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5 Things You Need To Know, Today, on Friday 11th December 2020
5. Shares in holiday booking platform Airbnb have surged on their first day of public trade, giving the firm a valuation of more than $100bn.
The massive listing – the biggest of the year in the US – raised $3.5bn (£2.6bn) for the firm.
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4. Disney has unveiled plans for a major expansion of its Star Wars and Marvel franchises on its Disney+ subscription streaming service.
The company said that its upcoming films Peter Pan & Wendy and Tom Hank’s Pinocchio will be launched directly onto Disney+, skipping theatres.
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3. UK banks can start paying shareholders dividends again, according to the Bank of England.
The Prudential Regulation Authority, a regulator and part of the central bank, said banks are strong enough to do so.
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2. Royal Mail has acknowledged delays to its deliveries amid “exceptionally high volumes” of post and anti-Covid measures.
Despite “exhaustive planning”, some customers may be experiencing “slightly longer delivery timescales” than normal, the postal group said.
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1. Boris Johnson says there is a “strong possibility” the UK will fail to strike a post-Brexit trade deal with the EU.
Speaking for the first time since a crunch meeting in Brussels, the PM said “now is the time” for firms and people to prepare for a no deal outcome.
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The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.
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