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European Union

London Stock Exchange completes Refinitiv deal
Markets

London Stock Exchange completes Refinitiv deal

  • Brussels is reviewing whether to grant long-term clearing access, but in the meantime is piling pressure on euro zone banks to shift their derivatives clearing business from the LSE to rivals like Eurex on the continent.
Published 29 Jan, 2021 02:44pm
EU snubs UK envoy amid spat over diplomatic status
World

EU snubs UK envoy amid spat over diplomatic status

  • The official, who declined to be named, said the postponement was due to a lack of clarity about the diplomatic status of EU representatives in Britain.
  • A British government source declined to comment on the postponement of Croisdale-Appleby's meeting and said the diplomatic status issue remained subject to negotiation.
Published 28 Jan, 2021 06:49pm
Britain wants the vaccines it has ordered, minister says
World

Britain wants the vaccines it has ordered, minister says

  • "I think we need to make sure that the vaccine supply that has been bought and paid for, procured for those in the UK, is delivered," Gove told LBC Radio.
  • "But of course, we're always going to work with our friends and neighbours, we have to make sure that we can do everything we can to help them."
Published 28 Jan, 2021 06:13pm
Oil falls on demand fears, strengthening dollar
Markets

Oil falls on demand fears, strengthening dollar

  • Britain, in lockdown since Jan. 4, on Wednesday clamped down on travel, requiring people arriving from high-risk COVID-19 countries to quarantine for 10 days and barring outbound trips for all but exceptional reasons.
Published 28 Jan, 2021 10:52am
Latest on worldwide spread of the coronavirus
World

Latest on worldwide spread of the coronavirus

  • The daily number of new coronavirus infections in France stayed above 20,000 on average for the fourth straight day on Tuesday, while hospitalisations reached an eight-week high of 27,041.
Published 27 Jan, 2021 02:49pm
UK sells arms to 80% of countries under restrictions: Report
World

UK sells arms to 80% of countries under restrictions: Report

  • British officials have approved the sale of arms to nearly four-fifths of countries subject to arms embargos, sanctions and other restrictions, over the past five years.
  • The United Kingdom has exported military hardware to 58 countries, out of 73 listed as subject to restrictions by the Department for International Trade, including Pakistan, Kenya and China.
Updated 26 Jan, 2021 07:27pm