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Brazil's currency looks to have stopped weakening and is stabilizing, indicating that the upward pressure on inflation from a persistently weak exchange rate this year will dissipate, central bank president Roberto Campos Neto said on Thursday.
Global aviation heavyweights led by airline body IATA are pushing to suspend airport slot access rules until October 2021, a document seen by Reuters showed, while giving some ground to budget carriers angered by measures they deem anti-competitive.
The chief executive of Norway's $1.2 trillion sovereign wealth fund has been diagnosed with COVID-19, he said on Thursday, forcing colleagues including the central bank governor into quarantine. Nicolai Tangen said his COVID-19 test, taken on Wednesday, had come up as positive but that he did not know how he contracted the coronavirus.
Britain wants to resume face-to-face trade negotiations with the European Union, but it is a decision for Brussels, a spokesman for Prime Minister Boris Johnson said on Thursday, reiterating that London was trying to bridge the gaps in the talks.
Brazil's economy added a net 394,989 formal jobs in October, economy ministry figures showed on Thursday, the fourth month in a row of job gains, a new monthly record, and far more than the 233,500 forecast in a Reuters poll of economists. It reduces the net number of formal job losses in the first 10 months of the year to 171,139, the figures showed.
Global aviation heavyweights led by airline body IATA are pushing to suspend airport slot access rules until October 2021, they said on Thursday, but will give some ground to budget carriers angered by measures they deem anti-competitive. The draft proposal, first reported by Reuters, was issued jointly by IATA, airports body ACI and slot coordinator association WWACG.
Global aviation heavyweights led by airline body IATA are pushing to suspend airport slot access rules until next October, according to a document seen by Reuters, while giving some ground to budget carriers angered by measures they deem anti-competitive.
Euro zone bond yields edged down on Thursday as dovish messaging from the European Central Bank's chief economist and the minutes of its October meeting provided further confirmation of widely expected stimulus at its next gathering.
More than 20 million people across large swathes of England will be forced to live under the toughest category of COVID-19 restrictions when a national lockdown ends on Dec. 2, while London was placed in the "high alert" second-toughest tier.
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