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Carrefour shares slump as proposed Couche-Tard deal unravels By Reuters

PARIS (Reuters) - French supermarket group Carrefour (PA:CARR)'s shares slid by nearly 6% on Monday after a possible takeover by Canadian rival Alimentation Couche-Tard Inc (TSX:ATDb) unravelled over the weekend. Couche-Tard dropped its 16.2 billion euro ($19.6 billion) bid for Carrefour after the French government opposed the deal, citing food security concerns, though the two companies said they would...

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India shares lower at close of trade; Nifty 50 down 1.06% By Investing.com

Investing.com – India equities were lower at the close on Monday, as losses in the Metals, Public Sector Undertakings and Healthcare sectors propelled shares lower. At the close in NSE, the Nifty 50 lost 1.06%, while the BSE Sensex 30 index lost 0.96%. The biggest gainers of the session on the Nifty 50 were UPL Ltd (NS:UPLL), which rose 6.21% or...

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Dark days are far from over: Five questions for the ECB By Reuters

By Dhara Ranasinghe and Ritvik Carvalho LONDON (Reuters) - The European Central Bank will this week face more questions about an increasingly challenging outlook only a month after it unleashed fresh stimulus to bolster the euro zone economy. Policymakers boosted emergency bond buys by 500 billion euros ($607 bln) in December. But resurgent COVID-19 cases, new restrictions on activity in countries including...

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UK is vaccinating 140 people per minute on average, minister says By Reuters

LONDON (Reuters) - The United Kingdom is vaccinating 140 people per minute against COVID-19 on average, Vaccine Deployment Minister Nadhim Zahawi said on Monday. "It is going well, we're vaccinating on average 140 people, that's first jab, literally a minute. That's the average so some areas are doing better," Zahawi told Sky. "You'll see that improve as we open more of...

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European Stock Futures Lower; Virus Cases Sour Mood By Investing.com

By Peter Nurse  Investing.com - European stock markets are seen opening marginally lower Monday, starting the week on a downbeat note given Covid-related concerns,  and not reassured by healthy-looking Chinese economic growth. At 2:10 AM ET (0710 GMT), the DAX futures contract in Germany traded 0.3% lower, CAC 40 futures in France dropped 0.6% and the FTSE 100 futures contract in the U.K....

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Japan shares lower at close of trade; Nikkei 225 down 0.97% By Investing.com

Investing.com – Japan equities were lower at the close on Monday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 declined 0.97%. The biggest gainers of the session on the Nikkei 225 were Denso Corp. (T:6902), which rose 2.07% or 119.0 points to...

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Some Conservative MPs set to oppose withdrawal of benefits increase – FT By Reuters

(Reuters) - Some Conservative members of Parliament will vote against UK Prime Minister Boris Johnson on Monday over his plans to end the emergency increase to benefits for about 6 million people, the Financial Times reported https://www.ft.com/content/d47f3e67-73ab-459f-96fb-38fd30faf2ea. Stephen Crabb, former work and pensions secretary, and Paul Maynard, former transport minister are among those expected to vote against the government, the report...

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Gold Extends Decline on Dollar Strength as Stimulus Faces Debate By Bloomberg

(Bloomberg) -- Gold extended declines on a stronger dollar and the currency’s outlook, while investors assess the timeline for the U.S. stimulus package. Former Federal Reserve Chair Janet Yellen is expected to affirm the U.S.’s commitment to market-determined exchange rates when she testifies on Capitol Hill Tuesday, and she will make clear the U.S....

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Tesla says starts delivering Shanghai-made Model Y in China By Reuters

BEIJING/SHANGHAI (Reuters) - Tesla Inc said on Monday it has started delivering its Shanghai-made Model Y sports utility vehicles to customers in China. A representative for the U.S. automaker made the comment in response to a query from Reuters. The company obtained permission to start selling the cars from the Chinese government in November and has set a starting price...

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