04 December

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Aston Martin’s Stroll says demand is phenomenal, returned first in China

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LONDON (Reuters) - Carmaker Aston Martin is enjoying very strong demand, boosted by a rebound in China, the company's executive chairman and billionaire investor Lawrence Stroll said on Friday. "Demand right now is phenomenal," he told the Financial Times' The Future of the Car digital conference. "China really returned first and strongest, and is gangbusters." ...

04 December

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EU agrees on 2021 budget, waits for lifting of Polish, Hungarian veto

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BRUSSELS (Reuters) - European Union governments and the European Parliament agreed on Friday on the annual EU budget for 2021, but for it to become law, Poland and Hungary will need to lift their veto of the overall 2021-2027 EU budget framework. The 2021 budget for all 27 EU countries is already built on revenue and spending limits set in the EU's...

04 December

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UK COVID R number dips to 0.8-1.0, pandemic shrinking quicker

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LONDON (Reuters) - The estimated reproduction "R" number has dipped to between 0.8 and 1.0, down from 0.9-1.0 a week ago, government scientists said on Friday, adding that the pandemic was estimated to be shrinking quicker than before too. An R number between 0.8 and 1.0 means 10 people with COVID-19 will on average infect between 8 and 10 other people. The...

04 December

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Take Five: The clocks are ticking down

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(Reuters) - 1/BREXIT MARATHON An EU official likened the current state of Brexit negotiations to a marathon where runners are "past kilometre 40" of the just over 42-km race. But four weeks before the transition period expires, a no-deal outcome is clearly a risk. Britain is also about to irk the EU further; on Monday, its parliament will press ahead with...

04 December

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EU plan to label climate-harmful investments faces finance industry pushback

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By Simon Jessop and Kate Abnett LONDON/BRUSSELS (Reuters) - A European Union plan to label polluting activities as "unsustainable" is facing resistance from some leading finance firms, amid concerns it could prevent investment getting to companies trying to clean up their act. The EU's executive Commission last month proposed rules for what can be called a green investment, under its so-called sustainable...

04 December

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U.S. expert Fauci backtracks on criticism of UK on vaccine – NBC

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WASHINGTON (Reuters) - U.S. infectious disease expert Anthony Fauci said on Friday he was reacting to gloating by a British television interviewer when he criticized the country's quick approval of the first coronavirus vaccine. Fauci, longtime director of a leading U.S. government health agency and member of the White House coronavirus task...

04 December

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Airlines see ‘oasis’ in entertainment, energy sectors during pandemic

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By Allison Lampert (Reuters) - Airlines eager to fill premium seats left empty by the coronavirus crisis are making a beeline for the entertainment and energy industries, which still must get their workers to far-off places. Most companies have slashed spending on corporate travel, leaving airlines without a crucial source of revenue....

04 December

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Swiss approve agreement on service workers mobility with Britain

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ZURICH (Reuters) - Switzerland has approved an agreement to allow free movement of service workers between the country and Britain after Brexit, the Bern government said on Friday. The Services Mobility Agreement (SMA) between Switzerland and Britain regulates the mutual access and temporary stay of service suppliers, for example of management consultants, IT experts or engineers for up to 90 days per...

04 December

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Oil Prices Surge on OPEC+, Covid Deaths Record, Payrolls – What’s up in Markets

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By Geoffrey Smith Investing.com -- Crude oil prices surged to an eight-month high as OPEC and its allies maintained a united front on the need for output restraint. Covid-19 deaths in the U.S. hit a new record high and President-elect Joe Biden said he wants Americans to wear a mask for the first 100 days of his presidency. The U.S. labor market report is...

04 December

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FTSE 100 hits nine-month high as oil prices jump

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By Shivani Kumaresan (Reuters) - London's FTSE 100 rose to a nine-month high on Friday as a jump in oil prices boosted energy stocks, while investors remained focussed on Brexit trade talks with only four weeks left for Britain's transition period out of the bloc to end. The blue-chip FTSE 100 rose 0.8%, with BP (LON:BP) and Royal Dutch Shell...

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News

Aston Martin’s Stroll says demand is phenomenal, returned first in China

EU agrees on 2021 budget, waits for lifting of Polish, Hungarian veto

UK COVID R number dips to 0.8-1.0, pandemic shrinking quicker

Take Five: The clocks are ticking down

EU plan to label climate-harmful investments faces finance industry pushback

U.S. expert Fauci backtracks on criticism of UK on vaccine – NBC

Airlines see ‘oasis’ in entertainment, energy sectors during pandemic

Swiss approve agreement on service workers mobility with Britain

Oil Prices Surge on OPEC+, Covid Deaths Record, Payrolls – What’s up in Markets

FTSE 100 hits nine-month high as oil prices jump

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