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Google backs Biden immigration efforts, covers fees in threatened ‘Dreamer’ program By Reuters

By Paresh Dave OAKLAND, Calif. (Reuters) - Alphabet (NASDAQ:GOOGL) Inc's Google said it would support President-elect Joe Biden's efforts to pass a new U.S. immigration law and would help cover application fees for immigrants seeking lawful work under a threatened government program. Google said on Wednesday it would pay for the application fees of about 500 young immigrants seeking employment under the...

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ECB’s Lagarde calls for regulating Bitcoin’s “funny business” By Reuters

FRANKFURT (Reuters) - European Central Bank President Christine Lagarde called on Wednesday for global regulation of Bitcoin, saying the digital currency had been used for money laundering activities in some instances and that any loopholes needed to be closed. Bitcoin has come out of its niche in recent years and is now bought...

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Poland’s CD Projekt working with Sony to bring back Cyberpunk 2077 – PAP By Reuters

(Reuters) - Polish video game maker CD Projekt is working with Sony to bring back its troubled Cyberpunk 2077 game to PlayStation Store, but no date has been agreed, its chief executive Adam Kicinski told PAP news agency on Wednesday. Sony pulled Cyberpunk 2077 from its PlayStation Store last month after complaints about glitches, while Xbox maker Microsoft Corp (NASDAQ:MSFT)...

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Don’t tout investment services to EU clients, watchdog warns banks in Britain By Reuters

LONDON (Reuters) - Some UK-based banks are dodging a ban on offering investment services to EU-based customers by targeting them individually through advertising, the bloc's regulator said on Wednesday, warning of possible legal action over such "questionable" practices. Britain left the European Union on Dec. 31 and their post-Brexit trade deal does not cover financial services, effectively cutting off the City of...

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Japan’s central bank urged to avoid deepening negative rates By Reuters

TOKYO (Reuters) - The Bank of Japan should avoid deepening negative rates, which would further pressure profits, the head of a lobby group of regional banks said, after the central bank vowed to examine measures to make its monetary easing framework more effective. "The monetary easing was effective in terms of Japan's economic growth, but it also had significant impact on regional...

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Public trust crumbles amid COVID, fake news: survey By Reuters

By Mark John LONDON (Reuters) - Trust in governments, business chiefs and media is crumbling amid a perceived mis-handling by leaders of the coronavirus pandemic and a widespread feeling among ordinary citizens that they are being misled, a global survey has found. The Edelman Trust Barometer, which for two decades has polled thousands of people on their trust in core institutions,...

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ECB’s Lagarde sticks to upbeat outlook in face of fresh lockdowns By Reuters

By Alessandra Galloni FRANKFURT (Reuters) - The euro zone economy is still set to rebound this year provided lockdown measures to curb the coronavirus pandemic are lifted by the end of March and vaccines distributed, European Central Bank President Christine Lagarde said on Wednesday. Only last month, the ECB predicted economic growth of 3.9% this year in the bloc of 19 countries...

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UK supermarkets call for “urgent intervention” to ensure supplies to Northern Ireland By Reuters

LONDON (Reuters) - Britain's major supermarkets have warned the government that "urgent intervention" is required to prevent significant disruption to Northern Ireland food supplies in coming months. Britain is no longer part of the European Union's single market and customs union, but the British-run region of Northern Ireland has a foot in both camps – part of the UK's customs territory but also...

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Honda to temporarily halt UK car output due to COVID-related supply issues By Reuters

LONDON (Reuters) - Japanese carmaker Honda said it would halt output at its British factory from Monday to Thursday next week due to COVID-19 related global supply chain issues, the latest production suspension in recent weeks. "The situation is currently being monitored with a view to re-start production on Friday 22 January," the...

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EasyJet says cabin crew to help with UK vaccination programme By Reuters

LONDON (Reuters) - British airline easyJet (LON:EZJ) said the National Health Service (NHS) would train hundreds of its cabin crew to administer COVID-19 vaccines under a fast-track scheme designed to help boost the country's vaccination efforts. EasyJet offered to help with the roll-out of the vaccine in November. With travel at very low levels due to lockdowns, many of...

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