Britain’s debt office said on Friday its first green gilt, designed to fund environmental investments, would carry a maturity date of July 31, 2033. The Debt Management Office said the syndicated sale of Britain’s inaugural green gilt would take place in the week commencing Sept. 20. Britain is seeking to Continue Reading

The U.S. drug regulator on Monday granted full approval to the Pfizer Inc  /BioNTech SE  COVID-19 vaccine, making it the first to secure such Food and Drug Administration validation as health authorities struggle to win over vaccine skeptics during a relentless pandemic. The FDA, which gave the two-dose vaccine emergency-use authorization in Continue Reading

U.S. House of Representatives Speaker Nancy Pelosi on Saturday set an Oct. 1 target date for passing President Joe Biden’s multitrillion-dollar infrastructure and social spending agenda. In a “Dear Colleague” letter to her fellow Democrats, Pelosi also warned against delaying next week’s expected vote on a $3.5 trillion budget resolution Continue Reading

British inflation cooled more quickly than expected in July when it slowed to 2.0% in annual terms from 2.5% in June, official data showed on Wednesday. Economists polled by Reuters had expected a reading of 2.3%.

The number of employees on British company payrolls rose by 182,000 in July from June, moving closer to their pre-pandemic level as the economy recovers from its coronavirus lockdowns, tax data showed on Tuesday. The Office for National Statistics said 28.9 million people were now on company payrolls, 201,000 shy Continue Reading

Investing.com – At 08:35BST, the FTSE 100 is trading lower by 0.7% at 7,166. The midcap FTSE 250 is trading lower by 0.1% at 23,760. In FX markets, GBP/USD is trading at 1.3861, EUR/GBP is trading at 0.8506. The US Dollar Index is flat. This week’s calendar highlights include labour market (Tue), inflation (Wed) and  (Fri) data from the UK. On Wednesday, the FOMC releases Continue Reading

Oil prices fell more than 1% on Monday, dropping for a third session, after official data showed that refining throughput and economic activity slowed in China in an indicator that fresh COVID-19 outbreaks are crimping the world’s no.2 economy. Brent crude  was down 90 cents, or 1.3%, at $69.69 a barrel Continue Reading

U.S. House Speaker Nancy Pelosi told lawmakers Sunday that she had asked a House committee to advance both a $1 trillion infrastructure plan and a $3.5 trillion spending package together, an apparent effort to patch up divisions that had threatened to stall President Joe Biden’s legislative priorities. The U.S. Senate Continue Reading

(Recasts with new vaccine announcement, infections in NSW) Australia has purchased about 1 million doses of Pfizer Inc’s  COVID-19 vaccine from Poland to add to its inoculation efforts in Sydney and its home state, which on Saturday entered a snap lockdown amid record new infections. Prime Minister Scott Morrison said on Sunday Continue Reading

Mobile phone operator Vodafone  said on Monday it would reintroduce European roaming fees for new and upgrading British customers in January, following the lead set by rival EE . Roaming charges were completely abolished in the European Union in 2017, saving holidaymakers and business travellers millions of pounds a year in total Continue Reading