Updates from medical and biotech groups proved they are at the forefront of the fight. Astrazeneca announced it had signed a contract to supply at least 300m doses of a potential Covid-19 vaccine.
Daily Mail Business Articles
Rolls-Royce to sell £2bn of assets after posting £5.4bn loss
The engineer has been hammered by the pandemic, which has triggered a collapse in global air travel and starved it of income it usually makes from servicing plane engines.
Sales at Tiffany higher than they were a year ago
The retailer, known for its distinctive turquoise branding and diamond engagement rings, said takings so far this month are above where they were in August last year.
Fed rips up inflation rules to boost economy
After decades of targeting an inflation rate of 2 per cent, the Federal Reserve said it would now tolerate a higher rate as it warned of the ‘serious risks’ which low inflation posed.
Translation specialist RWS in £2.8bn merger talks
RWS, one of the biggest companies on London’s junior stock market AIM, is buying rival SDL for £854m. The deal will be a significant win for the UK’s tech sector.
WPP dividend returns despite £2.6bn loss
In the first six months of this year, WPP racked up losses of £2.6billion, having made a profit of £409m in the same period last year. Revenues fell from £6.4billion to £5.6billion.
UK car production slumps by a fifth in July
Just 85,696 new models left vehicle plants last month, which is 22,543 fewer than in July 2019, official figures have revealed today.
CBI boss Carolyn Fairbairn demands Boris Johnson leads UK firms back into the workplace
Writing in the Mail, Carolyn Fairbairn, the director-general of the CBI says getting UK staff back into offices and workplaces is as important as the return of pupils to school.
Global stocks set records thanks to tech boom
Demand for tech shares and fresh hopes for a vaccine pushed the MSCI World Index, a major international benchmark, above the previous high reached before the Covid-19 outbreak.
US officials blast HSBC over Hong Kong clampdown
Secretary of State Mike Pompeo, alleged the lender was maintaining bank accounts for sanctioned officials but cutting off those ‘seeking freedom’.