Four more cases of a coronavirus variant linked to a
surge in cases in Brazil have been identified in England, health authorities have said. Three of the individuals with the P.1 strain are in South Gloucestershire, all contacts of existing known cases in the area, Public Health England said. Another case has been found in Bradford, West Yorkshire.
Initial jobless claims in the US fell last week to their lowest level since November, in a sign that
lay-offs have slowed as some states roll back coronavirus restrictions. New unemployment filings totalled a seasonally adjusted 712,000, compared with 754,000 in the previous week, the US Department of Labor said on Thursday.
Eurozone government bonds rallied and stock markets trended higher after the European Central Bank pledged to speed up its
asset purchases to deal with a jump in global borrowing costs. The regional Stoxx 600 benchmark rose 0.2 per cent to 422.9 points, close to its pre-pandemic high of 433.9 in February 2020.
across the bloc declined by 2.4 per cent between the second quarter of 2019 and the second quarter of 2020.
Mandarin Oriental said it was having
at least some success in convincing the wealthy to holiday in their own countries, after a collapse in international travel pushed the luxury hotel group to a $206m full-year loss. The chain said on Thursday that demand for so-called staycations had shielded it from the worst of the coronavirus crisis.
The EU has approved the single-shot Johnson & Johnson Covid-19 vaccine, which has become the fourth to
receive the go-ahead in the 27-nation bloc and promises to boost Europe’s slow rollout of its campaign. The approval from the European Medicines Agency comes days after the US authorised it for emergency use.
SoftBank-backed Coupang made a strong start on Wall Street, with the South Korean ecommerce company hitting a market value of more than $100bn. The expected
easing of the pandemic “doesn’t mean that the trend for online shopping is going to slow down”, said Eric Kim, an early investor and former board member.
BMW’s profits rose during the second half of 2020, becoming the latest carmaker to experience a
strong end to the year despite the pandemic shutting showrooms across the world. Pre-tax profit for the year fell 27 per cent to €5.2bn, with sales 5 per cent lower at €99bn. But in the second half of the year, profits rose 10 per cent to €4.7bn.
Source : https://www.ft.com/content/c30de288-b50d-4a6e-b08b-db921817d5dd700