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European Union

Dollar stands tall as euro zone outlook darkens
Markets

Dollar stands tall as euro zone outlook darkens

  • Those concerns were amplified after retail sales in Germany, Europe's biggest economy, plunged by more than forecast in December, according to data on Monday.
  • Against the dollar, the euro was trading at $1.2078, just above an early December low of $1.2056 the day before.
Published 02 Feb, 2021 05:47pm
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