Economic News
08 Mar
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Two-thirds of global tropical rainforests destroyed or degraded - RFN

Two-thirds of the world's rainforests have been degraded or destroyed by humans, revealed the latest report by Rainforest Foundation Norway.

08 Mar
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Bavarian Nordic posts positive pre-clinical trial data for Covid-19 vaccine

Shares in Bavarian Nordic surged at the start following the release of positive pre-clinical trial data for its Covid-19 vaccine candidate, ABNCoV2.

08 Mar
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Investor morale continues to grow across Eurozone

Investor confidence is continuing to grow in the Eurozone, research published on Monday confirmed, boosted by the worldwide rollout of the Covid-19 vaccine.

08 Mar
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DuPont to buy Laird Performance Materials from Advent for $2.3bn

DuPont has agreed to buy Laird Performance Materials from private equity firm Advent International for $2. 3bn in cash.

08 Mar
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EU agrees WTO agriculture quotas with US following Brexit

The European Union and the United States have concluded negotiations to implement the EU's agricultural quotas under World Trade Organization rules following the UK’s exit from the bloc.

08 Mar
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Fintech unicorn WeLab raises $75m in funding round led by Allianz

Hong Kong’s fintech unicorn company WebLab has raised $75m in its latest funding round which was led by Allianz X.

08 Mar
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UK consumer confidence rises as vaccines offer crisis exit

UK consumer sentiment improved to its highest since the Covid-19 pandemic started as households looked beyond the crisis, a survey showed.

08 Mar
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UK retail footfall declines for first time in seven weeks - Springboard

Footfall across the UK fell last week for the first in seven weeks, according to data released on Monday by retail analysts Springboard.

08 Mar
Heathrow, TUC call on govt for aviation support package - report

Britain’s Trades Union Congress and Heathrow airport have called for government support to cover costs while travel bans remain in place.

08 Mar
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Bailey says BoE needs 'proof' of recovery before tightening policy

The governor of the Bank of England said the BoE would need substantial proof the economy was recovering before considering tightening monetary policy to combat inflation.

08 Mar
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German industrial production unexpectedly falls in January

German industrial production unexpectedly fell in January, according to figures released on Monday by Destatis.

05 Mar
Brighton Pier by Valcker (Flickr)
Staycation surge causes rise in price of seaside holiday lets

The surge in holidaymakers choosing to stay on the UK seaside for the holidays this year has caused a rise in the cost of accommodation by an average of 35% compared to 2020.

05 Mar
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US foreign trade rises more than expected in January

America's shortfall in trade with the rest of the world widened at the start of 2020, as import outgrowth continued to outpace overseas sales.

05 Mar
US economy adds more jobs than expected as restrictions ease

US non-farm payrolls rose a lot more than expected in February as Covid cases fell and some restrictions were lifted, while the unemployment rate ticked lower, according to data released by the Labor Department on Friday.

05 Mar
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Resource nationalism surges in 2020 as side effect of Covid-19

In 2020, 34 countries have witnessed a significant increase in the nationalisation of natural resources as a side effect of Covid-19, revealed the latest report by Verisk Maplecroft published late on Thursday.

05 Mar
German factory orders rise more than expected in January

German factory orders rose more than expected in January, according to figures released by Destatis on Friday.

05 Mar
Homes, houses, London
UK house prices dip for second month - Halifax

UK house prices dipped for the second month running in February as the sector's mini-boom appeared to peter out, Halifax said.

05 Mar
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Labour demand stabilises in February, REC says

Labour demand stabilised in February, although starting salaries fell modestly, even in the face of the national lockdown, the results of a survey revealed.

04 Mar
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Fed's Powell says he would be concerned if financial conditions tighten

Longer-term US government debt yields extended their recent rebound even after Federal Reserve chief, Jerome Powell, said he was monitoring their rise.

04 Mar
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Sberbank posts jump in full-year net interest income

Sberbank, the Russian Federation's largest lender by assets, posted a big drop in full-year profits in a year marked by the novel coronavirus pandemic.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.