Wall Street closes just shy of record on renewed hopes of Covid-19 vaccine November 9, 2020 Wall Street surged ahead today as news of the first successful late stage Covid-19 vaccine trials bolstered hopes of the global economy emerging from a year of pandemic-driven crisis, with the S&P 500 and Dow Jones opening on record highs. News that Pfizer’s experimental vaccine was found to be more than 90 per cent effective [...]
Trump sacks defence secretary Mark Esper November 9, 2020 Donald Trump has sacked US defence secretary Mark Esper and replaced him with National Counterterrorism Centre director Christopher Miller. The US President took to Twitter to announce: “Mark Esper has been terminated. I would like to thank him for his service”. In a separate tweet Trump added: “I am pleased to announce that Christopher C. [...]
Rishi Sunak announces post-Brexit outline for City of London November 9, 2020 Rishi Sunak has outlined the City of London’s future after Brexit, which will aim to provide stability for EU financial services firms operating in the UK while also trying to open up the sector to more international markets. Sunak said the Treasury today was unliterally publishing “a set of equivalence decisions for EU and EEA [...]
Boris Johnson urges caution over Pfizer Covid vaccine breakthrough November 9, 2020 Boris Johnson has urged the nation to not start celebrating the news of a potential effective Covid vaccine and that the “distant bugle of the scientific cavalry” was still “some way off”. Johnson said at a press conference this afternoon that the UK would wait until Pfizer and BioNTech release the safety data around the vaccine [...]
Editorial: London’s thriving future depends on giving today’s youngsters a chance November 9, 2020 This miserable year has hit all of us in different ways. The elderly have, of course, suffered most from a virus that seems to have it in for them. But the young generations are those that have been hit hardest economically. That’s not a wild surprise – many work in hospitality, retail, and other sectors [...]
Blockchain and the future of digital and crypto currencies November 9, 2020 With the advances in online banking, contactless payments, and the recent concerns related to using physical currency in the days of COVID-19, fewer and fewer people carry cash. And with China leading the way to launch a central bank for digital currencies, this trend is not just set to continue, but to accelerate. Many in [...]
Market surge crashes trading platforms on ‘busiest ever day’ November 9, 2020 Investors trying to cash in on today’s market surge were left disappointed after some of the major trading platforms crashed due to overwhelming demand. Pharma giant Pfizer today announced that early studies of its coroanvirus vaccine are 90 per cent effective which sent markets into a frenzy. The FTSE 100 shot up, closing up 4.67 [...]
Bad connection: Zoom shares sink after Pfizer Covid-19 vaccine breakthough November 9, 2020 Bad connection: Zoom shares sink 16% after Pfizer Covid-19 vaccine breakthough
Six tips for lockdown success from former England cricketer Jeremy Snape November 9, 2020 With the second lockdown firmly in place, our mindset will be the key to our success. As an England cricketer, I realised that my mindset was either my greatest strength or my biggest weakness yet I spent so little time developing it. After studying an MSc in sport psychology, and working with some of the [...]
Ineos launches clean hydrogen business in green drive November 9, 2020 Sir Jim Ratcliffe’s firm Ineos has joined the long list of corporates piling into green energy with the launch of a new UK business to cut carbon emissions. The chemicals company has today launched a new clean hydrogen business, headquartered in the UK, in its drive to net-zero carbon emissions. Through its subsidiary Inovyn, Ineos [...]