The French government is asking its fishing industry to be prepared for a smaller catch after Brexit, said a report published by the news agency Reuters quoting sources form the industry. This is a clear signal that the French President… Read More ›
Month: October 2020
Barclays Beats Expectations For Q3 With Steep Drop In Provisions For Bad Loans
A net profit of £611 million ($797.7 million) was reported for the third quarter by the British bank Barclays on Friday as the lender attempts to stage a recovery from the hit it took because of the novel coronavirus pandemic…. Read More ›
Post-Brexit Trade Deal Formally Signed Between Britain And Japan
The first big post-Brexit trade deal for the UK was signed after it formally inked a trade agreement with Japan. Under the deal, which was announced last month, no tariffs would be imposed on nearly all its exports to Japan… Read More ›
Wells Fargo exploring sale of asset management business: Sources
In what is likely to be Wells Fargo & Co’s biggest shake up since former Bank of New York Mellon chief executive Charles Scharf joined the bank as its CEO in 2019, sources familiar with the matter at hand have… Read More ›
British government job support schemes likely to be hit with $5 billion fraud: National Audit Office
In a significant development, Britain’s spending watchdog stated, “British companies may have fraudulently claimed up to $5.1 billion (3.9 billion pounds) in public money by accepting funds from a salary support scheme while ordering furloughed staff to still work during… Read More ›
Japan and Britain sign trade deal
In a significant development which marks Britain’s first big post-Brexit step, Japan and Britain have formally entered into a trade agreement on Friday. Japanese Foreign Minister Toshimitsu Motegi and UK Trade Minister Liz Truss signed the agreement in Tokyo.
Bayer’s Monsanto loses final appeal in marathon French court case
In a legal blow to German chemical giant Bayer’s Monsanto unit lost a final appeal in a marathon legal battle in France in which it has been held liable for the accidental inhalation of a weedkiller by a crop farmer. In… Read More ›
UK Scientist Believes Covid-19 Will Likely Turn Into An ‘Endemic’ Such As The Flu
United Kingdom’s chief scientific advisor believes that it is likely that Covid-19 will become as “endemic” as the annual flu virus. None of the potential vaccines are likely to eradicate the virus, said Patrick Vallance, even though some of the… Read More ›
Allegations Of Charging ‘Excessive’ Fees Levelled Against Visa And Mastercard In The UK
Retail companies in Britain have alleged that Visa and Mastercard have benefitted during the novel coronavirus pandemic by charging “excessive fees”. Over the last two years, the two companies have almost doubled the scheme fees charged, said British retail groups…. Read More ›
Ericsson posts analysts’ beating third quarter earnings, maintains 2020 revenue targets
On Wednesday, in a statement Ericsson reported that its core quarterly earnings have lifted thanks to higher margins across its businesses. It said it is “more confident” in meeting its 2020 revenue targets. It third-quarter adjusted operating earnings rose to… Read More ›
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