LONDON (Reuters) - Ferry firm Stena Line's role in the roll-out of Pfizer (NYSE:PFE)'s COVID-19 vaccine is going well, and the firm is prepared to deal with any eventuality of Brexit trade talks, the company's Brexit chief said on Friday. "We have trust and confidence in the government to use these last few days (of Brexit talks) wisely...
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MILAN (Reuters) - Luxury brand Gucci, owned by French group Kering (PA:PRTP), will give at least $500,000 (£370,900) to UNICEF to help supply and distribute COVID-19 vaccines to vulnerable people around the world, it said on Friday. In addition to the $500,000 donation, Gucci said it would match money raised for...
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BRUSSELS (Reuters) - EU antitrust regulators on Friday ordered Italy to end tax exemptions for the country's ports because these give them an illegal advantage in breach of the bloc's state aid rules. The European Commission, whose decision came after a year-long investigation, said profits earned by port authorities from economic activities must be taxed under normal corporate tax laws. "The tax...
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LONDON (Reuters) - Opening its doors to a live audience for the first time since the coronavirus pandemic took hold in March, London's Dominion Theatre is getting ready to put on a socially distanced, concert-style production of musical "A Christmas Carol". The more than 2,000-seat theatre will be able to host fewer than 1,000 per show and the 28 cast members...
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LONDON (Reuters) - Lidl GB, the British arm of the German discount supermarket group, said on Friday it would refund over 100 million pounds ($135 million) of business rates relief received due to the COVID-19 pandemic to the British government and the devolved administrations. Most of Britain's supermarket groups have already said they will return the relief. "Looking ahead, as footfall in...
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Investing.com – India equities were higher at the close on Friday, as gains in the Banking, Consumer Durables and Fast Moving Consumer Goods sectors propelled shares higher. At the close in NSE, the Nifty 50 added 0.95% to hit a new all time high, while the BSE Sensex 30 index climbed 1.00%. The biggest gainers of the session on the Nifty...
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(Reuters) - Aston Martin said on Friday its shareholders approved the luxury car maker's plans to inject 125 million pounds in new capital, in an effort to turnaround its loss-making business. The capital raising plan proposed by the company, popular for being James Bond's carmaker of choice, included Daimler unit Mercedes being given shares in exchange for expanding an existing supply...
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MILAN (Reuters) - Alitalia will offer COVID-tested flights from Rome to New York starting from Dec. 8, the airline and the company running the Fiumicino airport, Aeroporti di Roma, said in a joint statement on Friday. The announcement follows a health ministry order issued late last month and in force until Feb. 15 under which passengers flying between Rome and some...
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LONDON (Reuters) - Bank of England policymaker Michael Saunders said on Friday the effective floor for interest rates might be a "little below zero" although there was "considerable uncertainty" over its exact level. "This has several implications for the appropriate setting of monetary policy at present," Saunders said in a speech. The BoE is currently reviewing the operational feasibility of taking its...
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BEIJING (Reuters) - The former chairman of Huachen Automotive Group Holdings, parent of BMW AG's joint venture partner Brilliance China, is under investigation for suspected violation of discipline, China's graft watchdog said on Friday. A Chinese court has accepted an application from a creditor of Huachen seeking the restructuring of the state-owned company, which defaulted on 6.5 billion yuan ($987.48 million) in...
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