Political News
Pfizer and BioNTech Covid-19 vaccine may be ready by late November
Pfizer and BioNTech's Covid-19 vaccine candidate could be ready for use by the end of November, the boss of the former company, Albert Bourla, said.
US consumer confidence rises in October, University of Michigan says
The American consumer grew a bit more confidence in October, the results of the most closely followed gauge for confidence across the country revealed.
Pound slumps as Johnson tells UK to 'get ready' for no-deal Brexit
Tensions on stalled Brexit trade talks heightened on Friday as Prime Minister Boris Johnson said Britons should prepare for no-deal if the EU did not compromise.
Unilever's UK shareholders approve move to London
More than 99% of Unilever shareholders have voted to end the conglomerate's dual nationality status and base its headquarters solely in London, a move that may pave the way for mergers and acquisitions activity.
Goldman bullish on oil and natural gas prices even if Democrats take White House
Goldman Sachs remains 'bullish' on the outlook for oil and natural gas prices, even in the event of a victory for Democratic party candidate Joe Biden at the next US Presidential election on 3 November.
Pub sector seeking judicial review of new lockdowns
The hospitality sector is considering legal action against proposed new Covid-19 lockdown rules, which could see pubs, bars and other nighttime venues close once again.
HSBC targets net zero emissions by 2050 with $1trn in financing
HSBC is set to target net zero carbon emissions by 2050 at the latest and is expected to provide between $750bn and $1trn in financing to help clients make the change.
UN World Food Programme wins Nobel peace prize
The UN’s World Food Programme was awarded the nobel peace prize this year for its efforts to combat famine around the world and improve conditions for peace in wartorn areas.
Spain decrees 'state of alarm' in Madrid and nine other cities
Spain's government has decreed a partial 'state of alarm' covering the country's capital, Madrid, and nine other cities.
BoE and FCA tell City to prepare for Brexit disruption
The Bank of England and the Financial Conduct Authority have told the City to prepare for potential market disruption when the UK leaves the EU at the end of 2020.
Sunak to set out more jobs support
Chancellor Rishi Sunak is preparing to announce a local job furlough scheme for workers at businesses forced to close by new Covid-19 restrictions.
UK parliament committee finds evidence that Huawei colludes with Beijing
The British parliament’s defence committee said on Thursday that it had found clear evidence that Chinese giant Huawei had colluded with Beijing.
Direction of Brexit talks 'cause for optimism', Gove says
There is cause for optimism regarding the probable endgame for talks between Brussels and London on Britain's withdrawal from the single currency bloc.
Trump takes mask off on return to White House while still infectious
US President Donald Trump could face backlash on Tuesday for removing his face mask on his return to the White House as he urged citizens not to fear Covid-19.
Trump ready to return to normal schedule, chief-of-staff says
The US President is now ready to return to his normal schedule, his chief-of-staff said.
Sunak warns of hard choices ahead
Chancellor Rishi Sunak warned there were hard choices ahead as he promised to "balance the books" after the government borrowed heavily during the Covid-19 crisis.
Covid-19 and no-deal Brexit may cost UK $174bn annually
The UK could end up paying costs of $174bn (£134bn) a year over the impact of Covid-19 and no-deal Brexit on the national economy, said the latest report by Baker & McKenzie.
US non-farm payrolls fall a little short of forecasts, but hiring is slowing
The US jobs market continued to show signs of slowing down a bit last month.
Johnson and Von der Leyen seek Brexit breakthrough
Boris Johnson and Ursula von der Leyen will hold personal talks this weekend in an attempt to take Brexit trade negotiations into the so-called tunnel phase.
US President Trump, wife test positive for Covid-19
US President Donald Trump and his wife Melania have tested positive for the coronavirus, he announced on Friday.