By Huw Jones LONDON (Reuters) - Britain's markets watchdog, when it was run by Andrew Bailey, now head of the Bank of England, failed to supervise London Capital & Finance properly before the fund collapsed last year, an independent report said on Thursday. The demise of LCF left 11,600 investors in mini-bonds facing...
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By Ben Makori LONDON (Reuters) - Thousands of London commuters have ditched the city's underground trains and buses during the COVID-19 pandemic for a more personal form of electric transportation: an e-scooter. Costing from 300 pounds ($400) and with a typical top speed of around 25 kilometres an hour (15 mph), e-scooters have...
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By Geoffrey Smith Investing.com -- U.S. stock markets opened higher on Thursday, focusing on the prospect of a stimulus package from Congress rather than on signs of a further slowdown in the U.S. economy. The S&P 500 and Nasdaq Composite both hit new record highs against a backdrop of reports suggesting that Congress would pass a package including direct checks to household and a...
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DUBLIN (Reuters) - Ireland's data regulator defended its provisional order to halt Facebook (NASDAQ:FB) user data transfers to the United States from the European Union, telling the Irish High Court on Thursday such decisions were not typically subject to court oversight. Ireland's Data Protection Commission, the EU's lead regulator for Facebook, issued...
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(Reuters) - Britain has appointed the Intercontinental Exchange (ICE (NYSE:ICE)) to host emissions auctions once the UK's trading scheme begins next month, the exchange operator said on Thursday. On Monday, the British government announced its plans for a domestic emissions trading scheme (UK ETS) to replace its participation in the European scheme from Jan. 1, after the country formally leaves the European...
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LONDON (Reuters) - England's COVID-19 test and trace system reached a record 92.7% of contacts of positive cases, the latest weekly statistics showed, helped by increases in the numbers of calls and callers as well as a recent change in how children are traced. The proportion of contacts reached was up from 85.9% the previous week. Figures have been well up...
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LONDON (Reuters) - A wider area of east and southeast England will be placed under the most stringent restrictions to tackle the rising number of COVID-19 infections from this weekend, British health minister Matt Hancock said on Thursday. Britain, like other countries, is struggling to tame a second wave of novel coronavirus cases...
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BRUSSELS (Reuters) - Two European Union diplomats and an official with the bloc said on Thursday they did not expect a new trade deal with Britain to come together by Friday, saying negotiators were still apart on the sensitive issue of fisheries. A source with the European Parliament told Reuters separately that the bloc's Brexit negotiator, Michel Barnier, told lawmakers earlier...
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By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Thursday, December 17th. Please refresh for updates. Alphabet (NASDAQ:GOOGL) stock rose 0.3% despite ten U.S. states bringing a lawsuit against Google, accusing the search giant of “anti-competitive conduct" in the online advertising industry. Moderna (NASDAQ:MRNA) stock rose 1.1% ahead of a...
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(Bloomberg) -- The stocks that appeal to investors looking for a steady stream of income are back in favor and may continue to beat bonds in a world of historically low rates, according to BlackRock Inc (NYSE:BLK). After several companies cut or suspended their dividends earlier in the year and “arguably scared investors away,” expectations for payments have stabilized, said Tony DeSpirito, chief...
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