Euro Retreats From Session Highs Against Dollar as France Widens Lockdown

© Reuters. By Yasin Ebrahim Investing.com – The euro cut its gains against the dollar Wednesday as investors fret over fresh lockdown measures in the economic bloc that will likely slow the recovery, but some experts see a reversal on the cards for the single currency. fell 0.18% to $ 1.1735, after hitting a high […]

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Germany reportedly set to extend lockdown until the end of March

Business Insider reports on the matter Adding that German authorities are also mulling loosening lockdown measures a little more but general restrictions should still apply through to the end of the month. For some context, the current restrictions are set to run through to 7 March but the government and state leaders are to meet […]

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ICYMI: Australia’s Perth goes into five-day lockdown after hotel quarantine security guard tests positive for COVID-19

That puts an end to Western Australia’s 10-month coronavirus-free streak This comes as the security guard working at the hotel – which serves as a quarantine facility for inbound travelers – tested positive for COVID-19 with fears it could be a UK or South African variant. Western Australia premier, Mark McGowan, said that: “Beginning at […]

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Pound Drops as England Readies for a Month-Long Lockdown

© Reuters. Pound Drops as England Readies for a Month-Long Lockdown (Bloomberg) — The pound declined to the weakest level in a month on concern a lockdown across England would deal a painful blow to an economy already reeling from similar measures earlier this year. fell as much as 0.7% to $ 1.2855, the lowest […]

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Coronavirus – UK PM Johnson to announce a new lockdown, through to until December 2

As COVID-19 cases in the UK accelerate higher Prime Minister Johnson will soon  announce another shutdown. The measures will take effect from Thursday after a vote in the Commons on Wednesday. The main points, these via various UK media outlets with the info: pubs and restaurants to close – takeaway and delivery only non-essential retail […]

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Amazon drops French Black Friday ad campaign as lockdown starts

© Reuters. FILE PHOTO: A look inside France Amazon’s expanding operations PARIS (Reuters) – Amazon is withdrawing advertising for pre-Black Friday discounts in France, after the government said the campaign was unfair to small shops at time when a coronavirus lockdown has forced them to close. France entered its second national lockdown on Friday to […]

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UK will extend its wage covering scheme during the new coronavirus lockdown

UK Prime Minister Johnson has announced the new COVID-19 related lock down. In brief details of the new measures are here: The wage furlough scheme is to continue for workers temporarily laid off it was set to expire on Saturday workers will receive 80% of their pay UK Treasury has also announced some measures aimed […]

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UK extends 80% wage subsidies as England goes back into lockdown

LONDON (Reuters) – Britain’s government will extend its emergency coronavirus wage subsidy scheme to ensure workers who are temporarily laid off during a new England-wide lockdown receive 80% of their pay, Prime Minister Boris Johnson said on Saturday. Britain introduced the 80% wage subsidy scheme in March and it had been due to expire on […]

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Coronavirus – More on the tighter lockdown restrictions to be placed on England’s North East

The surge in COVID-19 cases in the UK has prompted more severe social distancing measures. An MP present at the meeting told Sky News that the areas affected are likely to be Newcastle, Northumberland, North Tyneside, South Tyneside, Gateshead, County Durham and Sunderland. Measures will include a curfew of 10pm on pubs, restaurants and other […]

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