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Consortium set to increase bid for Kaz Minerals – FT By Reuters

(Reuters) - The consortium bidding for Kaz Minerals is set to increase its 3.7 billion pounds ($5.08 billion) offer for the London-listed copper miner, the Financial Times reported on Thursday. Nova Resources, which is controlled by Kaz Chair Oleg Novachuk and metals tycoon Vladimir Kim, has until Friday to change the terms of its 780-pence-per-share cash bid, the newspaper said, citing...

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UK talking to vaccine manufacturers to address pinch points By Reuters

LONDON (Reuters) - Britain is in constant contact with the manufacturers of its vaccines to understand and address any potential pinch points in supply, a spokesman for the health department said on Thursday. "From the outset we have been clear that supply will vary over time, but we remain on course to offer a first vaccine to over 50s by mid-April...

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City of London grasping that EU will be closed for financial services, says lawmaker By Reuters

By Huw Jones LONDON (Reuters) - The is a growing realisation that Britain should not wait for unlikely European Union access for financial services but get on with building a more competitive City of London, a senior lawmaker said on Thursday. Britain left the bloc's orbit in December and its new trade deal with the EU does not include financial services. Jonathan...

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Junior Credit Suisse bankers to get $20,000 ‘lifestyle’ bonus By Reuters

LONDON (Reuters) - Credit Suisse (SIX:CSGN) will give more junior members of its capital markets and deal businesses a $20,000 "lifestyle" allowance as it tries to maintain morale among staff feeling the strain from heavy workloads and remote working. Stress among junior bankers has come into focus after a survey by 13 Goldman Sachs (NYSE:GS) first year analysts highlighting their...

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Generali lifts Aviva Poland bid in battle with NN, sources say By Reuters

By Pamela Barbaglia, Stephen Jewkes and Agnieszka Barteczko MILAN (Reuters) - Italian insurer Generali (MI:GASI) has nudged up its bid for Aviva (LON:AV)'s Polish arm, valuing the business at almost 2.5 billion euros ($3 billion), in a last-ditch effort to prevail over Dutch insurer NN, two sources familiar with the matter told Reuters. London-listed insurer Aviva received three binding bids...

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Canada shares higher at close of trade; S&P/TSX Composite up 0.24% By Investing.com

Investing.com – Canada equities were higher at the close on Thursday, as gains in the Healthcare, Clean Technology and Consumer Discretionary sectors propelled shares higher. At the close in Toronto, the S&P/TSX Composite added 0.24%. The biggest gainers of the session on the S&P/TSX Composite were Boralex Inc (TSX:BLX), which rose 5.26% or 1.93 points to trade at 38.61 at the...

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Cricket-England captain Morgan out of India ODIs with hand injury By Reuters

(Reuters) - England skipper Eoin Morgan has been ruled out of the final two one-day internationals against India in Pune after splitting the webbing between his thumb and index finger in Tuesday's opener, the England and Wales Cricket Board (ECB) said on Thursday. Jos Buttler will be captain from Friday's second match, while batsman Liam Livingstone is set to make his ODI...

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Boeing Rises as 787 Dreamliner Deliveries to Return By Investing.com

By Christiana Sciaudone Investing.com -- Boeing (NYSE:BA) rose nearly 3% as it is set to resume delivering 787 Dreamliners this week, Bloomberg reported, citing people familiar. The company had stopped deliveries for five months as mechanics sought out structural flaws in the carbon-fiber aircraft, Bloomberg reported. The wide-body aircraft has faced production issues over the past year and resulted in the suspension of...

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Meme Stocks GameStop, Koss and AMC Have Their Day Again By Investing.com

By Dhirendra Tripathi Investing.com – It’s meme stocks day again. After all, it had been some time since they had a burst the same day. GameStop (NYSE:GME), the most favorite of the Reddit gang, and Koss (NASDAQ:KOSS) were up over 40% each while their partner in the party, AMC (NYSE:AMC), rose 22%. Meme stocks have a cult following of their own and it...

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UK fund manager LGIM says it is unlikely to participate in Deliveroo IPO By Reuters

By Abhinav Ramnarayan LONDON (Reuters) - British money manager Legal & General Investment Management said on Thursday it is unlikely to participate in food delivery firm Deliveroo's upcoming initial public offering (IPO) due to the enhanced voting rights held by founder Will Shu. Deliveroo is in the final stages of what could be Britain's biggest stock market debut in nearly a...

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