Bloomberg Monitoring the safety of Covid-19 vaccines, especially those relying on novel technologies such as messenger RNA, will be one of the biggest challenges once shots are rolled out widely, according to Europe’s new drug agency chief. Positive results won’t “remove the need to monitor very carefully these new vaccines, particularly the first couple that seem to be coming through,†...
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Investors ask BMW, Glencore to disclose climate risk in accounts
Bloomberg Investors managing more than $9 trillion of assets have called on some of Europe’s biggest companies to include an assessment about the impact of climate change in their financial statements. DWS, Insight Investment and JPMorgan Asset Management are among 38 members of the Institutional Investors Group on Climate Change that wrote to 36 companies requesting they “properly reflect the ...
Read More »Apple targeted by EU privacy activist who took on Facebook
Bloomberg Apple Inc’s ad tracking is the target of two complaints to Spanish and German authorities by a privacy advocate whose earlier legal battles are forcing Facebook Inc to change the way it transfers data. Noyb, a group founded by privacy activist Max Schrems, is accusing Apple of unlawfully installing so-called identification for advertisers on its devices. The service helps ...
Read More »Ancestry, Dunkin’ buyout loans lead debt sale surge
Bloomberg Leveraged loans funding acquisitions of Ancestry.com Inc and Dunkin’ Brands Group Inc are marketing, as private equity firms dash to lock in cheap financing before the holiday season kicks off. There are at least 13 loans for over $9.1 billion due over the next five sessions, with about 80% funding either buyouts or dividend payouts. That includes Inspire Brands ...
Read More »J&J starts phase III vaccine trial in UK
Bloomberg A coronavirus vaccine from a unit of Johnson & Johnson was expected to move to the third phase of clinical trials in the UK on Monday that will test safety and effectiveness of the shot. The testing round by Janssen Pharmaceutical Companies will include 6,000 volunteers and take place across 17 sites, according to a statement. The vaccine is ...
Read More »Global stocks climb towards record; greenback retreats
Bloomberg European stocks followed Asian shares and US futures higher on Monday, buoyed by positive sentiment on trade and signs of opposition to a national American lockdown. The dollar fell. The Stoxx Europe 600 opened higher, with Vodafone Group Plc shares climbing after the firm beat estimates and said it expects sales to recover from a first half dominated by ...
Read More »Asian stocks set for record high as trade pact buoys sentiment
Bloomberg The world’s largest regional free-trade agreement between Asian nations and the ruling out of a national US lockdown boosted sentiment to put Asia Pacific stocks on course to close at an all-time high. The MSCI Asia Pacific Index rallied as much as 1.5% to 187.70, helped by gains in heavyweights like Samsung Electronics Co and Taiwan Semiconductor Manufacturing Co. ...
Read More »UAE widens ‘golden’ visa system to include more professionals
Abu Dhabi / WAM The UAE Cabinet has announced major changes in the Golden Residency programme aimed at attracting and retaining experts and talented professionals from various fields and scientific disciplines. The changes will take place starting from December 01, 2020. The UAE Golden Residency, a ten-year residency visa, will be granted to residents with PhD degree, in addition to ...
Read More »Sharjah realty transactions record AED4.6b in Q3 2020
SHARJAH / WAM The real estate sector in the emirate of Sharjah has recorded a 10 percent growth in the real estate transactions concluded in the third quarter of 2020 as compared to the same period last year. Figures show that up to 14,854 real estate transactions, worth AED4.6 billion, were sealed over Q-3 this year. The sales transactions recorded ...
Read More »Emirates, FlySafair to boost travel options in S Africa
DUBAI / WAM Emirates Airline and FlySafair on Sunday announced an interline agreement, opening up connections for customers to selected routes on FlySafair’s network in South Africa. Through the arrangement, Emirates and FlySafair plan to offer the ease of single-ticket travel and through tagging of baggage for travellers transferring from Emirates’ three gateways – Johannesburg, Cape Town, and Durban to ...
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