Fidelity Top Stories
Shopping visits decline as infections rise - BRC
Visits to UK shopping locations dropped during September as Covid-19 infections rose and restrictions were tightened, industry figures showed.
Moderna won't enforce Covid patents during pandemic
US drug maker Moderna said it would not enforce patents related to its experimental Covid-19 vaccine while the pandemic continues, allowing other pharmaceutical companies to use its technology.
IBM to spin off infrastructure services unit by end-2021
International Business Machines (IBM) said it planned to spin off its IT infrastructure services unit to focus on rapidly-growing cloud computing business.
Madrid court rejects partial lockdown of capital, surrounding cities
Madrid’s top regional court on Thursday rejected a partial lockdown imposed on the capital and nine surrounding towns to stymie the spread of coronavirus infections.
TalkTalk considers £1.1bn approach from Toscafund
TalkTalk is in discussions to be taken private by Toscafund Asset Management after the investment firm approached it about a cash offer valuing the company at £1. 12bn.
Imperial Brands sees 6% earnings fall on higher Covid provisions
Tobacco company Imperial Brands said it expected full-year earnings to be 6% lower as it made higher provisions for stock and bad debts, citing ongoing Covid-19 uncertainties.
Eli Lilly's Covid-19 antibody treatment shows promise, company says
US drug giant Eli Lilly's monoclonal antibody treatment is effective in reducing levels of the novel coronavirus in patients and appears to be able to keep them from having to go go the emergency room or hospital, the company said.
GVC Holdings lifts guidance; to buy Portugal's Bet.pt
Ladbrokes owner GVC Holdings on Thursday lifted core earnings guidance as a surge in online bettering and the resumption of major sports events boosted third-quarter revenue.