‘Layers of uncertainty’: The City braces for a US election unlike any other November 3, 2020 It’s been a long year for markets, but today’s US presidential election could be the longest day yet – not least because the results may not be clear for days or even weeks. Democrat challenger Joe Biden is well ahead in the polls. Yet memories of 2016, when Donald Trump came from behind to take [...]
International testing success could allow reduced UK quarantine November 3, 2020 Quarantining international arrivals for just five days in Iceland has proved up to 90% effective.
Online shopping boom could cause Christmas chaos, Post Office warns November 3, 2020 A boom in online shopping and parcel deliveries could cause Christmas chaos this festive season, the Post Office said as it warned the public to send their gifts earlier than usual to avoid a last-minute rush. More than a fifth of Brits have already decided to send presents through the post rather than give them [...]
Non-Custodial Wallet lockout? Three Solutions November 3, 2020 At Zumo we believe that only you should be in charge of your money. Nearly everyone keeps their money in a bank account, and you may think that this keeps it safe, secure, and under your control. But the truth is, it is the bank, and ultimately the government, who decide if and when you are [...]
US election: How to watch the vote and what to look out for November 3, 2020 Americans head to the polls today for the US presidential election 2020. While Joe Biden is currently leading the polls against Donald Trump, it’s far from certain who will emerge victorious, with Covid-19 and the use of early and mail-in voting adding to the uncertainty. Americans will vote today, but much of the coverage — [...]
Five trends to watch in China’s consumer sector November 3, 2020 As the world continues to try to contain the spread of Covid-19, China is among the few countries sustaining a return to normal activity. Restrictions on movement have been lifted and the government’s test and trace system has so far proven effective in containing new outbreaks. As a result, shops, restaurants and other services have [...]
Surge in trading revenues helps BNP Paribas beat expectations November 3, 2020 A surge in currency and commodity trading and lower than expected provisions for bad loans helped BNP Paribas beat earnings expectations for the third quarter. France’s biggest bank reported a 2.3 per cent drop in net income, which fell to €1.9bn (£1.7bn) for the three months to September – beating analysts expectations of €1.5bn. Overall [...]
Sadiq Khan blasted over ‘PR stunt’ as he moves City Hall to Royal Docks November 3, 2020 Sadiq Khan has been accused of carrying out a “PR stunt” after the mayor confirmed he will move City Hall to new headquarters in east London. The Greater London Authority (GLA) will leave its iconic base at More London near Tower Bridge in December next year and relocate to The Crystal building in the Royal [...]
Morgan Housel: “The biggest economic risk is what no-one is talking about” November 3, 2020 Morgan Housel’s highly anticipated new book, The Psychology of Money, opens with a quote from Arthur Conan Doyle’s Sherlock Holmes: “The world is full of obvious things which nobody by any chance ever observes.” It is a fitting introduction to a work from the Sherlock Holmes of financial writing. Like the famous fictional detective, Housel [...]
Wizz Air passenger numbers shrink two-thirds in October November 3, 2020 Wizz Air said that passenger numbers dropped 69 per cent in October as further coronavirus restrictions came into effect around the world. The low-budget carrier flew 1.15m passengers last month, down from 3.7m in the same period last year. And the decline could yet grow further in November, with international travel from England due to [...]
