Pandemic have-a-go investors force shake-up in UK wealth market
The explosion in DIY investing since the start of the pandemic has led to a scramble among Britain’s more traditional asset managers and banks to buy or build online platforms that give consumers more direct control of their investment portfolios.
Argentina’s economy rebounds strongly in third quarter
Argentina’s economy expanded 11.9% on a year-on-year basis in the third quarter of 2021, the country’s statistics agency said on Thursday, in line with expectations of a sharp rebound from the 10.2% contractionin the same period last year.
Analysis: Jabs for jobs: U.S. vaccine mandates offer bargaining chip for worker rights
U.S. vaccine mandates are giving workers greater negotiating power, experts say, as the threat of strikes and collective action wins concessions for workers pummeled by the pandemic.
End of an era: Airbus delivers last A380 superjumbo
Airbus (AIR.PA) delivered the final A380 superjumbo on Thursday, to Dubai’s Emirates, marking the end of a 14-year run that gave Europe an instantly recognised symbol across the globe but failed to fulfil the commercial vision of its designers.
Oil prices head for weekly loss on Omicron coronavirus uncertainty
Oil prices dipped on Friday, putting the market on track for a narrow weekly loss, as surging cases of the Omicron coronavirus variant raised fears new curbs may hit fuel demand, while a weaker dollar supported commodity markets broadly.
EV startup Rivian to build $5 bln plant in Georgia, posts quarterly loss
Amazon-backed electric vehicle startup Rivian Automotive Inc (RIVN.O) on Thursday said it will build a $5 billion plant in Georgia, its second U.S. assembly plant, as it looks to expand production.
Wall Street firms retreat from office, holiday parties as virus spreads
Wall Street banks and investment firms are retrenching from their push to get staff back to the office, with Citigroup Inc (C.N), Goldman Sachs Group Inc (GS.N), Carlyle Group Inc (CG.O), Blackstone (BX.N) and MetLife (MET.N) among the latest to adjust plans as the Omicron variant of the coronavirus spreads.
White House looks to boost U.S. trucking industry
The Biden administration is meeting with the trucking industry on Thursday as it looks to help add new drivers to a key part of U.S. supply chains.
Swiss National Bank sticks to loose policy, diverging from Fed and others
The Swiss National Bank stuck to its ultra-loose monetary policy on Thursday, diverging from the tightening path being taken by a growing number of central banks and despite higher inflation and a surge in the value of the safe-haven Swiss franc.
COVID curbs freeze Germany’s private sector growth in December – PMI
Growth in German private sector activity evaporated in December as restrictions to break an aggressive fourth wave of coronavirus infections hit the services sector in Europe’s largest economy, a survey showed on Thursday.
