18 January

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ECB’s latest stimulus expected to have little impact on euro zone economy – Reuters poll By Reuters

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By Richa Rebello BENGALURU (Reuters) - The European Central Bank's new policy package will have little effect on the euro zone's coronavirus-ravaged economy, according to the forecasts of a Reuters poll of economists, who nearly halved their outlook for first-quarter growth. Despite the ECB's decision to top up its pandemic emergency purchases by...

18 January

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Amazon to open two new hubs in Italy this year By Reuters

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MILAN (Reuters) - Amazon (NASDAQ:AMZN) will open two new logistics centres in Italy this year, investing over 230 million euros ($278 million), the world's largest online retailer said on Monday. With the two new hubs- a distribution centre in the north-western city of Novara and a fulfilment centre close to the city of Modena - Amazon will create 1,100 new jobs in...

18 January

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Britain’s GMB union to hold seven one-day strikes at British Gas By Reuters

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LONDON (Reuters) - Britain's GMB trade union said on Monday its members at Centrica (LON:CNA)'s British Gas would start a series of seven one-day strikes this week in protest over proposed changes to work conditions. GMB previously said the workers would strike on Jan. 20, Jan. 22, Jan. 25, Jan. 29 and Feb. 1 over what it called plans to...

18 January

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StockBeat: Veolia’s Fight for Suez Turns Nasty By Investing.com

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By Geoffrey Smith Investing.com -- The battle for control of Suez (OTC:SZSAY) heated up over the weekend, as two private equity groups came to the rescue of the beleaguered French water group's management. Paris-based Ardian and New York-based Global Infrastructure Partners said they would be willing to pay 18 euros per share for the group, including up to 45c of accrued dividends, effectively matching...

18 January

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Use your licence or lose it, UK financial watchdog tells firms By Reuters

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By Huw Jones LONDON (Reuters) - Financial scams rocketed as the pandemic unfolded last year, with one in 10 applications for licences rejected or forced to withdraw, Britain's Financial Conduct Authority said on Monday. The FCA said that to reduce the risk of harm, it was asking financial investment firms to either use their licences once granted, or risk losing them. Firms...

18 January

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German Inflation Will Turn Positive in January, Bundesbank Says By Bloomberg

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(Bloomberg) -- Price growth in Europe’s largest economy is likely to be “clearly positive” this month for the first time in half a year, according to the Bundesbank. After the phasing-out of a temporary sales-tax cut and the introduction of an emissions-pricing scheme, the cost of many goods and services in Germany is likely to have risen on an annual basis, the country’s...

18 January

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China GDP, Biden’s First Actions, Keystone Goes Green – What’s up in Markets By Investing.com

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By Geoffrey Smith Investing.com -- China’s economy grew faster than expected in the fourth quarter, allowing it to post growth of 2.3% for the whole of 2020. Joe Biden plans to reverse Donald Trump’s legacy with a flurry of immediate executive orders, and the Keystone XL pipeline is desperate not to be the target of one of them. Germany’s CDU anointed a successor to...

18 January

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Lufthansa reaches deal with Eurowings on jobs – union By Reuters

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(Reuters) - Lufthansa subsidiary Eurowings will not lay off staff until March next year, trade union Verdi said on Monday, as part of efforts by the airline to rein in losses due to the coronavirus pandemic. Some 2,000 ground staff and cabin crew at Eurowings will have their jobs secured until March 31, 2022 in return for reduced bonuses and a suspension...

18 January

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Exclusive: Southeast Asia’s Grab considering U.S. IPO this year, sources say By Reuters

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By Anshuman Daga SINGAPORE (Reuters) - Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for initial public offerings (IPOs), three sources familiar with the matter told Reuters. Grab's IPO could raise at least $2 billion, one of the sources said, which would likely make it the largest...

18 January

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UK shopper numbers down 10.9% last week as lockdowns bite By Reuters

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LONDON (Reuters) - The number of shoppers heading out to retail destinations across Britain fell by 10.9% in the week to Jan. 16, versus the previous week, due to the impact of national lockdowns to limit the spread of COVID-19, researcher Springboard said on Monday. On Jan. 4, British Prime Minister Boris Johnson ordered England into a new national lockdown to contain...

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News

ECB’s latest stimulus expected to have little impact on euro zone economy – Reuters poll By Reuters

Amazon to open two new hubs in Italy this year By Reuters

Britain’s GMB union to hold seven one-day strikes at British Gas By Reuters

StockBeat: Veolia’s Fight for Suez Turns Nasty By Investing.com

Use your licence or lose it, UK financial watchdog tells firms By Reuters

German Inflation Will Turn Positive in January, Bundesbank Says By Bloomberg

China GDP, Biden’s First Actions, Keystone Goes Green – What’s up in Markets By Investing.com

Lufthansa reaches deal with Eurowings on jobs – union By Reuters

Exclusive: Southeast Asia’s Grab considering U.S. IPO this year, sources say By Reuters

UK shopper numbers down 10.9% last week as lockdowns bite By Reuters

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