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Watch: Pound and FTSE 100 fall sharply as markets react to Europe’s UK travel bans UK stocks and the pound sold off sharply on Monday morning, as investors reacted to fresh pandemic restrictions in Britain and news that much of Europe had shut its borders to the UK. Billions were wiped off the FTSE 100 on Monday morning after a new more infectious strain of COVID-19 sparked panic among investors. Stock markets fell sharply around the globe amid fears that the strain could spread… Source link

By Nadezhda Tsydenova, Anna Rzhevkina (Reuters) – A draft law proposing to limit foreign shareholdings in Russian companies that offer online video streaming services to 20% could worsen the investment climate, a spokesperson for internet giant Yandex told Reuters on Monday. FILE PHOTO: The logo of Russian internet group Yandex is pictured at the company’s headquarter in Moscow, Russia October 4, 2018. REUTERS/Shamil Zhumatov Russian lawmaker Anton Gorelkin on Friday submitted the draft law to… Source link

CANBERRA, Australia (AP) — A Google executive said Friday that a proposed Australian law to make digital platforms pay for news was unworkable, and its proposed arbitration model was biased toward media businesses. Google Australia and New Zealand Managing Director Mel Silva made her first public comments on the details of the proposed legislation since it was introduced to Parliament last week. The so-called News Media and Digital Platforms Mandatory Bargaining Code would force Google and… Source link

The New Orleans Saints suffered a close loss to the Kansas City Chiefs on Sunday in a game that could have swung on any number of plays. Cam Jordan believes that he personally cost the Saints the game with a play that got him ejected in the fourth quarter. With the Chiefs leading, 21-15 with 13:55 remaining, Jordan was ejected for punching Kansas City offensive lineman Andrew Wylie in the helmet. The Saints defensive end also drew a 15-yard unsportsmanlike conduct penalty for the incident that… Source link

Yahoo News Australia ‘He is going to kill me’: Slain woman’s harrowing texts revealed Emily Montgomery’s body was found on Saturday in Raleigh, North Carolina, the Apex Police Department said. Jose Carlos Jacome-Granizo, 29, was arrested on December 10 and charged with first-degree murder in the woman’s death. Ms Montgomery was a single mother who lived in Apex, a town in Wake County. Source link

SYDNEY (Reuters) – Australian Competition and Consumer Commission Chairman (ACCC) Rod Sims said proposed laws that will make Australia the first country in the world to force Google and Facebook to pay for news were fair and critical for the survival of the media industry. FILE PHOTO: Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims, pictured in Sydney, Australia, October 31, 2016. REUTERS/Jason Reed Sims said he was surprised to hear criticisms from Google about the… Source link

SYDNEY (Reuters) – Australian Competition and Consumer Commission Chairman (ACCC) Rod Sims said proposed laws that will make Australia the first country in the world to force Google and Facebook to pay for news were fair and critical for the survival of the media industry. FILE PHOTO: Australian Competition and Consumer Commission (ACCC) Chairman Rod Sims, pictured in Sydney, Australia, October 31, 2016. REUTERS/Jason Reed Sims said he was surprised to hear criticisms from Google about the… Source link

NEW ORLEANS (AP) — New Orleans Saints quarterback Drew Brees‘ return from injury got off to a rough start with no completions and one interception on his first six passes. The 41-year-old Brees had moments where he looked like his old, record-setting self. But there were too many others when he didn’t, contributing to a 32-29 loss to the Kansas City Chiefs on Sunday. ”I can tell you the first four drives were not what we wanted with four three and outs,” said Brees, who completed just 15 of… Source link

After treating their fans to 13 consecutive losses, with barely any of them being remotely competitive, the New York Jets decided to spread some holiday cheer on Sunday. They went out and won, defeating the Los Angeles Rams 23-20. In doing so, New York torched its future by giving up the inside track on the No. 1 overall selection in the 2021 NFL draft … i.e. Clemson quarterback Trevor Lawrence. You can’t fault players or coaches for competing and then celebrating a victory, their first of… Source link