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. Italian Prime Minister Mario Draghi’s administration is about to accelerate Italy’s Covid-19 vaccination program, taking inspiration from the U.K. campaign, in an effort to …
Read More »When Covid infection rates dip, inflation rates may well rise | 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 …
Read More »U.K. Prioritized Virus Fight Over Transparency, Hancock Says
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 …
Read More »All adults get 1st jab by July 31
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 …
Read More »Serbia welcomes AstraZeneca vaccine shipment
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 …
Read More »Pound hits $1.40 on vaccine optimism; UK retail sales tumble 8.2% – as it happened | Business
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 …
Read More »UK vows to share vaccines, but details thin as G-7 meets
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 …
Read More »Nvidia cryptocurrency mining processor for Ethereum announced
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 …
Read More »Walmart, Hormel Foods, Marriott, others
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 …
Read More »Budget to provide fresh Covid rescue package as tax rises deferred | UK news
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 …
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