Commodities
Brexit has led to loss of 2,500 British finance jobs and €170bn moving to France
Britain’s exit from the European Union is the cause of 2,500 finance jobs and €170bn in assets moving to France, said the governor of the Bank of France on Wednesday.
Iran urges Biden to return to 2015 nuclear deal
Iranian President Hassan Rouhani urged US President-elect Joe Biden on the day of his inauguration to return to the 2015 nuclear deal and to lift the sanctions on the Middle Eastern country.
Antofagasta sees solid 2021 after strong final quarter
Antofagasta said it expected a solid performance in 2021 as the miner reported a strong final quarter that supported annual production in line with guidance.
BHP reports strong operational performance
BHP said it produced a strong operational performance in the first half but that it would take a charge of up to $1. 25bn (£910m) on its coal operation in New South Wales.
ByteDance launches mobile payment service Duoyin Pay
Beijing-based ByteDance launched its third-party payment service Douyin Pay on Tuesday as part of its foray into the e-commerce space in China.
US Covid-19 infections drop sharply
The number of new novel coronavirus infections in the US dropped sharply at the start of the week.
German inflation weighed down by VAT cut
Inflation rose only marginally in Germany across 2020, weighed down by the temporary reduction in sales tax and a slump energy prices, official data confirmed on Tuesday.
US needs to 'act big' to counter Covid impact on economy - Yellen
The US needs to take "act big" to counter the economic impact of the Covid-19 pandemic, Treasury Secretary nominee Janet Yellen was expected to say at her Senate confirmation hearing later on Tuesday,.
WHO warns of potential 'catastrophic moral failure' in vaccine rollouts
The head of the World Health Organisation called for what he said would be a more equitable distribution of Covid-19 vaccines globally, warning that it was more important than ever given the appearance of new strains of the novel coronavirus.
Kuaishou's Hong Kong IPO could value company at $60bn
Kuaishou’s initial public offering on the Hong Kong stock exchange could see the Chinese online short video company valued at $60bn.
China GDP grows 2.3% in 2020 after Q4 surge
China’s economy grew by 2. 3% in 2020 in a sharp rebound from the coronavirus pandemic which tore through the country in the early part of the year, according to official figures released on Monday.
Russia to withdraw from Open Skies defence treaty
Russia said it will withdraw from a defence treaty that allows member states to make surveillance flights over each other’s territory.
Pfizer to temporarily slow deliveries as key factory is revamped
Pfizer will slow deliveries of its Covid-19 vaccine over the next three to four weeks in order to upgrade a key facility and boost production across the remainder of 2021.
US consumer confidence only dips in January, University of Michigan says
Consumer confidence in the States only dipped at the turn of the year despite the ongoing novel coronavirus pandemic and poor political headlines, the results of a closely-followed survey revealed.
US retail sales decline in December
US retail sales slipped even further in December amid renewed measures to curb the spread of Covid-19 weighed on spending at restaurants and led to lower levels of foot traffic in shopping malls.
New York manufacturing activity deteriorates in January
Manufacturing activity in the New York jurisdiction unexpectedly deteriorated in January, according to a survey released on Friday.
Microsoft among firms creating digital Covid-19 vaccination passport
Microsoft, Salesforce and Oracle are among a group of companies creating a digital Covid vaccination passport.
US import prices jump past forecasts in December
The cost of goods purchases overseas rose at nearly twice the expected pace at the end of 2020, driven by higher fuel prices.
Most who have had Covid-19 protected for 'at least' five months, study shows
People who have recovered from Covid-19 are "highly likely" to have immunity for at least five months, but may still infect others, a study found.
China trade surplus hits record high
China’s trade surplus hit fresh highs in December, according to official data, fuelled by strong global demand.