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Executive decision:

Monzo founder to leave bank due to pandemic stress and falling out of love with his job

“Going through a pandemic, going through lockdown and the isolation involved in that has an impact on people’s mental health"

European markets optimistic over US stimulus hopes

Yahoo Finance's Kumutha Ramanathan has the latest from London.

Latest stories

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  • Global Pneumococcal Vaccine Market (2020 to 2025) - by Type of Vaccine, Product, Sectors, Distribution Channel and Geography - ResearchAndMarkets.com

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  • Honduras lawmakers seek to lock in ban on abortion for ever

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  • Norges Bank’s ‘Surprisingly Hawkish’ Comments Fan Early Hike Bet

    (Bloomberg) -- Norway’s central bank may raise its main interest rate as early as this year, well ahead of peers, after economists found hints in its latest statement pointing to a more upbeat assessment of the future.Norges Bank, which kept its benchmark deposit rate at zero as expected, said its official stance remains that the first rate hike is likely to come in early 2022. But the bank also signaled that the prospect of bringing the pandemic under control seemed slightly brighter than previously assumed, in part thanks to Norway’s fast rollout of its vaccine program.The krone rose about 0.4% against the euro, and was up 0.7% versus the dollar.Norges Bank’s statement “was surprisingly hawkish, if you read between the lines,” Nordea analysts Dane Cekov and Kjetil Olsen said in a note to clients. Aside from the bank’s assessment of Norway’s vaccine program, the economists also pointed to its “unusual” decision to highlight market expectations, which point to a rate increase in December.Unlike most of its peers, Norges Bank has steered clear of unconventional measures such as quantitative easing, with much of Norway’s economic stimulus coming via fiscal policy. The government has relied on its $1.3 trillion wealth fund more than ever to boost spending, which has helped shield the economy from the coronavirus crisis.What Bloomberg Economics Says ...“With house prices on the rise and only a mild downturn from new virus restrictions we believe it’s right to factor in some probability of that first rate hike coming sooner than shown in the rate path.”\-- Johanna Jeansson, Bloomberg economistMeanwhile, Norway boasts the rich world’s lowest real benchmark interest rate. And although headline inflation is below the 2% target, core inflation is well above, at 3%. That’s in part why economists are predicting Norges Bank will move ahead with rate hikes sooner than others.Norway has been less affected by the coronavirus pandemic than many other countries, and Prime Minister Erna Solberg has even been able to ease some restrictions as cases recede. The economy probably exceeded the central bank’s growth estimates for the end of 2020, but the timing of a potential rate increase will ultimately depend on how quickly Norway can complete its vaccination program.“Owing to the increase in infection rates and stricter containment measures from the beginning of January, the slowdown in the economy may persist somewhat longer than projected in the December Report,” Norges Bank said. “On the other hand, vaccination is well under way, and it appears that the vaccination rollout will be somewhat faster than assumed earlier. Vaccination and the winding down of containment measures will boost growth further out in 2021.”Read More: Norway Is Seen Leading the Way in Post-Covid Interest Rate HikesThursday’s announcement by Norges Bank was a so-called interim decision, with no new forecasts and no press conference.(Updates with analyst comments, details on vaccine outlook from first paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Biden puts forth virus strategy, requires mask use to travel

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  • Rail Transport Global Market Report 2021: COVID 19 Impact and Recovery to 2030

    Major companies in the rail transport market include China Railway Corporation; Russian Railways; Indian Railways; Deutsche Bahn AG and Union Pacific Railroad. The global rail transport market is expected to grow from $468.New York, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Rail Transport Global Market Report 2021: COVID 19 Impact and Recovery to 2030" - https://www.reportlinker.com/p06009760/?utm_source=GNW 57 billion in 2020 to $519.43 billion in 2021 at a compound annual growth rate (CAGR) of 10.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $658.39 billion in 2025 at a CAGR of 6%.The rail transport market consists of sales of rail transportation services and related goods by entities (organizations, sole traders and partnerships) that use trains to provide transport for passengers and/or cargo. Railroads operate either on networks with physical facilities, labor forces, and equipment spread over a wide geographic area or operate over a short distance on a local rail line. This market excludes street railroads, commuter rail, urban rapid transit, and scenic and sightseeing train transportation. The rail transport market is segmented into passenger rail transport and rail freight.Asia Pacific was the largest region in the global rail transport market, accounting for 42% of the market in 2020. Western Europe was the second largest region accounting for 21% of the global rail transport market. Africa was the smallest region in the global rail transport market.Advanced driver assistance system (ADAS) technology is becoming popular in rail transportation industry to optimize energy usage, enhance operational management, safety and aid in cost reduction. These systems provide automatic warning, protection, operation, supervision, and control arrangement. They also aid in meeting stringent government regulations towards passenger safety. Around 60 million units of advanced driver assistance systems were produced globally. Some companies providing these systems for locomotives are Thales Group, Alstom S.A., Bombardier Transportation Hitachi Ltd., CRRC Corporation limited, Ansaldo STS, and SIEMENS AG.Coronavirus Pandemic - The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the rail transportation market in 2020 as governments-imposed lockdowns and restricted the movement of people and goods to contain the transmission. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of ’lock down’ and the outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the rail transportation market will recover from the shock across the forecast period as it is a ’black swan’ event and not related to ongoing or fundamental weaknesses in the market or the global economy. Faster Economic Growth - The rail transportation services market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) predicts that the global GDP growth will be 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in end user markets, thereby driving the market during forecast period.Read the full report: https://www.reportlinker.com/p06009760/?utm_source=GNWAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.__________________________ CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

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  • Saudi Arabia Midstream Oil and Gas Industry Outlook Report 2020-2025: All Active, Planned and Announced Oil Storage Terminals, Trunk Pipelines and Gas Processing Plants

    Dublin, Jan. 21, 2021 (GLOBE NEWSWIRE) -- The "Saudi Arabia Midstream Oil and Gas Industry Outlook to 2025" report has been added to ResearchAndMarkets.com's offering. Saudi Arabia Midstream Oil and Gas Industry Outlook to 2025 - Market Outlook for Liquids Storage, Pipelines and Gas Processing is a comprehensive report on midstream oil and gas industry in Saudi Arabia. The report provides details such as name, type, operational status and operator for all active and planned (new build) liquids storage terminals major trunk pipelines and gas processing plants in Saudi Arabia till 2025. Further, the report also offers recent developmets and latest contracts awarded in the country's midstream sector, wherever available.Scope Updated information related to all active, planned and announced oil storage terminals, trunk pipelines and gas processing plants in the country, including operator and equity detailsKey mergers and acquisitions and asset transactions in the country's midstream oil and gas industry, where availableLatest developments, financial deals and awarded contracts related to midstream oil and gas industry in the country, wherever available Reasons to Buy Gain strong understanding of the country's midstream oil and gas industryFacilitate decision making on the basis of strong historical and outlook of capacity/length dataAssess your competitor's major oil storage terminals, trunk pipelines, and gas processing plants in the countryAnalyze the latest developments, financial deals landscape and awarded contracts related to the country's midstream oil and gas industry Key Topics Covered: 1. Table of Contents1.1. List of Tables1.2. List of Figures2. Introduction2.1. What is This Report About?2.2. Market Definition3. Saudi Arabia Oil Storage Industry3.1. Saudi Arabia Oil Storage Industry, Key Data3.2. Saudi Arabia Oil Storage Industry, Overview3.3. Saudi Arabia Oil Storage Industry, Storage Operations3.3.1. Saudi Arabia Oil Storage Industry, Total Storage Capacity3.4. Saudi Arabia Oil Storage Industry, Storage Capacity Share by Area3.5. Saudi Arabia Oil Storage Industry, Storage Capacity by Major Companies3.6. Saudi Arabia Oil Storage Industry, Storage Capacity by Terminal3.7. Saudi Arabia Oil Storage Industry, Asset Details3.7.1. Saudi Arabia Oil Storage Industry, Active Asset Details3.7.1. Saudi Arabia Oil Storage Industry, Planned Asset Details4. Saudi Arabia Oil and Gas Pipelines Industry4.1. Saudi Arabia Oil Pipelines4.1.1. Saudi Arabia Oil Pipelines, Key Data4.1.2. Saudi Arabia Oil Pipelines, Overview4.2. Saudi Arabia Oil and Gas Pipelines Industry, Crude Oil Pipeline Length by Company4.3. Saudi Arabia Oil and Gas Pipelines Industry, Crude Oil Pipelines4.4. Saudi Arabia Oil and Gas Pipelines Industry, Petroleum Products Pipeline Length by Company4.5. Saudi Arabia Oil and Gas Pipelines Industry, Petroleum Products Pipelines4.6. Saudi Arabia Oil and Gas Pipelines Industry, NGL Pipeline Length by Company4.7. Saudi Arabia Oil and Gas Pipelines Industry, NGL Pipelines4.8. Saudi Arabia Oil and Gas Pipelines Industry, Oil Pipelines Asset Details4.8.1. Saudi Arabia Oil and Gas Pipelines Industry, Oil Pipelines Active Asset Details4.8.2. Saudi Arabia Oil and Gas Pipelines Industry, Oil Pipelines Planned Asset Details4.9. Saudi Arabia Gas Pipelines4.9.1. Saudi Arabia Gas Pipelines, Key Data4.9.2. Saudi Arabia Gas Pipelines, Overview4.10. Saudi Arabia Oil and Gas Pipelines Industry, Natural Gas Pipeline Length by Company4.11. Saudi Arabia Oil and Gas Pipelines Industry, Natural Gas Pipelines4.12. Saudi Arabia Oil and Gas Pipelines Industry, Gas Pipelines Asset Details4.12.1. Saudi Arabia Oil and Gas Pipelines Industry, Gas Pipelines Active Asset Details4.12.2. Saudi Arabia Oil and Gas Pipelines Industry, Gas Pipelines Planned Asset Details5. Saudi Arabia Gas Processing Industry5.1. Saudi Arabia Gas Processing Industry, Key Data5.2. Saudi Arabia Gas Processing Industry, Overview5.3. Saudi Arabia Gas Processing Industry, Gas Processing Capacity by Company5.4. Saudi Arabia Gas Processing Industry, Processing Plant Number by Facility Type5.5. Saudi Arabia Gas Processing Industry, Capacity Contribution of Various Provinces5.6. Saudi Arabia Gas Processing Industry, Active Gas Processing Capacity5.7. Saudi Arabia Gas Processing Industry, Planned Gas Processing Capacity5.8. Saudi Arabia Gas Processing Industry, Asset Details5.8.1. Saudi Arabia Gas Processing Industry, Active Asset Details5.8.2. Saudi Arabia Gas Processing Industry, Planned Asset Details6. Recent Contracts6.1. Detailed Contract Summary6.1.1. Awarded Contracts7. Recent Developments7.1. Other Significant Developments7.2. New Contracts Announcements8. Appendix For more information about this report visit https://www.researchandmarkets.com/r/dmcf05 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

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  • Man Group PLC : Form 8.3 - Applegreen plc

    Ap19 FORM 8.3 IRISH TAKEOVER PANEL DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2013 DEALINGS BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE 1. KEY INFORMATION Name of person dealing (Note 1)Man Group PLC/JerseyCompany dealt inAPPLEGREEN PLCClass of relevant security to which the dealings being disclosed relate (Note 2)€ 0.01 ordinary sharesDate of dealing2021-01-20 INTERESTS AND SHORT POSITIONS Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3) LongShort Number (%)Number (%)(1) Relevant securities0.000.000.000.00(2) Derivatives (other than options)3,744,855.003.10340.000.00(3) Options and agreements to purchase/sell0.000.000.000.00Total3,744,855.003.10340.000.00 (b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3) Class of relevant security:LongShort Number (%)Number (%)(1) Relevant securities (2) Derivatives (other than options) (3) Options and agreements to purchase/sell Total Ap20 DEALINGS (Note 4) Purchases and sales Purchase/sale Number of relevant securities Price per unit (Note 5) (b) Derivatives transactions (other than options transactions) Product name, e.g. CFDNature of transaction (Note 6)Number of relevant securities (Note 7)Price per unit (Note 5)Equity SwapsReducing a long position14,0325.70Equity SwapsReducing a long position13,0945.03Equity SwapsIncreasing a long position16,7225.03Equity SwapsIncreasing a long position44,9135.70Equity SwapsReducing a long position4,4485.03Equity SwapsReducing a long position4,7575.70Equity SwapsIncreasing a long position1,8285.03Equity SwapsIncreasing a long position4,8975.70Equity SwapsReducing a long position1,9275.70Equity SwapsReducing a long position1,7995.03Equity SwapsReducing a long position29,7825.03Equity SwapsReducing a long position31,7085.70Equity SwapsReducing a long position2395.70 (c) Options transactions in respect of existing relevant securities (i) Writing, selling, purchasing or varying Product name,e.g. call optionWriting, selling, purchasing, varying etc.Number of securities to which the option relates (Note 7)Exercise priceType, e.g. American, European etc.Expiry dateOption money paid/received per unit (Note 5) (ii) Exercising Product name, e.g. call optionNumber of securitiesExercise price per unit (Note 5) (d) Other dealings (including transactions in respect of new securities) (Note 4) Nature of transaction (Note 8)DetailsPrice per unit (if applicable) (Note 5) Ap21 2. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated. Is a Supplemental Form 8 attached? (Note 9) YES/NO Date of disclosure2021-01-21Contact nameAbdi MusseTelephone number+442071443164If a connected EFM, name of offeree/offeror with which connected If a connected EFM, state nature of connection (Note 10)

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