07 April

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Sweden’s Central Bank Reveals First Study of Digital Currency By Bloomberg

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(Bloomberg) -- The Swedes are learning that their once pioneering vision for a central bank digital currency might take a lot longer to enact than initially thought. The Riksbank just published the results of the first phase of a pilot project into what is essentially the most advanced exploration of a post-cash era to be undertaken by a major, western economy. It says...

07 April

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G20 finance officials to meet on pandemic measures, U.S. global minimum tax plan By Reuters

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By Andrea Shalal WASHINGTON (Reuters) - Finance officials from the Group of 20 major economies are poised to back a $650 billion boost in the IMF's emergency reserves on Wednesday and extend a freeze on debt payments as part of an effort to help developing countries still struggling to combat the COVID-19 pandemic. The G20 gathering, taking place virtually on the sidelines...

07 April

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Swiss watchmakers go digital to show off new products, revive sales By Reuters

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By Silke Koltrowitz ZURICH (Reuters) - Luxury Swiss watchmakers, usually not big fans of online retailing, are launching a new all-digital Watches & Wonders event on Wednesday to show off their latest products, hoping to revive sales hit by the coronavirus crisis. Makers of high-end watches still largely rely on physical stores for sales, but the success of online platforms for pre-owned...

07 April

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Nokia settles patent fight with Lenovo By Reuters

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STOCKHOLM (Reuters) - Finland's Nokia (HE:NOKIA) has settled a multi-year patent fight with China's Lenovo Group, the world's biggest PC maker, resolving all pending litigation across all jurisdictions, the companies said on Wednesday. While terms of the cross-license agreement remain confidential, Lenovo will make a net balancing payment to Nokia, the Finnish telecom equipment maker said. A Nokia spokesman declined to disclose...

07 April

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UK begins rollout of Moderna Covid vaccine in Wales By Reuters

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LONDON (Reuters) - Britain begins the rollout of Moderna (NASDAQ:MRNA)'s COVID-19 vaccine on Wednesday in Wales, Health Secretary Matt Hancock said. "I’m delighted we can start the UK rollout of the Moderna vaccine in west Wales today," Hancock said. "Three out of every five people across the whole United Kingdom have received at least one dose, and today we...

07 April

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Malaysia ex-PM Najib served with bankruptcy notice over $400 million tax bill By Reuters

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KUALA LUMPUR (Reuters) - Malaysia's former prime minister Najib Razak has been served with a bankruptcy notice for failing to pay more than $400 million in unpaid taxes, a move that the ex-premier described as an attempt to destroy his political career. Najib, who lost a historic election in 2018, is facing...

07 April

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China’s census could point to a looming demographic slide By Reuters

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By Ryan Woo BEIJING (Reuters) - China's once-a-decade census is expected to show a further fall in the percentage of young people in its fast-aging population as high living costs and an aversion to having children among urban couples push China closer to a demographic crunch. Policymakers are under pressure to come up...

07 April

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Topps To Go Public On Merger With Mudrick; SPAC Gains 16% By Investing.com

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By Dhirendra Tripathi Investing.com – Shares of Mudrick Capital Acquisition Corporation II (NASDAQ:MUDSU) jumped Tuesday after the The Topps Company, promoted by Disney’s former CEO Michael Eisner, agreed on a merger with the special purpose acquisition company. The shares rose 16% and touched a high of $16.55 in the session so far. The Topps Company is a long-standing icon in sports and entertainment...

07 April

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More women in Italian boardrooms, but fewer female CEOs By Reuters

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MILAN (Reuters) - Italian listed companies have increased the number of women serving on their boards but the number of female chief executive officers fell slightly last year, the market watchdog Consob said on Tuesday. According to a 2019 law, companies listed on the Milan stock exchange were required to apply a...

07 April

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S&P 500 Flirts With Record, But ‘Overbought’ Jitters Keep Lid on Gains By Investing.com

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By Yasin Ebrahim Investing.com – The S&P 500 continued to trade near record highs Tuesday, led by energy and consumer stocks, but some on Wall Street are calling for caution as the latest acceleration pushed stocks into "overbought" territory. The S&P 500 rose 0.1% after hitting a record high of 4,086.10, the Dow Jones Industrial Average fell 0.14%, or 46 points, the...

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News

Sweden’s Central Bank Reveals First Study of Digital Currency By Bloomberg

G20 finance officials to meet on pandemic measures, U.S. global minimum tax plan By Reuters

Swiss watchmakers go digital to show off new products, revive sales By Reuters

Nokia settles patent fight with Lenovo By Reuters

UK begins rollout of Moderna Covid vaccine in Wales By Reuters

Malaysia ex-PM Najib served with bankruptcy notice over $400 million tax bill By Reuters

China’s census could point to a looming demographic slide By Reuters

Topps To Go Public On Merger With Mudrick; SPAC Gains 16% By Investing.com

More women in Italian boardrooms, but fewer female CEOs By Reuters

S&P 500 Flirts With Record, But ‘Overbought’ Jitters Keep Lid on Gains By Investing.com

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