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UK’s new green plan backs 250,000 jobs

Bloomberg UK Prime Minister Boris Johnson announced a 12 billion-pound ($15.9 billion) plan to boost green industries and tackle climate change, in a blueprint he says will create or support as many as 250,000 jobs. As he seeks to relaunch his premiership and revive the economy, Johnson aims to use his plan for a “green industrial revolution” to deliver on ...

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Maersk starts $1.6b share buyback as guidance raised

Bloomberg AP Moller-Maersk A/S has launched a $1.6 billion share buyback program, as the world’s biggest container shipping company says the Covid crisis has so far dented its business less than feared. Copenhagen-based Maersk, which raised its guidance for a second time since October, reported a 39% increase in Ebitda to $2.3 billion in the third quarter. Profit by that ...

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Europe stocks, US futures slip on coronavirus spread

Bloomberg European stocks slipped with US futures as new virus cases continue to mount in major cities around the world. The Stoxx Europe 600 Index fell 0.2% and the Nikkei 225 Stock Average lost 1.1% after Tokyo reported a record number of new Covid-19 infections. Treasury yields and the dollar extended declines after Federal Reserve Chair Jerome Powell said the ...

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