10 December

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Honda hopes to resume UK car output on Monday after parts shortage

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By Costas Pitas LONDON (Reuters) - Japanese carmaker Honda hopes to restart production at its British factory on Monday after halting output because of transport-related delays that caused a shortage of parts. Britain's major container ports, such as Felixstowe, have been hit by the COVID-19 pandemic, which has disrupted global trade, leaving containers...

10 December

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Court rejects bid to stop Tesla felling trees for German plant

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FRANKFURT (Reuters) - A German court has rejected a bid by environmentalists to halt tree cutting at Tesla's proposed manufacturing site near Berlin, paving the way for the electric carmaker to proceed with plans to finalise construction of its Gigafactory. Earlier this week, environmentalists went to court in the eastern city of Frankfurt an der Oder in an attempt to stop Tesla...

10 December

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EU banks face 9.4 billion euro shortfall to meet capital rules

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By Huw Jones LONDON (Reuters) - Major banks in the European Union will have to collectively find 9.4 billion euros ($11.4 billion) by 2028 to plug a capital shortfall that will emerge under pending rules, the bloc's banking watchdog said on Thursday. Countries across the world are rolling out the final elements of Basel III, a tougher set of bank capital rules...

10 December

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Britons may need visas to stay in EU more than 3 months -French minister

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PARIS (Reuters) - British citizens may need visas for stays in the European Union longer than three months after Brexit from Jan. 1, French European Affairs junior minister Clement Beaune said on Thursday. Beaune said the matter was still being negotiated. "For stays of more than three months, there may be visa applications, professional or other, and this is a point that...

10 December

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Deutsche Bank secures China fund custody licence

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SHANGHAI (Reuters) - Deutsche Bank (DE:DBKGn)'s China business has received a domestic fund custody licence from the China Securities Regulatory Commission, the bank said on Thursday, showing how international financial services companies are keen to enter the country's fast-growing fund market. The licence, subject to what Deutsche Bank said was an "administrative process", will allow the bank to hold securities...

10 December

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UK tells EU: back down by Sunday night or we’ll walk

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By Alistair Smout and Paul Sandle LONDON (Reuters) - Britain told the European Union on Thursday it should make significant concessions to break the impasse in Brexit trade talks by the end of the weekend to give some clarity about the finale to the five-year-old Brexit crisis. Prime Minister Boris Johnson and the...

10 December

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Half of Spanish firms saw revenues drop in fourth quarter, survey shows

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MADRID (Reuters) - Almost half of Spanish companies saw revenues decline in the fourth quarter from the previous one as a result of the COVID-19 pandemic, a survey by the Bank of Spain showed on Thursday. The survey showed 48.5% of the companies polled reporting a fall in revenues in the fourth quarter, with half of those saying the decline was of...

10 December

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Daily Briefing: Stock market rally hits pause

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By Danilo Masoni Knife-edge Brexit talks dragging on (new deadline: Sunday) and deadlocked U.S. discussions over a coronavirus aid package are no good premise for stock market bulls. European and U.S. equity futures are in the red, following pullbacks in Asia. Some of that is also down to the hit U.S. tech suffered on Wednesday, when Facebook (NASDAQ:FB) was hit by lawsuits...

10 December

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Comic: The Time for Brexit Games is Almost Over

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By Geoffrey Smith Investing.com -- The moment of truth is finally approaching. Four and a half years after Britons narrowly voted to leave the EU, and a year after they resoundingly confirmed that decision at a general election, they will soon be able to live the reality, as their privileged access to the EU’s single market and all its mutual benefits and obligations...

10 December

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Google, adtech firms targets of fresh EU privacy complaints

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By Foo Yun Chee BRUSSELS (Reuters) - Alphabet (NASDAQ:GOOGL) unit Google and digital advertising firms are the targets of fresh privacy complaints filed in six EU countries on Thursday over the way they sell ads to potential advertisers through a bidding process. Since 2018, complaints have been filed in 15 EU countries over real-time bidding systems, the core of today's online advertising...

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News

Honda hopes to resume UK car output on Monday after parts shortage

Court rejects bid to stop Tesla felling trees for German plant

EU banks face 9.4 billion euro shortfall to meet capital rules

Britons may need visas to stay in EU more than 3 months -French minister

Deutsche Bank secures China fund custody licence

UK tells EU: back down by Sunday night or we’ll walk

Half of Spanish firms saw revenues drop in fourth quarter, survey shows

Daily Briefing: Stock market rally hits pause

Comic: The Time for Brexit Games is Almost Over

Google, adtech firms targets of fresh EU privacy complaints

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