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Reuters

Swedish parliament grants government wider shutdown powers
World

Swedish parliament grants government wider shutdown powers

  • Unlike most European countries, Sweden has, up to now, adopted mainly voluntary measures to limit the spread of the virus.
  • This is first and foremost about measures to hinder the spread of the virus, but without imposing unnecessary limits on things that can be done without risking infection.
Published 08 Jan, 2021 05:05pm
Major French city of Strasbourg to have 6 pm COVID curfew
World

Major French city of Strasbourg to have 6 pm COVID curfew

  • At the start of this month, France imposed an earlier curfew in 15 northeastern and southeastern departments to combat the spread of the virus.
  • French Prime Minister Jean Castex said on Thursday that the government was considering adding a further 10 local regions to the 6 p.m. curfew rule.
Published 08 Jan, 2021 04:58pm
Norway aims to more than triple national CO2-price by 2030
World

Norway aims to more than triple national CO2-price by 2030

  • The national levy would gradually increase from around 590 crowns per tonne at present, it said when presenting its "Climate plan 2021-30".
  • Norway, western Europe's largest oil and gas producer, aims to cut its greenhouse gas emissions by 50-55% by 2030 compared with 1990 levels.
Published 08 Jan, 2021 04:51pm
M&S clothing sales cut by British lockdown measures
BR Research

M&S clothing sales cut by British lockdown measures

  • Clothing and home sales down 25.1% in its third quarter.
  • Food sales in the quarter rise 2.2%.
  • M&S says near term trading "very challenging".
  • Says progress with turnaround masked by COVID-19 effects.
  • Shares down 2.3%, down 29% on year.
Published 08 Jan, 2021 04:47pm
Chile says consumer prices rose 0.3pc in December
BR Research

Chile says consumer prices rose 0.3pc in December

  • Inflation registered an increase in the 12 months to December of 3.0%, the National Statistics Institute (INE) said.
  • In its December Monetary Policy Report (IPoM), the agency estimated that inflation would reach 2.8% in 2020.
Published 08 Jan, 2021 04:40pm
Euro zone bond yields fall, ignoring US Treasuries
Markets

Euro zone bond yields fall, ignoring US Treasuries

  • US bond borrowing costs could be headed still higher after reaching 1% this week, on expectations a Democrat-controlled Congress will have the clout to pass more fiscal stimulus.
  • Germany's benchmark 10-year Bund yield fell 1 basis point to -0.524%.
Published 08 Jan, 2021 04:23pm