Crypto exchange Binance unauthorised, says Italian regulator, as crackdown widens
* Binance not authorised in Italy – regulator * Scrutiny of platform growing across world * UK, Thailand, Japan and Germany among others to target Binance By Tom Wilson Binance is not authorised to carry out activities in Italy, the country’s market watchdog said on Thursday, joining a string of Continue Reading
Italy reaches deal with EU for launch of Alitalia’s successor
Italy has reached a deal with the European Commission over the launch of carrier Italia Trasporto Aereo (ITA), which will replace the loss-making, state-owned Alitalia, the Treasury said in a statement. It said the new company would be fully operational from Oct. 15, adding that the “constructive and balanced” deal Continue Reading
European Medicines Agency to Wait for Data Before Recommending Vaccine Mixing
The European Medicines Agency will wait for more data before releasing definitive recommendations on the proposed mixing of COVID-19 vaccine doses, according to a Wednesday news release. The EU regulator noted preliminary data from studies in Spain, Germany and the UK in which the vaccine mix and match demonstrated a Continue Reading
UK inflation tests BoE as it jumps to highest since 2018
* June CPI rises to 2.5% from 2.1% in May * Reuters poll had pointed to 2.2% increase * Fuel prices up 20% yy, biggest jump since 2010 * Bank of England sees CPI exceeding 3% (Adds further market reaction, house prices) By David Milliken and William Schomberg British inflation Continue Reading
FTSE 100 muted as heavyweight banks reverse course; virus worries persist
* British Land drops on plans to scrap rent concessions * BP drops on plans to buy full ownership of Thorntons JV * Howden Joinery hits record high on upbeat earnings updates * FTSE 100 flat, FTSE 250 adds 0.1% By Shashank Nayar London’s FTSE 100 ended on a quiet Continue Reading
Take off: Ryanair to recruit 2,000 pilots as it prepares for travel market recovery
Take off: Ryanair to recruit 2,000 pilots as it prepares for travel market recovery – CityAM : CityAM
Pfizer says a third shot of its vaccine is even more helpful in combatting COVID-19
the firm says a third shot increases neutralizing antibody levels CNBC has more:Pfizer / BioNTech says they are developing a Covid-19 booster shot intended to target the delta variant developing an updated version of the vaccine.“As seen in real world evidence released from the Israel Ministry of Health, vaccine efficacy has Continue Reading
UK’s Persimmon sees sustained housing demand beyond tax holiday
British homebuilder Persimmon Plc reported higher half-year revenue on Thursday and said it expected housing demand to remain robust beyond a tax holiday, as customers sought bigger homes after saving more during the lockdowns. Government incentives such as the tax break, which ends in September, and a mortgage guarantee scheme, along Continue Reading
Deutsche Bank launches indexes to track 21 emerging market currencies
(Reuters) – German lender Deutsche Bank said on Tuesday it launched a new set of foreign exchange (FX) indexes to track 21 emerging market (EM) currencies, indicating a growing relevance and importance of developing markets in the global economy. The set of four new non-tradable FX indexes would track EMs that Continue Reading
ECB open to giving banks more time to rebuild capital buffers
The European Central Bank is open to giving banks in the euro zone more time to rebuild capital buffers if the current crisis leads to a material deterioration of asset quality, ECB bank supervisor Andrea Enria said on Monday. “We plan to stick to the flexibility that we provide banks, Continue Reading