Brexit trade talks extended beyond Sunday’s deadline as leaders pledge to go ‘the extra mile’
Key Points The U.K. left the EU in January but it agreed to keep the same standards and regulations until the end of the year, so both sides would have …
Financial News
FDA approves Pfizer’s Covid vaccine for emergency use as U.S. reaches pivotal moment in the pandemic
The Food and Drug Administration has approved Pfizer and BioNTech ‘s coronavirus vaccine for emergency use, a monumental turning point in the once-in-a-century pandemic that has taken nearly 300,000 American …
AstraZeneca to work on Covid vaccine combinations with Russia’s Sputnik V developers
A laboratory technician supervises filling and packaging tests for the large-scale production and supply of the University of Oxfords COVID-19 vaccine candidate, AZD1222, conducted on a high-performance aseptic vial filling …
ECB expands its bond-buying program as coronavirus resurgence weighs on the economic recovery
Markets had largely expected the central bank to add to its bond buying, having vowed back in October to “recalibrate its instruments.”
European Central Bank set to increase its stimulus as Covid lockdowns blight the economic recovery
President of the European Central Bank (ECB) Christine Lagarde reacts during a meeting prior’s to attend a European Parliament’s Committee on Economic Affairs at the EU Parliament, in Brussels, on …
A 90-year-old woman gets first Covid vaccine in UK, as massive rollout begins
Margaret Keenan, 90, is the first patient in the United Kingdom to receive the Pfizer/BioNtech covid-19 vaccine at University Hospital, Coventry. Pool | Getty Images News | Getty Images LONDON …
China’s foreign minister calls for less U.S. ‘interference’ in domestic affairs
Chinese Foreign Minister Wang Yi speaks at a news conference after restoring diplomatic ties with Kiribati on the sidelines of the United Nations General Assembly in New York, U.S. September …
Sterling dives as Brexit talks hang in the balance
The pound’s move lower comes amid escalating fears that U.K. and EU negotiators may fail to reach a deal before the end-of-year deadline.
StanChart CEO Bill Winters says digital currencies’ widespread rollout is ‘absolutely inevitable’
Key Points Standard Chartered’s Bill Winters has said the creation and adoption of digital currencies is “absolutely inevitable.” The CEO told Singapore’s FinTech Festival the rollout would be led by …
Banks face two major risks in 2021, says CEO of Singapore’s largest bank DBS
DBS CEO talks about why customer experience matters in the banking industry Squawk Box Asia SINGAPORE — Global banks will be confronted by two major headwinds next year: rising defaults …