Tuesday, March 9, 2021
The European Union (EU) continues to face COVID-19 vaccine production challenges in the bloc, along with increased COVID-19 infection cases driven by the mutating coronavirus. Whereas the United Kingdom (UK) and United States (US) have seen declines in COVID-19 cases, which is allowing for some easing of restrictions. Tension between the EU and UK remains heightened, particularly with respect to customs issues at Ireland/Northern Ireland’s border. Nevertheless, transatlantic partners came together on some sanctions actions this week.
In the US, the Biden Administration moved this week to suspend the duties imposed against UK and EU goods towards negotiating a settlement in the 16-year large civil aircraft dispute with European countries. The US Senate took another step toward confirming Katherine Tai as the next US Trade Representative this week, while Gina Raimondo officially joined President Joe Biden’s Cabinet as his Secretary of Comm
Oil fell to around $68 a barrel on Tuesday in a choppy session, pressured as concerns faded of a supply disruption in Saudi Arabia, which countered a pause in the dollar's rally and prospects for tighter supply due to OPEC+ output curbs.
A gauge of global stocks was on track for its biggest one-day percentage climb in a week on Tuesday as a fall in U.S. Treasury yields eased concerns the economic recovery could overheat and lead to stronger-than-expected inflation.
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News Direct: Telenor Global Services Selects CSG to Accelerate Its Digital Transformation
London, Ontario (Newsfile Corp. - March 9, 2021) - CSG® (NASDAQ: CSGS) today announced an extension of their multi-year agreement with Telenor Global Services. As part of the expanded engagement, CSG will deploy its innovative, cloud-based digital wholesale solution suite to simplify and streamline Telenor s operations. To enhance customer experience and foster a more efficient business model, our goal is to be fully cloud-based this year, said Tone Snellingen, chief sales officer, Telenor Global Services. Using CSG s digital wholesale solution suite, we can increase quality, speed, and responsiveness for our customers, while driving efficiencies through development and process improvements. Our relationship with CSG will not only help accelerate our digital transformation, but also leverage the cloud to reduce complexities and simplify our network operations.