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 …
Read More »Royal Mail launches new parcel pick-up service across Britain
Oct 21 (Reuters) – Royal Mail Plc, one of the world’s oldest postal companies, on Wednesday launched a new parcel pick-up service across Britain, in a move that would enable postmen and postwomen to collect and deliver parcels on their daily rounds. Reporting by Yadarisa Shabong in Bengaluru; Editing by …
Read More »European stocks slip back as Bankia and Caixa tie the knot
European markets came under pressure yesterday as a result of concerns about a combination of concerns about the economic outlook, as well as the timing of a vaccine contributing to a prevailing sense of renewed uncertainty, with the World Health Organisation warning about an alarming rise in coronavirus cases across …
Read More »The Hut Group shares soar 30% after bumper $7 billion London IPO
By Abhinav Ramnarayan, Sinead Cruise LONDON (Reuters) – The Hut Group’s THG.L shares soared 30% in the company’s first day of trading on Wednesday after batting away corporate governance concerns to seal its 5.4 billion pound ($6.99 billion) listing, one of London’s largest tech IPOs to date. FILE PHOTO: The …
Read More »British bluechips hit by weak oil; Royal Mail offsets mid-cap losses
By Shashank Nayar, Ambar Warrick (Reuters) – The British blue-chip index ended lower on Tuesday as weak oil prices hurt major energy stocks, while losses in the mid-cap index were mitigated by Royal Mail, which rose after it flagged a boost from e-commerce. FILE PHOTO: The London Stock Exchange Group …
Read More »Europe close: Stocks caught in technology downdraft on Wall Street
European shares finished sharply lower amid continued heaving selling in tech stocks and more concerns about Britain’s belligerent stance on Brexit trade talks. The pan-European Stoxx 600 fell 1.15% alongside falls of 1.78% for the Ibex 35 and of 1.81% for the FTSE Mibtel. London’s FTSE 100 was down was …
Read More »European equities sapped by Brexit fears, energy and tech stocks slide
(Reuters) – European shares fell on Tuesday on fears that Britain was in danger of leaving the European Union without a trade agreement, with energy firms and technology stocks among the biggest decliners. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, …
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