28 June

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Emergency ECB stimulus could end next March: Holzmann By Reuters

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FRANKFURT (Reuters) - The European Central Bank could end its emergency stimulus scheme next March and markets may be right in not pricing in an increase in more traditional bond purchases, Austrian central bank chief Robert Holzmann said on Monday. With the pandemic now receding, analysts, including the ECB's own Survey of Monetary Analysts, expect the 1.85 trillion euro Pandemic Emergency Purchase Scheme to end next March and see no increase in volumes under the Asset Purchase Programme (APP) to compensate for the lost stimulus. "This is how the market sees this and I think...

28 June

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Hong Kong to Ban Passenger Flights From U.K. From Thursday By Bloomberg

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(Bloomberg) -- Hong Kong will ban all passenger flights from Britain starting Thursday, labeling the country “extremely high risk” just as it loosens entry requirements for people traveling from most other parts of the world. “From 0.00am on July 1 (Hong Kong time), all passenger flights from the U.K. will be prohibited from landing,” the government said in a statement Monday. The decision was made “in view of the recent rebound of the epidemic situation in the U.K. and the widespread delta variant virus strain there, coupled with a number of cases with L452R mutant...

28 June

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Channel Island of Jersey to extend licences for French fishing boats in its waters By Reuters

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PARIS (Reuters) - The Channel Island of Jersey, which is a self-governing British Crown Dependency, said it had offered a three-month extension to a current transition period which would allow French vessels to fish in its waters. Fishing rights in the waters around Jersey have been at the centre of post-Brexit tensions between France and the United Kingdom. ...

28 June

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Stretched global supply chain means shortages on summer menus By Reuters

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By Lisa Baertlein and Hilary Russ LOS ANGELES/NEW YORK (Reuters) - In the United States, it's iced green tea. In South Korea, it's fries. At least nine fast-food chains and restaurant companies surveyed by Reuters said some of their locations have been grappling with changing lists of brief shortages of key ingredients and products, as supply bottlenecks plague eateries. The list of hard-to-find items has included summertime staples such as wieners and chicken wings, and non-food items like plastic packing material and paper bags. On June 14 the web site of South Korea's No....

28 June

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Verizon shows off 5G-connected robots at Barcelona conference By Reuters

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By Supantha Mukherjee and Clara-Laeila Laudette BARCELONA (Reuters) - Verizon (NYSE:VZ) VZ.N on Monday showcased two robots on the stage of the Mobile World conference, saying that bots use 5G connectivity and mobile edge computing to communicate with each other. Edge computing uses augmented reality and machine learning to analyse bulk data where it was gathered - whether factory floor, oil rig or office space - and requires fast data transfers of the kind that only high-speed 5G signals provide. "When you have more than one robot on the floor, you run into a...

28 June

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UK shopper numbers flat last week on variable weather -Springboard By Reuters

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LONDON (Reuters) - Shopper numbers across Britain fell 0.2% in the week to June 26 compared with the previous week, held back by variable weather, researcher Springboard said on Monday. It said shopper numbers, or footfall, were down 25.3% compared with the same week in 2019, before the pandemic started to disrupt traffic. ...

28 June

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U.S. Job Market Begins a ‘Weird Summer,’ With Choppy Recovery By Bloomberg

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(Bloomberg) -- The U.S. labor market is entering one of its strangest summers ever, with a powerful economic rebound generating record demand for workers just as roadblocks distort employment and wage levels. While economic growth will clock 10% this quarter and 7% next, according to Bloomberg surveys -- well above pre-pandemic trends -- millions of Americans remain reluctant or unable to take up the unprecedented number of job openings available. Lingering concerns about Covid-19, highlighted by a worrying surge in the Delta variant, along with continuing childcare challenges have been a bar for some. For others,...

28 June

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Europe’s Delta Woes, Didi IPO, Binance – What’s Moving Markets By Investing.com

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By Peter Nurse Investing.com --The delta variant of the coronavirus looks set to disrupt the European holiday season. Didi is set to close its IPO books, France's President Macron receives a setback in regional elections, while the U.K. becomes the latest big country to ban crypto-exchange Binance. Here's what's moving markets on Monday, June 28th. 1. Europe faces Covid delta variant pain The race is on to save the European holiday season, as the highly contagious delta strain of the Covid-19 virus threatens to result in more travel restrictions just as the summer starts. The number...

28 June

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Merkel keeps up case for EU talks with Russia despite objections By Reuters

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BERLIN (Reuters) -European Union talks with Russia would be useful on a number of issues, not least to tell Russian President Vladimir Putin directly that cyber attacks are no basis for a productive relationship, German Chancellor Angela Merkel said on Monday. "Here, I think it is better not only to talk among ourselves but also to confront the Russian president with these things and to say 'on such a basis a fruitful cooperation cannot take place'," Merkel told German and French lawmakers. European Union leaders on Friday rejected a Franco-German proposal to hold a summit with...

28 June

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Oxford COVID vaccine produces strong immune response from booster shot – study By Reuters

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By Alistair Smout LONDON (Reuters) - A third shot of the Oxford-AstraZeneca COVID-19 vaccine produces a strong immune response, researchers said on Monday, adding there was not yet evidence that such shots were needed, especially given shortages in some countries. The Oxford University study found that a third dose of the vaccine increases antibody and T-cell immune responses, while the second dose can be delayed up to 45 weeks and also lead to an enhanced immune response. The British government has said it is looking at plans for an autumn vaccine booster campaign, with three-fifths of...

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Emergency ECB stimulus could end next March: Holzmann By Reuters

Hong Kong to Ban Passenger Flights From U.K. From Thursday By Bloomberg

Channel Island of Jersey to extend licences for French fishing boats in its waters By Reuters

Stretched global supply chain means shortages on summer menus By Reuters

Verizon shows off 5G-connected robots at Barcelona conference By Reuters

UK shopper numbers flat last week on variable weather -Springboard By Reuters

U.S. Job Market Begins a ‘Weird Summer,’ With Choppy Recovery By Bloomberg

Europe’s Delta Woes, Didi IPO, Binance – What’s Moving Markets By Investing.com

Merkel keeps up case for EU talks with Russia despite objections By Reuters

Oxford COVID vaccine produces strong immune response from booster shot – study By Reuters

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