European stocks are roughly flat around noon in lackluster trade on Tuesday with investors largely refraining from making significant moves, as they await some key economic and earnings updates from the U.S. and major European nations. The U.K.’s FTSE 100 is up 0.3%, while Germany’s DAX and France’s CAC 40 …
Read More »European stocks rise on AstraZeneca, ASM strength
European stocks rose on Wednesday after one of the worst market routs this year as AstraZeneca lifted healthcare stocks on a deal to buy a rare disease drugmaker, while chip equipment producer ASM gained on an upbeat earnings forecast. British drugmaker AstraZeneca jumped 4.2% after saying it will take …
Read More »EU doubles down on threat to block Covid vaccine exports to the UK
The EU today doubled down on its threat to block Covid vaccine exports to the UK as the British Government warned Brussels that ‘the world is watching’. European Commissioner for financial services Mairead McGuinness said ‘everything is on the table’ and the EU’s focus is on ‘protecting our citizens’. She …
Read More »Sunday newspaper round-up: AstraZeneca, Amazon, Retailers
Vaccines Minister Nadhim Zahawi today said AstraZeneca is ‘confident’ its jab prevents serious illness caused by the South African coronavirus variant after early data from a small study suggested the vaccine was less effective against the strain. Mr Zahawi said he had spoken to England’s Deputy Chief Medical Officer Jonathan …
Read More »Tony Blair: UK needs up to five million Covid-19 vaccines a week
T ony Blair has said the entire country needs to be placed under a ramped-up Covid-19 vaccination programme with up to five million jabs a week. His comments on Sunday come as the NHS prepares to roll out the newly approved Oxford University and AstraZeneca jab, with 530,000 doses available …
Read More »Oxford vaccine arrives in UK hospitals: First batches will be ready for use on Monday
The first batches of the newly-approved coronavirus vaccine from Oxford University and AstraZeneca have started arriving at UK hospitals ahead of the jab’s rollout. Some 530,000 doses of the jab will be available from Monday – with vulnerable people taking priority – as Health Secretary Matt Hancock says the inoculation …
Read More »FTSE 100 falls after coronavirus vaccine and Brexit developments
FTSE closes down 0.7% or 47 points at 6,556 after approval for Oxford’s Covid vaccine and vote passing post-Brexit deal were overshadowed by three quarters of UK being plunged into Tier 4 lockdown FTSE 100 index of biggest UK firms down by 0.71% or 47 points at 6,556 today Fall comes …
Read More »Michael Gove: We can ease Covid restrictions early if Oxford vaccine roll-out works
Writing for the Mail on Sunday, Mr Sunak said there would still be “tough days and months ahead”, but added: “The early roll-out of vaccines – and the incredible work of our scientists and NHS – means we can now see light at the end of the tunnel with this pandemic.” Some …
Read More »‘Cliff edge’ fears for union talks send Royal Mail shares tumbling
Fears of an escalation of hostilities with workers’ unions delivered a blow to investors in Royal Mail on Tuesday. The former state postal monopoly has reached a “cliff’s edge” in its relationship with the Communication Workers Union, analysts at JP Morgan said, adding that the outcome of mediation was uncertain. Workers’ …
Read More »Shore Capital Reaffirms “Buy” Rating for AstraZeneca (LON:AZN)
Shore Capital reiterated their buy rating on shares of AstraZeneca (LON:AZN) in a research report sent to investors on Thursday, June 27th, ThisIsMoney.Co.Uk reports. A number of other equities research analysts also recently issued reports on the company. Deutsche Bank reduced their price target on from GBX 217 ($2.84) to …
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