Economic News
Pfizer-BioNTech Covid-19 vaccine effective against new strain, fresh study shows
The Covid-19 vaccine developed by Pfizer and BioNTech is capable of neutralising the strain of the novel coronavirus detected in the UK, a new study confirmed.
WHO chief welcomes EU proposal for pandemic preparedness treaty
World Health Organization (WHO) chief Tedros Adhanom Ghebreyesus welcomed on Wednesday a proposal from the European Council to negotiate a global treaty on pandemic preparedness.
EU antitrust probe looks into Google's advertising practices
EU antitrust regulators have requested information from advertisers regarding Google’s practices in the advertising technology space.
UK house prices soar to fresh highs - ONS
UK house prices rocketed to fresh highs in November, official data showed on Wednesday, with the average cost of buying a home in London topping £500,000 for the first time.
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.
Eurozone inflation dips in line with forecasts
Eurozone inflation dipped in line with expectations in December as declines in countries such as Greece and Ireland offset rising prices in Poland and Hungary, official figures showed.
UK inflation rises in December despite Covid curbs
UK inflation nudged higher in December, official data showed on Wednesday, despite the latest round of lockdown restrictions closing many shops and leisure outlets.