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Covid-19 in 2021: Déjà Vu, or the Beginning of the End? By Investing.com

By Geoffrey Smith Investing.com --It’s a year since China confirmed its first deaths from the Covid-19. While the consensus is that the worst is now behind us, it’s becoming clear that even mass vaccinations won’t return the world to its pre-pandemic state immediately. Yes, vaccinations are now taking place across the world, at increasing pace. Drugs from Pfizer (NYSE:PFE)...

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Sterling hits 1-week low vs dollar as risk sentiment pulls back By Reuters

By Ritvik Carvalho LONDON (Reuters) - Sterling fell to its lowest in a week against the dollar and traded near one-week lows against the euro on Tuesday as more subdued risk sentiment across broader asset markets weighed on the currency. Broader equity markets as measured by MSCI's All Country World Index and Wall Street futures were lower on Tuesday, giving the dollar...

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London stocks gain as AstraZeneca, Indivior jump By Reuters

(Reuters) - British stocks rose on Tuesday after drugmaker AstraZeneca denied reports that its COVID-19 vaccine was less effective in the elderly population, while Indivior surged after its former parent withdrew a $1.4 billion legal claim. The blue-chip FTSE 100 index climbed 0.5%, with healthcare stocks leading the gains, while the domestically focussed mid-cap index added 0.2%. Drugmaker AstraZeneca gained 0.7% and...

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Novartis’s regulatory delays add to pandemic sales hit By Reuters

By John Miller ZURICH (Reuters) - Switzerland's Novartis said delays of two blockbuster hopefuls - heart drug Leqvio that cost it $10 billion and $2.1 million-per-patient Zolgensma - remain in regulators' hands, dragging on sales already hit by the pandemic. Novartis shares fell 3% as analysts deemed the drugmaker's 2021 targets disappointing. Chief...

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EU sustainable investment rules need better corporate data – banking report By Reuters

By Simon Jessop and Kate Abnett LONDON (Reuters) - European Union rules aimed at defining sustainable investments should help reduce "greenwashing" by businesses, but better quality corporate data is needed to ensure they work effectively, a banking report said on Tuesday. The sustainable finance rules will classify investments that can be marketed as sustainable, a move aimed at steering much-needed cash into...

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Don’t book any summer holidays yet, UK minister tells public By Reuters

LONDON (Reuters) - The British public should not book any overseas summer holiday yet, the minister responsible for the country's COVID vaccination programme said on Tuesday. "Absolutely," Nadhim Zahawi said when asked if the public should not book any vacation at the moment. "I think it's far too early. There's still 37,000 people in hospital with COVID at the moment, it's far...

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Britain confident of AstraZeneca, Pfizer vaccine supplies – minister By Reuters

LONDON (Reuters) - Britain's Minister for COVID Vaccine Deployment Nadhim Zahawi said on Tuesday he was confident both AstraZeneca and Pfizer (NYSE:PFE) would honour their COVID-19 vaccine supply agreements with the UK. Responding to reports that the European Union had threatened to block supplies of vaccines to the United Kingdom, he told Sky News: "I'm confident that they (AstraZeneca...

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Japan shares lower at close of trade; Nikkei 225 down 0.96% By Investing.com

Investing.com – Japan equities were lower at the close on Tuesday, as losses in the Paper & Pulp, Railway & Bus and Real Estate sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 fell 0.96%. The biggest gainers of the session on the Nikkei 225 were Tokyo Electric Power Co., Inc. (T:9501), which rose 4.89% or...

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JD Sports confirms exploring additional funding options By Reuters

(Reuters) - JD Sports Fashion Plc confirmed on Tuesday that it was exploring additional funding options which may involve a non-equity placing, as it looks to increase its flexibility to invest in future strategic opportunities. The announcement comes a day after Sky News reported https://news.sky.com/story/jd-sports-fashion-plots-400m-share-sale-to-bolster-deals-warchest-12198844 JD Sports Fashion was in talks about a 400 million pound ($545.56 million) share sale, and was...

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