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London Markets: February deficit hits record high as U.K. public finances worsen
Public sector borrowing hit a new high in February, with the U.K. government borrowing £19.1 billion ($26.6 billion) last month, as spending on measures amid the COVID-19 pandemic continued while tax receipts fell......»»
Retail stock investors don’t need big government interfering: Sen. Toomey
GameStop’s short-squeeze rocked the markets but Pennsylvania Sen. Pat Toomey says Congress should avoid imposing unnecessary restrictions on investors ......»»
London Markets: U.K. home builders rally on reports of new 5% down-payment program
Shares of leading U.K. home builders surged on Monday, on reports the U.K. government will again try to boost homeownership from those struggling to get on the housing ladder......»»
Market Snapshot: Can America undo the economic wrongs of decades? These strategists say yes
President Joe Biden has a once-in-a-generation shot at reshaping much of the American economy, several analysts believe, with big implications for government, policy, and markets......»»
London Markets: A pair of IPOs brighten up a week that sees London stocks underperform
London stocks are set to finish with a 1.6% gain this week, underperforming global indexes as the pound surged. In the middle of it, an IPO blasted off......»»
London Markets: Pound rises as Bank of England says there won’t be negative interest rates for at least 6 months
The pound rose on Thursday after the Bank of England tried to be as cautious as possible in saying it was time to start preparations for adding negative interest rates to its tool kit......»»
: Markets cheer prospects of Mario Draghi as Italian prime minister
The former president of the European Central Bank was invited on Wednesday by Italian President Sergio Mattarella to form a new government......»»
Market Extra: Here’s why foreign central banks are set to reprise role as big buyer of U.S. government debt
As Treasury auctions hit their largest on record, global central banks could help absorb the waves of new government issuance set to hit markets this year......»»
Biden orders ACA insurance markets to reopen for special sign-up window
President Joe Biden on Thursday ordered government health insurance markets to reopen for a special sign-up window.President Joe Biden on Thursday ordered government health insurance markets to reopen for a special sign-up window......»»
London Markets: FTSE 100 weighed down by strong pound and downgrade for Standard Chartered
London stocks were left out of a global move higher for equities on Wednesday, as the pound climbed and banks were dragged south by a Standard Chartered downgrade......»»
London Markets: London markets tread water as England enters third national lockdown with new business support announced
London markets kept their heads above water on Tuesday, as England plunged into a third national lockdown to stem the spread of coronavirus, with the government revealing its new package of business grants......»»
Europe Markets: Pound dips slightly as U.K. and EU reach Brexit trade deal
The pound dipped slightly but remained up for the day on Thursday as the U.K. and EU finally struck a Brexit trade deal......»»
Europe Markets: Pound rallies with U.K. and EU set to announce Brexit trade deal
The pound continued its rally on Thursday as investors expected a Brexit trade deal to be announced within hours......»»
London Markets: Sterling slumps nearly 2% on U.K. border closures and lack of Brexit progress
The pound came under intense pressure on Monday as traders woke up to fresh restrictions on travel out of the U.K. and lack of Brexit progress......»»
London Markets: Sterling slumps more than 1% on U.K. border closures and lack of Brexit progress
The pound came under intense pressure on Monday as traders woke up to fresh restrictions on travel out of the U.K. and lack of Brexit progress......»»
London Markets: Here’s what a ‘shock no-deal’ Brexit could do to the pound
London stocks gave up gains and turned flat on Friday, as investors turned their attention toward the continuing Brexit talks. One analyst lays out what different Brexit scenarios would mean for the pound......»»
Market Extra: British pound surges as U.K. and EU set to go ‘the extra mile’ on Brexit deal
Financial markets are set to parse news that U.K. and EU leaders agreed that they should go “the extra mile” to try to find a compromise on a trade deal, following a Sunday phone conversation......»»
Market Extra: British pound sees a pop as U.K. and EU set to go ‘the extra mile’ on Brexit deal
Financial markets are set to parse news that U.K. and EU leaders agreed that they should go “the extra mile” to try to find a compromise on a trade deal, following a Sunday phone conversation......»»
Equities sink, bonds rise for third day on recovery fears
World stock markets fell for a third day on Thursday and safe-haven bonds rose as disappointing U.S. jobs data and signals by central banks that further government stimulus may be needed stoked investor concerns about the global economic recovery......»»
Coach parent Tapestry starts reopening stores in North America, Europe and additional parts of Asia
Tapestry Inc. said Thursday it has started to reopen stores in North America, Europe and in additional markets in Asia as government regulations on movement ease. By the end of the week, th.....»»