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20 Май
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Every second counts as startups race to deliver fresh food By Reuters

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рубрика: News

By Kate Holton, James Davey and Douglas Busvine LONDON (Reuters) - In a railway arch in south London, pickers and packers are in a race against time: to get fresh food to the door of Alastair Dean within 15 minutes of his order hitting an app. Their company Weezy is part of a new army of European rapid delivery firms that, backed by billions of dollars of venture capital from Europe, the United States, China and Japan, are using electric bikes and scooters to deliver groceries. They have placed a bet that demand for...

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20 Май
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Britain clears $44 billion Virgin-O2 mobile merger deal By Reuters

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By Pushkala Aripaka and Paul Sandle (Reuters) -Britain's competition regulator cleared a $44 billion merger between broadband company Virgin Media and Telefonica (MC:TEF)'s UK mobile network O2 on Thursday, after a months-long review. Virgin owner Liberty Global (NASDAQ:LBTYA) and Spain's Telefonica agreed the merger a year ago, creating a powerhouse in broadband and mobile to take on market leader BT. "After looking closely at the deal, we are reassured that competition amongst mobile communications providers will remain strong and it is therefore unlikely that the merger would lead to higher prices or...

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20 Май
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Jump in German producer prices points to higher inflation pressure By Reuters

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BERLIN (Reuters) - German producer prices rose by 5.2% year-on-year in April, the biggest increase in nearly a decade, data showed on Thursday, in a further sign that supply bottlenecks are leading to increased inflation pressure in Europe's largest economy. The rise in producer prices followed a 3.7% year-on-year increase in March and compared with a Reuters poll forecast of 5.1%. Compared to the previous month, producer prices were up 0.8% in April, the federal statistics office said. The index looks at factory gate prices, meaning before products or components are further processed or go on...

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20 Май
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Ageing China boosts private sector role as pensions time bomb ticks By Reuters

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рубрика: News

BEIJING (Reuters) - China is tweaking its $1.2 trillion pension system to increase private sector involvement as its population ages rapidly and underfunding looms, but experts say fundamental changes are needed to provide adequate safety nets. The China Banking and Insurance Regulatory Commission (CBIRC), the country's top banking and insurance regulator, said at the weekend that it is expanding a pilot program of private pensions into two more regions - Chongqing and Zhejiang province. And sources with direct knowledge of the matter told Reuters CBIRC is also considering endorsing a list of private pension funds and...

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20 Май
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Euro zone current account surplus narrows in March By Reuters

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FRANKFURT (Reuters) - The euro zone's current account surplus narrowed in March on a drop in the surplus from the trade of goods and services, European Central Bank data showed on Thursday. The bloc of 19 countries sharing the euro recorded an adjusted current account surplus of 17.8 billion euros in March, down from 25.9 billion euros in February but up from the 10.4 billion registered a year earlier, according to adjusted figures. Based on unadjusted data, the surplus widened to 31.0 billion euros from 13.2 billion euros. In the 12 months to March, the...

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20 Май
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Aviva to close three UK property funds hit by pandemic market turmoil By Reuters

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LONDON (Reuters) - Insurer Aviva (LON:AV) said it will close in July three UK property funds that have been suspended since March last year due to market turmoil as the pandemic hit Britain's economy. "During this period of economic uncertainty, it has become increasingly challenging to generate positive returns whilst also providing the necessary liquidity to re-open the funds," Aviva said in a statement late on Wednesday. A strategic review of the funds that began in January has concluded that it would now be in investors’ interests to wind up the funds and...

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20 Май
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Tencent Q1 profit rises 65% as online gaming revenue climbs By Reuters

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By Pei Li HONG KONG (Reuters) -Chinese gaming and social media giant Tencent Holdings Ltd (HK:0700) reported a forecast-beating 65% rise in quarterly profit on Thursday, driven by a surge in users for its video games in China and international markets. Tencent, the world's largest gaming firm by revenue, booked profit of 47.77 billion yuan ($7.42 billion) for the three months through March, higher than the average analyst estimates published by Refinitiv of 35.45 billion yuan. Revenue rose 25% to 135.3 billion yuan, versus market expectations of 134.39 billion yuan. Tencent said revenue from online games...

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20 Май
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Roche aims Tecentriq at early lung cancer after data shows benefit By Reuters

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By John Miller ZURICH (Reuters) - An immunotherapy showed for the first time it can help early-stage lung cancer patients survive longer without their disease returning, according to data on Wednesday, a potential turning point for such drugs to be used before tumours spread. The drug, Tecentriq from Switzerland's Roche, works like other immunotherapies including Merck's Keytruda and Opdivo from Bristol Myers Squibb, helping take the brakes off the immune system. While regarded as an important breakthrough, this class of drugs has so far been deployed against advanced lung cancer that has metastasized, attacking other...

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20 Май
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Australian dollar rises after April jobs data, NZ$ gains By Reuters

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By Swati Pandey SYDNEY (Reuters) - The Australian dollar climbed on Thursday after labour force data showed a faster-than-expected decline in unemployment in April, while the New Zealand dollar gained as well. The Australian dollar jumped to a day's high of $0.7750 from a one-week low of $0.7710 on Wednesday after official figures showed the jobless rate had slipped to a one-year trough of 5.5% compared to economists' forecast of 5.6%. The details were positive too with full-time jobs rising by 34,000 and the underemployment rate diving to 7.8%, even though overall employment surprisingly...

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20 Май
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Credit Suisse goes overweight continental Europe stocks on recovery potential By Reuters

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LONDON (Reuters) - Credit Suisse (SIX:CSGN) said on Thursday it upgraded continental European equities to overweight and predicted they could become potentially a longer-term investment, citing a catch-up in economic recovery, valuations and excess liquidity. "European GDP is 5.5% below previous peak, the U.S. is back to previous peak and we now see a potential catch-up in Europe on the basis of the vaccine roll-out (possibly 70% of the adult population by early September), the fiscal boost (2% of GDP) and excess savings (4.5% of GDP)," Andrew Garthwaite said in a note...

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