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13 January
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Telegraph co-owner David Barclay dies at 86 after short illness By Reuters

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(Reuters) - British billionaire and Daily Telegraph co-owner David Barclay has died unexpectedly after a short illness aged 86, the newspaper said late on Tuesday. David and Frederick Barclay, who are twins, bought the proprietorship of the Telegraph Media Group in 2004 after venturing into media ownership in 1992. The twins began their business empire with hotels and grew to include...

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13 January
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Asian shares make cautious gains after choppy Wall Street session By Reuters

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By Chibuike Oguh NEW YORK (Reuters) - Asian stocks opened mostly higher on Wednesday, tracking modest Wall Street gains as prospects of an eventual victory against coronavirus shored up recovery hopes, while tight supply expectations pushed oil prices to their highest in a year. Investors were betting that the incoming Biden administration would ramp up U.S. distribution of coronavirus vaccines, which would...

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13 January
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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.48% By Investing.com

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Investing.com – U.K. equities were lower at the close on Tuesday, as losses in the Forestry & Paper, Household Goods & Home Construction and Mobile Telecommunications sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 lost 0.48%. The biggest gainers of the session on the Investing.com United Kingdom 100 were International Consolidated Airlines Group S.A. (LON:ICAG),...

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13 January
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U.S. transport safety board sending team to probe Indonesia plane crash By Reuters

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WASHINGTON (Reuters) - The National Transportation Safety Board (NTSB) said on Tuesday it will send a team of investigators to Indonesia in the coming days as part of the probe into the crash of a Sriwijaya Air plane into the Java Sea with 62 people on board. The NTSB will send the U.S. accredited representative and three other investigators to the Indonesian...

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13 January
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Ireland set to receive 1 billion euros from EU Brexit fund – minister By Reuters

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DUBLIN (Reuters) - Ireland is set to receive 1.05 billion euros ($1.28 billion) this year from a European Union fund for the countries worst affected by Britain's exit from the European Union, Irish Foreign Minister Simon Coveney said on Tuesday. The first 4.2 billion of the 5.4 billion euro fund is due to be distributed this year and Ireland will receive...

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13 January
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Meagre lockdown food parcels for English school children provoke outcry By Reuters

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By William James LONDON (Reuters) - Shared images of meagre food packages supplied to children by schools during England's COVID-19 lockdown prompted an outcry on Tuesday and led the government to warn private suppliers to raise their standards. With England in lockdown to try to control a surge in coronavirus cases, the government has asked schools to provide free lunches for eligible...

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13 January
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BOJ will mull cutting this year’s growth forecast – Nikkei By Reuters

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By Leika Kihara TOKYO (Reuters) - The Bank of Japan will consider cutting its economic forecast for the current fiscal year ending in March as consumption takes a hit from state of emergency measures against the coronavirus, the Nikkei reported on Wednesday. The central bank, however, may revise up its growth forecast for the following year in its quarterly review of its...

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13 January
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Legacy Automakers Drive Deeper Into Alternative Fuels By Investing.com

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By Christiana Sciaudone Investing.com -- Legacy vehicle makers are charging ahead with alternative fuel options. The question is, hydrogen-fueled or electric? Take your pick. General Motors Co (NYSE:GM). is getting into the electric cargo van business via BrightDrop, a new wholly owned company whose customers will include FedEx (NYSE:FDX). Corp. The company plans to sell electric pallet movers early this year and a...

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13 January
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Morrisons breaks 10-pounds-an-hour store staff pay barrier By Reuters

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LONDON (Reuters) - Morrisons on Wednesday said it will become the first British supermarket group to pay all its store staff at least 10 pounds ($13.62) an hour. The company, based in Bradford, northern England, said a new pay deal starting in April will mean a 9% wage increase for the majority of its 96,000 store workers. Supermarket staff have played a...

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13 January
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Circle K owner Couche-Tard says in initial talks with France’s Carrefour about combination By Reuters

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(Reuters) - Canadian convenience-store operator Alimentation Couche-Tard Inc said on Tuesday it has initiated exploratory discussions with Europe's biggest retailer, Carrefour (PA:CARR) SA, regarding a potential transaction. There is no certainty at this stage that these discussions will result in any agreement or transaction, Couche-Tard said in a statement. As of Tuesday, Carrefour has a market capitalization of 12.64 billion...

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