22 December

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Anger grows as truckers stranded in England miss Christmas at home

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By Ben Makori and Gerhard Mey DOVER, England (Reuters) - Dan Jinca, a Romanian truck driver stranded in England after much of the world shut its borders to Britain, is angry, and he is not alone. The 47-year-old will miss Christmas at home and he thinks the official excuse for the border closures - a new variant of the novel coronavirus spreading...

22 December

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Wall Street Opens Mixed as Novel Virus Continues to Weigh; Dow Down 140 Pts

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By Geoffrey Smith Investing.com -- U.S. stock markets opened mixed on Tuesday, with the discovery of a new strain of the Covid-19 virus - and all that that may imply for fresh restrictions on the economy in the new year - continued to weigh on sentiment. By 9:55 AM ET, the Dow Jones Industrial Average was down 142 points, or 0.5%, at 30,074...

22 December

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Federal Reserve orders Credit Suisse to strengthen anti-money laundering policies

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WASHINGTON (Reuters) - The U.S. Federal Reserve ordered Credit Suisse (SIX:CSGN) Group AG on Friday to strengthen its anti-money laundering policies after bank examiners found deficiencies in its U.S. operations. The order directs the bank to adopt a formal plan to overhaul its policies within 90 days to ensure it is appropriately monitoring for illicit activity, and regularly report...

22 December

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U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.52%

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Investing.com – U.K. equities were higher at the close on Tuesday, as gains in the Industrial Transportation, Healthcare Equipment & Services and Electrical sectors propelled shares higher. At the close in London, the Investing.com United Kingdom 100 gained 0.52%. The biggest gainers of the session on the Investing.com United Kingdom 100 were International Consolidated Airlines Group S.A. (LON:ICAG), which rose 5.28%...

22 December

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French aerospace firms face industrial tensions over job cuts

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By Julie Rimbert TOULOUSE, France (Reuters) - Job losses are rippling through the French aerospace supply chain, prompting sporadic strike action in the traditionally strife-free sector as unions warn of Christmas redundancy notices. In the village of Mondouzil near Toulouse, 20 employees of precision machining company Cauquil have staged strikes for the first time over the loss of 35 out of 76...

22 December

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Comic: As its Ratings Collapse, Brexit Saga Grinds Toward a Grim Conclusion

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By Geoffrey Smith Investing.com -- Once upon a time, sagas were exciting, exaggerating and immortalizing the heroic feats of Viking warriors, slaying monsters, winning demi-goddesses as brides and what-not. But there was a catch. Given the general lack of entertainment on long northern nights in the Dark Ages (aside from drinking and brawling), there was no pressure on the writers and performers to...

22 December

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U.S. Consumer Confidence Unexpectedly Drops, Hits Four-Month Low

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(Bloomberg) -- U.S. consumer confidence unexpectedly fell in December to a four-month low amid surging Covid-19 cases that are spurring more states to tighten restrictions on businesses and travel. The Conference Board index decreased to 88.6 from a downwardly revised 92.9 reading in November, according to a report from the group Tuesday. That was...

22 December

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UK’s SSE agrees sale of gas assets to Viaro Energy for 120 million stg

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By Nina Chestney LONDON (Reuters) -British power producer SSE (LON:SSE) said on Tuesday it has agreed to sell its portfolio of natural gas exploration and production assets to UK-based upstream energy company Viaro Energy for 120 million pounds ($161 million). The transaction is subject to regulatory approval and partner consent, the company said. The...

22 December

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IMF Warns Euro-Area Recovery May Slow, Stimulus Still Needed

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(Bloomberg) -- The euro area is in danger of seeing a slower economic recovery in 2021 than previously expected, and may need more stimulus as a resurgent coronavirus sweeps through the continent, the International Monetary Fund said. Risks will remain on the downside into the new year and the timing of a rebound will depend on how quickly and effectively a vaccine is...

22 December

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U.S. Economic Rebound Is Patchwork of Virus Risk and Rules

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(Bloomberg) -- The U.S. economy has splintered along state and city lines, with the speed of the rebound largely dependent on the magnitude of local business restrictions to combat an unending surge in Covid-19 cases. California and Illinois, where some of the strictest measures have been imposed, saw jumps in state unemployment filings this month that helped push the weekly U.S. total to...

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News

Anger grows as truckers stranded in England miss Christmas at home

Wall Street Opens Mixed as Novel Virus Continues to Weigh; Dow Down 140 Pts

Federal Reserve orders Credit Suisse to strengthen anti-money laundering policies

U.K. shares higher at close of trade; Investing.com United Kingdom 100 up 0.52%

French aerospace firms face industrial tensions over job cuts

Comic: As its Ratings Collapse, Brexit Saga Grinds Toward a Grim Conclusion

U.S. Consumer Confidence Unexpectedly Drops, Hits Four-Month Low

UK’s SSE agrees sale of gas assets to Viaro Energy for 120 million stg

IMF Warns Euro-Area Recovery May Slow, Stimulus Still Needed

U.S. Economic Rebound Is Patchwork of Virus Risk and Rules

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