03 December

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Ryanair agrees to buy 75 737 MAX jets in boost for Boeing

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WASHINGTON (Reuters) - Budget airline Ryanair on Thursday ordered 75 additional Boeing (NYSE:BA) 737 MAX jets with a catalogue value of $9 billion, throwing a commercial lifeline to the embattled U.S. planemaker after regulators lifted a 20-month safety ban. The order from the Irish airline, Europe's biggest low-cost carrier and one of Boeing's most important customers, is the largest for the jet...

03 December

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EFL to receive 250 million pounds bailout package from Premier League

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(Reuters) - The Premier League has reached an agreement with the English Football League (EFL) to provide a 250 million pounds ($336.13 million) bailout package for lower division clubs struggling financially due to the COVID-19 pandemic. Premier League clubs gave their final approval to the agreement at a shareholders' meeting on Thursday. "A...

03 December

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Multiple casualties at English warehouse blast, fire brigade says

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LONDON (Reuters) - A large blast in a warehouse near Bristol in England has caused multiple casualties, a spokeswoman for the fire brigade said on Thursday. The fire service had previously said on Twitter that it was responding to an incident after being called to a large explosion in Avonmouth, south west England....

03 December

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Chevron cuts spending plans again, sets 2021 budget of $14 billion

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(Reuters) - U.S. oil major Chevron Corp (NYSE:CVX) on Thursday cut billions more off its long-term capital and exploratory budget after completing a major restructuring of its operations as it seeks to preserve its dividend. The company said it now expects its total capital and exploratory budget through 2025 to be between $14 billion (10.44 billion pounds) and $16 billion,...

03 December

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Daimler board backs strategy, staff fund planned

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BERLIN (Reuters) - The supervisory board of German automaker Daimler agreed on Thursday to back a strategic plan to cut fixed costs, capex and R&D spending and announced a new transformation fund for staff worth 1 billion euros (903.39 million pounds) up until 2025. Daimler said in a statement that the supervisory board had given its full backing to the company's strategy...

03 December

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English COVID tracers no longer contacting children separately, boosting figures

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LONDON (Reuters) - England's COVID-19 test and trace system has stopped trying to contact under-18s separately to ask them to self-isolate if a parent says they will tell their child, helping to boost the proportion of contacts of cases successfully traced. After weeks near a record low of around 60% of contacts of positive cases being successfully traced, 72.5% percent of the...

03 December

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India shares higher at close of trade; Nifty 50 up 0.15%

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Investing.com – India equities were higher at the close on Thursday, as gains in the Public Sector Undertakings, Metals and Oil & Gas sectors propelled shares higher. At the close in NSE, the Nifty 50 added 0.15% to hit a new all time high, while the BSE Sensex 30 index added 0.03%. The biggest gainers of the session on the Nifty...

03 December

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Britain’s climate advisers call for deeper 2030 emissions-cut target

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By Susanna Twidale LONDON (Reuters) - Britain should raise its 2030 emissions-reduction target to at least a 68% cut on 1990 levels to help it meet its goals under the Paris climate agreement, the government's climate advisers said on Thursday. Britain currently has a target of cutting emissions by 57% by 2030, and last year it became the first G7 country to...

03 December

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Enel agrees to buy CityPoste Payment to boost fintech business

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MILAN (Reuters) - Italy's biggest utility Enel (MI:ENEI) has agreed to buy fintech company CityPoste Payment(CPP) from Mail Express Group to strengthen its position in the digital payments market. In a statement on Thursday Enel X, the utility's innovative services unit, said the acquisition of a network of about 850 CPP sales points in Italy would allow it to manage...

03 December

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UK firms see brighter 2021 after vaccine news, surveys show

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By David Milliken LONDON (Reuters) - British businesses in the service sector grew more optimistic about 2021 following news of COVID-19 vaccines, despite the first fall in activity since June as a four-week partial lockdown across England took its toll. The IHS Markit/CIPS UK services Purchasing Managers' (PMI) dropped to 47.6 in November from 51.4 in October, the first time since June...

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News

Ryanair agrees to buy 75 737 MAX jets in boost for Boeing

EFL to receive 250 million pounds bailout package from Premier League

Multiple casualties at English warehouse blast, fire brigade says

Chevron cuts spending plans again, sets 2021 budget of $14 billion

Daimler board backs strategy, staff fund planned

English COVID tracers no longer contacting children separately, boosting figures

India shares higher at close of trade; Nifty 50 up 0.15%

Britain’s climate advisers call for deeper 2030 emissions-cut target

Enel agrees to buy CityPoste Payment to boost fintech business

UK firms see brighter 2021 after vaccine news, surveys show

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