12 April

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New protocols, vaccine supplies to boost Italy’s vaccination campaign – minister to paper By Reuters

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ROME (Reuters) - A series of new rules and the supply of new doses will boost Italy's vaccination campaign, allowing the government to lift restrictions on businesses and citizens starting from May, the health minister said in an interview published on Monday. "In May the conditions could exist to apply less restrictive measures, similar to those for the yellow (low-risk) areas ...

12 April

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Banks, miners drag FTSE 100 lower; Hammerson jumps By Reuters

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(Reuters) - London's FTSE 100 fell on Monday, dragged lower by heavyweight banking and mining stocks, while shares of shopping centre operator Hammerson gained on plans to shore up its finances. The blue-chip index slipped 0.2% after recording its best weekly performance since early-January on Friday. The wider banks' index slid 0.8%, with HSBC Holdings (LON:HSBA) being the biggest loser. Miners Anglo American (LON:AAL), BHP Group, and Glencore (LON:GLEN) tumbled more than 1% each, tracking lower metal prices. The domestically focussed mid-cap FTSE 250 index edged 0.1% lower,...

12 April

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European stocks ease from record high ahead of earnings season By Reuters

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(Reuters) - European stocks eased from all-time highs on Monday as investors held off from making big bets ahead of the earnings season, while British retailers were set to reopen as the economy emerges from a strict winter lockdown. The pan-European STOXX 600 index slipped 0.1% by 0711 GMT, following Asian markets into the red as investors waited to see if U.S. earnings can justify sky-high valuations. There were some concerns as COVID-19 cases continued to surge globally. [MKTS/GLOB] UK's domestically focussed FTSE mid 250 index inched 0.2% lower, but hovered below a record high as...

12 April

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Japan shares lower at close of trade; Nikkei 225 down 0.77% By Investing.com

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Investing.com – Japan equities were lower at the close on Monday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 lost 0.77%. The biggest gainers of the session on the Nikkei 225 were Isetan Mitsukoshi Holdings Ltd. (T:3099), which rose 2.45% or 18.0 points to trade at 752.0 at the close. Nippon Sheet Glass Co., Ltd. (T:5202) added 2.42% or 15.0 points to end at 635.0 and JTEKT Corp. (T:6473) was up 1.82% or...

12 April

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Once ‘green’ plug-in hybrid cars suddenly look like dinosaurs in Europe By Reuters

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By Nick Carey and Kate Abnett LONDON/BRUSSELS (Reuters) - Remember when plug-in hybrid cars were the go-to technology for the climate-conscious driver? Turns out, they're not good for the environment, according to some experts, and they could be phased out by carmakers in the face of tougher European rules. EU policy plans for plug-in hybrid vehicles (PHEVs), which contain an electric battery and a combustion engine, could mean the "transition" technology has a shorter lifespan than envisaged by some leading automakers. Draft green finance regulations would ban manufacturers from labelling them as "sustainable investments" beyond...

12 April

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HSBC and Huawei CFO reach agreement on document publication linked to extradition case By Reuters

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HONG KONG (Reuters) - HSBC and Huawei Technologies' Chief Financial Officer Meng Wanzhou have reached an agreement in a dispute about the publication of documents relating to U.S. fraud allegations against her, their lawyers told a Hong Kong court. The judge, Linda Chan, made court orders along the lines of the agreement, she said on Monday. The orders were, however, not immediately available. The legal dispute reached the Hong Kong court last month after a British judge in February blocked the release of internal HSBC documents relating to the fraud allegations against Meng. Meng, who...

12 April

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China’s Alibaba says to lower entry barriers after record antitrust fine By Reuters

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SHANGHAI (Reuters) -Alibaba Group will introduce measures to lower entry barriers and business costs faced by merchants on e-commerce platforms, CEO Daniel Zhang said on Monday, after an antitrust probe found the firm had abused its dominant market position. China on Saturday imposed a record 18 billion yuan ($2.75 billion) fine on Alibaba (NYSE:BABA) amid a crackdown on technology conglomerates, signalling a new era after years of laissez-faire approach. The e-commerce giant has come under intense scrutiny since billionaire founder Jack Ma's public criticism of the Chinese regulatory system in October. The State...

12 April

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UK MPs, business figures set up an independent commission to improve Brexit trade deal – FT By Reuters

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(Reuters) - A group of lawmakers in the United Kingdom and a few business figures have formed an independent commission to improve Britain's trade deal with the European Union and the rest of the world, the Financial Times reported https://www.ft.com/content/2bf9d562-f7ac-46f0-b8eb-8ded2206bfcc. The new trade and business commission will involve members of parliament from all political parties and include Hilary Benn, Labour chair of the now defunct Commons committee on the future relationship with the EU, the report said. The commission will be formally launched this week, it added. ...

12 April

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Asia off to cautious start ahead of earnings, U.S. data By Reuters

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By Wayne Cole SYDNEY (Reuters) - Asian shares started cautiously on Monday as investors wait to see if U.S. earnings can justify sky-high valuations, while bond markets could be tested by what should be very strong readings for U.S. inflation and retail sales this week. MSCI's broadest index of Asia-Pacific shares outside Japan was off 0.05% in slow early trade. Tokyo's Nikkei edged up 0.1%, while South Korean stocks rose 0.2%. Investors were anxious to see how shares in Alibaba (NYSE:BABA) Group Holding Ltd fared after China slapped a record 18 billion yuan ($2.75...

12 April

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UK investors expand anti-slavery push to construction, materials sectors By Reuters

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By Simon Jessop LONDON (Reuters) - A UK investor coalition that presses companies to unearth modern-day slavery in their supply chains said on Monday it was going to expand its campaign into the construction and materials sectors. The 'Find It, Fix It, Prevent It' initiative - founded in 2019 by CCLA Investment Management - has focused up to now on the hospitality industry. "The construction industry is estimated to contain 18% of the world’s victims of forced labour," CCLA's chief executive, Peter Hugh Smith, said. "It also has a complicated supply chain that spans the globe....

Меню

New protocols, vaccine supplies to boost Italy’s vaccination campaign – minister to paper By Reuters

Banks, miners drag FTSE 100 lower; Hammerson jumps By Reuters

European stocks ease from record high ahead of earnings season By Reuters

Japan shares lower at close of trade; Nikkei 225 down 0.77% By Investing.com

Once ‘green’ plug-in hybrid cars suddenly look like dinosaurs in Europe By Reuters

HSBC and Huawei CFO reach agreement on document publication linked to extradition case By Reuters

China’s Alibaba says to lower entry barriers after record antitrust fine By Reuters

UK MPs, business figures set up an independent commission to improve Brexit trade deal – FT By Reuters

Asia off to cautious start ahead of earnings, U.S. data By Reuters

UK investors expand anti-slavery push to construction, materials sectors By Reuters

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