Full List Of Stories
Netflix to spend $1bn on production in UK in 2020
Netflix is set to raise its spending on production of TV shows and films in the UK to $1bn this year despite the break in filming due to the coronavirus pandemic.
London job vacancies suffer hardest fall among EU capital cities
London has suffered the biggest fall in job opportunities among Europe’s biggest cities, according to a report by Indeed that showed the effect of Covid-19 on capitals across the region.
Washington to add China's SMIC and CNOOC to blacklist
The Trump administration is poised to add Chinese chipmaker SMIC and oil and gas producer CNOOC its blacklist.
Monday broker round-up
Bodycote: JP Morgan downgrades to underweight with a target price of 635p.
US agency to probe 115,000 Tesla vehicles
US automobile safety officials on Friday said they had opened an investigation into 115,0000 Tesla vehicles over safety issues linked to their suspension systems.
UK Black Friday online sales expected to beat record
Internet industry body IMRG said that the online sales for this year’s Black Friday are expected to reach an all-time high.
CMA to announce plans to limit power of tech giants in UK
The Competition and Markets Authority is set to announce plans to limit the power of Google, Facebook and other tech giants to allow space for competition for smaller businesses.
Repsol cuts dividend for 2021 as it plans boost for renewables
Repsol is set to reduce its dividend in 2021 as it plans to wind down its search for oil in a shift to expand its renewable capacity during the next 10 years.
Disney to lay off 32,000 workers in first half of 2021
Disney has upped the number of layoffs it will make in the first half of next year to 32,000 from 28,000.
Tesla to recall more than 9,000 Model X cars
Tesla filed to recall about 9,136 Model X cars, the National Highway Traffic Safety Administration said on Wednesday.
FCC rejects ZTE petition to lift 'national security threat' designation
The Federal Communications Commission rejected Chinese company ZTE’s petition to remove its designation as a “national security threat. ”.
Shell UK narrows gender pay gap in 2020
Royal Dutch Shell’s female employees in Britain earned 18% less on average than their male colleagues in 2020, a pay gap that has narrowed since 2019.
Wednesday broker round-up
Codemasters Group: Berenberg downgrades to hold with a target price of 485p.
Airlines could lose $157bn in 2020-21 - IATA
Airlines could lose a total $157bn this year and next, the International Air Transport Association warned on Tuesday.
UK startup Caura to start offering insurance
UK car startup Caura will now offer vehicle insurance to make ownership less problematic.
UK government to double subsidies for renewable energy in 2021
The UK government plans to double the amount of green energy it will subsidise in 2021 as it agrees to include onshore power projects.
