LONDON (Reuters) - The British government said on Wednesday more areas of England would be placed under the strictest COVID-19 restrictions as a highly infectious variant of the virus is spreading across the country. Health Secretary Matt Hancock said the Midlands, the north east, parts of the north west and parts of...
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(Bloomberg) -- The U.K. is set to join the U.S., Canada and most other countries whose residents are unwelcome visitors to the European Union because they haven’t sufficiently contained the coronavirus outbreak. EU governments are making no changes to their common travel “white list” in the immediate run-up to Britain’s scheduled departure from the...
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(Bloomberg) -- The European Union and China announced the political approval of a long-sought agreement to open the Chinese market further to EU investors, marking an economic victory for both sides. The breakthrough in negotiations on an EU-China investment accord signals the bloc’s determination to focus on economic opportunities in Asia even amid criticism of Beijing’s record on human rights. The accord could...
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(Reuters) -Acadia Healthcare Company Inc said on Wednesday it would sell its UK unit, The Priory Group, to Waterland Private Equity for about 1.08 billion pounds ($1.47 billion), more than four years after acquiring the business. The company said it expects proceeds of about $1.35 billion from the sale, with the amount set to be used for paying down debt. Shares...
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RIO DE JANEIRO (Reuters) - AstraZeneca said on Wednesday it is working efficiently and transparently to bring its vaccine to Brazil as fast as possible, adding that it remains committed to seeking full regulatory approval in Brazil after authorization in the UK. In a statement, AstraZeneca said it would keep up the ongoing submission of its late-stage trial results, but...
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(Reuters) - U.S. jeweler Tiffany & Co (NYSE:TIF)'s shareholders on Wednesday approved a $15.8 billion deal with France's LVMH (PA:LVMH), ending an acrimonious dispute between the two luxury retailers that had stretched for more than a year. As agreed in October, LVMH will pay $131.5 per share, down from $135 in the original deal signed late last year. ...
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By Geoffrey Smith Investing.com -- Senate Leader Mitch McConnell thwarts Donald Trump’s plan for higher stimulus payments, the U.K. approves the AstraZeneca/Oxford University vaccine, and Bitcoin reaches another all-time high. Here’s what you need to know in financial markets on Wednesday, December 30th. 1. McConnell defies Trump’s stimulus call President Donald Trump’s efforts to increase the part of the recent $900 billion stimulus package...
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By Sarah Marsh and Nelson Acosta HAVANA (Reuters) - A major monetary reform that will hike prices and state wages in Cuba starting on Friday is sparking widespread uncertainty as the Communist-run island resumes market-oriented changes to its Soviet-style economy after years of flip-flopping. The reform, announced earlier this month by President Miguel...
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(Bloomberg) -- Prime Minister Giuseppe Conte said Italy won’t make full use of European Union pandemic recovery funds amid growing concerns over rising public debt and the country’s ability to effectively use the funds. “We cannot use all the loans that we’re given,” Conte said on Wednesday during his year-end press conference in Rome. “There is a limit, we have to be credible...
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By Stephen Nellis SAN FRANCISCO (Reuters) - Activist investor Daniel Loeb wants Intel Corp (NASDAQ:INTC) to consider splitting its huge chip manufacturing operations from its chip design and development business, but analysts say doing so could weaken both businesses unless the firm can form a joint venture. For more than 50 years, Intel has operated on the idea that both...
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