Fidelity Top Stories
CureVac rejects reports of White House takeover offer for COVID-19 vaccine
CureVac has rejected a report at the weekend that the White House had offered to buy out the German-US biotechnology outfit that is developing a possible vaccine for the COVID-19 coronavirus.
Coronavirus: UK govt offers £330bn in guaranteed loans
The British government would offer £330bn in loans to help businesses cope with the financial impact of the coronavirus pandemic, said Finance Minister Rishi Sunak.
Euro 2020 football championship postponed for a year
The European football Championship due to be played this summer has been postponed for a year, the continent's ruling body decided on Tuesday, as the disruption caused by the coronavirus continued globally.
ITV says Euro 2020 delay will cut schedule costs by up to £50m
The postponement of the 2020 European football championship until next year will cut broadcaster ITV's schedule costs by £40m to £50m this year, including the cost of replacement programming, the company said on Tuesday.
UK may already have 55,000 coronavirus infections, government says
The COVID-19 coronavirus may have already infected as many as 55,000 people in the UK.
US retail sales volumes undershoot forecasts in February
US retail sales undershot forecasts last month and although economists said that they would likely be revised higher, they were also quick to warn that sharp drops in consumer spending lay ahead.
Coronavirus: UK govt warns against non-essential travel
The UK government advised against "non-essential international travel" from Britain in response to the coronavirus pandemic.
'Vast majority' of companies not insured for coronavirus closures
A majority of companies do not have insurance in place to protect them if they collapse because of coronavirus, it was warned on Tuesday, even if the government orders businesses to close.
Avis Budget placed on negative watch by S&P as demand slumps
Car rental giant Avis Budget was placed on negativewatch by ratings agency S&P which expected “materially weaker” operating results as demand for vehicles at airports slumped due to the coronavirus pandemic.
Johnson warned Covid-19 plan could end pub industry 'in days'
The UK's pub industry warned it faced an existential crisis and could be lost in "days" after the government advised people to avoid bars and restaurants to combat the spread of coronavirus.