the financial conduct authority _ future. the financial conduct authority stepped _ future. authority stepped in - future. the financial conduct authority stepped in and - future. the financial conduct| authority stepped in and took future. the financial conduct - authority stepped in and took some insurers to court pursuing a test case or whether the pandemic was covered by these policies. insurers argue only the most special policies had cover for argue only the most special policies had coverfor such argue only the most special policies had cover for such unprecedented restrictions. that appeal was rejected by the supreme court today. the verdict will come as a huge relief for the businesses across the country that have been struggling to make ends meet but with many on the brink of going bust those payments cannot come soon enough. whilst brink of going bust those payments cannot come soon enough. whilst more comlex cannot come soon enough. whilst more complex claims — cannot come soon enough. whilst more complex claims may — cannot come soon enough. whilst more complex

the supreme court has substantially allowed an appeal brought by the financial conduct authority in relationve this year as part of an agreement the trump administration signed with the taliban. the pullout marks the beginning of the end of the us's 20—year war in afghanistan. 0ur correspondent yogita limaye is in kabul and she says there are concerns about what will happen when the troops leave. i think questions are really being asked about what lasting gains have been made in 20 years of war. this withdrawal is part of an agreement that the trump administration signed with the taliban last year. according to it, all us forces have to withdraw by spring this year. but many are questioning whether the conditions that were laid out in that agreement have been fulfilled on the ground. the nato chief has warned that this withdrawal is hasty, and if they do it too soon, there would be a heavy price to pay. i also asked that question to vice—president amrullah saleh, who believes that the mission that international troops came here on has not been accomplished. he talked about the threat of al-q

financial conduct authority issuin a strong rning to investors that get into crypto asts should preparedlose everything, every single cent that they invest in it because this is an area that has no regulation or protection. >> wise words that people would do well to note. kate moody with all the business, thank you. the maldives open again for business. those who can afford it are flocking therefore fun in the sun in what many consider to be a paradise on earth. the first thing required to get in now is a negative covid-19 test. >> it's difficult to find a dream year landscape, with its splendid isolation and taking the beautiful coral reef, the maldives are a real-life picture postcard. coronavirus has kept visitors away for months. but now they are returning. in the capital, the previously grounded seaplanes are taking off again. they take tourists to the hundreds of island rests that ma up the archipelago, with a flight every 10 minutes. companies are well on their way to recovery. >> we already have almost 500 passengers on average. previously it used to be 800 that got on. that's a

they've exchanged contracts, and the deal is now awaiting approval from the financial conduct authorityrged last week in the usa when the daugther of basketball legend dennis rodman was drafted into play for washington spirit, a football team in womens soccer league. she's been speaking to katie smith. i'm excited to get in there, there's so much excitement i can't believe it's real. injust the amount of people texting me saying that i'm inspiring them, it's just nice to think that i'm inspiring other people and that they're looking up to me in a way. and i'm excited to have them watch me, and to help them in their journey if they need it. i think the past couple months, i've been thinking about it, but it really came into perspective that i really was going to do it the past couple of weeks, maybe a month. and i don't know, this decision has been really hard, but i'm extremely thankful that it turned out, and gratefulfor this opportunity of being the second draft pick. so it's insane. irate this opportunity of being the second draft pick. so it's insane.— draft pick. so it's insane. we

the us securities and exchange commission saying: and the uk's financial conduct authority warned: buty on friday, us stock markets were down around 2% but gamestop, after robinhood eased restrictions, saw a big increase. if this is a war between the wolves of wall street and the reddit rebels, no—one's flying the white flag just yet. tim allman, bbc news. protestors in lebanon's northern city of tripoli have clashed with security forces for a fourth night over strict lockdown measures. many have been left without an income in a country where a third of the workforce is unemployed and the coronavirus pandemic has furthered lebanon's deep economic crisis. from tripoli, carine torbey reports. ahmad and four of his children live here. unemployed and short of money, he has very little to feed the kids, let alone enough to send them all to school. translation: everything is expensive. _ i can't afford meat or chicken. we mostly eat bread. i've been looking for a job for some time, but there aren't anyjobs. all i can afford is one meal a day for the kids, and sometimes even that is not possi

the us securities and exchange commission saying: and the uk's financial conduct authority warned: butiday, us stock markets were down around 2% but gamestop, after robinhood eased restrictions, saw a big increase. if this is a wall between the wolves of wall street and the reddit rebels, no—one is flying the white flag just yet. tim allman, bbc news. the indian supreme court is hearing contempt of court cases against a cartoonist and a stand—up comedian for criticising the judges over a recent ruling. the legal action against the two artists are seen by critics as a reflection of the diminishing space for dissent and criticism in the country. from delhi, here's anbarasan ethirajan. cartoonist rachita taneja at work. simple line drawing but with powerful messages. in one of her recent cartoons, she criticised the supreme court's decision to grant bail to a pro—government news anchor. she's now facing contempt of court charges and could face up to six months in jail. this is censorship, plain and simple. it's not only sending a message to these specific people who are being arrested, it

the financial conduct authority says financial assets linked them -- links to them are high-risk forrs. of consumerhe lack protection. a group of hsbc shareholders are asking the bank to cut it support to the fossil fuel industry. share action, a u.k. nonprofit, is coordinating the plan, which is said to be backed by a group. they are asking hsbc to publish a strategy to reduce its exposure to fossil fuel assets and set targets in line with the paris agreement. elon musk is bringing his broadband system to the u.k. the world's just man aims to rollout superfast broadband by sending thousands of satellites into earth's orbit. he is testing a service in north america. the approval allows much in the british broadband market to compete with mainstream providers. that is your bloomberg business flash. francine? francine: u.k. is ramping up its vaccine rollout with the opening of seven regional centers this week. that comes as the nation's hospitals have struggled to cope with surging cases. it is a race against time to administer vaccines which the u.k. says it is making good progress on

and the uk's financial conduct authority warned uk investors should take care when trading shares in fully understand the risks that they are taking. but is anyone listening? at close of play on friday, the us stock markets were down around 2%. but gamestop, after robinhood eased restrictions, saw a big increase. this is a wall between the walls of wall street and the reddit rebels. no—one is flying the right flag just yet. —— white flag. tim allman, bbc news. there's been a third successive night of street demonstrations in the polish capital warsaw, in protest at new laws restricting abortion. protesters chanted the number of an abortion helpline and carried colourful banners bearing slogans such as "liberty, equality abortion on demand". poland's constitutional court approved the law last october, but its introduction was delayed following large protests. it was suddenly enacted on wednesday, provoking renewed outrage from supporters of the right to abortion. the indian supreme court is hearing contempt of court cases against a female cartoonist and a stand—up comedian for critici

the case was brought by the financial conduct authority and a group of firms whose insurers had refusedruling could prove a lifeline for companies struggling to stay afloat. our business correspondent kevin peachey reports. a patisserie, a holiday cottage, a photography studio and a skin clinic — varied small businesses, owners united in fury when their insurance claims for lost earnings in lockdown were turned down. now they and tens of thousands of other small firms have been given hope of a payout. running a hair salon in central london, james is one of them. it will enable our business to keep going, and we've got debts to pay down, and we've got employees that we are responsible for, so being able to get through this difficult final phase of the pandemic, a payout would mean the world to that. insurers had argued many business interruption policies were never intended for such unprecedented restrictions in a pandemic, but they agreed with the regulators to a legal case to test various policy wordings. now supreme courtjudges have sided broadly with the policyholders, the small busi

the case was brought by the financial conduct authority and a group of firms whose insurers had refusedey reports. a patisserie, a holiday cottage, a photography studio and a skin clinic — varied small businesses united in fury when their insurance claims for lost earnings in the lockdown were turned down. now they and tens of thousands of other small firms have been given hope of a payout. running a hair salon in central london, james is one of them. it will enable our business to keep going, and we've got debts to pay down, and we've got employees that we are responsible for, so being able to get through this difficult final phase of the pandemic, a payout would mean the world to that. insurers had argued many business interruption policies were never intended for such unprecedented restrictions in a pandemic, but they agreed with the regulators to a legal case to test various policy wordings. now, supreme courtjudges have sided broadly with the policyholders for small businesses in a ruling that means many, but not all, will be compensated. each claim has to be assessed individually

the financial conduct authority stepped in, taking some insurers to court, pursuing a test case overthe pandemic was covered by these policies. insurers argue that only the most specialist policies had cover for such unprecedented restrictions. that appeal was rejected by the supreme court today. the verdict will come as a huge relief for the businesses across the country that have been struggling to make ends meet. but with many on the brink of going bust, those payments can't come soon enough. whilst the more complex claims may take a little while, one would hope for a small business that is clearly being shut down, the money can be paid very quickly, within weeks. there is no reason why that should not happen now. the pay—outs will cost the insurance sector hundreds of millions of pounds. the association of british insurers put out a statement saying... for many businesses, the ruling today will be a lifeline that could mean they are able to continue to trade, but with no sign of when restrictions will ease again, some are worried the payments will not go far enough. earlier i spo

the case was brought by the financial conduct authority and a group of firms whose insurers had refusedness interruption policies. the ruling could prove a lifeline for companies struggling to stay afloat. our business correspondent kevin peachey reports. a patisserie, a holiday cottage, a photography studio and a skin clinic — varied small businesses but owners united in fury when their insurance claims for lost earnings in the lockdown were turned down. now they and tens of thousands of other small firms have been given hope of a pay—out. running a hair salon in central london, james is one of them. it will enable our business to keep going, and we've got debts to pay down, and we've got employees that we are responsible for, so being able to get through this difficult final phase of the pandemic, a pay—out would mean the world to that. insurers had argued many business interruption policies were never intended for such unprecedented restrictions in a pandemic, but they agreed with the regulators to a legal case to test various policy wordings. now, supreme courtjudges have sided broa

looking to benefit from the crypto boom, be ready to lose all your money, the financial conduct authorityed to them are risky for customers. it's concerns include the complexity of the product and the lack of consumer production -- protection. the u.k. is well-positioned compared to other countries. it says the u.k. has slipped behind the u.s. and its rankings but remains ahead of the rest of the g7. elon musk is bringing his a star the broadband system to u.k.. he is sending thousands of satellites into low-earth orbit. he has already launched thousands and is testing a beta service in america. thellows musk to enter into british broadband market and compete. >> up next on the program how -- laura that occur be cooper next. this is bloomberg. ♪ >> welcome back to the european 52 minutes in this sunday -- monday session. stocks here at 600 down half a percent. joining us now is mark cooper. we find our set -- laura cooper. how do you put together the fact we seem to be pausing on that with yields going down on u.s. treasuries right now. at the dollar is gaining, we are selling risk assets

the financial conduct authority stepped in taking some insurers to court, pursuing a test case or whether cover for such unprecedented restrictions. that appeal was rejected by the supreme court today. the verdict will come as a huge relief for the businesses across the country that have been struggling to make ends meet, but with many on the brink of going bust those payments can't come soon enough. whilst the more complex claims may take a little while, one would hope for a small business that is clearly being shut down, the money can be paid very quickly, within weeks. there is no reason that should not happen now. the pay—outs will cost the insurance sector hundreds of millions of pounds. the association of british insurers put out a statement saying... for many businesses, the ruling today will be a lifeline that could mean they are able to continue to trade, but with no sign of when restrictions will ease again, some are worried the payments will not go far enough. we arejust a we are just a few minutes away from the latest government coronavirus briefing. let's speak to our politic

i spoke to the financial conduct authority earlier and they say they are monitoring the situation, firmsion, not to use that word again! everything is at the moment. we will get back to precedented times in a moment. the united arab emirates has been added to the "red list" of countries from where travel to the uk is banned — along with burundi and rwanda. the measure is aimed at stopping the spread of the south african variant and comes into force today. the uae ban comes after criticism of british social media influencers visiting dubai in recent weeks. climate change has been a major theme of this year's world economic forum conference, normally held in davos, but taking place online this year. movie star robert downeyjunior is best known for playing a fictional tech tycoon in iron man, but he's been telling the bbc�*s rory cellanjones about his new role — as the real head of an investment fund promoting green technology. i realised a few years ago that i'd amassed a pretty wide audience, i guess you'd call that followers nowadays. it seemed like just posting more videos of me dancing

gary gensler will had the cec, and rohit chopra named to have the consumer financial protection bureau. authorities are conducting insider threat screening on the 25,000 national guard troops coming to washington for the inauguration. according to the washington post, they are concerned about extremism. a number of writers who stormed the capital turned out to have links to the military. in china the economy exceeded its pre-pandemic growth rate in the fourth quarter. for all of 2020, the chinese economy grew 2.3% at a time when its major peers such as the u.s. and japan contracted. the u.s. and the european union have condemned the russian decision to detain alexey navalny. the police took him into custody when he arrived in moscow after being treated in germany for poisoning. authorities say he is accused of violating the terms of a suspended sentence. he is a critic of the russian president. global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. i am leigh-ann gerrans. this is bloomberg. matt: coming up, we will speak wit