23 December

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British Land sells 75% stake in West End buildings for £401 million

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(Reuters) - British Land Plc said on Wednesday it had sold a 75% stake in three buildings in the West End in London for 401 million pounds ($538.8 million) to Allianz (DE:ALVG) Real Estate, as the mall and office owner divests its non-core assets. The company, which owns properties such as the Broadgate shopping and office complex in London, said the...

23 December

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Cyberpunk 2077 sales miss analyst estimates after players demand refunds

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By Anna Pruchnicka (Reuters) -Polish video game maker CD Projekt SA said it sold more than 13 million copies of its Cyberpunk 2077 game through Dec. 20, below analyst forecasts, hurt in part by refunds demanded by players who complained it was littered with bugs. A futuristic role-playing game featuring Hollywood star Keanu Reeves, Cyberpunk 2077 was widely seen as one of...

23 December

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Northern Ireland looks south as Brexit takes bite out of UK trade links

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By Padraic Halpin and Kate Holton DUBLIN/LONDON (Reuters) - As a major supplier of food in Northern Ireland, Lynas Foodservice is sourcing more goods such as cheese from across the open border with EU-member Ireland to avoid the bureaucratic trade hurdles being erected with Britain after Brexit. The supplier of coffee chains,...

23 December

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I’m kicking myself: Scottish first minister sorry for mask error

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LONDON (Reuters) - Scotland's First Minister Nicola Sturgeon issued an apology on Wednesday after she was photographed at an indoor event without wearing a mask in breach of strict COVID-19 rules. Sturgeon, the leader of the nationalist Scottish National Party, was pictured talking to a group of women in a pub following a funeral in Edinburgh last week without a face covering....

23 December

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Bank of England must have ‘laser focus’ on inflation – Haldane

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LONDON (Reuters) - The Bank of England must have a "laser focus" on keeping inflation expectations in check once the COVID-19 crisis eases, the central bank's Chief Economist, Andy Haldane, said in an interview with Bloomberg. "The last thing the world needs right now is a nasty inflation surprise," Haldane said, echoing comments...

23 December

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European shares rise on Brexit trade deal hopes

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(Reuters) - European shares rose on Wednesday as a report that a Brexit trade deal could be struck later in the day cheered investors amid concerns over the passage of a much-awaited U.S. pandemic aid bill. The pan-European STOXX 600 index traded 0.4% higher after political editor Robert Peston at Britain's ITV (LON:ITV) said a Brexit trade deal between...

23 December

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FTSE 100 slips as pound weighs, midcaps gain

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(Reuters) - UK's FTSE 100 slipped on Wednesday as a stronger pound weighed on the exporters, while midcap stocks rose as France agreed to lift a ban on freight from Britain imposed to contain a new coronavirus variant. The blue-chip FTSE 100 fell 0.2% by 0807 GMT, underperforming its European peers that rebounded from a sell-off on fears about the highly infectious...

23 December

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Marston’s to take over struggling Brains pubs in Wales

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(Reuters) -Marston's said on Wednesday it would take over Brains' 156 pubs in Wales in a deal that would save 1,300 jobs, as Britain's latest round of COVID-19 lockdowns hammer pub and restaurant operators during the crucial Christmas season. The financial terms of the transaction were not disclosed, but Marston's said the deal would address Brains' funding requirements. The London-listed company...

23 December

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Analysis: Investors bet weak dollar will keep risk rally going in 2021

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By Saqib Iqbal Ahmed NEW YORK (Reuters) - Investors are counting on a weakening dollar to boost rallies in everything from U.S. stocks to emerging markets and industrial metals in 2021. Record-low U.S. interest rates, massive financial stimulus and a growing appetite for risk are among the catalysts that contributed to the dollar’s 6% drop against a basket of its peers...

23 December

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Empty stores and offices: how Sweden aims to plug housing gap

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By Simon Johnson STOCKHOLM (Reuters) - Sweden may have too many shops and offices after the pandemic. It doesn't have enough homes. It spies an opportunity. A seismic shift towards online shopping and working from home has been painful for many businesses, but has given the Nordic nation the chance to address an...

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News

British Land sells 75% stake in West End buildings for £401 million

Cyberpunk 2077 sales miss analyst estimates after players demand refunds

Northern Ireland looks south as Brexit takes bite out of UK trade links

I’m kicking myself: Scottish first minister sorry for mask error

Bank of England must have ‘laser focus’ on inflation – Haldane

European shares rise on Brexit trade deal hopes

FTSE 100 slips as pound weighs, midcaps gain

Marston’s to take over struggling Brains pubs in Wales

Analysis: Investors bet weak dollar will keep risk rally going in 2021

Empty stores and offices: how Sweden aims to plug housing gap

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