EXCLUSIVE Fusion SPAC aims to beat London rush with new blank-check firm -sources
LONDON, June 16 (Reuters) – Fusion Acquisition Chief Executive John James is in talks to launch a new blank-check company which could soon file for a London listing with the aim of becoming the first to take advantage of a new British SPAC regime, sources told Reuters.
Stocks slide, yields jump as Fed projects earlier rate hikes
LONDON, June 16 (Reuters) – Markets were jostled Wednesday after U.S. Federal Reserve officials projected interest rate hikes sooner than expected, with stocks sliding and the dollar jumping on the news.
Taj Mahal reopens for tourists as India eases COVID-19 curbs
BENGALURU, June 16 (Reuters) – The Taj Mahal reopened to the public on Wednesday as India, still reeling from a disastrous second wave of the pandemic, pushes to lift restrictions in a bid to revitalise its economy. The 17th-century white marble mausoleum, built by Mughal emperor Shah Jahan in the northern city of Agra, was […]
Quoting Irish poet, Biden ends EU trade war in renewal of transatlantic ties
U.S. President Joe Biden ended one front in a Trump-era trade war when he met European Union leaders on Tuesday by agreeing a truce in a transatlantic dispute over aircraft subsidies that has dragged on for 17 years.
Britain’s biggest investor drops AIG, others from some funds over climate
Legal & General Investment Management, Britain’s biggest asset manager, said on Tuesday it would drop four companies from a number of its funds over their “insufficient” response to the challenge of climate change, including U.S. insurer AIG (AIG.N).
Soccer clubs embrace cryptocurrency, but fans are divided
A growing number of major soccer clubs are launching digital coins that allow fans to vote on a variety of minor decisions as the sport faces slumping revenues caused by the coronavirus pandemic.
eCom Scotland’s investments in digital skills professionals pay off
In the light of growing demand for its products and services – taking its current turnover beyond pre-pandemic levels – the digital learning and assessment specialist, eCom Scotland is continuing growing its investment in skilled digital skills professionals.
Shares in record-setting spree as Fed meeting looms
World stocks hit yet another record high on Tuesday, with European stocks poised for their longest winning streak since 2019 as investors bet likely “transitory” inflation pressures will stay the U.S. Federal Reserve’s hand from signalling a shift in policy settings.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
UK sees record jump in employee numbers in May
The number of employees on British company payrolls surged by a record amount in May as COVID restrictions eased and pubs and restaurants resumed indoor service, though it still remains more than half a million below its pre-pandemic peak.
