British consumer spending fell over the past week and the proportion of people on furlough and who are working exclusively from home increased, as the country remained in a coronavirus lockdown, official figures showed on Thursday.
BlackRock’s long road to green leadership has passed another milestone. The $9 trillion asset manager on Wednesday said it would require companies which emit lots of carbon dioxide to set nearer-term targets for cutting greenhouse gases, as well as more fully disclosing.
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MADRID (Reuters) - Evaristo Pose says he has lost 86,000 euros ($104,000) due to the COVID-19 pandemic, forcing him to dip into his savings to keep his central Madrid restaurant “Dominguez” afloat.
Begona Fraire, chef and owner of restaurant Etimo , prepares a dish in the kitchen of her restaurant in Madrid, Spain, February 17, 2021. REUTERS/Sergio Perez
The restaurant, which caters mostly to office workers in the Spanish capital, suffered an 80% drop in revenue last year. Like many other Spanish restaurateurs, Pose, 46, wants direct state aid to compensate him for restrictions that have forced him to stay shut or operate at reduced capacity.
Romania's centrist government is to cap state pensions when it approves a "credible" budget on Friday that is targeting a deficit of 7.16% of GDP, Prime Minister Florin Citu said on Thursday.
European Central Bank policymakers expressed fresh concerns over the euro's strength but appeared relaxed over the recent rise in government bond yields, the accounts of their Jan 21 meeting showed on Thursday.