Alibaba Group increases share repurchase programme to $10 billion

Broncos vs. Chargers live blog: Real-time updates from the NFL Week 16 game at SoFi Stadium – The Denver Post

Live updates, tweets, photos, analysis and more from the Broncos game against the Los Angeles Chargers at SoFi Stadium in Inglewood, Calif., on Dec. 27, 2020.

Mobile users, if you can’t see the live blog, tap here.

Saudi Arabia to Allow Foreigners to Leave Kingdom: State TV

Saudi Arabia’s aviation authority has allowed airlines to resume flights to transport foreigners out of the kingdom, state television reported.

The decision excludes countries dealing with the new variant of Covid-19 and crew members of flights landing in the kingdom are not allowed to leave their planes, the report said.

Saudi Arabia suspended all international flights a week ago, citing a lack of information on the new strain, the state-run SPA reported then. The move followed a decision in the U.K. to impose a lockdown in London and southeast England to control the fast-spreading strain of the coronavirus at the time.

U.K. and Turkey Expected to Sign Continuity Trade Deal Tuesday

The U.K. expects to sign a continuity agreement with Turkey on Tuesday to roll over tariff-free trade arrangements worth 18.6 billion pounds ($25 billion) last year.

“It will provide certainty for thousands of jobs across the U.K. in the manufacturing, automotive and steel industries,” Trade Secretary Liz Truss said in an email. “We now look forward to working with Turkey towards an ambitious tailor-made U.K.-Turkey trade agreement in the near future.”

The deal, which will be the first signed since the U.K. reached a trade accord with the European Union on Dec. 24, will be signed this week subject to approval from the bloc, which has a Customs Union agreement with Ankara, Truss’s office said.

WATCH: Broncos’ Drew Lock sneaks in for the touchdown against Chargers – The Denver Post

With the Broncos down 16-6 on the 1-yard line, the team turned to their second-year quarterback.

Drew Lock kept the ball and sneaked it in for a touchdown on Sunday against the Chargers. It was Lock’s third rushing touchdown of the season.

The score cut Los Angeles’ lead to 16-13.

President Trump signs COVID relief, government funding bill

‘We need that money or we close’: Bobby Van’s Steakhouse owner on more stimulus

Bobby Van’s Steakhouse owner Joseph Smith gives his perspective on the latest stimulus bill and what’s needed to help the restaurant industry.

President Trump has signed the COVID-19 relief and government spending package, a source told FOX Business on Sunday.

Continue Reading Below

"Good news on Covid Relief Bill," President Trump tweeted Sunday evening. "Information to follow!"

CLICK HERE TO READ MORE ON FOX BUSINESS

The announcement came after Trump continued to push lawmakers over the weekend to increase direct payments for Americans from $600 to $2,000 and to get rid of the "pork" in the legislation.

Trump previously stalled the $900 billion relief bill on Tuesday, calling it a "disgrace" and claiming it has "almost nothing to do with COVID."

"Congress found plenty of money for foreign countries, lobbyists and special interests while sending the bare minimum to the American people who need it," Trump said.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

This is a developing story. Check back for updates.

Broncos game balls and gassers: Jerry Jeudy drops five passes in loss to Chargers

Game Balls

Gassers

Trump Signs Virus Aid Bill After Panning $600 Stimulus Checks

President Donald Trump signed a bill containing $900 billion in pandemic relief, according to a Republican familiar with the matter, triggering the flow of aid to individuals and businesses and averting the risk of a partial government shutdown on Tuesday.

In addition to aid to stem the economic effects of the pandemic, the legislation Congress passed Monday also includes $1.4 trillion in government spending to fund federal agencies through the end of the fiscal year in September. The government had been operating on temporary spending authority that expires after the end of the day Monday.

The combined $2.3 trillion package was the product of intense negotiations, from which Trump was largely absent until he voiced his concerns about the amount of stimulus payments to individuals after the bill was already passed.

Trump Signs Virus Aid Bill After Panning $600 Stimulus Checks

President Donald Trump signed a bill containing $900 billion in pandemic relief, according to a Republican familiar with the matter, triggering the flow of aid to individuals and businesses and averting the risk of a partial government shutdown on Tuesday.

In addition to aid to stem the economic effects of the pandemic, the legislation Congress passed Monday also includes $1.4 trillion in government spending to fund federal agencies through the end of the fiscal year in September. The government had been operating on temporary spending authority that expires after the end of the day Monday.

The combined $2.3 trillion package was the product of intense negotiations, from which Trump was largely absent until he voiced his concerns about the amount of stimulus payments to individuals after the bill was already passed.

Alibaba Group increases share repurchase programme to $10 billion

FILE PHOTO: The Alibaba Group logo is seen during the company’s 11.11 Singles’ Day global shopping festival at their headquarters in Hangzhou, Zhejiang province, China, November 11, 2020. REUTERS/Aly Song

(Reuters) – Alibaba Group Holding Ltd said on Sunday its board has authorized an increase in the company’s share repurchase programme to $10 billion from $6 billion.

“This Share Repurchase Program will be effective for a two-year period through the end of 2022,” Alibaba said in a statement bwnews.pr/38IF0r7 late on Sunday.