Economic News
Investors turn to renewable energy projects, coal financing costs rise
Investors shift towards increasingly mainstream renewable energy projects is driving up financing costs for those focused on coal.
Football club shares surge as controversial European Super League unveiled
Shares in Juventus and Manchester United rallied on Monday, after long-rumoured plans to form a controversial breakaway European Super League were finally confirmed.
UK launches trial to check if people can be reinfected with Covid-19
British scientists on Monday launched a trial to test to test the immune system response of people who had passed Covid-19 when they were exposed to the virus again.
UK retail footfall jumps 88% in week after reopening
Visits to UK shops jumped by 88% in the first week after non-essential stores were allowed to reopen, a survey showed.
Eurozone banks underreport risky assets - ECB
Large euro zone banks have been underreporting their risky assets by €275bn by using their own models to quantify potential losses, according to the European Central Bank (ECB).
Eurozone construction output falls sharply in February
Construction output fell sharply across the Eurozone in February, official data published on Monday showed.
China starts clinical trials of Covid-19 inhaled vaccine
China’s CanSino Biologics will start clinical trials for a new Covid-19 vaccine that is inhaled rather than injected, the company’s co-founder and Chief Executive Xuefeng Yu said on Sunday.