07 January

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On Capitol violence, Johnson says President Trump ‘completely wrong’ By Reuters

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LONDON (Reuters) - British Prime Minister Boris Johnson said U.S. President Donald Trump was "completely wrong" to encourage his supporters to storm the Capitol on Wednesday. "And as you say, as you suggest, in so far as he encouraged people to storm the Capitol and in so far as the president consistently has cast doubt on the outcome of a free and...

07 January

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Dow Rides Stimulus Optimism Higher; Lawmakers Call for Trump Removal By Investing.com

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By Yasin Ebrahim Investing.com – The Dow rose Thursday, as expectations that Democrats will target further fiscal relief overshadowed rising political tensions as pressure mounts on lawmakers to remove President Donald Trump from office in the wake of Wednesday's riot on Capitol Hill. The Dow Jones Industrial Average rose 0.64%, or 197 points. The S&P 500 was up 1.38%, while the Nasdaq Composite...

07 January

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U.S. suspends French tariffs over digital services tax By Reuters

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By Andrea Shalal WASHINGTON (Reuters) -The United States has indefinitely suspended 25% tariffs on French cosmetics, handbags and other imports it had planned in retaliation for a digital services tax Washington says will harm U.S. tech firms, as it investigates similar taxes elsewhere. The U.S. Trade Representative's office (USTR) said on Thursday that...

07 January

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Canada shares higher at close of trade; S&P/TSX Composite up 0.96% By Investing.com

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Investing.com – Canada equities were higher at the close on Thursday, as gains in the Clean Technology, IT and Healthcare sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite gained 0.96% to hit a new all time high. The biggest gainers of the session on the S&P/TSX Composite were Ballard Power Systems Inc (TSX:BLDP), which rose...

07 January

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Harker Says Fed May Begin Paring Bond Purchases in Late 2021 By Bloomberg

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(Bloomberg) -- The U.S. central bank may begin paring back its bond-buying program as soon as the end of this year, Federal Reserve Bank of Philadelphia President Patrick Harker said. “I could see, potentially, that occurring at the very end of 2021 or early 2022. But it is all going to depend on the...

07 January

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Sharp U.S. Hiring Downshift Projected With More Risks On Horizon By Bloomberg

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(Bloomberg) -- U.S. job growth probably suffered a sharp slowdown in December, with further weakness expected until Covid-19 vaccines reach a larger swath of Americans and restore broader economic activity. Economists project the government jobs report on Friday will show the unemployment rate increased for the first time in eight months with employers hiring 50,000 workers, the fewest since payrolls started to recover...

07 January

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UK retailers face tariffs for re-exporting goods to EU, trade body says By Reuters

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By James Davey LONDON (Reuters) - More than 50 British retailers, including Tesco (LON:TSCO) and Marks & Spencer, face potential tariffs for re-exporting goods to the European Union, their trade body said on Thursday, amid warnings this could make Britain less competitive. Britain clinched a Brexit trade deal with the EU on Dec. 24 that was billed as preserving...

07 January

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British health minister defends decision to space COVID vaccine doses By Reuters

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By Alistair Smout LONDON (Reuters) - Britain's move to delay the second doses of COVID-19 vaccines will help save lives as more people will be able to get some initial protection, health minister Matt Hancock said on Thursday, defending a policy shift questioned by some scientists. The abrupt change of tack on Dec. 30 meant people who had been due to receive...

07 January

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Daimler starting year with optimism after strong finish to 2020 – CEO By Reuters

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FRANKFURT (Reuters) - Daimler is starting the year with optimism after a strong finish to 2020, Chief Executive Ola Kaellenius said on Thursday, adding that sales in the fourth quarter had continued the strong trend seen in the preceding three months. Sales growth in the fourth quarter was "driven by China - but not China alone", Kaellenius told reporters, after reaching 4%...

07 January

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BoE’s Hauser calls for new central bank tools to tackle market upheavals By Reuters

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By William Schomberg LONDON (Reuters) -Financial markets are likely to be hit more often by the kind of upheaval unleashed by the COVID-19 pandemic and central banks need new tools to deal with powerful investment firms at the heart of such events, a Bank of England official said. Non-bank companies, which include pension managers,...

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News

On Capitol violence, Johnson says President Trump ‘completely wrong’ By Reuters

Dow Rides Stimulus Optimism Higher; Lawmakers Call for Trump Removal By Investing.com

U.S. suspends French tariffs over digital services tax By Reuters

Canada shares higher at close of trade; S&P/TSX Composite up 0.96% By Investing.com

Harker Says Fed May Begin Paring Bond Purchases in Late 2021 By Bloomberg

Sharp U.S. Hiring Downshift Projected With More Risks On Horizon By Bloomberg

UK retailers face tariffs for re-exporting goods to EU, trade body says By Reuters

British health minister defends decision to space COVID vaccine doses By Reuters

Daimler starting year with optimism after strong finish to 2020 – CEO By Reuters

BoE’s Hauser calls for new central bank tools to tackle market upheavals By Reuters

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