Tag Archives: business

Andy Haldane caused quite a stir this month when he suggested the economy was like a coiled spring waiting to go off. As the Bank of England’s chief economist has discovered, it’s harder to be a Tigger than an Eeyore. Predictions of impending disaster tend to be forgotten even when …

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. The U.K. government failed to meet some deadlines over publishing coronavirus-related contracts because it was acting “incredibly quickly” to secure equipment at the height …

LONDON (AP) — The British government declared Sunday that every adult in the country should get a first coronavirus vaccine shot by July 31, at least a month earlier than its previous target, as it prepared to set out a “cautious” plan to ease the U.K.’s lockdown. The new target …

BELGRADE, Serbia — Serbia has received a first shipment of 150,000 AstraZeneca vaccines, adding to the three other vaccines already in use. The Balkan nation of 7 million has administered more than 1 million doses so far, which is among the top results in Europe. Most Serb citizens have received …

3.12pm GMT15:12 Closing summary The pound has powered past $1.40 for the first time in almost three years and has clawed most of the losses suffered since the Brexit vote in June 2016. It hit $1.4036, the highest level since 20 April, 2018, and is getting closer to $1.4860, the …

LONDON (AP) — Leaders of the Group of Seven economic powers are holding their first meeting of 2021 on Friday, and vowing to share coronavirus vaccines with the world’s poorest countries — though details of how soon and how much they will give remain scarce. Prime Minister Boris Johnson of …

Jensen Huang, president and CEO of Nvidia, speaks during the company’s event at the 2019 Consumer Electronics Show in Las Vegas on Jan. 6, 2019. David Paul Morris | Bloomberg | Getty Images Nvidia on Thursday announced it will release a new series of semiconductors specifically for mining ether, the …

Check out the companies making headlines before the bell: Walmart (WMT) – Walmart reported adjusted quarterly earnings of $1.39 per share, which includes a 7-cent impact from UK tax repayment. The consensus estimate had been $1.50. Revenue did beat forecasts, and US comparable sales excluding fuel were up 8.6% compared …

Rishi Sunak’s March budget will be a fresh Covid rescue package that will defer plans for significant tax increases as the chancellor throws his weight behind a cautious approach to reopening the economy, government sources have confirmed. Boris Johnson signalled on Wednesday that the government would take a slow path …

WASHINGTON (AP) — President Joe Biden has picked a former Obama administration official to run the Centers for Medicare and Medicaid Services. The agency oversees government health insurance programs covering more than 1 out of 3 Americans and is a linchpin of the health care system. If confirmed by the …