BioNTech founders warn of vaccine supply gaps -Spiegel January 1, 2021 By Douglas Busvine BERLIN (Reuters) – BioNTech is working flat out with partner Pfizer to boost production of their COVID-19 vaccine, its founders said, warning there would be gaps in supply until other vaccines were rolled out. The German biotech startup has led the vaccine race but its shot has been slow to arrive in [...]
Exclusive – Bank of America’s diversity chief urges City firms to ‘do more’ in 2021 January 1, 2021 The City of London and the government recently launched a joint taskforce in order to tackle the lack of class diversity in the UK’s financial services sector as it is often argued the Square Mile needs to do better at diversity and inclusion. So will there be a step change in 2021? City A.M. sat [...]
In Calais, first trucks cross new customs border with UK January 1, 2021 Moments after Britain completed its divorce with the European Union, the first trucks hauling goods across the new customs border presented their clearance documents to French agents before loading onto a train to pass through the Eurotunnel. A barcode on Romanian driver Toma Moise’s paperwork was scanned and approved in seconds. “The future, I don’t [...]
Warm hookah pipes give away breach of lockdown rules in London January 1, 2021 Police in London burst in on about 50 people smoking water pipes and playing loud music inside a cafe, a major breach of strict Covid-19 regulations banning any kind of socialising between people from different households. The group fled when the police arrived, according to Reuters, but officers who searched the venue in Wembley found [...]
The year in charts: From the FTSE to Zoom’s share price December 31, 2020 2020 has been quite the ride. So, to cap it off, we worked with our friends at Flourish to look at *quite* how wild it was… Global stock markets have had an odd year – from optimism to collapse to guarded positivity for the future. Here’s how the FTSE 100 fared. Currency markets were all [...]
The City A.M. Punter Podcast EP:33 Sandown & Musselburgh New Year Meetings December 31, 2020 The weather has already taken its’ toll on this weekend’s racing after Cheltenham had to cancel their New Year’s Day meeting, but Musselburgh in Scotland goes ahead on Friday. Sandown are hopeful of hosting a jumps card on Saturday, where the Grade 1 Tolworth Novices’ Hurdle is the feature race. Jockey Chester Williams joins us [...]
Wall St closes higher, dollar drops as remarkable year winds down December 30, 2020 By Stephen Culp NEW YORK (Reuters) -Wall Street ended the session in positive territory and the dollar dipped to its lowest in more than two years on Wednesday, the penultimate trading day in a remarkable year of pandemic, recession and recovery. All three major U.S. stock indexes gained modestly, but short of all-time closing highs [...]
Our top picks of art, film and theatre in 2020 December 30, 2020 It’s been a year of existential crisis for the arts, to the extent you could be forgiven for only remembering the closures and cancellations. But squeezed between 2020’s lockdowns were some excellent moments for the arts. Here are my top picks from the exhibitions, films and shows I managed to attend this year.
EU and China sign investment pact after Merkel’s intervention December 30, 2020 The EU and China have concluded in principle negotiations on an investment deal, with Angela Merkel playing an “active role” in driving through the accord. The deal comes amid deep concerns about the Chinese government’s use of its economic clout to enmesh itself in western countries. A European Commission statement said the agreement is of [...]
Defying Trump, McConnell puts off vote on $2,000 checks, urges override of defense bill veto December 30, 2020 By David Morgan and Susan Cornwell WASHINGTON (Reuters) – Senate Majority Leader Mitch McConnell on Tuesday put off a vote on increasing COVID-19 relief checks from $600 to $2,000 and urged senators to override President Donald Trump’s veto of a defense bill, in a rare challenge to his fellow Republican three weeks before Trump leaves [...]