Nasdaq hits record high as Apple and Facebook enjoy bounce December 7, 2020 The tech-heavy Nasdaq has hit a record high today rising 0.4 per cent, as several of its largest constituents rose in value. Apple stock jumped 1.56 per cent and Facebook rose 2.05 per cent, but a decline in names such as Alphabet and Microsoft kept major averages in check. Large cap growth stocks, which had [...]
Most UK university students think fees must be refunded after Covid-19 disruption December 7, 2020 Most UK university students think fees must be refunded after Covid-19 disruption
Brexit: UK and EU to resume talks after reported breakthrough on fishing December 7, 2020 The UK and EU will continue Brexit talks this week in Brussels after Boris Johnson and Ursula von der Leyen agreed to give negotiations a final shot today. Johnson and von der Leyen are believed to have spoken for two hours this evening to discus if a deal can be finally agreed before the 31 [...]
Christmas is cancelled: Five festive traditions scuppered by Covid December 7, 2020 Coronavirus has a lot to answer for, and while being able to enjoy a few frivolities over Christmas isn’t at the top of the list, it’s still likely to put a downer on December. Here are some of the popular Christmas activities that have been curtailed by the pandemic, and some suggestions on how to [...]
Airbus sells no new planes in November as demand sticks at rock bottom December 7, 2020 Airbus sold no new planes in November, the fourth month in which the aerospace giant has failed to do so this year. New data from the French giant published today showed that gross orders for 2020 had reached 381 as of the end of November. However, with the coronavirus pandemic still hammering the aviation industry [...]
Norwegian Air granted creditor protection by Irish court December 7, 2020 Norwegian Air has today been granted protection from its creditors by an Irish court, giving the embattled carrier some breathing space as it seeks to restructure its whopping debt pile. Under the process, which is called “examinership”, the Scandinavian flier now has until 26 February before its creditors can seek to claim their money. The [...]
Universal Music buys rights to more than 600 Bob Dylan songs December 7, 2020 Universal Music Publishing Group (UMPG) has snapped up Bob Dylan's entire catalog of songs
Brexit: UK ‘prepared’ to axe controversial Internal Market Bill clauses that break international law December 7, 2020 The UK government is “prepared” to remove the controversial Northern Ireland clauses in Boris Johnson’s Internal Market Bill, that could breach international law, if a UK-EU post-Brexit trade deal is reached. A government statement released this afternoon said the UK was willing to take out all clauses in the Internal Market Bill and following Finance [...]
How travel companies can emerge healthier than ever after Covid December 7, 2020 Life has changed drastically this year and no less for those in the travel industry. Since March, the majority of flights have been grounded, borders have been closed and as a result, travel has all but halted. What was a $9trillion industry has had to suddenly, and without warning, pause. We’ve all felt the effects [...]
Sadiq Khan calls for Sunak to U-turn on scrapping VAT exemption for tourists December 7, 2020 Sadiq Khan has added his voice to the chorus of figures calling for Rishi Sunak to U-turn on his decision to scrap the UK’s VAT exemption for tourists. Khan today said the move would be “hugely counter-productive” as the UK economy recovers from the Covid crisis next year and that revenue lost from the change [...]
