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Dollar oscillates as market digests US inflation data, ECB

Read more about Dollar oscillates as market digests US inflation data, ECB on Business Standard. The dollar index, which measures the greenback against a basket of major currencies, has fluctuated narrowly around the psychologically important 90 level, and was last down 0.08% at 90.058. ....

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Buckingham Palace to get law firm to conduct Meghan bullying probe: Report

Buckingham Palace plans to hand over an investigation into allegations that Meghan Markle, the Duchess of Sussex, may have bullied staff during her time as a frontline royal with Prince Harry in Britain to external investigators, a UK media report said on Sunday.
Earlier this month, the palace had confirmed that a probe would be conducted after The Times published a leaked email from a staff member alleging that the former American actress drove two personal assistants out of the royal household and undermined the confidence of a third member of staff.
Now, The Sunday Times reports that it has been decided that the inquiry would be handed to a third-party law firm to conduct an independent investigation, rather than an inhouse inquiry. ....

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UK economy contracts 2.9% in January, trade with EU hit hard by Brexit

Britain s economy shrank by less than feared in January as the country went back into a coronavirus lockdown, official data showed, but trade with the European Union was hit hard at the start of the country s new, post-Brexit trading relationship.
Gross domestic product in January was 2.9% lower than in December, the Office for National Statistics said.
Economists polled by Reuters had expected a contraction of 4.9%.
Britain s economy is likely to shrink by 4% in the first quarter of 2021, due mostly to the latest lockdown but also because of disruption caused by new, post-Brexit rules for trade with the European Union, the Bank of England said last month. ....

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With Prince Philip in the Hospital, a Look at His Life

Princes are thin on the ground these days. While there are still a few royals reigning across Europe, the world of interrelated international royalty that evoked a glittering combination of Grimm’s fairy tales and Ruritania is long dead everywhere except Netflix Christmas movies. But there’s one person left who’s a living connection to the milieu of European monarchy: Prince Philip, Duke of Edinburgh, who will turn 100 years old in June and is currently in the hospital. Buckingham Palace informed media that after a two-week stay at London’s King Edward VII Hospital, he’s been moved to Bartholomew’s Hospital for further treatment of a stubborn infection and a “preexisting heart condition,” but that it’s responding to treatment and he “remains comfortable.” ....

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