Bank of England’s Bailey expects ‘pronounced recovery’ for economy January 21, 2021 Bank of England Governor Andrew Bailey said yesterday he expected Britain’s economy would recover strongly as the country moves ahead with vaccinating its population against Covid-19. “I really do think that we are going to see a pronounced recovery in the economy as the vaccination programme, as it is doing now, rolls out,” Bailey said. [...]
Biden announces return to global climate accord, new curbs on U.S. oil industry January 21, 2021 By Valerie Volcovici and Trevor Hunnicutt WASHINGTON (Reuters) – President Joe Biden on Wednesday announced America’s return to the international Paris Agreement to fight climate change, the centerpiece of a raft of day-one executive orders aimed at restoring U.S. leadership in combating global warming. The announcements also included a sweeping order to review all of [...]
Covid-19 volatility boosts profits at investment bank Morgan Stanley, echoing rival Goldman Sachs January 20, 2021 Covid-19 volatility boosts profits at investment bank Morgan Stanley
Germany warns of border closures amid fear of COVID-19 mutations January 19, 2021 By Andreas Rinke and Christian Kraemer BERLIN (Reuters) – German Chancellor Angela Merkel warned that Germany may need to consider border crossing curbs if other European countries do not act to halt the spread of the coronavirus, particularly its new, more transmissible variants. “We can do anything we like, but we will not succeed if [...]
Oil services firm Halliburton profit sinks, but not as badly as analysts expected January 19, 2021 Oil services giant Halliburton today posted a better-than-expected fourth-quarter profit, buoyed by cost cuts and a recovery in demand for oilfield equipment and services after last year's industry slump.
China’s Covid-19 outbreak worst since March 2020 January 19, 2021 China is battling the worst outbreak of Covid-19 since March 2020, with one province posting a record daily rise in cases, as an independent panel reviewing the global pandemic said China could have done more to curb the initial outbreak. State-backed tabloid the Global Times today defended China’s early handling of Covid-19, saying no country [...]
EU politicians pushing for ‘masterplan’ to steal City jobs from London and promote euro in global trade January 18, 2021 EU politicians pushing for 'masterplan' to steal banking jobs from London and promote euro in global trade
Phil Neville tipped to become coach of David Beckham’s Inter Miami after leaving England Women with immediate effect January 18, 2021 Phil Neville is stepping down as England women’s team manager with immediate effect and expected to join David Beckham’s Inter Miami. Neville, 43, has been in talks with the Major League Soccer men’s side, who have a vacancy since sacking manager Diego Alonso this month. The Football Association said it would shortly appoint an interim [...]
England cricet team ‘unconcerned’ by Covid-19 outbreak at team hotel in Sri Lanka January 15, 2021 England are “not concerned” after two staff members at their hotel in Galle where they are playing two Test matches against Sri Lanka tested positive for Covid-19. The kitchen workers returned positive results after routine tests conducted by the hotel due to the presence of the England team, Sri Lankan media reported. “We are not [...]
Barilla buys British fresh pasta maker Pasta Evangelists January 14, 2021 Barilla said on Thursday it had bought a majority stake in Britain’s Pasta Evangelists, re-entering the fresh pasta market and boosting its digital offering at time when the pandemic is driving demand for home deliveries of food and drinks. The companies did not disclose the financial details of the deal, but two sources close to the [...]
