Spending by British consumers
plunged in January at the fastest rate in seven months as the
country went back into a tight COVID-19 lockdown, payment card
firm Barclaycard said on Tuesday.
* DAIICHI SANKYO INITIATES CLINICAL TRIAL WITH 5TH DXD ADC,
DS-6157, IN COLLABORATION WITH SARAH CANNON RESEARCH INSTITUTE
Source text for Eikon:
Further company coverage:
* DGAP-ADHOC: AAP IMPLANTATE AG RESOLVES ON CONCEPT FOR
EXTENSIVE
STAFF REDUCTION AND EXTRAORDINARY VALUE ADJUSTMENT TO
CAPITALIZED DEVELOPMENT COSTS; POSTPONEMENT OF PUBLICATION OF
THE 2019 FINANCIAL STATEMENTS
The European Central Bank
cut its growth forecasts for this year and next on Thursday but
said the new estimates, which were collated before the
coronavirus outbreak in Europe, were probably already out of
date.
The ECB said it now expects the euro zone's economy to grow
by 0.8% this year, 1.3% in 2021 and 1.4% in 2022. This compares
to an expansion of 1.1% for 2020 and of 1.4% for each of the
following two years projected in its December forecasts.
EC
Chinese power generation group
SDIC Power Holdings launched plans to offer global
depositary receipts in London on Tuesday, saying it expects to
complete the deal in December this year.
Lending to British consumers slowed to its weakest rate in more than five years in August, adding to signs that household demand may be softening in the run-up to Britain's departure from the European Union, Bank of England figures showed on Monday.
The BoE data showed the growth rate in unsecured consumer lending fell to 5.4% in the year to August from 5.6% in July, its weakest annual growth rate since March 2014.
Consumer demand has been relatively robust si
The European Central Bank
kept policy unchanged as expected on Thursday, staying on track
to end bond purchases this year and raise interest rates next
autumn, even as protectionist moves around the globe drag on
growth.
President Joe Biden used the National Prayer Breakfast on Thursday (February 2) to call on Americans - and especially Republicans and Democrats in Congress - to start treating each other as humans again, and work together to better the nation.
PHILADELPHIA/WASHINGTON (Reuters) -Establishment Democrats gathered this weekend in Philadelphia have one message for U.S. President Joe Biden as he weighs running for a second term: Run, Joe, run.