16 April

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Britain must act jointly with EU on Northern Ireland – EU’s Sefcovic By Reuters

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BRUSSELS (Reuters) - The European Union will continue its legal action against Britain over the latter's unilateral action in Northern Ireland and said only jointly agreed solutions to trading issues were acceptable. European Commission vice president Maros Sefcovic hosted British negotiator David Frost for talks on Thursday evening and said that only agreements by joint bodies established by the Brexit divorce deal could provide stability in Northern Ireland. "The vice-president insisted on mutually agreed paths towards full compliance with the Protocol, which includes clear end-points, deadlines, milestones and the means to measure progress," Sefcovic said...

16 April

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Orsted makes $631 million onshore wind acquisition in Ireland By Reuters

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By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Renewable energy group Orsted has agreed to buy Brookfield Renewable's Ireland and UK onshore wind business, its first step into Europe's onshore wind market, in a deal valued at 571 million euros ($683 million). Brookfield Renewable Ireland (BRI), headquartered in Cork, develops and operates onshore wind farms in Ireland and the United Kingdom. It has 389 megawatts in operation and under construction, with a project pipeline of more than 1 gigawatt. "With the acquisition of BRI, we get a strong platform that expands our presence in onshore renewables to Europe, allowing...

16 April

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KBC set to leave Irish market with Bank of Ireland agreement By Reuters

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DUBLIN (Reuters) - Belgian financial group KBC is set to become the latest lender to leave the Irish market after it entered an agreement with Bank of Ireland on Friday to explore the sale of most of its Irish unit's assets and liabilities. The transaction remains subject to due diligence, further negotiation and agreement of final terms, the two banks said. KBC is also reviewing its options to divest its non-performing mortgage loan portfolio, which is not part of the agreement with Bank of Ireland, it said. British lender NatWest announced in February that...

16 April

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Exclusive: Grab considering secondary Singapore listing after U.S. SPAC merger – sources By Reuters

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By Anshuman Daga SINGAPORE (Reuters) - Grab Holdings, Southeast Asia's ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion SPAC merger, three sources familiar with the matter said. Listing on Singapore Exchange would enable Grab to have an investor base close to where its regional business is based, the people said, potentially offering its customers, drivers and merchant partners easier access to trade its shares. Grab, a household name across Southeast Asia, is in the early stages of...

16 April

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European stocks rise as Daimler earnings lift automakers By Reuters

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(Reuters) - European stocks hit a record high on Friday after strong U.S. and China data spurred optimism about a speedy global recovery, while automakers got a boost following Daimler's better-than-expected profit. The pan-European STOXX 600 index rose 0.1% by 0706 GMT, on course for its seventh straight week of gains. The German DAX also gained 0.1%, while UK's FTSE 100 was up 0.4%. Global stocks stood near record highs after data showed China's economic recovery quickened sharply in the first quarter from last year's deep coronavirus-led slump. German car and truck maker Daimler gained 2.1%...

16 April

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Investors pour cash into equity, bond funds, dump cash – BofA By Reuters

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LONDON (Reuters) - Investors poured a hefty $25.6 billion into equity funds in the week to Wednesday and $17.9 billion into bond funds, the largest inflow in 10 weeks, BofA's flow data showed on Friday. In contrast, there was an outflow of $47.3 billion from cash funds, the largest in four months, BofA said. It noted that an inflow into global stocks over the past five months at $602 billion exceeds the inflow in the prior 12 years of $452 billion. BofA also pointed to strong flows into investment-grade bonds, emerging market equities....

16 April

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UK ambassador arrives for talks at Russia’s foreign ministry – RIA By Reuters

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MOSCOW (Reuters) - Britain's ambassador to Moscow arrived at the Russian foreign ministry for talks on Friday after London summoned the Russian ambassador, the RIA news agency reported, amid a further deterioration in bilateral ties. Britain's foreign ministry said on Thurday it had summoned Russia's envoy to express its concern about "malign behaviour" by Moscow and to show London's support for actions announced earlier in the day by U.S. President Joe Biden. The British embassy told RIA the meeting at the foreign ministry had been planned in advance. ...

16 April

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Hong Kong media tycoon Jimmy Lai faces 12 months in prison for unauthorised assembly By Reuters

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HONG KONG (Reuters) - Hong Kong media tycoon Jimmy Lai will serve 12 months in prison for taking part in an unauthorised assembly during the 2019 mass pro-democracy protests in the Chinese-ruled financial hub. Hong Kong's District Court Judge Amanda Woodcock gave Lai a 15-month sentence, reduced by three months in mitigation. Martin Lee, who helped launch the city's largest opposition Democratic Party in the 1990s and is often called the former British colony's "father of democracy," was given a suspended sentence of 11 months in the same case. ...

16 April

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Japan shares higher at close of trade; Nikkei 225 up 0.14% By Investing.com

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Investing.com – Japan equities were higher at the close on Friday, as gains in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares higher. At the close in Tokyo, the Nikkei 225 rose 0.14%. The biggest gainers of the session on the Nikkei 225 were Toho Co., Ltd. (T:9602), which rose 3.95% or 180.0 points to trade at 4735.0 at the close. Marui Group Co., Ltd. (T:8252) added 3.18% or 68.0 points to end at 2206.0 and Daiwa House Industry Co., Ltd. (T:1925) was up 3.06%...

16 April

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Google misled consumers over data collection – Australian watchdog By Reuters

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By Swati Pandey SYDNEY (Reuters) - Australia's federal court found Alphabet (NASDAQ:GOOGL) Inc's Google misled some consumers about personal location data collected through Android mobile devices, the country's competition regulator said on Friday. The Australian Competition and Consumer Commission (ACCC) said it is seeking declarations and penalties from Google, though it did not specify an amount. "This is an important victory for consumers, especially anyone concerned about their privacy online, as the Court’s decision sends a strong message to Google and others that big businesses must not mislead their customers,” ACCC Chair Rod Sims said in...

Меню

Britain must act jointly with EU on Northern Ireland – EU’s Sefcovic By Reuters

Orsted makes $631 million onshore wind acquisition in Ireland By Reuters

KBC set to leave Irish market with Bank of Ireland agreement By Reuters

Exclusive: Grab considering secondary Singapore listing after U.S. SPAC merger – sources By Reuters

European stocks rise as Daimler earnings lift automakers By Reuters

Investors pour cash into equity, bond funds, dump cash – BofA By Reuters

UK ambassador arrives for talks at Russia’s foreign ministry – RIA By Reuters

Hong Kong media tycoon Jimmy Lai faces 12 months in prison for unauthorised assembly By Reuters

Japan shares higher at close of trade; Nikkei 225 up 0.14% By Investing.com

Google misled consumers over data collection – Australian watchdog By Reuters

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