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LONDON: European Central Bank (ECB) officials will set policy this week against a backdrop of investors betting on a global upturn even as the eurozone remains mired in pandemic lockdowns and painfully slow vaccinations.
(Reuters) - Arsenal have reported a loss of 47.8 million pounds ($65.97 million) in the last financial year as the COVID-19 pandemic disrupted schedules and forced games to be played in empty stadiums, the Premier League club said on Friday.
THE idea that much of today’s cash use will shift to digital tokens is neither faddish nor outlandish, as long as you don’t start equating the future of money with bitcoin.
STERLING looks set to extend its rally beyond US$1.40, thanks to the pace of Britain’s Covid-19 vaccine rollout and signs that investors are flocking back to assets out of favour during years of Brexit turmoil.
HONG KONG/LONDON: HSBC Holdings PLC on Tuesday abandoned its long-term profitability target, and unveiled a revised strategy focused mainly on wealth management in Asia after the Covid-19 shock saw its annual profits drop sharply.
LONDON: Sterling looks set to extend its rally beyond US$1.40, thanks to the pace of Britain's COVID-19 vaccine rollout and signs that investors are flocking back to assets out of favour during years of Brexit turmoil.
MARK Carney, former head of the UK and Canadian central banks, has joined the board of U.S. digital payments company Stripe Inc, days after the company was reported to be planning a primary funding round valuing it at over $100 billion.
LONDON: More than 10% of the United Kingdom’s workforce is out of a job and struggling to tap government benefits, exposing economic scars set to remain long after the coronavirus fades.
LONDON: New post-Brexit trade restrictions have pushed up the cost of parts and raw materials for two thirds of small British manufacturers surveyed last month, and a majority reported some level of disruption.