like trips or restaurant meals to “develop a certain dynamic,” the policy maker said in an interview with Austrian newspaper...

12 January

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Facebook, GM among brands to help fund Ad Council vaccine campaign By Reuters

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By Sheila Dang (Reuters) - The Ad Council on Tuesday said it has raised $37 million from corporate donors including Bank of America (NYSE:BAC), Facebook (NASDAQ:FB) and General Motors (NYSE:GM) to fund a nationwide coronavirus vaccine campaign aimed at encouraging Americans to get vaccinated. The nonprofit, known for creating the famous Smokey the...

12 January

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UK interior minister says lockdown rules are tough enough By Reuters

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LONDON (Reuters) - The British government's rules to prevent the spread of coronavirus are currently tough enough, but constantly under review, interior minister Priti Patel said on Tuesday. "The rules are tough enough," she told a news conference, citing the issuing of 45,000 fines for breaking the rules as evidence. She later said that the regulations were under constant review. ...

12 January

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Trump says Big Tech is dividing the country, after his supporters attack Congress By Reuters

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By Nandita Bose and Steve Holland WASHINGTON (Reuters) - President Donald Trump blamed Big Tech companies on Tuesday for dividing the country days after Twitter and Facebook (NASDAQ:FB) banned him on their platforms for encouraging the attack on the U.S. Capitol building "I think that Big Tech is doing a horrible thing for our country and to our country, and I believe...

12 January

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Boeing limps into 2021 with more 737 MAX cancellations, delayed 787 deliveries By Reuters

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By Eric M. Johnson SEATTLE (Reuters) - Boeing (NYSE:BA) Co delivered about 60% fewer aircraft to customers in 2020 than 2019 and less than one-third the deliveries of rival Airbus, the lowest in 43 years, company data showed on Tuesday. Tuesday's snapshot of orders and deliveries caps a year in which the coronavirus pandemic and the tail-end of a 20-month 737...

12 January

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Luxury fashion platform Mytheresa aims to go public at $1.58 billion valuation By Reuters

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(Reuters) - Mytheresa said on Tuesday it aims to raise as much as $282 million in its U.S. initial public offering, valuing the German luxury fashion e-commerce site at $1.58 billion. Mytheresa said it plans to sell about 15.6 million American depositary shares (ADS) priced at between $16 and $18 apiece. Munich-based Mytheresa is a digital platform that sells products from luxury...

12 January

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U.S. Set to Evade Jobless Recovery Curse If Vaccines Work By Bloomberg

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(Bloomberg) -- It’s a bold forecast that some say borders on fantasy: Wall Street banks and Federal Reserve officials see powerful employment gains over the next three years that evade the curse of past recessions.If they’re right, millions of Americans will leap back into the workforce as soon as vaccines against the coronavirus roll out. If they are wrong, the U.S. enters another...

12 January

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‘We’ve lost 30 years’: Brexit shatters supply chains for French fish hub By Reuters

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By Richard Lough BOULOGNE-SUR-MER, France (Reuters) - French fishmongers and seafood factories are suspending orders from Britain and battling to salvage just-in-time supply chains, after they were upended by post-Brexit red tape that impedes next-day delivery of salmon and lobster from Britain to Europe. Importers in Boulogne-sur-Mer told Reuters that deliveries were sometimes...

12 January

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U.S. Job Openings Declined by Less Than Forecast in November By Bloomberg

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(Bloomberg) -- U.S. job openings fell in November by less than forecast, indicating labor demand remained relatively steady before the resurgent virus began to weigh on employment. The number of available positions eased to 6.53 million from a revised 6.63 million in October, according to the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, released Tuesday. The median projection in a...

12 January

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Google launches $3 million fund to fight vaccine misinformation By Reuters

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(Reuters) - The Google News Initiative on Tuesday launched a global open fund to fight misinformation about COVID-19 vaccines, worth up to $3 million. The "COVID-19 Vaccine Counter Misinformation Open Fund" aims to support journalistic efforts to effectively fact-check misinformation about the COVID-19 immunisation process, the initiative belonging to Alphabet (NASDAQ:GOOGL)'s Google said in a blog post. "While the COVID-19 infodemic has...

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News

ECB to Disregard Any Temporary Inflation Rises, Schnabel Says By Bloomberg

Facebook, GM among brands to help fund Ad Council vaccine campaign By Reuters

UK interior minister says lockdown rules are tough enough By Reuters

Trump says Big Tech is dividing the country, after his supporters attack Congress By Reuters

Boeing limps into 2021 with more 737 MAX cancellations, delayed 787 deliveries By Reuters

Luxury fashion platform Mytheresa aims to go public at $1.58 billion valuation By Reuters

U.S. Set to Evade Jobless Recovery Curse If Vaccines Work By Bloomberg

‘We’ve lost 30 years’: Brexit shatters supply chains for French fish hub By Reuters

U.S. Job Openings Declined by Less Than Forecast in November By Bloomberg

Google launches $3 million fund to fight vaccine misinformation By Reuters

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