09 December

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EU envoys positive towards deal with Poland, Hungary on EU budget

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BRUSSELS (Reuters) - Ambassadors of European Union Union governments were positive on Wednesday in their first review of a deal with Poland and Hungary that would unblock a 1.8 trillion financial package for the EU, a senior EU diplomat said. Poland and Hungary are under EU investigation for undermining the independence of courts, media and non-governmental organisations. They have been blocking the...

09 December

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IMF’s Georgieva says sees Fund debt freeze for poor countries extended through 2021.

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WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Wednesday that she expects an IMF program that freezes payments on IMF debt from the poorest countries to be extended through the end of 2021. Georgieva made the comments during an IMF forum on the COVID-19 crisis in developing countries, where she also said that the best value spending...

09 December

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UK interior minister Patel meets Hong Kong activist Nathan Law

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LONDON (Reuters) -British interior minister Priti Patel met with Hong Kong pro-democracy activist Nathan Law in London on Wednesday, pledging to protect and uphold freedoms for citizens of Britain's former colony. The meeting was described as the first between the British government and Law since he arrived in Britain in July, having left...

09 December

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GardaWorld keeps options open as target G4S backs Allied bid

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(Reuters) - Canada's GardaWorld on Wednesday gave itself the option of increasing its bid for G4S (CSE:G4S) after the British security company agreed a 3.8 billion pound ($5.10 billion) takeover with a rival. G4S on Tuesday agreed to a takeover by Allied Universal, picking the U.S. company over Canadian rival GardaWorld after a two-month long bidding war. It had rejected...

09 December

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Chewy’s Growth to Keep Coming as Pets Win Our Hearts

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By Christiana Sciaudone Investing.com -- Chewy (NYSE:CHWY) hit a record after reporting a loss that wasn't as bad as expected. Shares rose more than 3% to about $82 as the company said it lost 8 cents a share versus the expected loss of 13 cents. Sales of $1.78 billion were better than the estimated $1.72 billion. Chewy also provided guidance of up to...

09 December

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TAP pipeline explores feasibility of blending hydrogen

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By Stephen Jewkes MILAN (Reuters) - Developers of the Trans Adriatic Pipeline (TAP) have started feasibility studies on blending hydrogen with the natural gas the pipeline will bring in from Azerbaijan, the TAP head said. "The company has kicked off a technical study and we hope to be in a position to...

09 December

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.30%

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Investing.com – U.K. equities were higher at the close on Wednesday, as gains in the Fixed Line Telecommunications, General Retailers and Industrial Metals & Mining sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 rose 0.30% to hit a new 6-month high. The biggest gainers of the session on the Investing.com United Kingdom 100 were BT...

09 December

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Gamestop’s Sales Dwindle Amid Fortnite Popularity

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By Christiana Sciaudone Investing.com -- GameStop Corp (NYSE:GME) slumped 17% after reporting lower-than-expected sales. The loss per share of 53 cents was better than the expected loss of 85 cents, but sales of $1 billion missed the estimated $1.09 billion. Revenue was down 30% from a year earlier. “Our third quarter results were in-line with our muted expectations and...

09 December

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Wall Street Opens Mostly Higher, Awaiting Stimulus Breakthrough; Dow up 120 Pts

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By Geoffrey Smith Investing.com -- U.S. stock markets opened mostly higher on Wednesday but were essentially range-bound as haggling over a Coronavirus relief bill continued with no visible end in sight. By 9:45 AM ET (1445 GMT), the Dow Jones Industrial Average was up 140 points, or 0.4%, at 30,294 points. The S&P 500 was up 0.3% and the Nasdaq Composite was up...

09 December

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UK medicine regulator examining Pfizer vaccine reactions as matter of priority

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LONDON (Reuters) - Britain's medical regulator said on Wednesday it was urgently examining reports of two serious adverse reactions to the Pfizer-BioNTech COVID vaccine among people who have a history of allergies. "We are fully investigating the two reports that have been reported to us as a matter of priority. Once all the information has been reviewed we will communicate updated...

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News

EU envoys positive towards deal with Poland, Hungary on EU budget

IMF’s Georgieva says sees Fund debt freeze for poor countries extended through 2021.

UK interior minister Patel meets Hong Kong activist Nathan Law

GardaWorld keeps options open as target G4S backs Allied bid

Chewy’s Growth to Keep Coming as Pets Win Our Hearts

TAP pipeline explores feasibility of blending hydrogen

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.30%

Gamestop’s Sales Dwindle Amid Fortnite Popularity

Wall Street Opens Mostly Higher, Awaiting Stimulus Breakthrough; Dow up 120 Pts

UK medicine regulator examining Pfizer vaccine reactions as matter of priority

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