Category: Europe

Reuters Malaysia’s Axiata joins hands with RHB Bank to seek digital bank licence KUALA LUMPUR (Reuters) -Malaysian telecoms firm Axiata Group Bhd and RHB Bank Bhd said on Wednesday they have teamed up to apply for for a digital banking licence, joining what is expected to be a crowded field for a handful of licences […]

Reuters Malaysia’s Axiata joins hands with RHB Bank to seek digital bank licence KUALA LUMPUR (Reuters) -Malaysian telecoms firm Axiata Group Bhd and RHB Bank Bhd said on Wednesday they have teamed up to apply for for a digital banking licence, joining what is expected to be a crowded field for a handful of licences […]

Reuters Malaysia’s Axiata joins hands with RHB Bank to seek digital bank licence KUALA LUMPUR (Reuters) -Malaysian telecoms firm Axiata Group Bhd and RHB Bank Bhd said on Wednesday they have teamed up to apply for for a digital banking licence, joining what is expected to be a crowded field for a handful of licences […]

Reuters Malaysia’s Axiata joins hands with RHB Bank to seek digital bank licence KUALA LUMPUR (Reuters) -Malaysian telecoms firm Axiata Group Bhd and RHB Bank Bhd said on Wednesday they have teamed up to apply for for a digital banking licence, joining what is expected to be a crowded field for a handful of licences […]

Israel, which has been leading the global vaccine rollout, has held off vaccinating eligible 12- to 15-year-olds pending the health ministry’s report. Photo: Ina Fassbender/AFP via Getty Images Israel has said it has found a probable link between the Pfizer (PFE) coronavirus vaccine and a small number of heart inflammation cases in young men under […]

Placards from Once Agency estates agents advertising properties For Sale and Sold in Stoke-on-Trent, England. Photo: Nathan Stirk/Getty Images Britain’s mortgage boom cooled slightly in April even as house prices continue to race ahead. New figures from the Bank of England show mortgage borrowing fell back to £3.3bn ($ 4.7bn) in April, down from a […]

A commuter walks along the Thames Path in view of skyscrapers in the City of London square mile financial district – Hollie Adams /Bloomberg 07:28 AM UK to lay out trans-Pacific trade deal plans in coming weeks Britain will publish details of its plans to join a trans-Pacific trading group in the coming, trade minister […]

London’s FTSE 100 surged higher in the first trading session of the week on Tuesday, as mining stocks led the charge. The blue chip index closed 57 points higher at 7,080, while the FTSE 250 closed 191 points higher at 22,874. Indices on Wall Street had mixed finishes later, dragged by technology and healthcare stocks. […]

London’s FTSE 100 surged higher in the first trading session of the week on Tuesday, as mining stocks led the charge. The blue chip index closed 57 points higher at 7,080, while the FTSE 250 closed 191 points higher at 22,874. Indices on Wall Street had mixed finishes later, dragged by technology and healthcare stocks. […]

London’s FTSE 100 surged higher in the first trading session of the week on Tuesday, as mining stocks led the charge. The blue chip index closed 57 points higher at 7,080, while the FTSE 250 closed 191 points higher at 22,874. Indices on Wall Street had mixed finishes later, dragged by technology and healthcare stocks. […]

Wednesday, 2nd June German Retail Sales (MoM) (Apr) Thursday, 3rd June Spanish Services PMI (May) Italian Services PMI (May) French Services PMI (May) Final German Services PMI (May) Final Eurozone Markit Composite PMI (May) Final Eurozone Services PMI (May) Final Friday, 4th June German IHS Markit Construction PMI (May) Eurozone Retail Sales (MoM) (Apr) ECB […]

Sterling hit a high of $ 1.425 against the dollar. Photo: Dinendra Haria/SOPA Images/LightRocket via Getty Images The pound reached to a three-year high against the dollar on Tuesday, boosted by thin trade that gave relatively small market moves outsized influence on the price. Sterling hit a high of $ 1.425 against the dollar (GBPUSD=X) […]

Heinz Tomato ketchup on a store shelf. Photo: Igor Golovniov/SOPA Images/LightRocket via Getty Images Kraft Heinz (KHC) has said it will bring the manufacturing of ketchup, mayonnaise and salad cream back to the UK over the next four years, in what will be one of the biggest investments in UK manufacturing since Brexit.  The company […]

Bloomberg China’s Factory Outlook Holds Firm as Recovery Passes Peak (Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.A gauge of China’s manufacturing industry was little changed in May as soaring input prices weighed on smaller factories, suggesting the economy’s recovery momentum might have peaked for […]

Bloomberg Exxon Exits Oil Exploration Prospect in Ghana After Seismic Work (Bloomberg) — Exxon Mobil Corp. is pulling out of a deep-water oil prospect in Ghana just two years after the west African nation ratified an exploration and production agreement with the U.S. oil titan.The company relinquished the entirety of its stake in the Deepwater […]

“There will be no broad-based recovery without an end to the health crisis. Access to vaccination is key to both,” the orgnisations said. Photo: Reuters Top international agencies representing global health and the economy have told government leaders around the world to finance a $ 50bn (£35bn) package to end the coronavirus pandemic by increasing […]

Governor of the Bank of England Andrew Bailey. Photo: PA Bank of England (BOE) governor Andrew Bailey doubled down on promises to carry out policies crucial to meeting the UK’s net-zero goals in a speech to a conference on Tuesday afternoon.  Outlining the bank’s position he stressed the importance of adapting to the “significant transformations” […]

Bloomberg AMC Surges as Deal With Mudrick Raises Cash to ‘Go on Offense’ (Bloomberg) — AMC Entertainment Holdings Inc. gained Tuesday, extending last week’s rally, after raising $ 230.5 million with a stock sale to Mudrick Capital Management as the movie-theater operator pledged to “go on offense” with acquisitions.The agreement with New York-based Mudrick is […]

TipRanks Oppenheimer: These 2 Stocks Have Triple-Digit Gains in Sight When the best talk, people listen. It works in all walks of life, but especially the stock market. Investors are keen to read the latest stock reviews from Wall Street’s professional analysts, but knowing who’s the best is the place to start. Covering the markets […]

Young woman working from home office and having video conference. New research has shown that office workers expect the cost of their energy bills to be the biggest strain on their finances as a result of hybrid working.  A new analysis by comparison and switching site energyhelpline.com shows that each day regularly working from home […]