By Tom Bergin LONDON (Reuters) - A golf course built by U.S. President Donald Trump in Scotland reported continued losses in 2019, accounts filed with the UK companies register and published on Thursday showed. Trump International Golf Club Scotland Ltd (TIGCS), which owns and operates the Trump International Scotland course, its clubhouse and...
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By Saqib Iqbal Ahmed NEW YORK (Reuters) - U.S. stocks are closing 2020 on a strong note, and many investors are betting the party will continue after a tumultuous year that marked both the end of the longest bull market and the shortest-lived bear market ever. Risks abound, including a resurgent coronavirus pandemic, concerns about the speed of rollout of vaccines and...
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(Reuters) - London stocks fell in thin trade on Thursday as the United Kingdom widened restrictions to stem a new variant of the coronavirus that is raging across the country, and as it exits the European Union's orbit for an uncertain Brexit future. The blue-chip FTSE 100 lost 1.6%, on course to end the year down more than 14% and underperforming its...
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Dec 31 (Reuters) - Britain's FTSE 100 futures index FFIc1 was down 0.68% on Thursday. ALDI: Britain's fifth-biggest supermarket Aldi on Wednesday said it plans to increase the amount of food and drink it buys from British suppliers by 3.5 billion pounds ($4.77 billion) within the next five years as the company continues its rapid expansion across the United Kingdom. COVID-19: The EU...
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(Reuters) - British transport operator FirstGroup Plc said on Thursday it had sold three properties related to its Greyhound bus service for $137 million as it looks to cut costs from the struggling U.S. intercity business. The company sold a garage and customer terminal facility in Los Angeles, California, and two other facilities in Denver, Colorado, FirstGroup said, adding that it had...
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By Julie Zhu HONG KONG (Reuters) - Chinese regulators are reviewing equity investments held by Ant Group Co Ltd in dozens of companies, three people with knowledge of the matter said, intensifying a crackdown on billionaire Jack Ma's financial technology empire. Regulators are considering whether to instruct Ant to divest some of its investments, mainly in technology and fintech start-ups, if they...
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By Naveen Thukral and Gavin Maguire SINGAPORE (Reuters) - Global commodity markets are poised to end 2020 on a strong note, with recovering demand and widespread stimulus packages buoying prices after a roller coaster ride caused by the global coronavirus pandemic. Roll-outs of vaccines to combat the virus and trillions of dollars' worth of fiscal support are expected to boost investment and...
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(Bloomberg) -- Prime Minister Boris Johnson’s post-Brexit trade deal won approval from the U.K. Parliament barely 24 hours before the country’s final split from the European Union. The House of Lords gave the green light to the agreement late Wednesday, just a day before the U.K. leaves the EU single market when the Brexit...
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NEW YORK (Reuters) - Asian shares are set to end a tumultuous 2020 by hovering near record highs on Thursday while riskier currencies cruised near 2-1/2-year peaks, buoyed by hopes that COVID-19 vaccine rollouts will help the world beat the pandemic. The upbeat mood, reflected in overnight gains on Wall Street, drubbed the "safe-haven" dollar and drove currencies such as the euro,...
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BERLIN (Reuters) - Bundesbank President Jens Weidmann warned euro zone governments forced to increase public debt to support their economies during the coronavirus pandemic not to expect the European Central Bank to keep interest rates low forever. "We will not take into consideration sovereign debt servicing costs if price stability mandates higher interest rates," Weidmann, a member of the ECB's Governing Council,...
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