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Here is a masonry blog layout with no sidebarFactbox-Brexit and the City of London: what changes and when
For now, no. London still has a towering lead over rivals Frankfurt, Milan and Paris when it comes to trading stocks, currencies and derivatives and playing host to asset managers.
Financial firms say shifting more capital out of London than is necessary under Brexit would cause unnecessary and costly market fragmentation.
But in the longer term, if the EU takes a tough line on equivalence and its financial centers reach a critical mass in trading key asset classes, the attractions of London as a financial hub would diminish.
Spain to keep registry of people who refuse Covid vaccine
“What will be done is a registry, which will be shared with our European partners… of those people who have been offered it and have simply rejected it,” he said.
“It is not a document which will be made public and it will be done with the utmost respect for data protection,” he added, noting that employers or members of the general public would not have access to it.
Urgent action expected in South Africa as hospitals run out of beds, oxygen amid Covid-19 spike
Embattled doctors, nurses have pleaded with government for urgent action as they can no longer cope with the large number of patients arriving for Covid-19 treatment, with hospital administrators saying they have to make heart-breaking choices between younger people who are now being affected by the new strain and older ones with co-morbidities as priorities.
Dr Irene Boeddinghaus, an oncologist at Life Vincent Pallotti Hospital in Cape Town, told the weekly that patients were far sicker than in the first wave. ICU bed availability was dire and doctors and nurses were burnt out and sick with Covid, she said.
India reports six cases of new UK variant of coronavirus
Sensex, Nifty hit record high as lenders jump
Covid-19 pandemic will not be the last: WHO chief
UK’s post-Brexit trade deal maintains the existing standards on environment, workers’ rights and climate change
There is a clear commitment not to lower standards on the environment, workers’ rights and climate change from those that currently exist and mechanisms to enforce them, the BBC reported.
Similarly, the restrictions compensation for unfair subsidies to companies “do not apply” in situations such as natural disasters, the BBC said. That will exempt the EU’s large current pandemic support package for aviation, aerospace, climate change and electric cars.
Hammered by virus, investors rethink role of bonds, tech and ESG in 2021
Now, as investors face lower-for-longer rates even as growth picks up, doubts are emerging whether developed-market government bonds can continue to provide both protection and diversification as well as satiate investors seeking income gains. There’s also a debate over the traditional investing policy of putting 60% of funds in stocks and 40% in bonds, even though the strategy proved to be resilient during the year.Innovative stocks now are being valued on intangible factors such as goodwill and intellectual property rather than traditional methods like price-to-earnings ratios, Alan Wang, portfolio manager at Principal Global Investors in Hong Kong said, adding that investors should adopt such valuation strategies.
COVID-19: Lowest daily cases recorded in India after gap of nearly 6 months
The COVID-19 case fatality rate was registered at 1.44 per cent
There are 2,78,690 active cases of coronavirus infection in the country which comprises 2.73 per cent of the total caseload, the data stated
The 279 new fatalities include 60 from Maharashtra, 23 from Delhi, 33 from West Bengal, 21 from Kerala, 14 from Uttar Pradesh, 13 from Uttarakhand and 12 each from Punjab and Chattisgarh
EU launches vaccine rollout, historic day in virus fight
The rollout marks a moment of hope for a region that includes some of the world’s earliest and worst-hit virus hot spots Italy and Spain and others like the Czech Republic, which were spared earlier in the year only to see their health care systems near collapse in the fall.
It also should ease frustrations that were building up, especially in Germany, as Britain, Canada and the United States kicked off their inoculation programs with the same vaccine weeks earlier
Hungry for change: Faulty food systems laid bare by COVID-19 and climate crises
Farmers and poor urban residents have so far borne the brunt of the pandemic, meaning inequality between and within countries could deepen further in 2021, said Ismahane Elouafi, chief scientist at the U.N. Food and Agriculture Organization (FAO).
“Even before COVID-19 hit, 135 million people were marching towards the brink of starvation. This could double to 270 million within a few short months,” warned David Beasley, head of the U.N. World Food Programme (WFP), in emailed comments.
IOC to buy 15 hydrogen buses for Delhi, first-ever attempt in the country to use hydrogen-based mobility as green option
India to play vital role in equitable distribution of COVID-19 vaccines around the world: Pharma industry
”We want the vaccine to be affordable and accessible to all. The Government of India will receive it at a far more affordable price of USD 3-4, since they will be buying in a larger volume. The priority is going to be India and the GAVI countries, after which only, the private market will open up where the pricing would be USD 6-8 per dose” said Serum Institute of India (SII) CEO Adar Poonawalla
Govt extends validity of vehicle documents like DL, RC, permits till Mar 31
“The Union Ministry of Road Transport and Highways has extended the validity of vehicular documents like DLs, RCs, permits etc till March 31, 2021 in the light of need to prevent spread of COVID-19. Ministry has today issued a directory to the states and Union Territory administrations in the regard,” a MoRTH statement said.
Earlier through various notifications, it was advised that the validity of fitness, permit (all types), licence, registration or any other concerned document(s) may be treated to be valid till December 31, 2020.
Brexit offers Britain chance to do financial services differently -minister
Under a system known as equivalence, access to EU markets will not be granted to banks, insurers and other financial firms based in Britain unless their home rules are deemed by Brussels to be “equivalent”, or as robust as regulations in the bloc.
The two sides will aim to agree a memorandum of understanding on regulatory cooperation in financial services by March 2021, and Sunak said that such language should provide reassurance.
Over 4.15 cr ITRs for fiscal 2019-20 filed till Dec 26
”More than 4.15 crore Income Tax Returns for AY 2020-21 have already been filed till 26th of December, 2020. Hope you have filed yours too!,” the department tweeted.
This includes over 2.34 crore taxpayers filing ITR-1, over 89.89 lakh filing ITR-4, over 49.72 lakh ITR-3 and over 30.36 lakh filing ITR-2.
Hyderabad set to emerge as global hub for COVID-19 vaccine in 2021
The vaccine development process by Bharat Biotech, Biological E Ltd and Aurobindo Pharma are currently in various stages, while Dr Reddy”s and Hetero have tie ups for manufacturing the vaccine.
Some of these companies have also drawn up plans to scale up their vaccine manufacturing capacities. Besides vaccine makers, the International Airport here has also stepped up the cold-chain infrastructure for vaccine transportation.
UK COVID-19 strain: Mumbai civic body issues revised SOP
“If the report of the test is found negative, the passenger would be discharged from the institutional quarantine after seven days with the advice of seven days mandatory home quarantine. A total of 14 days quarantine is to be ensured,” the Brihanmumbai Municipal Corporation (BMC) said in a release.