UK public's £100bn Covid savings could help recovery, says Haldane

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UK public's £100bn Covid savings could help recovery, says Haldane

Excess savings of about £100bn built up by UK households during Covid-19 lockdowns are now being spent and could speed up Britain’s economic recovery, according to the Bank of England’s chief economist. Andy Haldane told the Daily Mail there was …
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Lufthansa to cut 29000 jobs by year's end: report

–Deutsche Lufthansa AG will cut 29,000 jobs by the end of the year, keeping 109,000 workers in its workforce, German tabloid newspaper Bild am Sonntag reported on Sunday, citing unnamed sources. –The company will cut a further 10,000 positions in …
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India's Serum Institute seeks emergency use nod for AstraZeneca's COVID-19 vaccine

BENGALURU (Reuters) – Serum Institute of India, the world’s largest vaccine producer by volume, has sought approval for emergency use of AstraZeneca Plc’s COVID-19 vaccine in the country, its chief executive officer said on Monday. The vaccine can be …
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EMERGING MARKETS-Vaccine hopes, central bank buoy Indonesia shares; Chinese worries weigh

… * Thailand markets closed for a holiday * Fitch downgrades Malaysia’s credit rating; ringgit weaker * China Nov. exports rise sharply * China stocks drop on Sino-U.S. tensions By Anushka Trivedi Dec 7 (Reuters) – Indonesian shares soared 2% to a near …
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Games Workshop says profit and sales to jump

Games Workshop Group PLC said Monday that it expects a jump in sales and pretax profit for the first half of fiscal 2021, and that the board has declared a 60 pence (80.6 cents) dividend to return surplus cash to shareholders. The U.K. miniature-war-gaming …
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