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Week ahead: Vaccination programmes, EU summit
The spotlight over the coming week is likely to be on progress with vaccination programmes around the world.
Europe close: Stocks slip as investors grapple with Covid-19 headwinds
European stocks slumped at the end of the week as investors ignored long-awaited US stimulus proposals from President-elect Joe Biden and focused on news a temporary slowdown of shipments of Pfizer's Covid-19 vaccine.
Citigroup's shares slide as Q4 revenues miss analysts' estimates
US banking giant Citigroup's revenues fell short of analysts' estimates in the last quarter of 2020.
Pfizer to temporarily slow deliveries as key factory is revamped
Pfizer will slow deliveries of its Covid-19 vaccine over the next three to four weeks in order to upgrade a key facility and boost production across the remainder of 2021.
US industrial output jumps past forecasts in December
Industrial output in the US jumped past forecasts at the end of December with across the board gains in all sub-sectors.
US consumer confidence only dips in January, University of Michigan says
Consumer confidence in the States only dipped at the turn of the year despite the ongoing novel coronavirus pandemic and poor political headlines, the results of a closely-followed survey revealed.
Wells Fargo beats estimates for Q4 profits despite drop in revenues
Wells Fargo beat estimates on the Street for its fourth quarter earnings.
JP Morgan blows doors off analysts' Q4 estimates
Banking heavyweight JP Morgan blew past analysts' forecasts for the fourth quarter as the lender released $2. 9bn of reserves on the back of the improved outlook.