(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Johnson Matthey slips as half-year profit slumps * Direct Brexit talks suspended after EU team member tests COVID positive * Royal Mail jumps on raising annual revenue outlook …
Read More »UPDATE 2-Royal Mail raises revenue estimate as online shopping surges
* Royal Mail raises annual revenue estimate * Shares up 7% at near two-year high * H1 above initial expectations in many areas (Adds background on restructuring, labour dispute, shares) Nov 19 (Reuters) – Royal Mail raised its full-year revenue outlook on Thursday, as it benefited from a surge in …
Read More »UPDATE 1-UK Stocks-Factors to watch on Nov 19
ROYAL MAIL: Royal Mail reported a slump in first-half pre-tax profit as losses in its traditional letters business and coronavirus-related costs ate into a … Source link
Read More »Health and Social Care Secretary’s statement on coronavirus 17 November
Good afternoon and welcome to today’s Downing Street coronavirus briefing. I’m joined today by Professor Jonathan Van Tam, Deputy Chief Medical Office and Dr Susan Hopkins, the Chief Medical Advisor to NHS Test and Trace. Before we talk about testing and vaccines, I’d like to update you on the latest …
Read More »European instos grow hungry for high yielding EM debt | Asset Owners
European institutional investors and bond managers are moving up the risk spectrum, favouring emerging market debt and high yield bonds in current fixed income allocations in the increasingly difficult search for yield. Their willingness to embrace more risk in their fixed income portfolios in order to obtain yields of over …
Read More »Europe close: Stocks take knife-edge US election results in their stride
European shares recovered from early morning drop to trade sharply higher, despite no clear outcome in the US presidential election as of yet and weak industry data across the euro zone suggesting a double dip recession. With the result of the White House vote still hanging in the balance and …
Read More »UK jobs market at crossroads as key govt support programme ends
Hundreds of thousands of jobs hang in the balance as coronavirus cases surge in Britain and the government scales back its support for workers. Through the pandemic, a generous government salary support scheme kept unemployment in check, but it ends Saturday. It will be replaced by …
Read More »PRESS DIGEST-British Business – Oct. 26
Oct 26 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – UK special forces troopers stormed an oil tanker off the Isle of Wight on Sunday night and …
Read More »Daily infections exceed 50,000 in France – as it happened | World news
Israel will begin human trials for a potential Covid-19 vaccine developed by a research institute overseen by the Defence Ministry on 1 November after receiving regulatory approval. The Israel Institute for Biological Research (IIBR) began animal trials for its “BriLife” vaccine in March. The health ministry and an oversight committee …
Read More »Coronavirus latest news: UK will fare better than other countries if it can contain Covid locally, UK’s national statistician says
Italian Prime Minister Giuseppe Conte on Sunday announced new anti-coronavirus restrictions for bars, restaurants and public gatherings, in a move aimed at stopping a spike in infections and avoiding a new nationwide lockdown. Under the new rules, gyms, swimming pools, cinemas and theaters will be closed, while bars and …
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