Wednesday, May 1, 2024
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UK says chances of Brexit trade deal below 50%, despite EU optimism

Senior British minister Michael Gove said on Thursday that any deal on post-Brexit trade with the European Union would need parliamentary approval before Dec. 31, and put the chances...

EU chief says UK trade pact closer but success not certain

Britain and the European Union moved closer to sealing a new trade deal but it was still not clear if they would succeed, the bloc’s chief executive said on...

Oil prices rise on vaccine optimism and weaker dollar

Oil prices edged higher on Wednesday on a weakening dollar and progress on the rollout of COVID-19 vaccines, though gains were capped by a surprise gain in U.S. crude...

Wall Street set to rise on stimulus hopes; Fed meet in focus

U.S. stock indexes were set to gain on Tuesday as progress toward a massive government spending bill and COVID-19 relief measures kept spirits high, while investors awaited new economic...

Asian stocks dip to one-week lows as infection fears curb vaccine optimism

Asian stocks retreated on Tuesday as worries about increasing COVID-19 deaths and lockdowns overshadowed optimism about the roll-out of coronavirus vaccinations, just days after indexes hit record highs.

AstraZeneca shares fall on “hefty” $39-billion Alexion deal

AstraZeneca shares fell as much as 9% on Monday, as investors moved to price in the costs of a $39 billion deal for U.S. biotech company Alexion Pharmaceuticals that...

Stocks hold out hope for vaccine-led recovery, U.S. stimulus

Stocks began a busy week with guarded gains as investors gauged the chance of added U.S. fiscal and monetary stimulus, while the British pound rose in relief as a...

Insurers jostle to give dealmakers cover for when things go wrong

A record rebound in merger activity this year and a rise in litigation has brought with it an upsurge in insurance policies that give companies and private equity firms...

Oil set for weekly gain amid coronavirus vaccine progress

Oil prices eased on Friday, but were set for a sixth week of gains as progress towards novel coronavirus vaccination programmes fed hopes that demand for fuel would rebound...

Bank of England says has full armoury to deal with any Brexit disruption

The Bank of England took steps on Friday to keep banks lending through 2021 as Britain copes with the COVID-19 pandemic, saying it was ready to deal with any...